Meeting Details

  • Date: Wednesday, 30th September, 2026
  • Time: 11:00 AM
  • Location: Registered office at Plot No. 69/A, GIDC Industrial Estate, Vapi, Dist. Valsad, Gujarat, India, 396195
  • Type: 56th Annual General Meeting

Proposed Resolutions and Implications

Five resolutions were proposed and approved:

1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March 2026, together with Auditors' Report and Directors' Report

2. Ordinary Resolution: To appoint Mr. Rajneesh Anand (DIN: 00134856) as Director who retires by rotation and offers himself for re-appointment

3. Ordinary Resolution: To declare dividend for the financial year ended 31st March, 2026

4. Ordinary Resolution (Special Business): Ratification of Remuneration of Cost Auditor for the Financial Year 2026-27

5. Special Resolution: Amendment to the Articles of Association of the Company

Voting Process and Methods

  • Remote e-voting: Conducted through CDSL website www.evotingindia.com
  • Voting period: Sunday, 27th September, 2026 at 9:00 AM to Tuesday, 29th September, 2026 at 5:00 PM
  • Cut-off date: Wednesday, 23rd September 2026 for shareholder eligibility
  • Physical polling: Conducted during AGM using ballot papers distributed to members present
  • Scrutinizer: Mr. Ketan Ravindra Shirwadkar, Company Secretary (Mem No. F13938 and COP No. 15386), Proprietor of KRS AND CO., Practicing Company Secretaries

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 92,100,120
  • Total votes polled: 36,115,039 (39.2128% of outstanding shares)

Resolution-wise Results:

Item 1: Adoption of Financial Statements

  • Total votes in favor: 36,114,899 (99.9996%)
  • Total votes against: 140 (0.0004%)
  • Remote e-voting: 53 members, 508,583 votes (1.4082%)
  • Physical poll: 13 members, 35,606,316 votes (98.5914%)

Item 2: Re-appointment of Mr. Rajneesh Anand

  • Total votes in favor: 36,113,724 (99.9964%)
  • Total votes against: 1,315 (0.0036%)
  • Remote e-voting: 50 members in favor (507,408 votes), 5 members against (1,315 votes)
  • Physical poll: 13 members in favor (35,606,316 votes), 0 against

Item 3: Dividend Declaration

  • Total votes in favor: 36,114,899 (99.9996%)
  • Total votes against: 140 (0.0004%)
  • Remote e-voting: 53 members in favor (508,583 votes), 2 members against (140 votes)
  • Physical poll: 13 members in favor (35,606,316 votes), 0 against

Item 4: Cost Auditor Remuneration Ratification

  • Total votes in favor: 36,114,899 (99.9996%)
  • Total votes against: 140 (0.0004%)
  • Remote e-voting: 53 members in favor (508,583 votes), 2 members against (140 votes)
  • Physical poll: 13 members in favor (35,606,316 votes), 0 against

Item 5: Articles of Association Amendment

  • Total votes in favor: 36,114,899 (99.9996%)
  • Total votes against: 140 (0.0004%)
  • Remote e-voting: 53 members in favor (508,583 votes), 2 members against (140 votes)
  • Physical poll: 13 members in favor (35,606,316 votes), 0 against

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares held: 61,803,990
  • Votes polled: 35,518,710 (57.4699% of shares held)
  • Votes in favor: 100% across all resolutions

Public Institutions

  • Shares held: 24,830
  • Votes polled: 14,185 (57.1285% of shares held)
  • Votes in favor: 100% across all resolutions except Item 2 (92.055% in favor)

Public Non-Institutions

  • Shares held: 30,271,300
  • Votes polled: 582,144 (1.9231% of shares held)
  • Votes in favor: 99.97-100% across resolutions with minor opposition

Scrutinizer's Role and Findings

Mr. Ketan Ravindra Shirwadkar was appointed as Scrutinizer to ensure fair and transparent voting process. The scrutinizer verified votes cast through both remote e-voting and physical polling, reconciled with company records, and confirmed all resolutions passed with requisite majority. The physical poll process included sealed ballot boxes opened in presence of two independent witnesses.

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Additional Information

The results and scrutinizer's report were uploaded on the company's website and CDSL website as required by regulations.