Meeting Details

The 41st Annual General Meeting was held on Wednesday, September 30, 2026, from 11:00 A.M. to 11:20 A.M. The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI. The registered office of the company at Gala no. 02 & 03, Building No. A-2, Gr. Floor, Print World Industrial Complex, Survey no. 15/1, Road, Mankoli-Vehele, Village Vehele, Bhiwandi, Thane-421302, Maharashtra, was deemed the venue for the AGM.

Summary of Proposed Resolutions and Implications

Six resolutions were proposed and approved by shareholders:

1. Ordinary Resolution: Adoption of Audited Financial Statements for FY26, including the Balance Sheet as at March 31, 2026, Statement of Profit & Loss, and Reports of Board of Directors and Auditors.

2. Ordinary Resolution: Declaration of a final dividend of ₹0.50 (5%) per fully paid-up equity share of ₹10 each for FY26.

3. Ordinary Resolution: Re-appointment of Mr. Saurabh Sangla (DIN: 00206069) as a director liable to retire by rotation.

4. Ordinary Resolution: Appointment and ratification of M/s Dhananjay V. Joshi & Associates, Cost Accountants (Firm Registration No. 000030), as Cost Auditors for FY27 at a remuneration of ₹1,00,000 plus applicable taxes and expenses.

5. Ordinary Resolution: Appointment of M/s Shilpesh Dalal & Co., Company Secretaries (Firm U.C.N. S2001MP041200; Peer Review Certificate No. 1833/2022), as Secretarial Auditor for five consecutive financial years from FY27 to FY31 (April 1, 2026, to March 31, 2031).

6. Special Resolution: Alteration of the Main Object Clause (Clause III) of the Memorandum of Association by inserting a new Point No. 1C for 'power generation / captive and renewable energy', expanding the company's business scope.

Voting Process and Methods

The company offered remote e-voting facility through CDSL to members as of the cut-off date, Wednesday, September 23, 2026. The remote e-voting period was from Sunday, September 27, 2026 (9:00 a.m. IST) to Tuesday, September 29, 2026 (5:00 p.m. IST). Additionally, e-voting facility was provided during the AGM and for 15 minutes post-conclusion for members who participated but had not cast votes remotely. Mr. Shilpesh Dalal, Practising Company Secretary, was appointed as Scrutinizer by the Board on September 5, 2026, to scrutinize the e-voting process fairly and transparently.

Key Voting Outcomes

The document states that the consolidated voting results along with the Scrutinizer's Report are being submitted separately under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Specific vote counts or percentages are not provided in this document.

Scrutinizer's Role and Findings

The Scrutinizer, Mr. Shilpesh Dalal, was responsible for scrutinizing the entire e-voting process. The document confirms his appointment but does not detail his specific findings, as the full report is submitted separately.

Compliance Confirmation

The meeting was confirmed to have been called, convened, and conducted in compliance with the Companies Act, 2013, its Rules, SEBI LODR Regulations, and Secretarial Standards issued by ICSI. The Audit Report contained no qualifications or adverse remarks.