Meeting Details

  • Type of Meeting: 19th Annual General Meeting (AGM)
  • Date: Wednesday, 30th September 2026
  • Duration: Commenced at 15:00 IST and concluded at 15:35 IST (35 minutes duration)
  • Mode: Conducted through Video Conferencing
  • Record Date: 23rd September 2026

Proposed Resolutions and Implications

The AGM considered five ordinary resolutions:

Resolution 1: Adoption of financial statements for the year ended March 31, 2026 and reports of the Board of Directors and Auditors

Resolution 2: Re-appointment of Mr. Arpit J. Vyas (DIN: 01540057) as Director who retires by rotation

Resolution 3: Re-appointment of M/s. T R Chadha & Co. LLP, Chartered Accountants as Statutory Auditors for a second term of five consecutive years from Financial Years 2026-27 to 2030-31 and fixing their remuneration

Resolution 4: Appointment of Mr. Arpit J. Vyas as Whole-time Director designated as "Director - Operations" for a period of three years with effect from 1st April 2026 to 31st March 2029

Resolution 5: Payment of remuneration to Directors (including Independent Directors) for the financial year 2026-2027 to 2028-2029

The promoters/promoter group were not interested in any of the agenda items/resolutions.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting (primary method)
  • No physical polling or postal ballot was conducted
  • The company submitted e-Voting results in XBRL mode at BSE Listing Centre and NEAPS

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 50,113
  • Shareholders attended through video conferencing: 58 (5 Promoters/Promoter Group + 53 Public)
  • No shareholders present in person or through proxy
  • Total number of outstanding shares: 156,783,095
  • Total votes polled: 106,182,046 shares (67.7254% of outstanding shares)

Resolution-wise Results

Resolution 1: Adoption of Financial Statements

  • Total votes in favor: 106,119,651 (99.9945% of votes polled)
  • Votes against: 5,806 (0.0055% of votes polled)
  • Passed: Yes

Resolution 2: Re-appointment of Director Mr. Arpit J. Vyas

  • Total votes in favor: 106,175,535 (99.9939% of votes polled)
  • Votes against: 6,511 (0.0061% of votes polled)
  • Passed: Yes

Resolution 3: Re-appointment of Statutory Auditors

  • Total votes in favor: 106,123,502 (99.9449% of votes polled)
  • Votes against: 58,544 (0.0551% of votes polled)
  • Passed: Yes

Resolution 4: Appointment as Whole-time Director

  • Total votes in favor: 102,284,158 (99.9925% of votes polled)
  • Votes against: 7,678 (0.0075% of votes polled)
  • Passed: Yes

Resolution 5: Payment of Director Remuneration

  • Total votes in favor: 102,284,158 (99.9925% of votes polled)
  • Votes against: 7,678 (0.0075% of votes polled)
  • Passed: Yes

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares held: 93,007,442
  • Votes polled: 93,002,442 (99.9946% participation)
  • Unanimous support for all resolutions (100% in favor)

Public Institutions

  • Shares held: 13,476,259
  • Votes polled: 11,911,560 (88.3892% participation)
  • Nearly unanimous support across resolutions (99.56-100% in favor)

Public Non-Institutions

  • Shares held: 50,299,394
  • Votes polled: 1,268,044 (2.521% participation)
  • Strong support with minor opposition (99.39-99.54% in favor)

Scrutinizer's Role and Findings

  • Name: Ashok P. Pathak
  • Firm: Ashok P. Pathak & Co.
  • Qualification: Company Secretary (Membership No. 9939)
  • Appointment Date: 19th May 2026 (via Board Meeting)
  • Report Issuance Date: 30th September 2026
  • The scrutinizer certified the voting results and confirmed compliance with applicable procedures

Compliance with Regulations

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Relevant provisions of the Companies Act, 2013
  • The voting process adhered to all regulatory requirements

Additional Information

  • One shareholder holding 56,589 equity shares did not vote in favor or against in remote e-voting for Resolution 1
  • Nine shareholders holding 3,890,210 equity shares did not vote in favor or against in remote e-voting for Resolution 5
  • No invalid votes were recorded across any shareholder category