Meeting Details

  • Type of Meeting: 38th Annual General Meeting (AGM)
  • Date of Meeting: September 22, 2026
  • Time of Meeting: 11:00 AM to 11:55 AM IST
  • Mode of Meeting: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Record Date: September 15, 2026
  • Total Shareholders on Record Date: 39,399

Proposed Resolutions and Implications

Four resolutions were considered and approved:

Resolution 1 (Ordinary): To receive, consider and adopt:

a. The Audited Standalone Financial Statements for the financial year ended March 31, 2026 along with the Board of Directors' and Auditors' Report thereon

b. The Audited Consolidated Financial Statements for the financial year ended March 31, 2026 and the Auditors' Report thereon

Resolution 2 (Ordinary): To consider and appoint a Director in place of Mr. Dilip Kumar Modi (DIN: 00029062), Non-Executive Director who retires by rotation

Resolution 3 (Ordinary): To consider and approve the appointment of Mr. Pankaj Arora (DIN: 11847526) as a Whole-time Director of the Company

Resolution 4 (Special): To consider and approve one time ex-gratia payment to Mr. Rohit Ahuja (DIN: 00065417)

Voting Process and Methods

  • Remote e-voting period: September 18, 2026 (9:00 AM IST) to September 21, 2026 (5:00 PM IST) via NSDL platform (www.evoting.nsdl.com)
  • E-voting during AGM: Available for members attending through VC/OAVM who hadn't voted remotely
  • Scrutinizer: Kapil Dev Taneja (FCS No. 4019) of M/s Sanjay Grover & Associates, Company Secretaries
  • Scrutinizer Appointment Date: August 5, 2026
  • Scrutinizer Report Date: September 22, 2026

Key Voting Outcomes

Overall Participation

  • Total Paid-up Equity Share Capital: INR 70,40,13,318
  • Total Outstanding Shares: 23,46,71,106 equity shares of INR 3 each
  • Total Votes Cast: 170,504,821 shares (72.6569% of outstanding shares)
  • Shareholder Attendance: 433 shareholders attended via video conferencing (2 promoters, 431 public)

Resolution-wise Results

Resolution 1 - Adoption of Financial Statements

  • Total Votes Polled: 170,504,821 shares
  • In Favor: 170,504,745 shares (100% of votes polled)
  • Against: 76 shares (0% of votes polled)
  • Result: Passed

Resolution 2 - Reappointment of Dilip Kumar Modi

  • Total Votes Polled: 170,504,821 shares
  • In Favor: 170,503,636 shares (99.9993% of votes polled)
  • Against: 1,185 shares (0.0007% of votes polled)
  • Result: Passed

Resolution 3 - Appointment of Pankaj Arora

  • Total Votes Polled: 170,504,821 shares
  • In Favor: 170,504,636 shares (99.9999% of votes polled)
  • Against: 185 shares (0.0001% of votes polled)
  • Result: Passed

Resolution 4 - Ex-gratia Payment to Rohit Ahuja

  • Total Votes Polled: 170,504,821 shares
  • In Favor: 170,503,636 shares (99.9993% of votes polled)
  • Against: 1,185 shares (0.0007% of votes polled)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares Held: 170,460,115
  • Votes Polled: 170,459,965 (99.9999% of shares held)
  • Voting Method: Entirely through e-voting (no physical poll or postal ballot)
  • All resolutions received 100% favorable votes from promoters

Public Institutions

  • Shares Held: 1,070
  • Votes Polled: 0 (0% of shares held)
  • No participation in voting

Public Non-Institutions

  • Shares Held: 64,209,921
  • Votes Polled: 44,856 (0.0699% of shares held)
  • Voting Method: Entirely through e-voting
  • Showed some dissent on Resolutions 2, 3, and 4

Scrutinizer's Role and Findings

Kapil Dev Taneja was appointed scrutinizer to oversee the voting process. Key findings:

  • Voting data was unblocked on September 22, 2026 at 12:20 PM in presence of two witnesses (Mr. Harshit Gupta and Mr. Anshuman Jha)
  • Data was reconciled with records maintained by MAS Services Limited (RTA)
  • Detailed registers were maintained containing summary of results
  • No invalid votes were recorded across all shareholder categories
  • The scrutinizer confirmed all resolutions passed with requisite majority

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • MCA Circulars: 03/2025, 20/2020, 17/2020, and 14/2020
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Newspaper advertisements were published in The Financial Express (English) and Jansatta (Hindi) on August 19, 2026 and August 28, 2026