Meeting Details

The 36th Annual General Meeting of Dynemic Products Limited was held on Monday, 28th September 2026 at 3.00 P.M. The meeting was conducted entirely through Video Conferencing / Other Audio Visual Means (VC/OAVM).

Summary of Resolutions and Implications

Five ordinary resolutions were put to vote:

1. Receipt, consideration, and adoption of the audited financial statements for FY ended March 31, 2026, along with reports of Board of Directors and Auditors (both standalone and consolidated).

2. Declaration of dividend of ₹1.50 per equity share (15%) for the year ended March 31, 2026.

3. Re-appointment of Shri Rameshbhai B. Patel (DIN: 00037568) as a director liable to retire by rotation.

4. Ratification of payment of remuneration to the Cost Auditors for FY 2026-27.

5. Approval of a Related Party Transaction.

All resolutions were passed with overwhelming majority support.

Voting Process and Methods

The voting process utilized electronic systems provided by Central Depository Services (India) Limited (CDSL).

  • Remote e-voting period: Thursday, 24th September 2026 (9:00 AM) to Sunday, 27th September 2026 (5:00 PM)
  • Cut-off date for determining voting eligibility: 21st September 2026
  • Votes were unblocked on 28th September 2026 in the presence of two independent witnesses: Mrs. Drasti Patel and Mrs. Diya Patel (both not employed by the company)
  • Shareholders present at the AGM through VC who had not voted remotely were allowed to vote during the meeting using CDSL's e-voting facility

Key Voting Outcomes

Overall Participation:

  • Total valid votes cast across all resolutions: Approximately 3.81 million shares
  • Invalid votes: Zero across all resolutions

Resolution-wise Results:

Item 1: Adoption of Financial Statements

  • Votes in favor: 3,811,096 (99.91%)
  • Votes against: 3,503 (0.09%)
  • Members voted: 55

Item 2: Dividend Declaration

  • Votes in favor: 3,811,096 (99.91%)
  • Votes against: 3,503 (0.09%)
  • Members voted: 55

Item 3: Director Re-appointment

  • Votes in favor: 2,638,293 (99.87%)
  • Votes against: 3,504 (0.13%)
  • Members voted: 45

Item 4: Cost Auditor Remuneration

  • Votes in favor: 3,811,030 (99.91%)
  • Votes against: 3,569 (0.09%)
  • Members voted: 53

Item 5: Related Party Transaction

  • Votes in favor: 1,582,188 (99.74%)
  • Votes against: 4,106 (0.26%)
  • Members voted: 44

Remote vs. AGM Voting Breakdown:

Detailed breakdown shows majority voting occurred during remote e-voting period, with minimal additional voting during the AGM itself.

Scrutinizer's Role and Findings

B. K. Patel of M/s B. K. Patel & Co., Chartered Accountants (FRN: 112647W) was appointed as Scrutinizer. His responsibility was limited to reporting votes cast for/against resolutions based on reports generated from CDSL's e-voting system. The scrutinizer confirmed that the voting process was conducted properly and the results were accurately compiled from the electronic voting system.

Compliance Confirmation

The report confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Relevant circulars issued by MCA and SEBI
  • Regulations governing AGM conduct through VC/OAVM
  • Electronic voting procedures