Meeting Details

The 64th Annual General Meeting was held on Friday, 18th September, 2026 at 12.30 p.m. through video conferencing (VC) and other audio visual means (OAVM).

Voting Process Details

  • E-voting facility was provided to shareholders for all items transacted at the AGM
  • Remote e-voting period: Commenced on 14th September, 2026 at 9.00 a.m. and ended on 17th September, 2026 at 5.00 p.m.
  • E-voting was also provided during the AGM on 18th September, 2026
  • Cut-off date for determining shareholder eligibility: 11th September, 2026
  • Total number of shareholders on record date: 307,900
  • Scrutinizer: Shri Amit K. Rajkotiya, Practicing Company Secretary
  • Votes were unblocked on 18th September, 2026 around 2:01 P.M. in presence of witnesses Mr. Vedant Ladekar and Mr. Zarvan Panthaky

Shareholder Participation

  • Promoters present through VC: 1
  • Public shareholders present through VC: 80
  • No shareholders present in person or through proxy

Resolution-wise Voting Results

1. Ordinary Resolution: Adoption of Financial Statements

  • Total shares outstanding: 203,485,211
  • Total valid votes polled: 114,958,617 (56.49% of outstanding shares)
  • Votes in favour: 112,428,751 (97.80% of votes polled)
  • Votes against: 2,529,866 (2.20% of votes polled)
  • Promoter voting: 108,552,846 votes (100% in favour)
  • Public institutional holders: 6,293,804 votes (60.04% in favour, 39.96% against)
  • Public non-institutional: 111,967 votes (86.86% in favour, 13.14% against)

2. Ordinary Resolution: Continuation of Smt. Rashmi Singh as Director (Commercial)

  • Total valid votes polled: 115,664,508 (56.84% of outstanding shares)
  • Votes in favour: 113,777,752 (98.37% of votes polled)
  • Votes against: 1,886,756 (1.63% of votes polled)
  • Promoter voting: 108,552,846 votes (100% in favour)
  • Public institutional holders: 6,999,661 votes (73.27% in favour, 26.73% against)
  • Public non-institutional: 112,001 votes (85.77% in favour, 14.23% against)

3. Ordinary Resolution: Authorization to Fix Statutory Auditors' Remuneration

  • Total valid votes polled: 115,664,474 (56.84% of outstanding shares)
  • Votes in favour: 115,648,870 (99.99% of votes polled)
  • Votes against: 15,604 (0.01% of votes polled)
  • Promoter voting: 108,552,846 votes (100% in favour)
  • Public institutional holders: 6,999,661 votes (100% in favour)
  • Public non-institutional: 111,967 votes (86.06% in favour, 13.94% against)

4. Ordinary Resolution: Ratification of Cost Auditor's Remuneration

  • Total valid votes polled: 115,664,474 (56.84% of outstanding shares)
  • Votes in favour: 115,649,197 (99.99% of votes polled)
  • Votes against: 15,277 (0.01% of votes polled)
  • Promoter voting: 108,552,846 votes (100% in favour)
  • Public institutional holders: 6,999,661 votes (100% in favour)
  • Public non-institutional: 111,967 votes (86.36% in favour, 13.64% against)

5. Ordinary Resolution: Continuation of Shri Vishwanath Suresh as CMD

  • Total valid votes polled: 115,664,488 (56.84% of outstanding shares)
  • Votes in favour: 115,446,099 (99.81% of votes polled)
  • Votes against: 218,389 (0.19% of votes polled)
  • Promoter voting: 108,552,846 votes (100% in favour)
  • Public institutional holders: 6,999,661 votes (97.11% in favour, 2.89% against)
  • Public non-institutional: 111,981 votes (85.67% in favour, 14.33% against)

6. Special Resolution: Continuation of Smt. Sonali Nagvenkar as Independent Director

  • Total valid votes polled: 114,999,918 (56.52% of outstanding shares)
  • Votes in favour: 110,445,239 (96.04% of votes polled)
  • Votes against: 4,554,679 (3.96% of votes polled)
  • Promoter voting: 108,552,846 votes (100% in favour)
  • Public institutional holders: 6,335,091 votes (28.42% in favour, 71.58% against)
  • Public non-institutional: 111,981 votes (81.84% in favour, 18.16% against)

7. Ordinary Resolution: Continuation of Shri Lokesh Chandra as Nominee Director

  • Total valid votes polled: 115,664,522 (56.84% of outstanding shares)
  • Votes in favour: 113,777,886 (98.37% of votes polled)
  • Votes against: 1,886,636 (1.63% of votes polled)
  • Promoter voting: 108,552,846 votes (100% in favour)
  • Public institutional holders: 6,999,661 votes (73.27% in favour, 26.73% against)
  • Public non-institutional: 112,015 votes (85.87% in favour, 14.13% against)

Overall Outcome

All seven resolutions as set out in the Notice of 64th Annual General Meeting were duly approved by the Shareholders with requisite majority.

Scrutinizer Report Details

The scrutinizer report confirmed:

  • No invalid votes across all resolutions
  • Voting rights were in proportion to shareholding as of cut-off date (11th September, 2026)
  • The management was responsible for compliance with voting process requirements
  • NSDL served as the authorized e-Voting agency

Additional Information

The voting results and scrutinizer report are available on the company website (https://www.moil.nic.in) and NSDL website (https://www.evoting.nsdl.com).