Meeting Details
The 38th Annual General Meeting was held on Wednesday, 23rd September 2026 at 11:30 AM through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting ended at 11:41 AM. The record date for determining shareholders entitled to vote was Friday, 16th September 2026.
Scrutinizer Appointment
M/s Chirag Shah and Associates, Practicing Company Secretaries, Ahmedabad was appointed as scrutinizer for the voting process. The appointment was made in the Board Meeting dated 11th August 2026.
Voting Process Details
Remote e-voting period remained open from 20th September 2026 at 9:00 AM to 22nd September 2026 at 5:00 PM. NSDL was appointed as the agency for providing e-voting facility. Votes were unblocked on 23rd September 2026 at approximately 11:41 PM in the presence of two witnesses, Ms. Neha Soni and Ms. Kanika Porwal, who are not employees of the company.
Shareholder Participation
Total number of shareholders on record date: 5,341
Shareholders attended meeting through video conferencing: 37 (10 Promoters and Promoter Group, 27 Public)
No shareholders were present in person or through proxy at the physical venue.
Voting Results Summary
Four resolutions were considered and all were passed:
Resolution 1: Ordinary Resolution - Adoption of Financial Statements
- Total votes cast: 38 shareholders representing 4,361,845 shares (100% of votes cast)
- Votes in favor: 4,361,845 shares (100%)
- Votes against: 0 shares (0%)
- Abstained: 0 shares
Resolution 2: Ordinary Resolution - Re-appointment of Mr. Hasmukhbhai Kacharabhai Patel (DIN: 06587284)
- Total votes cast: 38 shareholders representing 4,361,845 shares (100% of votes cast)
- Votes in favor: 4,361,845 shares (100%)
- Votes against: 0 shares (0%)
- Abstained: 0 shares
Resolution 3: Ordinary Resolution - Approval of Related Party Transactions under Section 188
- Total votes cast: 26 shareholders representing 83,602 shares (100% of votes cast)
- Votes in favor: 83,602 shares (100%)
- Votes against: 0 shares (0%)
- Abstained: 12 shareholders representing 4,278,243 shares
Resolution 4: Special Resolution - Remuneration of Mr. Nimish Keshavlal Patel (DIN: 00240627)
- Total votes cast: 36 shareholders representing 4,723,165 shares (100% of votes cast)
- Votes in favor: 4,723,165 shares (100%)
- Votes against: 0 shares (0%)
- Abstained: 2 shareholders representing 238,680 shares
Shareholding Pattern Analysis
Total outstanding shares: 6,009,900
Promoter and Promoter Group holdings: 4,403,754 shares (73.27%)
Public Institutions holdings: 1,300 shares (0.02%)
Public Non-Institutions holdings: 1,604,846 shares (26.71%)
Additional Information
Total number of resolutions passed: 4
No invalid votes were recorded across any shareholder category