Meeting Details

  • Type of Meeting: Annual General Meeting
  • Date and Time: 30th September, 2026 at 04:00 P.M.
  • Mode/Venue: Video Conferencing and Other Audio-Visual Means
  • Total Members attended AGM: 33
  • Total Number of Shareholders as on Record Date: 39,811
  • Shareholders Present through Video Conferencing: 33 Public shareholders (0 Promoters)

Proposed Resolutions and Implications

Two ordinary resolutions were proposed:

1. Resolution 1: To receive, consider and adopt the Audited Financial Statements for the year ended 31st March, 2026 along with notes thereon as on that date and the Reports of Board of Directors and Auditors thereon.

2. Resolution 2: Appointment of Statutory Auditor to fill Casual Vacancy.

Neither resolution had promoters/promoter group interested in the agenda.

Voting Process and Methods

  • Remote e-voting period: Sunday, 27th September, 2026 (from 09:00 A.M. IST) to Tuesday, 29th September, 2026 (till 05:00 P.M. IST)
  • E-voting service provider: MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
  • Cut-off date for voting rights: Wednesday, 23rd September, 2026
  • Voting methods: Remote e-voting and e-voting during AGM
  • Scrutinizer: M/s. HD and Associates, Practicing Company Secretaries (Hardik Darji, Proprietor)

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

Equity Shareholders (31,366,175 shares outstanding):

  • Total votes polled: 14,614,634 (46.5936% of outstanding shares)
  • Votes in favor: 14,614,494 (99.9990% of votes polled)
  • Votes against: 140 (0.0010% of votes polled)

Category-wise Equity Voting:

  • Promoter and Promoter Group (16,084,089 shares): 14,604,699 votes polled (90.8022% of category), 100% in favor
  • Public Institutions (542,845 shares): 0 votes polled
  • Public Non-Institutions (14,739,241 shares): 9,935 votes polled (0.0674% of category), 9,795 in favor (98.5908%), 140 against (1.4092%)

Preference Shareholders (Triton Trading Company Private Limited - 12,298,000 shares):

  • Total votes polled: 12,298,000 (100% of outstanding shares)
  • Votes in favor: 12,298,000 (100% of votes polled)
  • Votes against: 0 (0% of votes polled)

Resolution 2: Appointment of Statutory Auditor

Equity Shareholders (31,366,175 shares outstanding):

  • Total votes polled: 14,614,634 (46.5936% of outstanding shares)
  • Votes in favor: 14,614,494 (99.9990% of votes polled)
  • Votes against: 140 (0.0010% of votes polled)

Category-wise Equity Voting:

  • Promoter and Promoter Group (16,084,089 shares): 14,604,699 votes polled (90.8022% of category), 100% in favor
  • Public Institutions (542,845 shares): 0 votes polled
  • Public Non-Institutions (14,739,241 shares): 9,935 votes polled (0.0674% of category), 9,795 in favor (98.5908%), 140 against (1.4092%)

Preference Shareholders (Triton Trading Company Private Limited - 12,298,000 shares):

  • Total votes polled: 12,298,000 (100% of outstanding shares)
  • Votes in favor: 12,298,000 (100% of votes polled)
  • Votes against: 0 (0% of votes polled)

Both resolutions were passed with requisite majority.

Scrutinizer's Role and Findings

  • Hardik Darji of HD and Associates was appointed scrutinizer
  • Scrutinized remote e-voting process and e-voting during AGM
  • Votes were unblocked and counted after conclusion of voting at AGM in presence of two witnesses (Shubh Patel and Pooja Parmar)
  • Confirmed voting was conducted in compliance with Companies Act, 2013 and SEBI LODR Regulations
  • All relevant records will remain in scrutinizer's safe custody until Chairman approves and signs minutes

Compliance Confirmation

  • Compliance with Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014
  • Compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Meeting conducted pursuant to MCA General Circular Nos. 14/2020, 17/2020, 20/2020, and latest being General Circular No. 03/2025 dated September 22, 2025

Additional Information

  • Company CIN: L24117WB1962PLC025584
  • Corporate Office: Mercantile Chambers, 12, J. N. Heredia Marg, Ballard Estate, Mumbai 400 001, India
  • Preference shareholder voting rights invoked under Section 47(2) of Companies Act, 2013 due to non-payment of Dividend
  • Preference shares: 12,298,000-0.01% Non-Cumulative Redeemable Preference Shares valued at Rs. 100 per share, each fully paid up