Meeting Details
- Venue: Registered Office of the Company (111, Sector-B, Sanwer Road Industrial Area, Indore-452015, M.P.)
- Date: September 22, 2026
- Time: 11:00 AM to 12:15 PM
- Record Date: September 15, 2026
- Total Shareholders: 4,626
- Shareholders Present: 32 (Promoters: 11, Public: 21)
- Remote E-voting Period: September 18, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
Voting Results Summary
All 11 resolutions were passed by requisite majority as declared by the Chairman on September 23, 2026.
Detailed Agenda-wise Results
Item 1: Adoption of Audited Financial Statements
- Resolution Type: Ordinary
- Promoter Interest: No
- Total Votes Polled: 1,433,913 (44.7496% of outstanding shares)
- Votes in Favor: 1,433,911 (99.9999%)
- Votes Against: 2 (0.0001%)
- Invalid Votes: 0
Item 2: Declaration of Dividend
- Resolution Type: Ordinary
- Promoter Interest: No
- Dividend Amount: ₹1.25 per equity share for FY 2025-26
- Total Votes Polled: 1,433,913 (44.7496% of outstanding shares)
- Votes in Favor: 1,433,911 (99.9999%)
- Votes Against: 2 (0.0001%)
- Invalid Votes: 0
Item 3: Re-appointment of Director
- Resolution Type: Ordinary
- Promoter Interest: Yes
- Director: Mr. Mahendra Jain (DIN: 00256047)
- Total Votes Polled: 1,000,749 (31.2320% of outstanding shares)
- Votes in Favor: 1,000,747 (99.9998%)
- Votes Against: 2 (0.0002%)
- Invalid Votes: 433,164 (from Promoter and Promoter Group)
Item 4: Ratification of Cost Auditor Remuneration
- Resolution Type: Ordinary
- Promoter Interest: No
- Period: Financial year ending March 31, 2027
- Total Votes Polled: 1,433,913 (44.7496% of outstanding shares)
- Votes in Favor: 1,433,911 (99.9999%)
- Votes Against: 2 (0.0001%)
- Invalid Votes: 0
Item 5: Related Party Transactions Approval
- Resolution Type: Ordinary
- Promoter Interest: Yes
- Counterparty: Indore Tools Private Limited
- Total Votes Polled: 230,803 (7.204% of outstanding shares)
- Votes in Favor: 230,801 (99.9991%)
- Votes Against: 2 (0.0009%)
- Invalid Votes: 1,203,110 (from Promoter and Promoter Group: 1,109,260; Public-Non Institutions: 93,850)
Item 6: Adoption of New Memorandum of Association
- Resolution Type: Special
- Promoter Interest: No
- Total Votes Polled: 1,433,913 (44.7496% of outstanding shares)
- Votes in Favor: 1,433,911 (99.9999%)
- Votes Against: 2 (0.0001%)
- Invalid Votes: 0
Item 7: Adoption of New Articles of Association
- Resolution Type: Special
- Promoter Interest: No
- Total Votes Polled: 1,433,913 (44.7496% of outstanding shares)
- Votes in Favor: 1,433,911 (99.9999%)
- Votes Against: 2 (0.0001%)
- Invalid Votes: 0
Item 8: Increase in Remuneration of Mr. Ravish Jain
- Resolution Type: Ordinary
- Promoter Interest: Yes
- Total Votes Polled: 663,967 (20.726% of outstanding shares)
- Votes in Favor: 663,965 (99.9997%)
- Votes Against: 2 (0.0003%)
- Invalid Votes: 769,946 (from Promoter and Promoter Group: 676,096; Public-Non Institutions: 93,850)
Item 9: Increase in Remuneration of Mr. Prakhar Jain
- Resolution Type: Ordinary
- Promoter Interest: Yes
- Total Votes Polled: 1,000,749 (31.2320% of outstanding shares)
- Votes in Favor: 1,000,747 (99.9998%)
- Votes Against: 2 (0.0002%)
- Invalid Votes: 433,164 (from Promoter and Promoter Group)
Item 10: Increase in Remuneration of Mr. Manish Jain
- Resolution Type: Ordinary
- Promoter Interest: Yes
- Total Votes Polled: 663,967 (20.726% of outstanding shares)
- Votes in Favor: 663,965 (99.9997%)
- Votes Against: 2 (0.0003%)
- Invalid Votes: 769,946 (from Promoter and Promoter Group: 676,096; Public-Non Institutions: 93,850)
Item 11: Increase in Remuneration of Mr. Shekhar Jain
- Resolution Type: Ordinary
- Promoter Interest: Yes
- Total Votes Polled: 1,000,749 (31.2320% of outstanding shares)
- Votes in Favor: 1,000,747 (99.9998%)
- Votes Against: 2 (0.0002%)
- Invalid Votes: 433,164 (from Promoter and Promoter Group)
Scrutinizer Report Details
- Scrutinizer: I G & Associates (Company Secretaries), CS Isha Garg (FCS 9955)
- Witnesses: Ms. Sanjoli Mittal and Mr. Vijay Mohan Garg
- Remote E-voting Provider: CDSL (EVSN: 260827029)
- Notice Dispatch: Email dispatch on August 26, 2026; physical intimation to non-email registered members
- Newspaper Publication: Business Standard (English & Hindi Edition) on August 28, 2026
- Total Equity Shares: 3,204,300 of ₹10 each