Gujarat Craft Industries Limited held its 42nd Annual General Meeting (AGM) on Wednesday, 23rd September, 2026 at 1:00 PM IST through Video Conferencing/Other Audio Visual Means without physical presence of shareholders. The meeting was conducted in compliance with Ministry of Corporate Affairs Circular No. 03/2025 dated 22nd September, 2025 and other relevant circulars.

The company provided remote e-voting facility from 20th September, 2026 (9:00 AM) to 22nd September, 2026 (5:00 PM) and e-voting facility during the AGM for shareholders who had not voted remotely. The cut-off date for determining voting eligibility was 16th September, 2026.

Mr. Kashyap R. Mehta (Membership No. FCS 1821) and failing him, Mr. Yash K. Mehta (Membership No. ACS 43020), Partners of M/s. Kashyap R. Mehta & Partners, Ahmedabad were appointed as Scrutineers. They submitted their report on 23rd September, 2026.

Voting Results

All four resolutions contained in the AGM notice dated 29th July, 2026 were passed with the following results:

Resolution 1: Adoption of Audited Financial Statements for year ended 31st March, 2026, including reports of Board of Directors and Auditors

  • Shares in favor: 3,641,854 (100.00%)
  • Shares against: 16 (0.00%)
  • Passed as: Ordinary Resolution

Resolution 2: Declaration of final dividend of ₹0.50 per Equity Share

  • Shares in favor: 3,641,854 (100.00%)
  • Shares against: 16 (0.00%)
  • Passed as: Ordinary Resolution

Resolution 3: Appointment of Mr. Rishab Chhajer (DIN: 05184646) who retires by rotation under Section 152(6) of Companies Act, 2013

  • Shares in favor: 3,641,854 (100.00%)
  • Shares against: 16 (0.00%)
  • Passed as: Ordinary Resolution

Resolution 4: Appointment of M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for five consecutive years

  • Shares in favor: 3,641,854 (100.00%)
  • Shares against: 16 (0.00%)
  • Passed as: Ordinary Resolution

Shareholding and Participation Details

  • Total number of shareholders on cut-off date: 5,667
  • Total outstanding shares: 4,888,300
  • Total votes polled: 3,641,870 shares (74.50% participation)
  • Shareholders attending meeting through VC/OAVM: 42 (6 Promoter & Promoter Group, 36 Public)

Category-wise Voting Breakdown

Promoter & Promoter Group (3,608,990 shares)

  • E-voting: 3,608,990 shares voted (100.00% in favor, 0.00% against)
  • Total participation: 100.00%

Public Institutions (5,880 shares)

  • No votes polled (0.00% participation)

Public Non-Institutions (1,273,430 shares)

  • E-voting: 32,880 shares voted (32,864 in favor, 16 against)
  • Participation: 2.58%
  • In favor: 99.95%
  • Against: 0.05%

The scrutineer's report was witnessed by Ms. Rajkumari Udhwani and Mr. Qaisar Abbas Bukhari, who are not employees of the company. All voting records and papers were handed over to the Company Secretary for safe keeping.