Meeting Details

  • Meeting Type: 34th Annual General Meeting (AGM)
  • Meeting Date: September 29, 2026
  • Meeting Time: 11:30 AM to 12:15 PM
  • Meeting Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Record Date: September 23, 2026

Proposed Resolutions and Implications

Five ordinary resolutions were considered:

1. Adoption of audited financial statements for FY ended March 31, 2026

2. Re-appointment of Dr. R T Ravi (DIN: 00272977) as director retiring by rotation

3. Re-appointment of Mr. Manish Kumar Jain (DIN: 06477976) as director retiring by rotation

4. Approval for related party transactions with Ipca Laboratories Limited

5. Ratification of remuneration payable to cost auditors

Voting Process and Methods

  • Remote E-voting Period: September 25, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • Voting at AGM: Insta Poll facility for members who hadn't voted remotely
  • Scrutinizer: Ms. Krithika Sharma, Practicing Company Secretary (Membership No: A39335)
  • Appointment Date: August 6, 2026 board meeting
  • Voting Agency: KFin Technologies Limited provided e-voting platform

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 8,749
  • Shareholders present in meeting: 0 (promoters), 0 (public)
  • Shareholders attended via VC: 3 (promoters), 40 (public)
  • Total votes cast: 156,77,901 shares (72.72% of outstanding shares)
  • Total ballots: 67 (56 remote e-voting, 11 insta-poll)

Resolution-wise Results

Resolution 1 (Financial Statements Adoption)

  • Total votes: 156,77,901 (72.72% of share capital)
  • Votes in favor: 156,77,688 (99.999%)
  • Votes against: 213 (0.001%)
  • Passed: Yes

Resolution 2 (Re-appointment of Dr. R T Ravi)

  • Total valid votes: 156,73,827
  • Votes in favor: 156,73,611 (99.999%)
  • Votes against: 216 (0.001%)
  • Abstained: 4,074 votes
  • Passed: Yes

Resolution 3 (Re-appointment of Mr. Manish Kumar Jain)

  • Total valid votes: 156,70,069
  • Votes in favor: 156,69,853 (99.999%)
  • Votes against: 216 (0.001%)
  • Abstained: 7,832 votes
  • Passed: Yes

Resolution 4 (Related Party Transactions with Ipca Laboratories)

  • Promoter group interest: Yes (abstained from voting)
  • Total valid votes: 6,313 (only public non-institutions voted)
  • Votes in favor: 6,097 (96.58%)
  • Votes against: 216 (3.42%)
  • Passed: Yes

Resolution 5 (Cost Auditor Remuneration Ratification)

  • Total valid votes: 156,77,880
  • Votes in favor: 156,77,664 (99.999%)
  • Votes against: 216 (0.001%)
  • Passed: Yes

Shareholder Category Breakdown

Promoter & Promoter Group

  • Shares held: 156,84,134
  • Votes polled: 99.87% of holdings
  • Unanimous support for all resolutions (100% in favor)

Public Institutions

  • Shares held: 106,822
  • No votes cast (0% participation)

Public Non-Institutions

  • Shares held: 57,69,630
  • Votes polled: 0.25% of holdings
  • Majority support across resolutions (98.47-100% in favor)

Scrutinizer's Role and Findings

Ms. Krithika Sharma was appointed scrutinizer to ensure fair and transparent voting process. Her responsibilities included:

  • Monitoring remote e-voting and insta-poll processes
  • Unblocking and compiling results after AGM conclusion
  • Verifying compliance with Companies Act, 2013 and SEBI regulations
  • Submitting consolidated voting results report

Findings confirmed all resolutions passed with requisite majority through proper voting procedures.

Compliance Confirmation

The disclosure confirms compliance with:

  • Regulation 44 of SEBI (LODR) Regulations, 2015
  • Sections 108 and 110 of Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • All resolutions passed with required majority