Meeting Details
- Meeting Type: 11th Annual General Meeting (AGM)
- Financial Year: 2025-2026
- Meeting Date: Tuesday, September 29, 2026
- Meeting Time: 01:30 P.M.
- Meeting Mode: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Cut-off Date: September 22, 2026 (shareholders registered as of this date were entitled to vote)
Proposed Resolutions and Implications
The AGM considered four resolutions:
1. Item No. 1: Ordinary Resolution to approve audited standalone and consolidated financial statements for FY ended March 31, 2026, along with reports of board of directors and auditors.
2. Item No. 2: Ordinary Resolution to reappoint Ms. Anisha Jain (DIN: 09704885) as director who retired by rotation. (Promoter/Promoter Group was interested in this resolution)
3. Item No. 3: Special Resolution to approve payment to Mr. Liladhar Kumawat, Non-Executive Independent Director, under Regulation 17(6)(ca) of SEBI (LODR) Regulations, 2015.
4. Item No. 4: Special Resolution to approve payment to Mr. Anil Kumawat, Non-Executive Independent Director, under Regulation 17(6)(ca) of SEBI (LODR) Regulations, 2015.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Available through CDSL platform from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
- E-voting during AGM: For members who participated in AGM through VC/OAVM but had not cast votes through remote e-voting
- Service Provider: Central Depository Services (India) Limited (CDSL)
- Voting System: Electronic voting system provided by CDSL (https://www.evotingindia.com)
Key Voting Outcomes
Overall Participation
- Total Outstanding Shares: 3,19,08,860
- Total Votes Polled: 1,70,91,646 shares (53.56% of outstanding shares)
Resolution-wise Results
Item No. 1 (Ordinary Resolution - Financial Statements)
- Total Votes in Favour: 1,70,91,644 (99.99% of votes polled)
- Total Votes Against: 2 (0.00% of votes polled)
- Promoter Group: 1,29,34,899 votes polled (99.99% of holdings), all in favour
- Public Non-Institutions: 41,56,747 votes polled (21.90% of holdings), 41,56,745 in favour, 2 against
Item No. 2 (Ordinary Resolution - Director Reappointment)
- Total Votes Polled: 42,50,497 shares (13.32% of outstanding shares)
- Total Votes in Favour: 42,50,495 (99.99% of votes polled)
- Total Votes Against: 2 (0.00% of votes polled)
- Promoter Group: 93,750 votes polled (0.72% of holdings), all in favour
- Public Non-Institutions: 41,56,747 votes polled (21.90% of holdings), 41,56,745 in favour, 2 against
Item No. 3 (Special Resolution - Director Payment)
- Total Votes in Favour: 1,70,91,644 (99.99% of votes polled)
- Total Votes Against: 2 (0.00% of votes polled)
- Promoter Group: 1,29,34,899 votes polled (99.99% of holdings), all in favour
- Public Non-Institutions: 41,56,747 votes polled (21.90% of holdings), 41,56,745 in favour, 2 against
Item No. 4 (Special Resolution - Director Payment)
- Total Votes in Favour: 1,70,91,644 (99.99% of votes polled)
- Total Votes Against: 2 (0.00% of votes polled)
- Promoter Group: 1,29,34,899 votes polled (99.99% of holdings), all in favour
- Public Non-Institutions: 41,56,747 votes polled (21.90% of holdings), 41,56,745 in favour, 2 against
Scrutinizer's Role and Findings
- Scrutinizer: Mr. Amritanshu Balani, Practicing Company Secretary (Membership No. 14152, COP No. 13773)
- Firm: M/s A. Balani & Associates, Practicing Company Secretaries
- Responsibilities: Scrutinizing remote e-voting process and e-voting during AGM in fair and transparent manner
- Findings: All resolutions passed with requisite majority as per Companies Act, 2013
- Data Custody: Electronic data and records maintained under scrutinizer's safe custody until handed over to Chairman/Company Secretary
- Verification Process: Votes unblocked and downloaded from CDSL platform on September 29, 2026 in presence of two independent witnesses
Compliance Confirmation
The voting process complied with:
- Section 108 of Companies Act, 2013
- Rule 20 of Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015