Date: 29th August, 2026
KMP / Board Changes
- Mr. Ajay Krishan Bhatnagar (DIN: 02922422) appointed as Non-Executive Independent Director
- Mr. Radhakrishnan Nair Bhaskaran Pillai (DIN: 10521532) appointed as Non-Executive Independent Director
- Both appointments were approved via Special Resolutions with near-unanimous shareholder support (99.9998% votes in favor)
Board Meeting Outcomes
The 104th Annual General Meeting held on Saturday, 29th August, 2026 approved all four resolutions:
1. Adoption of Audited Standalone and Consolidated Financial Statements for FY ended 31st March, 2026
2. Appointment of Mr. Ajay Bhatnagar as Non-Executive Independent Director
3. Appointment of Mr. Radhakrishnan Pillai as Non-Executive Independent Director
4. Approval of payment to Cost Auditor
Voting Results Details
Record Date: 22nd August, 2026
Total Shareholders on Record Date: 43,435
Shareholders Present/Proxy: 4 public shareholders
Shareholders via Video Conferencing: 4 promoters + 38 public = 42 total
Resolution 1 - Adoption of Financial Statements:
- Votes in favor: 39,639,335 (99.6496%)
- Votes against: 139,367 (0.3504%)
- Total votes cast: 39,778,702
- 57 shareholders voted in favor, 5 against
Resolution 2 - Appointment of Mr. Ajay Bhatnagar:
- Votes in favor: 39,778,637 (99.9998%)
- Votes against: 65 (0.0002%)
- Invalid votes: 2
- 58 shareholders voted in favor, 4 against
Resolution 3 - Appointment of Mr. Radhakrishnan Pillai:
- Votes in favor: 39,778,637 (99.9998%)
- Votes against: 65 (0.0002%)
- 58 shareholders voted in favor, 4 against
Resolution 4 - Payment to Cost Auditor:
- Votes in favor: 39,778,677 (99.9999%)
- Votes against: 25 (0.0001%)
- 59 shareholders voted in favor, 3 against
Scrutinizer Details
Name: Mitesh Shah
Firm: M/s Mitesh Shah and Associates
Qualification: Company Secretary
Membership Number: 10070
Appointment Date: 30th July, 2026 (Board Meeting)
Report Date: 29th August, 2026
Meeting Logistics
Date: Saturday, 29th August, 2026
Time: 2:30 PM to 3:30 PM (1 hour duration)
Mode: Video Conferencing/Other Audio-Visual Means
Venue: Virtual meeting conducted remotely