Meeting Details

The 32nd Annual General Meeting was held on Tuesday, July 14, 2026 at 03:00 P.M. through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Record Date and Shareholding

  • Record Date: July 07, 2026
  • Total number of shareholders on record date: 16,729
  • Shareholders attended through video conferencing: Promoters and Promoter group (7), Public (29)
  • Total shares outstanding: 8,27,38,029

Voting Results Summary

All five resolutions were passed with requisite majority by shareholders. The scrutinizer was M/s. V.R. Associates, who supervised both remote e-voting and e-voting during the AGM.

Resolution 1: Adoption of Financial Statements

  • Description: To receive, consider and adopt: (a) Audited Standalone Financial Statements for FY ended March 31, 2026 with Board and Auditor reports; (b) Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditor reports
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Voting Results:
  • Total votes cast: 6,11,27,831 shares (73.88% of outstanding shares)
  • Votes in favor: 6,11,27,829 shares (100% of votes cast)
  • Votes against: 2 shares (0.0001% of votes cast)

Resolution 2: Dividend Declaration

  • Description: To declare dividend of ₹0.20 (10%) per equity share for FY ended March 31, 2026
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Voting Results:
  • Total votes cast: 6,11,27,831 shares (73.88% of outstanding shares)
  • Votes in favor: 6,11,27,829 shares (100% of votes cast)
  • Votes against: 2 shares (0.0001% of votes cast)

Resolution 3: Director Re-appointment

  • Description: To appoint Mr. Satvinderpal Singh Gulati (DIN: 02404230) who retires by rotation and offers himself for re-appointment
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Voting Results:
  • Total votes cast: 6,11,27,831 shares (73.88% of outstanding shares)
  • Votes in favor: 6,11,25,829 shares (99.99% of votes cast)
  • Votes against: 2,002 shares (0.0032% of votes cast)

Resolution 4: Auditor Re-appointment

  • Description: To re-appoint M/s. MGB & Co LLP, Chartered Accountants (Firm Reg. No: 101169W/W100035) as statutory auditors and fix their remuneration
  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Voting Results:
  • Total votes cast: 6,11,27,831 shares (73.88% of outstanding shares)
  • Votes in favor: 6,11,25,829 shares (99.99% of votes cast)
  • Votes against: 2,002 shares (0.0032% of votes cast)

Resolution 5: Related Party Transaction

  • Description: To approve Material Related Party Transaction with Bhavana Holdings Private Limited
  • Resolution Type: Ordinary
  • Promoter Interest: Yes
  • Voting Results:
  • Total votes cast: 1,49,81,134 shares (1.81% of outstanding shares)
  • Votes in favor: 1,49,61,132 shares (99.87% of votes cast)
  • Votes against: 2,002 shares (0.13% of votes cast)
  • Promoters abstained from voting due to interest in the resolution

Scrutinizer Report Details

  • Scrutinizer: M/s. V.R. Associates (V. Ramachandran, Proprietor)
  • Remote e-voting period: July 11, 2026 (09:00 AM IST) to July 13, 2026 (05:00 PM IST)
  • Voting service provider: Central Depository Services (India) Limited (CDSL)
  • Consolidated scrutinizer's report date: July 15, 2026