Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Type of Meeting: 24th Annual General Meeting
  • Date: Tuesday, September 29, 2026
  • Time: 2:30 P.M.
  • Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at DTJ-209, 2nd Floor, DLF Tower B, Jasola, New Delhi-110025

Proposed Resolutions and Implications

The AGM considered six resolutions:

1. To receive, consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended March 31, 2026, along with reports of Board of Directors and Statutory Auditors

2. To declare dividend on equity shares for the financial year ended March 31, 2026

3. To re-appoint Mr. Anurag Gupta (DIN: 00184361) as a Director who retires by rotation

4. To appoint Statutory Auditors of the Company and fix their remuneration

5. To approve/ratify remuneration of the cost auditor for the Financial Year ending March 31, 2027

6. To approve grant of loan or guarantee or providing security in connection with loan availed by Joint Venture entity under Section 185 of the Companies Act, 2013

All resolutions were passed with requisite majority.

Voting Process and Methods

  • Remote e-voting period: Saturday, September 26, 2026 (9:00 AM) to Monday, September 28, 2026 (5:00 PM)
  • E-voting at AGM: During the meeting on September 29, 2026
  • Voting agency: KFin Technologies Limited provided the e-voting platform
  • Cut-off date: Friday, September 18, 2026 for determining voting entitlements
  • Total members who voted: 560 (554 via remote e-voting, 6 via e-voting at AGM)

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 209,744,165
  • In favor: 209,732,657 (99.9996%)
  • Against: 779 (0.0004%)
  • Abstained: 10,639

Resolution 2: Dividend Declaration

  • Total votes cast: 209,744,165
  • In favor: 209,741,846 (99.9996%)
  • Against: 779 (0.0004%)
  • Abstained: 1,450

Resolution 3: Re-appointment of Director

  • Total votes cast: 209,744,165
  • In favor: 209,459,609 (99.8695%)
  • Against: 273,760 (0.1305%)
  • Abstained: 10,711
  • Note: 3 shareholders voted both in favor and against for their proportionate shares

Resolution 4: Appointment of Statutory Auditors

  • Total votes cast: 209,744,165
  • In favor: 207,649,038 (99.0151%)
  • Against: 2,065,576 (0.9849%)
  • Abstained: 10,639
  • Note: 1 shareholder voted both in favor and against for their proportionate shares

Resolution 5: Cost Auditor Remuneration

  • Total votes cast: 209,744,165
  • In favor: 209,732,585 (99.9996%)
  • Against: 779 (0.0004%)
  • Abstained: 10,711

Resolution 6: Loan to Joint Venture Entity

  • Total votes cast: 209,744,165
  • In favor: 157,535,853 (75.1126%)
  • Against: 52,197,189 (24.8874%)
  • Abstained: 10,711
  • Note: 4 shareholders voted both in favor and against for their proportionate shares

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Total shares: 123,869,540
  • Votes polled: 123,832,050 (99.9697% of shares)
  • Voted 100% in favor on all resolutions except Resolution 6 where they did not vote

Public Institutions

  • Total shares: 101,528,616
  • Votes polled: 83,359,082 (82.104% of shares)
  • Showed significant opposition to Resolution 6 (loan to JV) with 62.6103% against

Public Non-Institutions

  • Total shares: 61,358,952
  • Votes polled: 2,542,304 (4.1433% of shares)
  • Generally supported all resolutions with minimal opposition

Scrutinizer's Role and Findings

  • Scrutinizer: CS Puja Mishra of M/s Puja Mishra & Co, Company Secretary in Practice
  • Appointment: By Board of Directors for remote e-voting and e-voting during AGM
  • Responsibilities: Ensure fair and transparent voting process, submit comprehensive report
  • Findings: Confirmed proper voting procedures, received electronic data from KFin Technologies Limited, verified results
  • Conclusion: All resolutions passed with requisite majority, voting process conducted fairly

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 & 21 of the Companies (Management & Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015
  • Various MCA and SEBI circulars permitting virtual AGMs

Additional Information

  • Notice of AGM was published in Business Standard (English and Hindi) on September 7, 2026
  • Notice was emailed to 207,004 members who had registered email IDs
  • Electronic voting data and records have been handed over to the Company Secretary for safe keeping