Meeting Details
The 18th AGM was held on Friday, 7th August, 2026 at 4:00 PM through Video Conferencing/Other Audio Visual Means (VC/OAVM). The deemed venue was the Registered Office of the Company at A2 & A3, 7th Floor, Ashar No.16Z, Wagle Industrial Estate, Thane – 400 604, Maharashtra, India.
Shareholder Participation
- Record Date: 31st July, 2026
- Total Shareholders on Record Date: 131
- Shareholders Present through Video Conferencing:
- Promoters and Promoter Group: 4
- Public: 6
- No shareholders attended in person or through proxy
Resolution Outcomes
All seven resolutions set out in the AGM notice were passed with requisite majority:
Resolution 2: Final Dividend Declaration
- Type: Ordinary Resolution
- Description: Declaration of Final Dividend on Equity Shares @ 40% i.e. ₹4 per Equity Share of face value of ₹10 each for financial year ended 31st March, 2026
- Voting Results:
- Promoter & Promoter Group: 1,160,600 shares voted (100% of holdings), 100% in favor
- Public Institutions: 234,600 shares voted (100% of holdings), 100% in favor
- Public Non-Institutions: 10,800 shares voted (100% of holdings), 100% in favor
- Total: 1,406,000 shares voted (100% of outstanding), 100% in favor
Resolution 3: Re-appointment of Director
- Type: Ordinary Resolution
- Description: Appointment of Mr. Amey Saxena (DIN: 02194001) who retires by rotation
- Promoter Interest: Yes (promoters excluded from voting)
- Voting Results:
- Public Institutions: 234,600 shares voted (100% of holdings), 100% in favor
- Public Non-Institutions: 10,800 shares voted (100% of holdings), 100% in favor
- Total: 245,400 shares voted (100% of eligible shares), 100% in favor
Resolution 5: Re-appointment as Managing Director
- Type: Ordinary Resolution
- Description: Re-appointment of Mr. Amey Saxena (DIN: 02194001) as Managing Director
- Promoter Interest: Yes (promoters excluded from voting)
- Voting Results:
- Public Institutions: 234,600 shares voted (100% of holdings), 100% in favor
- Public Non-Institutions: 10,800 shares voted (100% of holdings), 100% in favor
- Total: 245,400 shares voted (100% of eligible shares), 100% in favor
Resolution 6: Re-appointment of Executive Director
- Type: Ordinary Resolution
- Description: Re-appointment of Mr. Ratul Lahiri (DIN: 02197443) as Executive Director
- Promoter Interest: Yes (promoters excluded from voting)
- Voting Results:
- Public Institutions: 234,600 shares voted (100% of holdings), 100% in favor
- Public Non-Institutions: 10,800 shares voted (100% of holdings), 100% in favor
- Total: 245,400 shares voted (100% of eligible shares), 100% in favor
Scrutinizer's Report Details
Scrutinizer: CS Sanam Umbargikar, Partner of M/s. DSM & Associates, Company Secretaries
Service Provider: National Securities Depository Limited (NSDL)
Voting Period: Remote e-Voting open from 9:00 AM on 4th August, 2026 to 5:00 PM on 6th August, 2026
Cut-off Date: 31st July, 2026 for voting entitlement determination
Advertisement: Published in Free Press Journal (English) and Navshakti (Marathi) newspapers on 18th July, 2026
Comprehensive Voting Results from Scrutinizer
All resolutions received 100% assent votes with zero dissent:
- Resolution 1 (Adoption of Financial Statements): 15 shareholders, 1,406,000 votes, 100% assent
- Resolution 2 (Final Dividend): 15 shareholders, 1,406,000 votes, 100% assent
- Resolution 3 (Director Re-appointment): 7 shareholders, 245,400 votes, 100% assent
- Resolution 4 (Regularization of Independent Director): 15 shareholders, 1,406,000 votes, 100% assent
- Resolution 5 (MD Re-appointment): 7 shareholders, 245,400 votes, 100% assent
- Resolution 6 (ED Re-appointment): 7 shareholders, 245,400 votes, 100% assent
- Resolution 7 (Chief Strategy Officer Appointment): 7 shareholders, 245,400 votes, 100% assent
Invalid Votes
Zero invalid votes across all shareholder categories (Promoter & Promoter Group, Public Institutions, Public Non-Institutions) for all resolutions.
Financial Impact
The dividend declaration of ₹4 per share represents a cash outflow to shareholders. The exact total dividend amount can be calculated based on the total outstanding shares of 1,406,000, resulting in a total dividend payout of ₹5,624,000.
Compliance Information
The disclosure is signed by Rita Gupta, Company Secretary and Compliance Officer, and digitally signed on 7th August, 2026 at 18:50:09 IST. Company CIN: L67190MH2008PLC185240.