Meeting Details

The 43rd AGM was held on Thursday, September 10, 2026 at 11:30 AM IST through Video Conferencing/Other Audio-Visual Means. The meeting ended at 1:35 PM IST. The record date for determining shareholders entitled to vote was September 3, 2026.

Scrutinizer Appointment

CS Vineet K Chaudhary, Managing Partner of M/s VKC & Associates, Company Secretary in whole-time practice (Membership No. F5327 and C.P. No. 4548) was appointed as Scrutinizer on August 6, 2026 to scrutinize the remote e-voting process and e-voting at the AGM.

Service Provider

The company availed services of Central Depository Services (India) Limited (CDSL) for facilitating e-voting.

Voting Participation

Total shareholders on record date: 63,988

Shareholders attending through VC/OAVM: 167 (4 Promoters/Promoter Group + 163 Public)

Resolution Voting Results

All 11 resolutions were passed with requisite majority:

Resolution 1: Ordinary Resolution

Adoption of Audited Financial Statements for FY ended March 31, 2026 with Board and Auditor reports

  • Total valid votes: 11,131,476
  • In favor: 11,130,455 (99.9908%)
  • Against: 1,021 (0.0092%)

Resolution 2: Ordinary Resolution

Declaration of final dividend on Equity Shares for FY ended March 31, 2026

  • Total valid votes: 11,131,476
  • In favor: 11,130,971 (99.9955%)
  • Against: 505 (0.0045%)

Resolution 3: Ordinary Resolution

Re-appointment of Mr. Gautam Suri as Director liable to retire by rotation

  • Total valid votes: 6,752,360
  • In favor: 6,652,487 (98.5209%)
  • Against: 99,873 (1.4791%)
  • Promoters were interested in this resolution

Resolution 4: Ordinary Resolution

Ratification of remuneration of Cost Auditors for FY ending March 31, 2027

  • Total valid votes: 11,129,971
  • In favor: 11,129,395 (99.9948%)
  • Against: 576 (0.0052%)

Resolution 5: Special Resolution

Renewal of existing borrowing powers under Section 180(1)(c) of Companies Act, 2013

  • Total valid votes: 11,131,194
  • In favor: 11,130,790 (99.9964%)
  • Against: 404 (0.0036%)

Resolution 6: Special Resolution

Creation of charges, mortgages, hypothecation on properties under Section 180(1)(a)

  • Total valid votes: 11,129,322
  • In favor: 11,043,012 (99.2245%)
  • Against: 86,310 (0.7755%)

Resolution 7: Special Resolution

Increase in threshold of loans/guarantees under Section 186 of Companies Act, 2013

  • Total valid votes: 11,130,142
  • In favor: 10,192,333 (91.5742%)
  • Against: 937,809 (8.4258%)

Resolution 8: Special Resolution

Approval for raising funds through Qualified Institutions Placement (QIP)

  • Total valid votes: 11,131,194
  • In favor: 11,065,143 (99.4066%)
  • Against: 66,051 (0.5934%)

Resolution 9: Ordinary Resolution

Approval for sub-division (stock split) of equity shares from ₹10 to ₹2 each

  • Total valid votes: 11,131,476
  • In favor: 11,130,623 (99.9923%)
  • Against: 853 (0.0077%)

Resolution 10: Ordinary Resolution

Approval for alteration of capital clause of Memorandum of Association

  • Total valid votes: 11,130,209
  • In favor: 11,129,115 (99.9902%)
  • Against: 1,094 (0.0098%)

Resolution 11: Special Resolution

Approval for variation in terms of objects of the issue

  • Total valid votes: 11,130,142
  • In favor: 11,129,611 (99.9952%)
  • Against: 531 (0.0048%)

Shareholding Pattern Analysis

Total outstanding shares: 16,817,032

Promoter & Promoter Group: 9,968,162 shares (59.27%)

Public Institutions: 1,733,847 shares (10.31%)

Public Non-Institutions: 5,115,023 shares (30.42%)

Additional Information

Notice of AGM was sent electronically on August 13, 2026. Newspaper advertisements were published in Financial Express (English) and Jansatta (Hindi) on August 12, 2026 and August 14, 2026. Remote e-voting period was from September 7, 2026 (9:00 AM) to September 9, 2026 (5:00 PM).

Document Preservation

The electronic data and relevant papers related to e-voting facility will be handed over to the company for preservation after the Chairman approves and signs the minutes of AGM.