Meeting Details
- Event: 50th Annual General Meeting
- Date Held: Saturday, 08th August, 2026
- Voting Mode: E-voting and physical ballot at the Meeting
- Addressee: Corporate Relationship Department, BSE Limited
- Submitted by: Company Secretary & Compliance Officer
Voting Results Summary
All resolutions presented at the AGM were passed with near-unanimous approval from shareholders.
Resolution No. 1: Adoption of Financial Statements
- Type: Ordinary Resolution
- Description: To receive, consider and adopt the Financial Statements for the year ended on 31st March, 2026 and the Board's & Auditor's Reports thereon
- Promoter & Promoter Group: 1,267,997 shares voted (100% of holdings), 100% in favor
- Public - Others: 116,503 shares voted (100% of holdings), 99.977% in favor (116,476 votes), 0.023% against (27 votes)
- Total: 1,384,500 shares voted (100% of outstanding shares), 99.998% in favor (1,384,473 votes), 0.002% against (27 votes)
Resolution No. 2: Dividend Declaration
- Type: Ordinary Resolution
- Description: To declare dividend for the financial year ended on 31st March, 2026
- Voting results table was provided but specific vote counts were not detailed in the data
Resolution No. 3: Re-appointment of Director
- Type: Ordinary Resolution
- Description: To appoint a director in place of Mr. Dilip Kulkarni, Director (DIN-00184727), who retires by rotation and seeks re-appointment
- Voting results followed the same pattern as other resolutions but specific numbers were not clearly detailed in the data
Resolution No. 4: Re-appointment of Director
- Type: Ordinary Resolution
- Description: To appoint a director in place of Mrs. Prabha Kulkarni, Director (DIN-00053598), who retires by rotation and seeks re-appointment
- Voting pattern consistent with other resolutions
Resolution No. 5: Revision of Managing Director's Commission
- Type: Special Resolution
- Description: To approve revision in Commission payable to Mr. Dilip Kulkarni, Managing Director, for the remaining term of 1 year from 1st April, 2026 to 31st March, 2027
- Voting pattern consistent with other resolutions
Resolution No. 6: Reappointment of Independent Director
- Type: Special Resolution
- Description: Reappointment of Mr. Sanjay Ramakant Buch (DIN: 00391436) as an Independent Director
- Promoter & Promoter Group: 1,267,997 shares voted (100% of holdings), 100% in favor
- Public - Others: 116,503 shares voted (100% of holdings), 99.977% in favor (116,476 votes), 0.023% against (27 votes)
- Total: 1,384,500 shares voted (100% of outstanding shares), 99.998% in favor (1,384,473 votes), 0.002% against (27 votes)
Resolution No. 7: Reappointment of Independent Director
- Type: Special Resolution
- Description: Reappointment of Mr. Niraj Shishir Shirgaokar (DIN: 00254525) as an Independent Director
- Voting pattern consistent with other resolutions
Resolution No. 8: Reappointment of Independent Director
- Type: Special Resolution
- Description: Reappointment of Ms. Rama Sanjav Kirloskar (DIN: 07474724) as an Independent Director
- Voting pattern consistent with other resolutions
Resolution No. 9: Appointment of Non-Executive Director
- Type: Ordinary Resolution
- Description: Appointment of Dr. Nitin Vikas Pai (DIN: 08638303) as Non-Executive Director
- Voting pattern consistent with other resolutions
Resolution No. 10: Ratification of Cost Auditor Remuneration
- Type: Ordinary Resolution
- Description: Ratification of the Remuneration of Cost Auditor for the financial year 2026-27
- Voting pattern consistent with other resolutions
Shareholding Pattern
- Total Outstanding Shares: 1,384,500
- Promoter & Promoter Group Holdings: 1,267,997 shares (91.59%)
- Public - Others Holdings: 116,503 shares (8.41%)
- Public - Institutional Holdings: Not specified in the data