Proceedings of 40th AGM held via video conferencing on 29 September 2026

The 40th AGM was held on 29 September 2026 by video conference, 11:30 AM to 12:10 PM.

Tue 29 Sep 2026

AGM Date

29 September 2026

Meeting Format

Video conference, 11:30 AM to 12:10 PM

Attendance

43 members attended — 3 from promoter group and 40 public shareholders, representing 3,57,24,266 shares

Interim Dividend

INR 1/- per equity share (@50%)

Resolutions Placed

11 resolutions put to e-voting including adoption of FY 2025-26 accounts, dividend confirmation, director re-appointments, remuneration…

What was shared

The company submitted the proceedings of its 40th Annual General Meeting, held on Tuesday, 29 September 2026 through video conferencing, from 11:30 AM to 12:10 PM, administered from the corporate office in Saket, New Delhi.

Attendance

• 43 members attended in person through video conference.
• 3 shareholders from the promoter and promoter group category and 40 public shareholders.
• Shares represented: 3,57,24,266.
• Quorum was present throughout the meeting.

Resolutions put to vote

• Adoption of audited standalone and consolidated financial statements as at 31st March 2026 with the Board's and Auditors' reports.
• Confirmation of payment of interim dividend of INR 1/- per equity share (i.e. @50%).
• Appointment of a director in place of Mr. Ankur Gupta, who retires by rotation.
• Increase in remuneration of Mr. Vishal Gupta, Managing Director.
• Increase in remuneration of Mr. Ankur Gupta, Joint Managing Director.
• Increase in remuneration of Mr. Varun Gupta, Whole Time Director.
• Re-appointment of Mr. Krishna Suraj Moraje as Independent Director along with his remuneration.
• To provide security against loan including the issue of secured non-convertible debentures/bonds on private placement basis.
• Appointment of M/s. Anjali Yadav & Associates as Secretarial Auditors.
• Ratification of remuneration of the Cost Auditors.

Audit position

The Company Secretary stated there were no adverse remarks, reservations or qualifications by the Statutory Auditors or the Secretarial Auditor for FY 2025-26. The Auditor's Report is dated 27th May 2026.

Voting process

Remote e-voting ran from 25th September 2026 (09:00 a.m.) to 28th September 2026 (05:00 p.m.). E-voting at the meeting remained open for 30 minutes after the meeting concluded. Results along with the Scrutinizer's Report are to be declared within 2 working days of the conclusion of the meeting. Mr. Ashok Kumar Verma, Practicing Company Secretary, acted as Scrutinizer.

Shareholder interaction

10 speaker shareholders participated in the Q&A session and their queries were addressed by Mr. Varun Gupta, Chairperson of the meeting. Other directors could not attend due to unavoidable reasons.

What it means for investors

This is a record of proceedings. The outcome of each resolution depends on the e-voting results, which are to be declared separately. The items of substance for shareholders are the interim dividend confirmation, the remuneration increases for three executive directors, and the enabling approval to provide security against loans including secured NCDs on a private placement basis.

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