AGM: 7 of 8 resolutions passed; one independent director re-appointment rejected

The 17th AGM was held on June 24, 2026 via video conferencing. Of 8 resolutions, 7 were passed. Final dividend of Rs 5.20 per share for FY2026 was approved. Other key approvals: adoption of FY26 financial statements, appointment of M/s Batliboi and Purohit as joint statutory auditor, re-appointment of Ms Geeta Dutta Goel as independent director, and increase in borrowing powers and charges on assets. However, the re-appointment of Mr Anuj Srivastava as independent director was rejected with only 72.34 percent in favour, below the 75 percent needed for a special resolution. Total votes cast represented 77.6 percent of outstanding shares.