Meeting Details

The 36th Annual General Meeting was held on Monday, September 28, 2026, at 12:00 Noon (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting started at 12:00 PM and ended at 1:55 PM. The cut-off date for determining voting eligibility was Monday, September 21, 2026.

Proposed Resolutions and Implications

Two ordinary resolutions were considered:

Item No. 1: Ordinary Resolution - To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon.

Item No. 2: Ordinary Resolution - To appoint a director in place of Mr. Kapil J. Pathare (DIN: 01089517), who retires by rotation at this Annual General Meeting and, being eligible, offers himself for re-appointment.

Neither resolution had promoter/promoter group interest.

Voting Process and Methods

The voting was conducted through two methods:

1. Remote E-voting: Available through MUFG Intime India Private Limited from Friday, September 25, 2026 (from 10:00 a.m. IST) to Sunday, September 27, 2026 (till 5:00 p.m. IST)

2. E-voting during AGM: Offered to members who had not voted through remote e-voting facility

Physical attendance was not required, and proxy voting was not available as per MCA and SEBI circulars governing virtual meetings.

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on record date: 31,739
  • Shareholders attended through video conferencing: 5 Promoters + 88 Public = 93 total
  • Total votes cast: 44,609,220 shares

Resolution 1 - Adoption of Financial Statements

| Voting Method | Total Votes | Votes in Favor | % in Favor | Votes Against | % Against | Invalid Votes |

| Remote E-voting | 44,609,158 | 44,605,235 | 99.9911% | 3,923 | 0.0088% | 0 |

| E-voting at AGM | 62 | 62 | 100% | 0 | 0% | 0 |

| Total | 44,609,220 | 44,605,297 | 99.9912% | 3,923 | 0.0088% | 0 |

Category-wise Breakdown for Resolution 1:

  • Promoter and Promoter Group: 41,955,538 shares voted (100% in favor)
  • Public Institutions: 1 share voted (100% in favor) out of 1,876 shares held
  • Public Non-Institutions: 2,653,681 shares voted (99.8522% in favor, 0.1478% against) out of 48,172,105 shares held
  • Total outstanding shares: 90,129,519

Resolution 2 - Re-appointment of Director

| Voting Method | Total Votes | Votes in Favor | % in Favor | Votes Against | % Against | Invalid Votes |

| Remote E-voting | 44,609,158 | 44,603,135 | 99.9864% | 6,023 | 0.0135% | 0 |

| E-voting at AGM | 62 | 62 | 100% | 0 | 0% | 0 |

| Total | 44,609,220 | 44,603,197 | 99.9865% | 6,023 | 0.0135% | 0 |

Category-wise Breakdown for Resolution 2:

  • Promoter and Promoter Group: 41,955,538 shares voted (100% in favor)
  • Public Institutions: 1 share voted (100% in favor) out of 1,876 shares held
  • Public Non-Institutions: 2,653,681 shares voted (99.773% in favor, 0.227% against) out of 48,172,105 shares held
  • Total outstanding shares: 90,129,519

Scrutinizer's Role and Findings

Mr. Ketan Ravindra Shirwadkar, Company Secretary (Mem No. FCS 13938 and COP No. 15386) and Proprietor of KRS AND CO, Practicing Company Secretaries, was appointed as scrutinizer vide Board Resolution dated August 13, 2026. His responsibilities included:

  • Scrutinizing the remote e-voting process and e-voting during the AGM
  • Downloading votes from MUFG Intime platform in presence of two witnesses (Achyut Dubey and Sagar Joguguddi)
  • Counting votes and preparing results
  • Attending the AGM through specific Login ID provided by Company

The scrutinizer confirmed that all resolutions were passed with requisite majority and that no invalid votes were cast.

Compliance with Laws and Regulations

The meeting was conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Multiple MCA Circulars (No. 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025)
  • Multiple SEBI Circulars (dated 12th May 2020, 15th January 2021, 13th May 2022, 5th January 2023, 7th October 2023, 3th October 2024)

Signatories and Roles

  • Mr. Rahul Soni: Company Secretary and Compliance Officer (Membership No.: A-61305) - signed the submission letter to exchanges
  • Mr. Ketan Ravindra Shirwadkar: Scrutinizer - prepared and signed the scrutinizer report
  • Mr. Sunil Pathare: Chairman - counter-signed the scrutinizer report

Additional Information

  • Trading Symbol: VIPCLOTHNG
  • Company Address: C-6 Road No 22, MIDC Marol, Andheri East, Mumbai, Maharashtra, India, 400093
  • The electronic voting data and records are under the scrutinizer's safe custody and will be handed over to Mr. Rahul Soni for preservation after the Chairman approves and signs the minutes of the AGM.