Meeting Details

  • Date: Wednesday, September 30th, 2026
  • Time: 02:00 PM to 02:34 PM (34 minutes duration)
  • Type: 20th Annual General Meeting
  • Mode: Conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Record Date: Thursday, September 24th, 2026

Proposed Resolutions and Implications

Two ordinary resolutions were proposed:

1. Adoption of Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors

2. Re-appointment of Mr. Vipin Chodhary (DIN: 02090149) who retires by rotation

Voting Process and Methods

  • Remote e-voting conducted through NSDL (National Securities Depository Limited) platform
  • Remote e-voting period: September 27, 2026 (9:00 AM IST) to September 29, 2026 (5:00 PM IST)
  • E-voting during AGM also available but not utilized
  • Scrutinizer: M/s. Shravan A Gupta & Associates (Practicing Company Secretary, CP No. 9990)
  • In case members voted both remotely and during AGM, remote e-vote was treated as valid

Key Voting Outcomes

Shareholder Participation

  • Total shareholders on record date: 23,644
  • Promoters present through video: 1
  • Public present through video: 44
  • Total votes cast: 42,740,797 shares (59.17% of outstanding shares)

Resolution 1: Adoption of Financial Statements

  • Total votes polled: 42,740,797 shares
  • Votes in favor: 42,740,209 shares (100% of valid votes)
  • Votes against: 588 shares (0.00% of valid votes)
  • Invalid votes: 0
  • Abstain votes: 0

Resolution 2: Re-appointment of Director

  • Total votes polled: 42,740,797 shares
  • Votes in favor: 42,740,209 shares (100% of valid votes)
  • Votes against: 588 shares (0.00% of valid votes)
  • Invalid votes: 0
  • Abstain votes: 0

Category-wise Voting Breakdown

Promoter and Promoter Group
  • Shares held: 42,702,513
  • Votes polled: 42,701,173 shares (99.9969% turnout)
  • 100% votes in favor for both resolutions
  • Voting method: Entirely through e-voting
Public Institutions
  • Shares held: 2,000
  • Votes polled: 0 shares
  • No participation in voting
Public Non-Institutions
  • Shares held: 29,523,541
  • Votes polled: 39,624 shares (0.1342% turnout)
  • Votes in favor: 39,036 shares (98.5161%)
  • Votes against: 588 shares (1.4839%)

Scrutinizer's Role and Findings

  • Scrutinizer: Shravan A Gupta, Practicing Company Secretary (Firm Unique Code: I2011MH829000, ACS: 27484, CP: 9990)
  • Certified that all resolutions were passed with requisite majority
  • Maintained electronic register recording assent/dissent with shareholder particulars
  • Confirmed no shares with differential voting rights in the company
  • Voting results unblocked in presence of two witnesses after closing of e-voting

Compliance with Laws and Regulations

  • Conducted in compliance with Section 108 and 109 of Companies Act, 2013
  • Followed Rule 20(4)(xii) and 21(2) of Companies (Management and Administration) Rules, 2014
  • Adhered to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Complied with MCA General Circular No. 03/2025 dated September 22, 2025
  • Followed Secretarial Standard-2 on General Meetings

Corporate Insolvency Resolution Process Context

  • Company under CIRP since December 16, 2022 per NCLT Order
  • Mr. Arihant Nenawati appointed as Resolution Professional (IP Reg. No: IBBI/IPA-001/IP-P00456/2017-2018/10799)
  • Committee of Creditors constituted on August 21, 2023