Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Jyoti CNC Automation Limited

Meeting Details

The 35th Annual General Meeting was held on Wednesday, September 30, 2026, at 12:30 PM at Plot No. 2839, Lodhika GIDC, Village Metoda, District Rajkot - 360 001.

Proposed Resolutions and Implications

Four ordinary resolutions were proposed and approved:

1. Adoption of Standalone Financial Statements for FY ended March 31, 2026, with reports of Board of Directors and Auditor

2. Adoption of Consolidated Financial Statements for FY ended March 31, 2026, with Auditor's report

3. Reappointment of Mr. Parakramsinh G. Jadeja (DIN: 00125050) as director retiring by rotation

4. Ratification of remuneration to M/s. Mitesh Suvagiya & Co., Cost Auditor for FY ending March 31, 2027

Voting Process and Methods

Voting was conducted through two methods:

  • Remote e-voting via MUFG Intime India Private Limited's platform from September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Ballot paper (poll) voting at the AGM venue for members present who hadn't voted remotely

The cut-off date for determining voting eligibility was September 23, 2026, with 85,949 total members/beneficial owners.

Key Voting Outcomes

Total Votes Cast: 19,50,49,868 shares (85.76% of outstanding 22,74,23,096 shares)

Resolution-wise Results:

Resolution 1 (Financial Statements Adoption):

  • Votes in Favor: 19,50,49,277 (99.99%)
  • Votes Against: 591 (0.01%)
  • Promoter Group: 14,22,46,495 votes (100% in favor)
  • Public Institutions: 3,58,80,870 votes (100% in favor)
  • Public Non-Institutions: 1,69,22,503 votes (99.99% in favor, 0.01% against)

Resolution 2 (Consolidated Financial Statements):

  • Votes in Favor: 19,50,49,277 (99.99%)
  • Votes Against: 591 (0.01%)
  • Promoter Group: 14,22,46,495 votes (100% in favor)
  • Public Institutions: 3,58,80,870 votes (100% in favor)
  • Public Non-Institutions: 1,69,22,503 votes (99.99% in favor, 0.01% against)

Resolution 3 (Director Reappointment):

  • Votes in Favor: 19,18,40,969 (98.35%)
  • Votes Against: 32,08,899 (1.65%)
  • Promoter Group: 14,22,46,495 votes (100% in favor)
  • Public Institutions: 3,58,80,870 votes (91.06% in favor, 8.94% against)
  • Public Non-Institutions: 1,69,22,503 votes (99.99% in favor, 0.01% against)

Resolution 4 (Cost Auditor Remuneration):

  • Votes in Favor: 19,50,48,927 (99.99%)
  • Votes Against: 941 (0.01%)
  • Promoter Group: 14,22,46,495 votes (100% in favor)
  • Public Institutions: 3,58,80,870 votes (100% in favor)
  • Public Non-Institutions: 1,69,22,503 votes (99.99% in favor, 0.01% against)

Participation Breakdown:

  • Promoter and Promoter Group: 5 members attended meeting, held 14,22,46,495 shares
  • Public: 34 members attended meeting, held 8,51,76,601 shares
  • Total shares outstanding: 22,74,23,096

Scrutinizer's Role and Findings

Nandish Dave of N S Dave & Associates (Practicing Company Secretary) was appointed scrutinizer. His responsibilities included:

  • Preparing scrutinizer's report on votes cast for/against resolutions
  • Based on reports from remote e-voting system and polling at AGM
  • Reconciling voting with RTA records and authorizations/proxies
  • Electronic data and records are under his safe custody until handed to Company Secretary after minutes approval

Witnesses present during vote unblocking: Neha Thakar and Priyanka Sheth (not company employees)

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 and 22 of Companies (Management and Administration) Rules, 2014
  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Additional Information

One shareholder holding 26,300 shares abstained from voting on all resolutions. All invalid votes were recorded as zero across all resolutions.