Key Correction Details

The error was specifically in Resolution No. 4 ("To consider re-appointment of Mr. Sandeep Engineer (DIN: 00067112) as Managing Director of the Company") where the field "Whether promoter/promoter group are interested in the agenda/resolution?" was incorrectly mentioned as "No" instead of "Yes". The company clarified that except for this correction, there is no change whatsoever in the voting results, scrutinizer's report, or any other information contained in the original submission.

Meeting Details

  • Meeting Date: August 24, 2026
  • Meeting Type: 30th Annual General Meeting
  • Meeting Time: 11:00 AM to 11:58 AM
  • Record Date: August 17, 2026
  • Total Shareholders on Record Date: 263,678
  • Shareholders Present in Meeting: 0 (0 promoters, 0 public)
  • Shareholders Attended via Video Conferencing: 53 (4 promoters, 49 public)
  • Number of Resolutions Passed: 5

Voting Results Summary

All five resolutions were passed. The detailed voting results are as follows:

Resolution 1: Adoption of Financial Statements

  • Description: To receive, consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2026 together with the reports of the Directors and Auditors thereon
  • Result: Passed
  • Total Votes Polled: 237,385,386 (88.3623% of outstanding shares)
  • Votes in Favor: 237,212,817 (99.9273% of votes polled)
  • Votes Against: 172,569 (0.0727% of votes polled)
  • Scrutinizer Report: 237,212,817 votes in favor (99.93% of total valid votes), 172,569 votes against (0.07% of total valid votes)

Resolution 2: Dividend Declaration

  • Description: To confirm the payment of Interim Dividend declared by the Board of Directors and to declare Final Dividend on Equity shares for the financial year ended on 31st March, 2026
  • Result: Passed
  • Total Votes Polled: 237,523,320 (88.4136% of outstanding shares)
  • Votes in Favor: 237,522,643 (99.9997% of votes polled)
  • Votes Against: 677 (0.0003% of votes polled)
  • Scrutinizer Report: 237,522,643 votes in favor (99.99% of total valid votes), 677 votes against (0.0002% of total valid votes)

Resolution 3: Re-appointment of Director

  • Description: To consider re-appointment of Mr. Hiranand Savlani (DIN: 07023661), who retires by rotation and being eligible, offers himself for re-appointment
  • Result: Passed
  • Total Votes Polled: 237,523,320 (88.4136% of outstanding shares)
  • Votes in Favor: 236,085,183 (99.3945% of votes polled)
  • Votes Against: 1,438,137 (0.6055% of votes polled)
  • Scrutinizer Report: 236,085,183 votes in favor (99.39% of total valid votes), 1,438,137 votes against (0.61% of total valid votes)

Resolution 4: Re-appointment of Managing Director (Corrected Resolution)

  • Description: To consider re-appointment of Mr. Sandeep Engineer (DIN: 00067112) as Managing Director of the Company
  • Promoter Interest: Yes (corrected from original "No")
  • Result: Passed
  • Total Votes Polled: 237,523,320 (88.4136% of outstanding shares)
  • Votes in Favor: 192,637,702 (81.1026% of votes polled)
  • Votes Against: 44,885,618 (18.8974% of votes polled)
  • Notable Opposition: Public Institutions voted 48.6598% in favor and 51.3402% against
  • Scrutinizer Report: 192,637,702 votes in favor (81.10% of total valid votes), 44,885,618 votes against (18.90% of total valid votes)

Resolution 5: Cost Auditor Remuneration

  • Description: To ratify the remuneration of the Cost Auditors
  • Result: Passed
  • Total Votes Polled: 237,523,318 (88.4136% of outstanding shares)
  • Votes in Favor: 237,522,618 (99.9997% of votes polled)
  • Votes Against: 700 (0.0003% of votes polled)
  • Scrutinizer Report: 237,522,618 votes in favor (99.99% of total valid votes), 700 votes against (0.0003% of total valid votes)

Scrutinizer Report Details

The scrutinizer, Monica Kanuga (Company Secretary), provided detailed voting breakdowns:

  • E-voting Period: August 21, 2026 (9:00 AM) to August 23, 2026 (5:00 PM)
  • E-voting Provider: Central Depository Services (India) Limited (CDSL)
  • Voting Methodology: Remote e-voting and e-voting at AGM for shareholders who hadn't voted remotely
  • Data Handling: Voting data was unblocked and downloaded in front of two witnesses after AGM conclusion
  • Abstentions/Invalid Votes: Ranged from 51,645 to 51,647 votes across different resolutions due to partial voting

Financial Impact

No financial impact quantified in the disclosure. The filing represents a correction to regulatory compliance documentation without affecting the substantive outcomes of the AGM resolutions.