Meeting Details

  • Date and Time: The AGM was held on Wednesday, September 30, 2026, from 3:00 PM to 3:35 PM IST.
  • Location and Type: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM), with no physical attendance.
  • Record Date: September 25, 2026.
  • Total Shareholders on Record Date: 15,216 equity shareholders.
  • Attendance:
  • 1 promoter shareholder attended via VC.
  • 57 public shareholders attended via VC.
  • No shareholders were present in person or through proxy.

Resolutions and Implications

Three resolutions were proposed and approved:

1. Ordinary Business: Adoption of the annual audited financial statements and reports thereon.

2. Ordinary Business: Re-appointment of Mr. Tiruvanamalai Chandrashekaran Guruprasad (DIN: 03413982) as a director, who retired by rotation and offered himself for re-appointment.

3. Special Business: Re-appointment of Mr. Hariprasad Meenoth Panichikkil (DIN: 09473253) as Whole-Time Director of the company.

All resolutions were passed with requisite majority, indicating shareholder approval for financial reporting and leadership continuity.

Voting Process

  • Remote E-Voting: Conducted by National Securities Depository Limited (NSDL) from September 27, 2026 (9:00 AM IST) to September 29, 2026 (5:00 PM IST).
  • E-Voting at AGM: Facility provided for shareholders who did not vote during the remote e-voting period.
  • Publication: Notice of e-voting was published in Pratahkal (Hindi Daily) and Financial Express (English Daily) on September 5, 2026.
  • Vote Unblocking: Votes were unblocked on October 1, 2026, in the presence of witnesses Mr. Manoranjan Das and Mr. Nandlal, who are not employees of the company.

Key Voting Outcomes

  • Total Votes Cast: 182,790,506 shares, representing 74.5269% of the total outstanding shares (245,267,775 shares).
  • Resolution-wise Results:
  • Resolution 1 (Adoption of Financial Statements):
  • Votes in favor: 182,788,225 (99.9988% of votes cast)
  • Votes against: 2,281 (0.0012% of votes cast)
  • Invalid votes: 0
  • Resolution 2 (Re-appointment of Mr. Tiruvanamalai Chandrashekaran Guruprasad):
  • Votes in favor: 182,788,225 (99.9988% of votes cast)
  • Votes against: 2,281 (0.0012% of votes cast)
  • Invalid votes: 0
  • Resolution 3 (Re-appointment of Mr. Hariprasad Meenoth Panichikkil):
  • Votes in favor: 182,788,225 (99.9988% of votes cast)
  • Votes against: 2,281 (0.0012% of votes cast)
  • Invalid votes: 0
  • Shareholder Category Breakdown:
  • Promoters and Promoter Group: Held 150,396,300 shares; voted 150,396,300 shares (100% of held shares) entirely in favor for all resolutions.
  • Public Institutions: Held 0 shares; no votes cast.
  • Public Non-Institutions: Held 94,871,475 shares; voted 32,394,206 shares (34.1454% of held shares), with 32,391,925 in favor (99.993%) and 2,281 against (0.007%) for all resolutions.
  • No Invalid Votes: Across all categories and resolutions.

Scrutinizer's Role and Findings

  • Scrutinizer: CS Rahul Khadriya, Managing Partner of SRC & Co, Company Secretaries, was appointed by the Board of Directors on August 31, 2026.
  • Role: To scrutinize the remote e-voting and e-voting at the AGM, ensuring a fair and transparent process in compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.
  • Findings: The scrutinizer confirmed that all resolutions were passed with requisite majority based on reports from NSDL's e-voting platform. The consolidated report was submitted on October 1, 2026.
  • Witnesses: Vote unblocking was witnessed by Mr. Manoranjan Das and Mr. Nandlal, who signed in confirmation.

Compliance with Laws and Regulations

  • The AGM and voting process were conducted in accordance with the Companies Act, 2013, SEBI LODR Regulations, 2015, and relevant circulars.
  • The disclosure affirms compliance with all applicable legal and regulatory requirements.

Additional Information

  • The company's registered office is at 8th Floor, Manek Plaza, Kalina CST Road, Kolekalyan, Santacruz (E), Mumbai 400098.
  • The scrutinizer's firm details: SRC & Co, Company Secretaries, FRN: P2022UP090100, with office at 302, T-2, NRI Residency, Sector-45, Noida, Uttar Pradesh, 201303.