Meeting Details

The 30th Annual General Meeting was held on Wednesday, September 30, 2026, at 12:30 PM IST at Gateway Aurangabad (Vivanta by Taj), 8-N-12, CIDCO, Dr. Rafiq Zakaria Marg, Rauza Bagh, Chh. Sambhajinagar – 431003, Maharashtra. The meeting was conducted in physical mode.

Proposed Resolutions and Implications

Six ordinary resolutions were proposed and transacted at the AGM:

1. Adoption of Financial Statements: Adoption of the Audited Standalone Financial Statements and Audited Consolidated Financial Statements as at March 31, 2026.

2. Director Re-appointment: Re-appointment of Mrs. Supriya Shrikant Badve (DIN: 00366164) as director who retires by rotation.

3. Dividend Declaration: Declaration of final dividend.

4. Auditor Appointment: Appointment of M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi & Co. as Joint Statutory Auditors of the Company.

5. Cost Auditor Remuneration: Ratification of remuneration to the Cost Auditor for financial year 2026-27.

6. Share Capital Increase: Increase in authorized share capital of the Company and consequent alteration of capital clause of Memorandum of Association.

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Facility remained open from Sunday, September 27, 2026, at 9:00 AM IST to Tuesday, September 29, 2026, at 5:00 PM IST through MUFG Intime India Private Limited's platform.
  • Physical polling: E-voting conducted at the AGM venue using Instavote e-voting platform provided by MUFG Intime.

The cut-off date for determining members entitled to vote was Wednesday, September 23, 2026.

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 967,151,919
  • Total votes polled: 808,347,714 (83.5802% participation)
  • Invalid votes: 1,243,378

Resolution-wise Results:

Resolution 1: Adoption of Financial Statements

  • Votes in favor: 808,347,307 (99.9999% of valid votes)
  • Votes against: 407 (0.0001% of valid votes)
  • Invalid votes: 1,243,378

Resolution 2: Re-appointment of Director

  • Votes in favor: 803,010,607 (99.3398% of valid votes)
  • Votes against: 5,337,107 (0.6602% of valid votes)
  • Invalid votes: 1,243,378

Resolution 3: Dividend Declaration

  • Votes in favor: 808,347,249 (99.9999% of valid votes)
  • Votes against: 465 (0.0001% of valid votes)
  • Invalid votes: 1,243,378

Resolution 4: Auditor Appointment

  • Votes in favor: 808,347,307 (99.9999% of valid votes)
  • Votes against: 407 (0.0001% of valid votes)
  • Invalid votes: 1,243,378

Resolution 5: Cost Auditor Remuneration

  • Votes in favor: 808,342,794 (99.9994% of valid votes)
  • Votes against: 4,920 (0.0006% of valid votes)
  • Invalid votes: 1,243,378

Resolution 6: Share Capital Increase

  • Votes in favor: 808,347,249 (99.9999% of valid votes)
  • Votes against: 465 (0.0001% of valid votes)
  • Invalid votes: 1,243,378

Category-wise Voting Breakdown:

Promoter and Promoter Group (591,383,264 shares)

  • 100% participation across all resolutions
  • 100% votes in favor for all resolutions

Public Institutions (244,295,109 shares)

  • 88.8041% participation (216,944,094 votes)
  • 100% votes in favor for most resolutions, except Resolution 2 (97.5402% in favor)
  • 1,243,378 invalid votes across resolutions

Public Non-Institutions (131,473,546 shares)

  • Minimal participation (0.0155% or 20,356 votes)
  • Mixed voting patterns with some opposition on certain resolutions

Scrutinizer's Role and Findings

Makarand Lele, Partner of Makarand Lele & Co., Practicing Company Secretaries (Membership No.: FCS 3453, Certificate of Practice No.: 2074) was appointed as Scrutinizer by the Board of Directors vide resolution passed on August 14, 2026. His responsibilities included:

  • Scrutinizing remote e-voting and e-voting at the AGM venue
  • Ensuring fair and transparent voting process
  • Ascertaining requisite majority for passing resolutions
  • Preparing consolidated scrutinizer's report

The scrutinizer unblocked the remote e-voting results after conclusion of AGM voting in the presence of two witnesses: Ms. Mansi Chandak and Ms. Aishwarya Magdum.

Compliance with Laws and Regulations

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Applicable MCA circulars relating to remote e-voting

Additional Information

  • The company's CIN is L73100MH1996PLC102827
  • The notice of AGM was dispatched to members through email on September 8, 2026
  • Advertisement of notice was published in newspaper on September 9, 2026
  • The submission is available on the Company's website under 'Investor Relations' at https://belriseindustries.com/