Meeting Details

  • Type of Meeting: 33rd Annual General Meeting (AGM)
  • Date: Monday, September 21, 2026
  • Time: 3:00 PM to 3:34 PM IST
  • Mode: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Record Date: September 14, 2026
  • Total Shareholders on Record Date: 41,967

Shareholder Participation

  • Promoters and Promoter Group attended through VC: 7
  • Public shareholders attended through VC: 42
  • No shareholders attended in person or through proxy

Proposed Resolutions and Voting Outcomes

Six resolutions were proposed and all were approved with requisite majority:

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

  • Description: Consider and adopt the Audited Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors
  • Total Votes Polled: 20,390,550 (60.5687% of outstanding shares)
  • Votes in Favor: 20,390,539 (99.9999%)
  • Votes Against: 11 (0.0001%)
  • Result: Passed

Resolution 2: Ordinary Resolution - Final Dividend Declaration

  • Description: Declaration of Final Dividend of Rs. 1.50 per equity share for FY ended March 31, 2026
  • Total Votes Polled: 20,390,550 (60.5687% of outstanding shares)
  • Votes in Favor: 20,390,539 (99.9999%)
  • Votes Against: 11 (0.0001%)
  • Result: Passed

Resolution 3: Ordinary Resolution - Director Re-appointment

  • Description: Appoint Mr. Pakshal Anil Jain (DIN: 08776385) who retires by rotation
  • Total Votes Polled: 20,390,550 (60.5687% of outstanding shares)
  • Votes in Favor: 19,821,618 (97.2098%)
  • Votes Against: 568,932 (2.7902%)
  • Result: Passed

Resolution 4: Special Resolution - Director Continuation

  • Description: Continuation of Mr. Gopalakrishnan Kesavan (DIN: 02105656) as Non-Executive Independent Director upon attaining 75 years
  • Total Votes Polled: 20,390,550 (60.5687% of outstanding shares)
  • Votes in Favor: 20,390,536 (99.9999%)
  • Votes Against: 14 (0.0001%)
  • Result: Passed

Resolution 5: Special Resolution - Director Remuneration

  • Description: Remuneration payable to Mr. Sandeep Shah (DIN: 06402659), Non-Executive Non-Independent Director for FY 2026-27
  • Total Votes Polled: 20,390,550 (60.5687% of outstanding shares)
  • Votes in Favor: 20,390,539 (99.9999%)
  • Votes Against: 11 (0.0001%)
  • Result: Passed

Resolution 6: Ordinary Resolution - Cost Auditor Remuneration

  • Description: Ratification of remuneration payable to Cost Auditor for FY 2026-27
  • Total Votes Polled: 20,390,550 (60.5687% of outstanding shares)
  • Votes in Favor: 20,390,539 (99.9999%)
  • Votes Against: 11 (0.0001%)
  • Result: Passed

Voting Process and Methods

  • Remote e-Voting Period: September 17, 2026 (9:00 AM) to September 20, 2026 (5:00 PM)
  • e-Voting at AGM: Provided for shareholders present through VC/OAVM who hadn't voted earlier
  • Voting Agency: National Securities Depository Limited (NSDL)
  • Voting Platform: https://www.evoting.nsdl.com
  • Scrutinizer: Mr. Haresh Sanghvi, Practicing Company Secretary (Membership No. 2259)
  • Scrutinizer Appointment Date: July 20, 2026
  • Report Issuance Date: September 21, 2026

Scrutinizer's Role and Findings

Mr. Haresh Sanghvi was appointed to scrutinize both remote e-voting and e-voting at the AGM. His responsibilities included ensuring fair and transparent voting processes and presenting consolidated results based on reports generated from NSDL's e-voting system. The scrutinizer confirmed that the cut-off date for determining voting rights was September 14, 2026, and voting rights were proportional to shareholding as of that date.

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and rules framed thereunder
  • MCA Circulars dated May 5, 2020, and subsequent circulars
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024