Meeting Details
- Date of Meeting: Tuesday, September 15, 2026
- Time: 11:00 A.M. (IST)
- Location: Conducted through Video Conferencing / Other Audio-Visual Means
- Meeting Type: 15th Annual General Meeting
Shareholder Participation
- Total Shareholders on Cut-off Date (September 08, 2026): 13,189
- Members attended through Video Conferencing:
- Promoters & Promoter Group: 5 members
- Public: 53 members
- No shareholders attended in person or through proxy
Voting Process and Methods
- Remote e-voting period: From Friday, September 11, 2026 at 9:00 A.M. to Monday, September 14, 2026 at 5:00 P.M.
- Service Provider: National Securities Depository Limited (NSDL)
- Voting Methods: Remote e-voting and e-voting during AGM
- Cut-off Date for Voting Rights: September 08, 2026
- Scrutinizer: Nishant Bajaj & Associates, Practicing Company Secretary (COP No. 21538)
Resolution Details and Voting Outcomes
Resolution 1: Ordinary Resolution
Description: Adoption of (a) audited financial statement for FY ended March 31, 2026 and reports of Board of Directors and Auditors; (b) audited consolidated financial statement for FY ended March 31, 2026 and report of Auditors
Voting Results:
- Total Votes Polled: 31,156,646 shares (41.9652% of outstanding shares)
- In Favor: 31,156,646 votes (100.0000%)
- Against: 0 votes (0.0000%)
- Result: Passed
Resolution 2: Ordinary Resolution
Description: Appointment of Mr. Naresh Radheshyam Thard (DIN: 03581790) who retires by rotation as Director
Voting Results:
- Total Votes Polled: 31,156,646 shares (41.9652% of outstanding shares)
- In Favor: 31,156,646 votes (100.0000%)
- Against: 0 votes (0.0000%)
- Result: Passed
Resolution 3: Ordinary Resolution
Description: Ratification of remuneration of Cost Auditors for FY ending March 31, 2027
Voting Results:
- Total Votes Polled: 31,156,609 shares (41.9652% of outstanding shares)
- In Favor: 31,156,609 votes (99.9999%)
- Against: 37 votes (0.0001%)
- Result: Passed
Resolution 4: Special Resolution
Description: Re-appointment of Mr. Praveen Bhatia (DIN: 00147498) as Independent Director
Voting Results:
- Total Votes Polled: 31,156,606 shares (41.9652% of outstanding shares)
- In Favor: 31,156,606 votes (99.9999%)
- Against: 40 votes (0.0001%)
- Result: Passed
Resolution 5: Special Resolution
Description: Grant of approval for payment of professional fees to Mr. Praveen Bhatia (DIN: 00147498), Independent Director, for professional services for FY 2026-27
Voting Results:
- Total Votes Polled: 31,156,646 shares (41.9652% of outstanding shares)
- In Favor: 31,156,646 votes (100.0000%)
- Against: 0 votes (0.0000%)
- Result: Passed
Resolution 6: Special Resolution
Description: Approval of (a) revision in remuneration payable to Mr. Ramswaroop Radheshyam Thard (DIN: 02835505), Chairman & Managing Director for remainder of current term; (b) re-appointment as Chairman & Managing Director for five years with remuneration
Voting Results:
- Total Votes Polled: 31,156,606 shares (41.9652% of outstanding shares)
- In Favor: 31,156,606 votes (99.9999%)
- Against: 40 votes (0.0001%)
- Result: Passed
Resolution 7: Special Resolution
Description: Approval of (a) revision in remuneration payable to Mr. Naresh Radheshyam Thard (DIN: 03581790), Joint Managing Director for remainder of current term; (b) re-appointment as Joint Managing Director for five years with remuneration
Voting Results:
- Total Votes Polled: 31,156,606 shares (41.9652% of outstanding shares)
- In Favor: 31,156,606 votes (99.9999%)
- Against: 40 votes (0.0001%)
- Result: Passed
Resolution 8: Special Resolution
Description: Increase in remuneration of Mr. Anand Sajjankumar Rungta (DIN: 02191149), Whole-time Director
Voting Results:
- Total Votes Polled: 31,156,569 shares (41.9652% of outstanding shares)
- In Favor: 31,156,569 votes (99.9998%)
- Against: 77 votes (0.0002%)
- Result: Passed
Scrutinizer's Report Details
Remote e-voting vs AGM Voting Breakdown:
Resolution 1:
- Remote e-voting: 86 members, 31,156,619 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 94 members, 31,156,646 shares (100%)
Resolution 2:
- Remote e-voting: 86 members, 31,156,619 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 94 members, 31,156,646 shares (100%)
Resolution 3:
- Remote e-voting: 85 members, 31,156,582 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 93 members, 31,156,609 shares (100%)
Resolution 4:
- Remote e-voting: 85 members, 31,156,579 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 93 members, 31,156,606 shares (100%)
Resolution 5:
- Remote e-voting: 86 members, 31,156,619 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 94 members, 31,156,646 shares (100%)
Resolution 6:
- Remote e-voting: 85 members, 31,156,579 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 93 members, 31,156,606 shares (100%)
Resolution 7:
- Remote e-voting: 85 members, 31,156,579 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 93 members, 31,156,606 shares (100%)
Resolution 8:
- Remote e-voting: 84 members, 31,156,542 shares (99.99%)
- Voting at AGM: 8 members, 27 shares (0.01%)
- Total: 92 members, 31,156,569 shares (100%)
Compliance Confirmation
The scrutinizer confirmed compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (LODR) Regulations, 2015.