Maruti Interior Products Limited shareholders unanimously approved all agenda items at the 29th Annual General Meeting held on September 29, 2026. The voting results, submitted to BSE on October 1, 2026, show 100% support across all eight resolutions.

The meeting was chaired by Nirbhay P. Lunagara, Executive Director. A total of 18 members attended the proceedings, satisfying the requisite quorum. The session concluded at 2:50 pm after the scrutinizer’s report confirmed the outcomes.

Resolutions passed

The shareholders adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. This Ordinary Resolution received 15,613,000 votes in favour and zero against.

Key leadership continuity decisions were also ratified through Special and Ordinary resolutions:

• Purshotam Rudabhai Lunagaria was re-appointed as Whole Director (Ordinary Resolution).
• Paresh Purshotam Lunagaria was re-appointed as Managing Director.
• Nirbhay Paresh Lunagaria and Nirmal Paresh Lunagaria were both re-appointed as Executive Directors.
• Nipun Mahendrabhai Doshi and Shashikant Devjibhai Patel were re-appointed as Independent Directors.

All re-appointment resolutions passed with 100% votes in favour, indicating full alignment among promoter and public shareholders present.

Voting details

The voting process was conducted via poll. The scrutinizer’s report, prepared by CS Sandip Nadiyapara from S. V. Nadiyapara & Co., verified that no invalid votes were cast. The total number of shares voted on each resolution stood at 15,613,000.

Meeting details

The meeting was held at Plot No 13, Survey No 236, Jay Krishna Industrial Estate, Taluka Kotda Sangani, Veraval (Shapar), Gujarat. Statutory Auditors M/s H. B. Kalariya & Associates and Secretarial Auditor S. V. Nadiyapara & Co. were present during the proceedings.

The Company Secretary invited members to express views on operations and financial performance, which were addressed by the Chairman and Board Members. The results have been disseminated to the stock exchange as per regulatory requirements.

Maruti Interior Products Ltd clarified that the delay in submitting its audited financial results for the financial year ended March 31, 2026, was caused by pending audit procedures at a foreign subsidiary. The company informed BSE Limited that it could not finalize the consolidated financial statements within the prescribed timeline because the subsidiary's accounts were not ready. The board chose to await the subsidiary's finalized figures to ensure the results presented a true and fair view of the financial position.

The company operates a foreign subsidiary whose financial statements must be consolidated with its own under applicable accounting standards. While the standalone financial statements were finalized earlier, the board deemed it necessary to delay the approval of the consolidated results until the subsidiary's audit was complete. The management stated that all possible efforts were made to expedite the process at the subsidiary level.

The delay was described as being beyond the company's control and solely due to the non-finalization of the foreign subsidiary's accounts. Upon receiving the necessary financial information, the company completed the consolidation process and convened a board meeting to approve the results. The audited financial results have now been submitted to the exchange.

The clarification was submitted in reference to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reaffirmed its commitment to compliance with all regulatory requirements despite the procedural delay. The letter was signed by Managing Director Paresh P. Lunagaria on June 24, 2026.