Key Quantitative Figures

  • Total Shareholders: 646 shareholders on record date (4th September 2026)
  • Meeting Attendance: 3 promoters and 8 public shareholders attended via video conferencing
  • Total Outstanding Shares: 1,080,200 shares
  • Voting Participation: 1,038,788 shares voted (96.1663% participation rate)
  • Resolutions Passed: All 5 resolutions were approved

Parties Involved

  • Stock Exchanges: Not listed on NSE or MSEI
  • Scrutinizer: M/s. Ragini Chokshi & Co., Practising Company Secretaries (Membership No.: 2390)
  • e-Voting Agency: National Securities Depository Limited (NSDL)
  • Related Parties: VIP Industries Limited, Piramal Vibhuti Investments Limited
  • Company Personnel: Karan Vijay Kumar Gudhka (Company Secretary)
  • Director: Mahendra Kumar Arora (DIN: 00031777, Non-Executive, Non-Independent Director)

Resolution Details

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Description: To receive, consider and adopt the Audited Financial Statements for FY ended 31st March 2026 with Reports of Board of Directors and Auditors
  • Voting Results: 1,038,787 votes in favor (99.9999%), 1 vote against (0.0001%)
  • Promoter Voting: 808,902 shares voted (100% in favor)
  • Public Non-Institutions: 229,886 shares voted (99.9996% in favor)

Resolution 2: Re-appointment of Director

  • Type: Ordinary Resolution
  • Description: To appoint Mr. Mahendra Kumar Arora (DIN: 00031777) as Non-Executive, Non-Independent Director who retires by rotation
  • Voting Results: 1,038,787 votes in favor (99.9999%), 1 vote against (0.0001%)
  • Promoter Voting: 808,902 shares voted (100% in favor)
  • Public Non-Institutions: 229,886 shares voted (99.9996% in favor)

Resolution 3: Continuation of Directorship

  • Type: Special Resolution
  • Description: To consider continuation of directorship of Mr. Mahendra Kumar Arora as Non-Executive, Non-Independent Director
  • Voting Results: 1,038,787 votes in favor (99.9999%), 1 vote against (0.0001%)
  • Promoter Voting: 808,902 shares voted (100% in favor)
  • Public Non-Institutions: 229,886 shares voted (99.9996% in favor)

Resolution 4: Related Party Transaction with VIP Industries

  • Type: Ordinary Resolution
  • Promoter Interest: Yes
  • Description: To approve Material Related Party Transactions with VIP Industries Limited
  • Voting Results: 229,555 votes in favor (99.9996%), 1 vote against (0.0004%)
  • Participation: Only public non-institutions voted (229,556 shares, 84.9019% of category)
  • Promoters: Did not vote (0 shares)

Resolution 5: Related Party Transaction with Piramal Vibhuti

  • Type: Ordinary Resolution
  • Promoter Interest: Yes
  • Description: To approve Material Related Party Transactions with Piramal Vibhuti Investments Limited
  • Voting Results: 229,555 votes in favor (99.9996%), 1 vote against (0.0004%)
  • Participation: Only public non-institutions voted (229,556 shares, 84.9019% of category)
  • Promoters: Did not vote (0 shares)

Voting Process Details

  • Cut-off Date: 4th September 2026 for voting entitlement determination
  • Voting Methods: Remote e-voting and e-voting during AGM
  • Scrutinizer Witnesses: Mr. Harshit Dave and Ms. Khushi Morsawala
  • Notice Publication: Business Standard (English) and Pratahkal (Marathi) on 20th August 2026
  • Notice Dispatch: Email dispatch to registered members on 18th August 2026

Financial Impact

Financial impact not quantified in the disclosure. The resolutions relate to corporate governance matters and approval of related party transactions.

Capital Structure Impact

No change in capital structure disclosed. The resolutions pertain to governance approvals rather than capital changes.