Meeting Details

  • Date of Meeting: August 31, 2026
  • Meeting Type: 17th Annual General Meeting (AGM)
  • Meeting Format: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Meeting Time: 11:00 a.m. to 12:15 p.m. IST
  • Record Date: August 24, 2026
  • Total Shareholders on Record Date: 74,342

Attendance Details

  • Promoters/Promoter Group attending via VC: 1 shareholder
  • Public shareholders attending via VC: 48 shareholders
  • Total shareholders present in person or through proxy: Not specified (NA)

Voting Process and Methods

  • Remote e-Voting Period: August 27, 2026 (10:00 a.m.) to August 30, 2026 (5:00 p.m.)
  • Voting Service Provider: MUFG Intime India Private Limited (RTA)
  • Voting Methods: Remote e-Voting and e-Voting during the AGM
  • Scrutinizer: Puneet Motwani (Membership No. A38530), Proprietor of M/s. Puneet Motwani & Associates
  • Scrutinizer Appointment Date: July 23, 2026 (Board Meeting)
  • Witness for Vote Unblocking: Mr. Vikash Gupta (not employed by Company or MUFG)

Resolution Details and Voting Outcomes

Resolution Item No. 1 - Ordinary Resolution

To consider and adopt the Audited Financial Statements for FY ended March 31, 2026 and reports of Board of Directors and Auditors

  • Total Votes Polled: 31,219,321 (75.0398% of outstanding shares)
  • Votes in Favor: 31,208,094 (99.9640% of votes polled)
  • Votes Against: 11,227 (0.0360% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 31,173,505 votes (100% in favor)
  • Public Institutions: 10,986 votes (100% in favor)
  • Public Non-Institutions: 34,830 votes (67.7663% in favor, 32.2337% against)

Resolution Item No. 2 - Ordinary Resolution

To appoint Mr. Hitesh Pranjivan Mehta (DIN: 00207506) as Director retiring by rotation

  • Total Votes Polled: 31,219,321 (75.0398% of outstanding shares)
  • Votes in Favor: 31,206,787 (99.9599% of votes polled)
  • Votes Against: 12,534 (0.0401% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 31,173,505 votes (100% in favor)
  • Public Institutions: 10,986 votes (100% in favor)
  • Public Non-Institutions: 34,830 votes (64.0138% in favor, 35.9862% against)

Resolution Item No. 3 - Special Resolution

To approve appointment of Mr. Nilesh Bhogilal Gandhi (DIN: 03570656) as Independent Director for second term of 5 years

  • Total Votes Polled: 31,219,321 (75.0398% of outstanding shares)
  • Votes in Favor: 31,206,496 (99.9589% of votes polled)
  • Votes Against: 12,825 (0.0411% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 31,173,505 votes (100% in favor)
  • Public Institutions: 10,986 votes (97.4877% in favor, 2.5123% against)
  • Public Non-Institutions: 34,830 votes (63.9707% in favor, 36.0293% against)

Resolution Item No. 4 - Ordinary Resolution

To ratify remuneration payable to M/s N. Ritesh & Associates, Cost Auditors, for FY 2026-27

  • Total Votes Polled: 31,219,321 (75.0398% of outstanding shares)
  • Votes in Favor: 31,206,987 (99.9605% of votes polled)
  • Votes Against: 12,334 (0.0395% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 31,173,505 votes (100% in favor)
  • Public Institutions: 10,986 votes (100% in favor)
  • Public Non-Institutions: 34,830 votes (64.5880% in favor, 35.4120% against)

Resolution Item No. 5 - Ordinary Resolution

To approve Material Related Party Transactions for FY 2026-27

  • Total Votes Polled: 45,816 (0.1101% of outstanding shares)
  • Votes in Favor: 31,792 (69.3906% of votes polled)
  • Votes Against: 14,024 (30.6094% of votes polled)

Category-wise Breakdown:

  • Promoter & Promoter Group: 0 votes (abstained from voting)
  • Public Institutions: 10,986 votes (100% in favor)
  • Public Non-Institutions: 34,830 votes (59.7359% in favor, 40.2641% against)

Scrutinizer's Role and Findings

  • Puneet Motwani was appointed scrutinizer to conduct the remote e-voting process and e-voting during the AGM
  • The scrutinizer verified votes based on reports generated from MUFG's e-voting system
  • All resolutions were passed with requisite majority as per Companies Act, 2013
  • No invalid votes or abstentions were recorded in the voting process
  • Foreign Portfolio Investors who didn't submit additional disclosures by prescribed period had voting rights restricted as per SEBI Circular

Compliance and Regulatory References

  • Compliance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • Adherence to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
  • Compliance with MCA General Circular No. 03/2025 dated September 22, 2025
  • Following Secretarial Standard on General Meetings issued by ICSI
  • Newspaper advertisements published in Financial Express (English) and Janasatta (Hindi) on August 8, 2026

Signatories and Company Information

  • Company Secretary: Akalpita Patel (Membership No. A40528)
  • Chairman & Managing Director: Hitesh Chimanlal Doshi (DIN: 00293668)
  • Scrutinizer: Puneet Motwani (Membership No. A38530)
  • Company CIN: L18101DL2005PLC134879
  • NSE Symbol: WAAREEINDO
  • Factory: 3C/1eco Tech -11, Udyog Vihar, Greater Noida – 201306, Uttar Pradesh

Additional Information

  • The voting results and scrutinizer report were uploaded on company website: www.indosolar.co.in
  • The register was maintained electronically to record assent or dissent received from members
  • The company had no shares with differential voting rights
  • All digital signatures were verified with timestamps on September 1, 2026