Key Quantitative Figures

  • Final Dividend Recommended: 15% (₹1.50 per equity share of face value ₹10)
  • FY 2025-26 Net Profit: ₹51.21 lakhs (compared to ₹57.69 lakhs in FY 2024-25)
  • Revenue from Operations: ₹0 lakhs
  • Other Income: ₹133.30 lakhs (compared to ₹144.62 lakhs in previous year)
  • Paid-up Equity Share Capital: ₹540.00 lakhs (54,00,000 equity shares of ₹10 each)
  • Total Assets: ₹2,003.10 lakhs
  • Current Tax Expense: ₹17.27 lakhs
  • Sitting Fees Paid to Directors: Ranged from ₹30,000 to ₹60,000 per director
  • Employee Benefits Expense: ₹27.09 lakhs

Dates of Action

  • AGM Date: September 18, 2026 at 3:00 PM IST via Video Conferencing
  • Record Date for Dividend: September 11, 2026
  • Book Closure Period: September 12, 2026 to September 18, 2026 (both days inclusive)
  • E-voting Period: September 15, 2026 (9:00 AM) to September 17, 2026 (5:00 PM)
  • Dividend Payment Date: On or after September 18, 2026

Parties Involved

  • Stock Exchange: BSE Limited
  • Registrars & Transfer Agents: Cameo Corporate Services Limited
  • Statutory Auditors: TSG & Associates, Chartered Accountants
  • Secretarial Auditors: Porselvam and Associates
  • Scrutinizer for E-voting: Ms. Sindhuja Porselvam, Practicing Company Secretary
  • Bankers: Canara Bank, City Union Bank, Indian Overseas Bank

Business to be Transacted at AGM

Ordinary Business:

1. Adoption of audited financial statements for FY ended March 31, 2026

2. Declaration of final dividend of 15% (₹1.50 per share)

3. Re-appointment of Mr. K.V. Aiyappan (DIN: 00117641) who retires by rotation

Special Business:

4. Re-appointment of Mr. Arunachalam Kanaga Sabesan (DIN: 02238098) as Independent Director for second term of 5 years (September 30, 2026 to September 29, 2031) and continuation beyond age 75

5. Re-appointment of Mrs. Revathi Sureshkumar (DIN: 08507052) as Independent Director for second term of 5 years (September 30, 2026 to September 29, 2031)

Financial Impact

  • Dividend payout will result in cash outflow of approximately ₹81.00 lakhs (subject to TDS deduction)
  • The dividend is taxable in shareholders' hands with TDS applicable at prevailing rates
  • No material impact on capital structure as no new shares were issued during the year

Capital Structure Impact

  • No change in share capital during FY 2025-26
  • Paid-up equity share capital remains at ₹540.00 lakhs (54,00,000 shares)
  • 97.94% of shares are dematerialized as of March 31, 2026

Director Details

  • Mr. K.V. Aiyappan (Age 76, Chairman) - Sitting fees: ₹60,000, Shareholding: 24,65,000 shares (45.65%)
  • Mrs. Chitra Sivaramakrishnan (Whole-time Director) - Remuneration: ₹3.75 lakhs
  • Mr. Arunachalam Kanaga Sabesan (Age 78, Independent Director) - Sitting fees: ₹60,000
  • Mrs. Revathi Sureshkumar (Age 55, Independent Director) - Sitting fees: ₹30,000
  • Mr. M.G. Bhaskar retired as Independent Director effective June 15, 2026
  • Mr. Santhosh Veerappan appointed as Independent Director effective April 27, 2026

Additional Information

  • The company has no subsidiaries, joint ventures, or associates
  • No material related party transactions except rent payment to director (₹3.78 lakhs) and remuneration to directors
  • No fraud reported by statutory auditors under Section 143(12) of Companies Act, 2013
  • No material orders passed by regulators/courts impacting going concern status
  • Company has adequate internal financial controls as per auditor's report
  • Dividend will be paid only through electronic mode as mandated by SEBI