Date, Location, and Type of Meeting

The 41st AGM was held on Friday, September 18, 2026, at 3:00 PM at the Registered Office of the Company at A-2/10, 1st Floor, WHS DDA Marble Market, Kirti Nagar, New Delhi - 110015, through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was conducted in accordance with the Companies Act, 2013 and SEBI LODR Regulations.

Summary of Proposed Resolutions and Implications

The AGM considered nine ordinary resolutions:

  • Item 1: Adoption of audited Financial Statements for the financial year ended March 31, 2026, including consolidated statements and reports of Board of Directors and Auditors.
  • Item 2: Declaration of Dividend on Equity Shares.
  • Item 3: Re-appointment of Mr. Shashank Srivastava (DIN: 00139273) as a Director who retires by rotation.
  • Item 4: Re-appointment of Mr. Kazuo Ninomiya (DIN: 11205921) as a Director who retires by rotation.
  • Item 5: Ratification of remuneration payable to M/s. Ashish and Associates, Cost Auditors for the financial year ending March 31, 2027.
  • Item 6: Re-appointment of Mr. Masao Fukami (DIN: 09811031) as a Whole-Time Director, designated as Deputy Managing Director-Technical and C.T.O.
  • Item 7: Material Related Party Transaction(s) with AGC Asia Pacific Pte. Limited.
  • Item 8: Material Related Party Transaction(s) with Maruti Suzuki India Limited.
  • Item 9: Material Related Party Transaction(s) with AIS Consumer Glass Solutions Limited.

For resolutions 7, 8, and 9, promoters and promoter group were interested parties and did not vote, as per regulatory requirements.

Voting Process and Methods

The Company provided remote e-voting facility through Central Depositary Services (India) Limited, which commenced at 9:00 AM on Monday, September 14, 2026, and concluded at 5:00 PM on Thursday, September 17, 2026. Venue e-voting was also available during the AGM for members attending via VC/OAVM. The scrutinizer, SKP & Co Company Secretaries, was appointed to ensure a fair and transparent voting process. Votes were unblocked on September 18, 2026, at Vaishali, NCR Delhi, in the presence of witnesses Bulbul and Pooja Saini.

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on record date (September 11, 2026): 67,020
  • Number of shareholders present via Video Conferencing: 84 (Promoters and Promoter Group: 11, Public: 73)
  • Total votes polled: 195,586,730 shares, representing 76.72% of total outstanding shares (254,927,192 shares).

Resolution-wise Results

  • Item 1: Adoption of Financial Statements
  • Votes in favour: 195,586,601 (100.00% of votes polled)
  • Votes against: 129 (0.00% of votes polled)
  • Category-wise breakdown:
  • Promoters and Promoter Group: 125,686,017 votes in favour (100.00%), 0 against
  • Public Institutions: 23,948,609 votes in favour (100.00%), 0 against
  • Public Non-Institutions: 45,951,975 votes in favour (100.00%), 129 against (0.00%)
  • Item 2: Declaration of Dividend
  • Votes in favour: 195,586,601 (100.00% of votes polled)
  • Votes against: 129 (0.00% of votes polled)
  • Category-wise breakdown identical to Item 1.
  • Item 3: Re-appointment of Shashank Srivastava
  • Votes in favour: 195,479,494 (99.95% of votes polled)
  • Votes against: 107,236 (0.05% of votes polled)
  • Category-wise breakdown:
  • Promoters and Promoter Group: 125,686,017 votes in favour (100.00%), 0 against
  • Public Institutions: 23,842,081 votes in favour (99.55%), 106,528 against (0.45%)
  • Public Non-Institutions: 45,951,396 votes in favour (100.00%), 708 against (0.00%)
  • Item 4: Re-appointment of Kazuo Ninomiya
  • Votes in favour: 195,479,421 (99.95% of votes polled)
  • Votes against: 107,309 (0.05% of votes polled)
  • Category-wise breakdown similar to Item 3.
  • Item 5: Ratification of Cost Auditors' Remuneration
  • Votes in favour: 195,586,601 (100.00% of votes polled)
  • Votes against: 129 (0.00% of votes polled)
  • Category-wise breakdown identical to Item 1.
  • Item 6: Re-appointment of Masao Fukami
  • Votes in favour: 195,472,469 (99.94% of votes polled)
  • Votes against: 114,261 (0.06% of votes polled)
  • Category-wise breakdown:
  • Promoters and Promoter Group: 125,686,017 votes in favour (100.00%), 0 against
  • Public Institutions: 23,835,127 votes in favour (99.53%), 113,482 against (0.47%)
  • Public Non-Institutions: 45,951,325 votes in favour (100.00%), 779 against (0.00%)
  • Item 7: Related Party Transaction with AGC Asia Pacific
  • Only non-interested shareholders voted; promoters abstained.
  • Votes polled: 69,900,713 shares (27.42% of outstanding shares)
  • Votes in favour: 69,900,584 (100.00% of votes polled)
  • Votes against: 129 (0.00% of votes polled)
  • Category-wise breakdown:
  • Public Institutions: 23,948,609 votes in favour (100.00%), 0 against
  • Public Non-Institutions: 45,951,975 votes in favour (100.00%), 129 against (0.00%)
  • Item 8: Related Party Transaction with Maruti Suzuki
  • Only non-interested shareholders voted; promoters abstained.
  • Votes polled: 69,900,713 shares (27.42% of outstanding shares)
  • Votes in favour: 69,900,584 (100.00% of votes polled)
  • Votes against: 129 (0.00% of votes polled)
  • Category-wise breakdown identical to Item 7.
  • Item 9: Related Party Transaction with AIS Consumer Glass
  • Only non-interested shareholders voted; promoters abstained.
  • Votes polled: 69,900,713 shares (27.42% of outstanding shares)
  • Votes in favour: 69,900,584 (100.00% of votes polled)
  • Votes against: 129 (0.00% of votes polled)
  • Category-wise breakdown identical to Item 7 and 8.

Scrutinizer's Role and Findings

SKP & Co Company Secretaries was appointed as the scrutinizer. They verified the remote e-voting and venue e-voting processes, ensuring fairness and transparency. The votes were unblocked on September 18, 2026, in the presence of witnesses Bulbul (PAN: FSTPB1019J) and Pooja Saini (PAN: KNPPP3899M). The scrutinizer confirmed the accuracy of the voting results and submitted a consolidated report.

Compliance with Laws and Regulations

The AGM and voting process were conducted in compliance with the Companies Act, 2013, SEBI LODR Regulations, 2015, and relevant circulars. The Company adhered to all regulatory requirements for disclosure and shareholder voting.

Names and Roles of Signatories

  • Gopal Ganatra, Executive Director, General Counsel & Company Secretary (Membership No.: F7090), signed the covering letter to the stock exchanges.
  • SKP & Co Company Secretaries (Proprietor M. No.: F6136, C.P. No.: 6575) signed the scrutinizer's report.
  • Witnesses Bulbul and Pooja Saini attested to the unblocking of votes.