Disclosure of Voting Results under Regulation 44(3) of SEBI LODR Regulations, 2015

Meeting Details

  • Meeting Type: 29th Annual General Meeting (AGM)
  • Meeting Date: Wednesday, 30th September 2026
  • Meeting Time: 02:00 P.M. (IST)
  • Meeting Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Record Date: 23rd September 2026

Voting Process and Methods

  • Remote E-voting Period: Friday, 25th September 2026 (9:00 A.M. IST) to Tuesday, 29th September 2026 (5:00 P.M. IST)
  • E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
  • Voting at AGM: Electronic voting conducted during the meeting for members who did not participate in remote e-voting
  • Scrutinizer: Sridevi Madati, Practising Company Secretary and Partner of M/s. MNM and Associates (Firm Registration No. P2017TL059600)

Shareholder Participation Data

  • Total number of shareholders on record date: 436,625
  • Shareholders present in meeting:
  • Promoters and Promoter group: 3
  • Public: 0
  • Shareholders attended through video conferencing:
  • Promoters and Promoter group: 0
  • Public: 85
  • Total number of resolutions: 8

Resolution Details and Voting Outcomes

Resolution 1: Ordinary Resolution - Adoption of Audited Standalone Financial Statements
  • Promoter & Promoter Group: 18,572,410 votes in favor (100%), 0 against
  • Public Institutions: 20,608,441 votes in favor (100%), 0 against
  • Public Non-Institutions: 13,439,096 votes in favor (99.9932%), 917 against (0.0068%)
  • Total: 219,771,637 votes in favor (99.9995%), 917 against (0.0005%)
  • Result: Passed
Resolution 2: Ordinary Resolution - Adoption of Audited Consolidated Financial Statements
  • Promoter & Promoter Group: 18,572,410 votes in favor (100%), 0 against
  • Public Institutions: 17,221,004 votes in favor (83.5629%), 3,387,437 against (16.4371%)
  • Public Non-Institutions: 13,439,318 votes in favor (99.9932%), 916 against (0.0068%)
  • Total: 216,384,422 votes in favor (98.4582%), 3,388,353 against (1.5418%)
  • Result: Passed
Resolution 3: Ordinary Resolution - Declaration of Dividend on Equity Shares
  • Promoter & Promoter Group: 18,572,410 votes in favor (100%), 0 against
  • Public Institutions: 20,608,441 votes in favor (100%), 0 against
  • Public Non-Institutions: 13,439,372 votes in favor (99.9936%), 862 against (0.0064%)
  • Total: 219,771,913 votes in favor (99.9996%), 862 against (0.0004%)
  • Result: Passed
Resolution 4: Ordinary Resolution - Re-appointment of Mr. Aditya Kumar Halwasiya as Director
  • Promoter & Promoter Group: 18,572,410 votes in favor (100%), 0 against
  • Public Institutions: 20,168,962 votes in favor (97.8675%), 439,479 against (2.1325%)
  • Public Non-Institutions: 13,332,115 votes in favor (99.1977%), 107,834 against (0.8023%)
  • Total: 219,225,177 votes in favor (99.7510%), 547,313 against (0.2490%)
  • Result: Passed
Resolution 5: Ordinary Resolution - Ratification of Remuneration of Cost Auditors
  • Promoter & Promoter Group: 18,572,410 votes in favor (100%), 0 against
  • Public Institutions: 20,608,441 votes in favor (100%), 0 against
  • Public Non-Institutions: 13,437,364 votes in favor (99.9832%), 2,252 against (0.0168%)
  • Total: 219,769,905 votes in favor (99.9990%), 2,252 against (0.0010%)
  • Result: Passed
Resolution 6: Special Resolution - Approval for Loan/Guarantee/Security for Shauryastra Defence Systems
  • Promoter & Promoter Group: 18,572,410 votes in favor (100%), 0 against
  • Public Institutions: 15,734,950 votes in favor (76.3520%), 4,873,491 against (23.6480%)
  • Public Non-Institutions: 13,436,504 votes in favor (99.9753%), 3,317 against (0.0247%)
  • Total: 214,895,554 votes in favor (97.7809%), 4,876,808 against (2.2190%)
  • Result: Passed
Resolution 7: Special Resolution - Approval of Material Related Party Transactions
  • Promoter & Promoter Group: 0 votes (abstained due to interest)
  • Public Institutions: 12,349,121 votes in favor (68.8427%), 5,589,041 against (31.1573%)
  • Public Non-Institutions: 13,437,737 votes in favor (99.9845%), 2,084 against (0.0155%)
  • Total: 25,786,858 votes in favor (82.1814%), 5,591,125 against (17.8186%)
  • Result: Passed
Resolution 8: Special Resolution - Approval for Conversion of Loan into Equity
  • Promoter & Promoter Group: 18,572,410 votes in favor (100%), 0 against
  • Public Institutions: 20,539,305 votes in favor (99.6645%), 69,136 against (0.3355%)
  • Public Non-Institutions: 13,434,651 votes in favor (99.9613%), 5,205 against (0.0387%)
  • Total: 219,698,056 votes in favor (99.9662%), 74,341 against (0.0338%)
  • Result: Passed

Scrutinizer's Report Details

  • Scrutinizer: Sridevi Madati, Practising Company Secretary
  • Firm: MNM and Associates (Firm Registration No. P2017TL059600)
  • Vote unblocking: 30th September 2026 after AGM conclusion, witnessed by two independent witnesses
  • Data custody: All electronic voting records remain in scrutinizer's safe custody until Chairman approves and signs minutes

Compliance Confirmation

The voting process was conducted in compliance with:

  • Section 108 and 109 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars

Additional Information

  • Total shares on record date: 371,599,512