Voting Results Summary

The 37th AGM was held on 6th August, 2026 through Video Conferencing/Other Audio-Visual Means facility. Total 13 shareholders attended through VC - 3 from Promoters and Promoter Group and 10 from Public category.

Resolution Details

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Total Votes Polled: 16,432,244 shares (53.36% of outstanding)
  • Votes in Favor: 16,403,961 shares (99.83%)
  • Votes Against: 28,283 shares (0.17%)
  • Promoter Voting: 16,180,854 shares voted, 100% in favor
  • Public Institutions: 138,294 shares voted, 100% in favor
  • Public Non-Institutions: 113,096 shares voted, 74.99% in favor, 25.01% against

Resolution 2: Declaration of Dividend

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Total Votes Polled: 16,452,292 shares (53.43% of outstanding)
  • Votes in Favor: 16,424,009 shares (99.83%)
  • Votes Against: 28,283 shares (0.17%)
  • Promoter Voting: 16,180,854 shares voted, 100% in favor
  • Public Institutions: 158,342 shares voted, 100% in favor
  • Public Non-Institutions: 113,096 shares voted, 74.99% in favor, 25.01% against

Resolution 3: Re-appointment of Nikunj Dhanuka

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Total Votes Polled: 16,452,092 shares (53.42% of outstanding)
  • Votes in Favor: 16,416,846 shares (99.79%)
  • Votes Against: 35,246 shares (0.21%)
  • Promoter Voting: 16,180,854 shares voted, 100% in favor
  • Public Institutions: 158,342 shares voted, 95.74% in favor, 4.26% against
  • Public Non-Institutions: 112,896 shares voted, 74.76% in favor, 25.24% against

Resolution 4: Commission to Non-Executive Directors

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Total Votes Polled: 16,452,092 shares (53.42% of outstanding)
  • Votes in Favor: 16,422,026 shares (99.82%)
  • Votes Against: 30,066 shares (0.18%)
  • Promoter Voting: 16,180,854 shares voted, 100% in favor
  • Public Institutions: 158,342 shares voted, 100% in favor
  • Public Non-Institutions: 112,896 shares voted, 73.37% in favor, 26.63% against

Resolution 5: Re-appointment of Sagar Jadhav as Executive Director

  • Type: Special Resolution
  • Promoter Interest: No
  • Total Votes Polled: 16,452,092 shares (53.42% of outstanding)
  • Votes in Favor: 16,282,174 shares (98.97%)
  • Votes Against: 169,918 shares (1.03%)
  • Promoter Voting: 16,180,854 shares voted, 100% in favor
  • Public Institutions: 158,342 shares voted, 10.58% in favor, 89.42% against
  • Public Non-Institutions: 112,896 shares voted, 74.91% in favor, 25.09% against

Resolution 6: Ratification of Cost Auditor Remuneration

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Total Votes Polled: 16,452,092 shares (53.42% of outstanding)
  • Votes in Favor: 16,423,517 shares (99.83%)
  • Votes Against: 28,575 shares (0.17%)
  • Promoter Voting: 16,180,854 shares voted, 100% in favor
  • Public Institutions: 158,342 shares voted, 100% in favor
  • Public Non-Institutions: 112,896 shares voted, 74.69% in favor, 25.31% against

Scrutinizer Details

  • Name: Martinho Ferrao, Company Secretary in Practice
  • Firm: Martinho Ferrao & Associates
  • Appointment Date: 18th May, 2026 by Board of Directors
  • Cut-off Date: 30th July, 2026
  • Voting Period: 3rd August, 2026 (9:00 AM) to 5th August, 2026 (5:00 PM)
  • E-voting Service Provider: National Securities Depository Limited (NSDL)

Shareholding Structure

  • Total Shares: 30,794,850
  • Promoter & Promoter Group: 21,167,142 shares (68.74%)
  • Public Institutions: 1,340,156 shares (4.35%)
  • Public Non-Institutions: 8,287,552 shares (26.91%)