Meeting Details

The 64th Annual General Meeting was held on Thursday, September 24, 2026 at 11:00 a.m. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members. The meeting was conducted in compliance with multiple MCA General Circulars (No. 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025) and SEBI circulars (dated May 12, 2020; May 13, 2022; January 5, 2023; October 7, 2023; October 3, 2024).

Proposed Resolutions and Implications

Six resolutions were proposed for shareholder approval:

1. Ordinary Resolution: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. Ordinary Resolution: Re-appointment of Mr. Hari Nair (DIN: 02362137) who retires by rotation

3. Ordinary Resolution: Re-appointment of Mr. Vikas Porwal (DIN: 10382199) who retires by rotation

4. Ordinary Resolution: Declaration of final dividend of ₹0.20 per share (face value ₹10 each) for FY 2025-26

5. Special Resolution: Appointment of Ms. Jasmine Divyesh Mehta (DIN: 05220159) as Additional Director (Independent & Non-Executive) effective December 02, 2026

6. Ordinary Resolution: Appointment of Mr. Mahesh Fogla (DIN: 05157688) as Non-Executive and Non-Independent Director effective August 03, 2026

Voting Process and Methods

The e-voting facility was provided by Bigshare Services Private Limited (BSPL). Members as of the cut-off date Thursday, September 17, 2026 were entitled to vote. Remote e-voting commenced on Saturday, September 19, 2026 at 09:00 a.m. (IST) and concluded on Wednesday, September 23, 2026 at 5:00 p.m. (IST). Electronic voting was also provided at the AGM for members who attended through VC/OAVM but did not participate in remote e-voting. Votes were unblocked on September 24, 2026 around 12:41 p.m. in the presence of two independent witnesses.

Key Voting Outcomes

Resolution 1 (Ordinary Resolution - Financial Statements)

  • Total Votes Cast: 22,148,950
  • In Favor: 100.00% (22,148,950 votes from 179 members)
  • Against: 0.00% (0 votes from 0 members)
  • Invalid Votes: 0 members, 0 votes
  • Result: PASSED with requisite majority

Resolution 2 (Ordinary Resolution - Re-appointment of Hari Nair)

  • Total Votes Cast: 22,148,950
  • In Favor: 100.00% (22,148,950 votes from 179 members)
  • Against: 0.00% (0 votes from 0 members)
  • Invalid Votes: 0 members, 0 votes
  • Result: PASSED with requisite majority

Resolution 3 (Ordinary Resolution - Re-appointment of Vikas Porwal)

  • Total Votes Cast: 22,148,950
  • In Favor: 100.00% (22,148,950 votes from 179 members)
  • Against: 0.00% (0 votes from 0 members)
  • Invalid Votes: 0 members, 0 votes
  • Result: PASSED with requisite majority

Resolution 4 (Ordinary Resolution - Final Dividend)

  • Total Votes Cast: 22,148,950
  • In Favor: 100.00% (22,148,950 votes from 179 members)
  • Against: 0.00% (0 votes from 0 members)
  • Invalid Votes: 0 members, 0 votes
  • Result: PASSED with requisite majority

Resolution 5 (Special Resolution - Appointment of Jasmine Divyesh Mehta)

  • Total Votes Cast: 22,148,950
  • In Favor: 100.00% (22,147,750 votes from 177 members)
  • Against: 0.00% (1,200 votes from 2 members)
  • Invalid Votes: 0 members, 0 votes
  • Result: PASSED with requisite majority

Resolution 6 (Ordinary Resolution - Appointment of Mahesh Fogla)

  • Total Votes Cast: 22,148,950
  • In Favor: 100.00% (22,147,750 votes from 177 members)
  • Against: 0.00% (1,200 votes from 2 members)
  • Invalid Votes: 0 members, 0 votes
  • Result: PASSED with requisite majority

Scrutinizer's Role and Findings

Mr. Dinesh Kumar Deora, Practicing Company Secretary, was appointed as Scrutinizer to ensure the voting process was conducted fairly and transparently. He confirmed compliance with all relevant regulations and that the voting process was properly executed. All voting records are under his safe custody until the Chairperson approves and signs the meeting minutes, after which they will be handed over to the Chairperson or Company Secretary for safekeeping.

Compliance Confirmation

The AGM and voting process were conducted in compliance with the Companies Act, 2013, SEBI LODR Regulations, 2015, and all relevant MCA and SEBI circulars regarding virtual meetings. The notice of AGM along with the Annual Report 2025-26 was sent only through electronic mode to members whose email addresses were registered with the Company, RTA, or depositories (CDSL/NSDL).