Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 11:00 A.M. to 11:56 A.M. (IST)
  • Location: Conducted through Video Conferencing and other Audio Visual Means
  • Type: 19th Annual General Meeting
  • Cut-off Date: September 21, 2026
  • Total Shareholders: 258,605

Proposed Resolutions and Implications

The AGM considered four resolutions:

1. Ordinary Resolution: Adoption of Audited Standalone and Consolidated Financial Statements as at March 31, 2026, and Reports of the Board's and Auditors

2. Ordinary Resolution: Re-appointment of Mr. Praveen Kumar Tripathi (DIN: 02167497) as Non-Executive, Non-Independent Director liable to retire by rotation

3. Special Resolution: Approval to increase remuneration of Mr. Gurbans Singh (DIN: 06667127), Whole-time Director and Executive Chairman, w.e.f. April 1, 2026

4. Special Resolution: Appointment of Dr. Sushi Singh (DIN: 06561359) as Independent Director for one year w.e.f August 26, 2026

Voting Process and Methods

The Company provided two voting methods:

  • Remote e-voting: Available from September 23, 2026 (10:00 A.M.) to September 27, 2026 (5:00 P.M.) through KFin Technologies Limited
  • Insta Poll e-voting: Conducted during the AGM for shareholders who did not participate in remote e-voting

Key Voting Outcomes

Overall Participation

  • Total shares outstanding: 233,22,04,302
  • Total votes polled: 105,07,96,759 (45.0559% of outstanding shares)

Resolution-wise Results

Agenda Item 1 (Ordinary Resolution - Financial Statements)

  • Total votes in favor: 105,07,45,816 (99.9952%)
  • Total votes against: 50,943 (0.0048%)
  • Category-wise breakdown:
  • Promoter & Promoter Group: 76,66,36,064 votes (100% in favor)
  • Public Institutions: 10,75,25,582 votes (100% in favor)
  • Public Non-Institutions: 17,66,35,113 votes (99.9712% in favor, 0.0288% against)

Agenda Item 2 (Ordinary Resolution - Director Re-appointment)

  • Total votes in favor: 105,06,90,536 (99.9899%)
  • Total votes against: 1,06,223 (0.0101%)
  • Category-wise breakdown:
  • Promoter & Promoter Group: 76,66,36,064 votes (100% in favor)
  • Public Institutions: 10,75,25,582 votes (100% in favor)
  • Public Non-Institutions: 17,66,35,113 votes (99.9399% in favor, 0.0601% against)

Agenda Item 3 (Special Resolution - Remuneration Increase)

  • Total votes in favor: 104,42,92,633 (99.6796%)
  • Total votes against: 33,57,053 (0.3204%)
  • Category-wise breakdown:
  • Promoter & Promoter Group: 76,66,36,064 votes (100% in favor)
  • Public Institutions: 10,75,25,582 votes (96.9811% in favor, 3.0189% against)
  • Public Non-Institutions: 17,34,88,040 votes (99.9360% in favor, 0.0640% against)

Agenda Item 4 (Special Resolution - Director Appointment)

  • Total votes in favor: 105,07,44,788 (99.9951%)
  • Total votes against: 51,956 (0.0049%)
  • Category-wise breakdown:
  • Promoter & Promoter Group: 76,66,36,064 votes (100% in favor)
  • Public Institutions: 10,75,25,582 votes (100% in favor)
  • Public Non-Institutions: 17,66,35,098 votes (99.9706% in favor, 0.0294% against)

Scrutinizer's Role and Findings

Mr. Raj Kumar (Membership No. 501863), Partner of M/s. AMRK & Associates, Practicing Chartered Accountant, Gurugram, was appointed as Scrutinizer. He confirmed:

  • The e-voting process was fair and transparent
  • All resolutions were passed with requisite majority
  • No invalid votes were cast
  • Remote e-voting had 477 participants, Insta Poll had 18 participants

Compliance Confirmation

The disclosure confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Relevant MCA and SEBI circulars

Additional Business Updates

During the AGM, management shared strategic updates:

  • Successful merger with Dhani Services Limited completed
  • Company emerged as simplified organization with Real Estate as principal growth business
  • Entered definitive agreement on September 11, 2026 to acquire 70% equity stake in Fintech Cloud Private Limited for Rs. 1050 crore
  • Consideration to be settled through issuance of up to 21 crore equity shares via NCLT-approved Scheme of Amalgamation
  • Consequent to preferential issue, 51.55 crore warrants allotted to investors on September 24, 2026 for Rs. 250.01 crore (25% of issue price)
  • Warrants convertible into equity shares within 18 months of allotment