Meeting Details
The 22nd Annual General Meeting was held on Friday, July 31, 2026, through Video Conferencing/Other Audio Visual Means. Physical attendance was not required as per MCA circulars.
Shareholder Participation
- 86 shareholders attended through video conferencing (2 Promoters/Promoter Group, 84 Public)
- 37,435 shareholders were entitled to vote as of the cut-off date July 24, 2026
- 63.0780% of outstanding shares participated in voting (9,98,56,355 votes polled out of 15,83,06,247 total shares)
Voting Results Summary
All eight resolutions (Items 1 to 8) mentioned in the Notice were passed by members.
Resolution Details
Resolution 1: Ordinary Resolution - Adoption of Financial Statements
- To consider and adopt: (a) audited standalone financial statements for FY ended March 31, 2026, reports of Board of Directors and Auditors; and (b) audited consolidated financial statements for FY ended March 31, 2026 and report of Auditors
- Votes in favor: 9,98,56,307 (99.9999%)
- Votes against: 48 (0.0001%)
- 140 members voted
Resolution 2: Ordinary Resolution - Final Dividend Declaration
- To declare final dividend of ₹0.45 per equity share for FY ended March 31, 2026
- Votes in favor: 9,98,55,005 (99.9986%)
- Votes against: 1,350 (0.0014%)
- 137 members voted in favor, 10 against
Resolution 3: Ordinary Resolution - Director Re-appointment
- To appoint Ms. Shalini Kanwar Chand (DIN: 00015511) who retires by rotation and offers herself for re-appointment
- Votes in favor: 9,98,54,800 (99.9984%)
- Votes against: 1,555 (0.0016%)
- 137 members voted in favor, 10 against
Resolution 4: Ordinary Resolution - Auditor Re-appointment
- Re-appointment of M/s. T R Chadha & Co LLP, Chartered Accountants, as Statutory Auditors
- Votes in favor: 9,98,56,220 (99.9999%)
- Votes against: 135 (0.0001%)
- 138 members voted in favor, 9 against
Resolution 5: Ordinary Resolution - Cost Auditor Remuneration
- Ratification of payment of remuneration to Cost Auditors for FY 2026-27
- Votes in favor: 9,98,56,287 (99.9999%)
- Votes against: 68 (0.0001%)
- 139 members voted in favor, 8 against
Resolution 6: Special Resolution - Independent Director Appointment
- Appointment of Mr. Tapan Mitra (DIN: 08445248) as an Independent Director
- Votes in favor: 9,98,56,307 (99.9999%)
- Votes against: 48 (0.0001%)
- 140 members voted in favor, 7 against
Resolution 7: Special Resolution - Independent Director Appointment
- Appointment of Dr. Girdhar Jessaram Gyani (DIN: 05169157) as an Independent Director
- Votes in favor: 9,98,56,307 (99.9999%)
- Votes against: 48 (0.0001%)
- 140 members voted in favor, 7 against
Resolution 8: Ordinary Resolution - Non-Executive Director Commission
- Payment of remuneration by way of commission to Non-Executive Directors
- Votes in favor: 9,74,09,441 (97.5496%)
- Votes against: 24,46,914 (2.4504%)
- 118 members voted in favor, 29 against
Voting Methodology
- Remote e-voting period: July 28, 2026 (9:00 AM IST) to July 30, 2026 (5:00 PM IST)
- E-voting facility provided by National Securities Depository Limited (NSDL)
- Scrutinizer: Ankit Tiwari & Co., Practicing Company Secretaries
- No invalid votes were cast in any resolution
Shareholding Structure
- Promoter and Promoter Group: 9,24,39,640 shares (58.38%)
- Public Institutions: 3,30,28,882 shares (20.86%)
- Public Non-Institutions: 3,28,37,725 shares (20.74%)
- Includes 23,44,220 shares held in unclaimed suspense account (voting rights frozen)
Scrutinizer's Report
The scrutinizer confirmed all resolutions were passed based on votes cast through remote e-voting and e-voting during the AGM. Electronic data and records are under scrutinizer's custody until minutes are approved.