Meeting Details

  • Date of Meeting: Wednesday, 30th September, 2026
  • Type of Meeting: 21st Annual General Meeting
  • Location: Registered office of the company at Village Nandpur, Lodhimajra Road, Baddi, Distt Solan, H.P.
  • Meeting Concluded: 11:30 A.M.
  • Cut-off Date: 23rd September, 2026
  • Total Shareholders: 10,315 as on cut-off date

Shareholder Participation

  • Physical Attendance: 5 Promoters/Promoter Group members and 31 Public shareholders present
  • Video Conferencing: No shareholders attended through video conferencing
  • Total Shares Outstanding: 6,075,165

Proposed Resolutions and Implications

Six resolutions were proposed and approved:

1. Adoption of Financial Statements (Ordinary Resolution)

  • Audited Standalone Financial Statements for FY ended March 31, 2026 with Board of Directors and Auditors reports
  • Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditors report

2. Re-appointment of Director (Ordinary Resolution)

  • Mr. Ajay Mahipal (DIN: 06949940) who retires by rotation

3. Re-appointment of Director (Ordinary Resolution)

  • Mr. Ashutosh Shukla (DIN: 09461568) who retires by rotation

4. Re-appointment of Statutory Auditors (Ordinary Resolution)

  • From conclusion of this AGM until conclusion of 23rd AGM
  • Fixing of their remuneration

5. Ratification of Cost Auditor Remuneration (Ordinary Resolution)

  • For financial year 2026-27 pursuant to Section 148 of Companies Act, 2013

6. Re-appointment and Remuneration Revision (Special Resolution)

  • Mr. Ashutosh Shukla (DIN: 09461568) as Whole-time Director from 20th January 2027 to 19th January 2032
  • Revision of remuneration payable

Voting Process and Methods

  • Remote E-voting Period: 26th September, 2026 to 29th September, 2026
  • Voting Platform: https://instavote.linkintime.co.in
  • Physical Voting: Ballot paper voting available at meeting for members who did not participate in e-voting
  • Legal Basis: Section 108 of Companies Act, 2013 read with Rule 20 of The Companies (Management & Administration) Rules, 2014

Key Voting Outcomes

All resolutions passed unanimously with 100% votes in favor across all shareholder categories:

Resolution 1: Adoption of Financial Statements

  • Total Votes Cast: 6,075,165 (100% of outstanding shares)
  • Promoter & Promoter Group: 5,686,507 votes (100% in favor)
  • Public Institutions: 237,035 votes (100% in favor)
  • Public Non-Institutions: 151,623 votes (100% in favor)

Resolution 2: Re-appointment of Mr. Ajay Mahipal

  • Total Votes Cast: 6,075,165 (100% of outstanding shares)
  • Promoter & Promoter Group: 5,686,507 votes (100% in favor)
  • Public Institutions: 237,035 votes (100% in favor)
  • Public Non-Institutions: 151,623 votes (100% in favor)

Resolution 3: Re-appointment of Mr. Ashutosh Shukla

  • Total Votes Cast: 6,075,165 (100% of outstanding shares)
  • Promoter & Promoter Group: 5,686,507 votes (100% in favor)
  • Public Institutions: 237,035 votes (100% in favor)
  • Public Non-Institutions: 151,623 votes (100% in favor)

Resolution 4: Re-appointment of Statutory Auditors

  • Total Votes Cast: 6,075,165 (100% of outstanding shares)
  • Promoter & Promoter Group: 5,686,507 votes (100% in favor)
  • Public Institutions: 237,035 votes (100% in favor)
  • Public Non-Institutions: 151,623 votes (100% in favor)

Resolution 5: Ratification of Cost Auditor Remuneration

  • Total Votes Cast: 6,075,165 (100% of outstanding shares)
  • Promoter & Promoter Group: 5,686,507 votes (100% in favor)
  • Public Institutions: 237,035 votes (100% in favor)
  • Public Non-Institutions: 151,623 votes (100% in favor)

Resolution 6: Re-appointment and Remuneration Revision (Special Resolution)

  • Total Votes Cast: 6,075,165 (100% of outstanding shares)
  • Promoter & Promoter Group: 5,686,507 votes (100% in favor)
  • Public Institutions: 237,035 votes (100% in favor)
  • Public Non-Institutions: 151,623 votes (100% in favor)

Scrutinizer's Role and Findings

  • Scrutinizer: Dinesh Bhandari, Practising Company Secretary
  • Findings: No electronic votes found invalid. All resolutions passed with 100% approval.
  • Vote Distribution:
  • E-voting: 5,923,249 votes (97.50%)
  • Physical ballot: 151,916 votes (2.50%)
  • Total members voting: 47
  • Records Handling: All voting records including ballot papers and e-voting report were sealed and handed over to Mr. Rahul Batra, Managing Director for safe keeping

Compliance Confirmation

The company confirmed compliance with:

  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of Companies Act, 2013
  • Rule 20 of The Companies (Management & Administration) Rules, 2014
  • Notice dispatched to shareholders on 5th September, 2026
  • Public notice published in Business Standard, Chandigarh Edition (English and Hindi) on 7th September, 2026