Correction Details

The disclosure rectifies errors in the classification of resolution types for three agenda items:

1. Resolution No. 9 - To ratify remuneration of Cost Auditors for FY ending March 31, 2027: Corrected from "Special Resolution" to "Ordinary Resolution"

2. Resolution No. 10 - To grant approval for payment of remuneration to Mrs. Kanchan Markhedkar, KMP and CHRO (related party): Corrected from "Special Resolution" to "Ordinary Resolution"

3. Resolution No. 11 - To grant approval for payment of remuneration to Mr. Vipul Markhedkar, KMP and CBO (related party): Corrected from "Special Resolution" to "Ordinary Resolution"

AGM Details

The 18th Annual General Meeting was held on September 11, 2026 at 11:30 AM IST through video conferencing/other audio-visual means. The cut-off date for determining shareholders entitled to vote was September 4, 2026.

Voting Process

  • National Securities Depository Limited (NSDL) was appointed for conducting electronic voting
  • Remote e-voting period: September 7, 2026 (9:00 AM) to September 10, 2026 (5:00 PM)
  • E-voting at AGM was kept open for 30 minutes after conclusion of meeting
  • Big Share Services Private Limited is the Registrar and Share Transfer Agent
  • Notices were dispatched by email to members by August 19, 2026
  • Newspaper advertisements were published in 'Mumbai Mahasagar' (Marathi) and 'Financial Express' (English) on August 19, 2026

Voting Results Summary

All 12 resolutions were passed with requisite majority. Total shares voted: 151,799,777 out of 257,911,026 outstanding shares (58.86% participation).

Detailed Resolution Results:

Resolution 1 - Ordinary Resolution: To adopt audited financial statements for FY ended March 31, 2026

  • Votes in favor: 151,796,117 (99.997%)
  • Votes against: 3,660 (0.002%)
  • Invalid votes: 0

Resolution 2 - Ordinary Resolution: To appoint Mr. Nakul Markhedkar (DIN: 07028044) as Director

  • Votes in favor: 151,088,955 (99.994%)
  • Votes against: 8,762 (0.006%)
  • Invalid votes: 0

Resolution 3 - Ordinary Resolution: To declare dividend on equity shares for FY ended March 31, 2026

  • Votes in favor: 151,091,342 (99.996%)
  • Votes against: 6,375 (0.004%)
  • Invalid votes: 0

Resolution 4 - Special Resolution: To amend Object Clause of Memorandum of Association

  • Votes in favor: 151,094,305 (99.998%)
  • Votes against: 3,412 (0.002%)
  • Invalid votes: 0

Resolution 5 - Special Resolution: To alter Articles of Association

  • Votes in favor: 151,089,305 (99.994%)
  • Votes against: 8,412 (0.006%)
  • Invalid votes: 0

Resolution 6 - Special Resolution: To approve limits under Section 180(1)(a) of Companies Act, 2013

  • Votes in favor: 151,093,697 (99.997%)
  • Votes against: 4,020 (0.003%)
  • Invalid votes: 0

Resolution 7 - Special Resolution: To approve borrowing limits under Section 180(1)(c)

  • Votes in favor: 151,089,595 (99.995%)
  • Votes against: 8,212 (0.005%)
  • Invalid votes: 0

Resolution 8 - Special Resolution: To approve limits under Section 186 for loans, guarantees, securities, and investments

  • Votes in favor: 151,093,507 (99.997%)
  • Votes against: 4,210 (0.003%)
  • Invalid votes: 0

Resolution 9 - Ordinary Resolution: To ratify remuneration of Cost Auditors for FY ending March 31, 2027

  • Votes in favor: 151,087,657 (99.993%)
  • Votes against: 10,060 (0.007%)
  • Invalid votes: 0

Resolution 10 - Ordinary Resolution: To approve remuneration to Mrs. Kanchan Markhedkar (KMP, CHRO, related party)

  • Votes in favor: 7,854,013 (99.904%)
  • Votes against: 575 (0.096%)
  • Invalid votes: 0
  • Interested parties not considered in voting

Resolution 11 - Ordinary Resolution: To approve remuneration to Mr. Vipul Markhedkar (KMP, CBO, related party)

  • Votes in favor: 7,855,013 (99.916%)
  • Votes against: 6,575 (0.084%)
  • Invalid votes: 0
  • Interested parties not considered in voting

Resolution 12 - Special Resolution: To issue debt securities up to ₹1000 Crores

  • Votes in favor: 151,089,687 (99.995%)
  • Votes against: 8,030 (0.005%)
  • Invalid votes: 0

Category-wise Voting Breakdown

The consolidated report provides detailed category-wise voting analysis across promoter, public institution, and public non-institution shareholders for each resolution, showing near-unanimous approval across all categories.

Key Notes from Scrutinizer

  • Interested parties voting for resolutions 10 & 11 were not considered
  • Votes cast do not include abstain votes
  • All resolutions passed with requisite majority
  • All relevant records given to management for safe keeping

Additional Information

The revised scrutinizer's report is available on company website: www.vikrangroup.com