Meeting Details

  • Meeting Type: 21st Annual General Meeting
  • Date: Wednesday, 05th August 2026
  • Time: 11:30 AM to 12:45 PM
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM), deemed to be held at the Registered Office: Door No. 4-56, Sy. # 62/1/A &67, Tech Mahindra Road, Bahadurpally, Dundigal (Gandimysamma) Mandal, Medchal - Malkajgiri Dist., Hyderabad - 500 043, Telangana, India

Attendees

Directors and Key Management Personnel Present:

  • Shri Suresh Mohan Reddy Ch. - Chairman & Managing Director
  • Shri. M. Ravindra Vikram - Independent Director, Chairman of Audit Committee, Nomination & Remuneration Committee and CSR Committee
  • Shri. P Sridhar - Independent Director, Chairman of Stakeholders Relationship Committee
  • Ms. Ahlada Ch. - Whole Time Director & CFO
  • Shri. Akarsh Reddy Ch. - Whole Time Director
  • Shri. G.Shyam Krishna - Company Secretary & Compliance Officer

Other Dignitaries:

  • Shri. Ch. Veeranjaneyulu - Representative of VCSR & Associates, Scrutinizer and Secretarial Auditors
  • Shri N.S.V Krishna Rao - Representative of NSV Krishna Rao & Co, Cost Auditors

Absentees:

  • M/s. Kishore & Venkat Associates, Statutory Auditors
  • Ms. P. Subbaratnamma, Independent Director

Member Attendance

55 members were present through Video Conference including shareholder speakers and the Chairman & Managing Director (who participated as a promoter).

Proceedings Summary

Chairman's Role

The meeting was chaired by Shri. Suresh Mohan Reddy Ch., Chairman & Managing Director, who confirmed quorum was present and delivered a speech on the overall industry scenario.

Financial and Operational Presentation

  • The Whole Time Director & CFO explained the company's financial and operational performance
  • Detailed initiatives to improve transparency in accounting through SAP implementation
  • Explained brand building initiatives undertaken by the company

Sales Initiatives Presentation

The Whole Time Director explained initiatives to increase sales through appointment of dealers and distributors.

Annual Report

The annual report was circulated to members and taken as read with their permission.

Voting Process and Methods

The Company Secretary informed members about the voting arrangements:

  • Remote e-voting period: 01st August 2026 (9:00 AM) to 04th August 2026 (5:00 PM)
  • E-voting provider: Bigshare Services Private Limited
  • Scrutinizer: M/s. VCSR & Associates, Company Secretaries appointed for remote e-voting and e-voting during AGM
  • Additional voting: Members who hadn't voted remotely could vote during the AGM
  • Post-meeting voting: E-voting remained available on BIGSHARE platform for 15 minutes after meeting closure

Proposed Resolutions

Ordinary Business:

1. To receive, consider, approve and adopt the Annual standalone audited financial statements for the year ended 31st March 2026 and Reports of Board of Directors and Auditors thereon

2. Appointment of Statutory Auditors of the Company

3. To appoint a director in place of Mr. Akarsh Reddy Chedepudi (DIN: 09859356) who retires by rotation and offers himself for re-appointment

Special Business:

4. To reappoint Ms. Ahlada Chedepudi (DIN: 09406784) as Whole Time Director of the Company

5. To Ratify the remuneration payable to Cost Auditors for the financial year 2026-2027

Member Interaction

Speaker shareholders were invited to express views and ask questions. The Managing Director and Whole Time Directors replied to queries raised by members.

Results Announcement

The results were scheduled to be announced on or before 07.08.2026 and notified to Stock Exchanges. Results would also be uploaded on the Company's website and Bigshare platform.

Compliance Confirmation

The proceedings were conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014 (as amended)
  • Regulation 44 of the SEBI (LODR) Regulations, 2015