Meeting Details

  • Date of Meeting: 20th June 2026
  • Type of Meeting: 13th Annual General Meeting (AGM)
  • Meeting Duration: Commenced at 01:00 p.m. and concluded at 01:35 p.m.
  • Quorum: Requisite quorum was ascertained at the commencement.

Proposed Resolutions and Outcomes

Four resolutions were put to vote and passed with the requisite majority:

Ordinary Business:

1. Adoption of Audited Financial Statements (Ordinary Resolution)

2. Re-Appointment of Director Retiring By Rotation - Mr. Rishit Shrenik Vimawala (DIN: 03474249) (Ordinary Resolution)

Special Business:

3. Appointment of Secretarial Auditors Of The Company (Ordinary Resolution)

4. Regularization And Appointment of Mr. Viren Shantikam Shah (DIN: 09058613) As A Non-Executive Independent Director (Special Resolution)

Voting Process and Methods

The voting was conducted through the following methods:

  • E-Voting Service Provider: MUFG Intime India Pvt. Ltd (via https://instavote.linkintime.co.in/)
  • Remote E-Voting Period: Opened on 17th June 2026 at 9:00 a.m. IST and concluded on 19th June 2026 at 5:00 p.m. IST.
  • E-Voting at AGM: Shareholders who did not vote remotely were provided facility to e-vote during the meeting and within 15 minutes of its conclusion.
  • Cut-off Date: Friday, 12th June 2026. Members holding shares in physical or demat form as on this date were entitled to vote.
  • Public Advertisement: Published in 'Financial Express' (English) and 'Financial Express' (Gujarati) on 28th May 2026.

Key Voting Outcomes

Resolution 1: Adoption of Audited Financial Statements (Ordinary Resolution)

  • Total Votes Cast: 150,960,512
  • % of Votes in Favour: 99.9163%
  • % of Votes Against: 0.0837%
  • Promoter & Promoter Group: Voted 150,000,000 shares (100% in favour).
  • Public Non-Institutions: Voted 960,512 shares (86.8499% in favour, 13.1501% against).
  • Public Institutions: Did not cast any votes.

Resolution 2: Re-appointment of Mr. Rishit Shrenik Vimawala (Ordinary Resolution - Promoter Interested)

  • Total Votes Cast: 150,960,476
  • % of Votes in Favour: 99.9160%
  • % of Votes Against: 0.0840%
  • Promoter & Promoter Group: Votes polled were recorded as 0, with 150,000,000 votes declared invalid.
  • Public Non-Institutions: Voted 960,476 shares (86.7963% in favour, 13.2037% against).
  • Public Institutions: Did not cast any votes.

Resolution 3: Appointment of Secretarial Auditors (Ordinary Resolution)

  • Total Votes Cast: 150,960,512
  • % of Votes in Favour: 99.9163%
  • % of Votes Against: 0.0837%
  • Promoter & Promoter Group: Voted 150,000,000 shares (100% in favour).
  • Public Non-Institutions: Voted 960,512 shares (86.8499% in favour, 13.1501% against).
  • Public Institutions: Did not cast any votes.

Resolution 4: Appointment of Mr. Viren Shantikam Shah (Special Resolution)

  • Total Votes Cast: 150,960,512
  • % of Votes in Favour: 99.9157%
  • % of Votes Against: 0.0843%
  • Promoter & Promoter Group: Voted 150,000,000 shares (100% in favour).
  • Public Non-Institutions: Voted 960,512 shares (86.7447% in favour, 13.2553% against).
  • Public Institutions: Did not cast any votes.

Scrutinizer's Role and Findings

  • Scrutinizer: Shri Amrish N. Gandhi, Proprietor of M/s. Amrish Gandhi & Associates, Practicing Company Secretaries.
  • Report Date: 22nd June 2026.
  • Findings: Certified that all resolutions were passed with the requisite majority. The relevant e-voting records were handed over to the Compliance Officer for safe custody.
  • The report is issued solely for submission to the Stock Exchange and for placing on the company's and e-voting provider's websites.

Compliance Confirmation

The voting was conducted in compliance with:

  • Regulation 44 of SEBI LODR.
  • MCA Circulars (No. 14, 17, 20 of 2020; General Circular No. 2, 21 of 2021; General Circular No. 2, 10 of 2022; General Circular No. 9 dated 25/09/2023 and 19/09/2024).
  • Applicable SEBI Circulars.
  • Rule 20(v) requirements for public advertisement.