Meeting Details

  • Date of Meeting: 13th November 2026
  • Type of Meeting: Extra Ordinary General Meeting (EGM)
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility pursuant to recent SEBI and MCA circulars
  • Record Date: 6th November 2026
  • Number of Shareholders on Record Date: 13,123

Proposed Resolutions and Implications

The EGM considered three special resolutions:

1. Re-appointment of Sri Y.S.R. Venkata Rao (DIN: 00345524) as Managing Director for a period of 3 years effective from 1st May 2027

2. Appointment of Mr. Y.V. Prashanth (DIN: 00345418) as Executive Director for a period of 3 years effective from 12th October 2026

3. Waiver of Recovery of Remuneration Paid to Mr. Y.V. Prashanth, Executive Director, pursuant to Section 197(10) of the Companies Act, 2013

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Open from 09:00 AM on 10th November 2026 to 05:00 PM on 12th November 2026
  • E-voting during the meeting: Conducted on 13th November 2026 for members who had not voted remotely
  • Service Provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: CS B. Venkatesh Babu, Practicing Company Secretary, appointed by the Board on 12th October 2026

Key Voting Outcomes

Resolution 1: Re-appointment of Y.S.R. Venkata Rao

  • Total Votes Cast: 69,46,793 shares (68.2228% of outstanding shares)
  • Votes in Favor: 69,46,743 shares (99.9993%)
  • Votes Against: 50 shares (0.0007%)
  • Invalid Votes: 0
  • Abstained Votes: 0

Resolution 2: Appointment of Y.V. Prashanth

  • Total Votes Cast: 69,46,793 shares (68.2228% of outstanding shares)
  • Votes in Favor: 69,46,743 shares (99.9993%)
  • Votes Against: 50 shares (0.0007%)
  • Invalid Votes: 0
  • Abstained Votes: 0

Resolution 3: Waiver of Recovery of Remuneration

  • Total Votes Cast: 69,46,793 shares (68.2228% of outstanding shares)
  • Votes in Favor: 69,46,722 shares (99.9990%)
  • Votes Against: 71 shares (0.0010%)
  • Invalid Votes: 0
  • Abstained Votes: 0

Participation Breakdown by Shareholder Category

  • Promoter and Promoter Group: 2 shareholders attended via video conference
  • Public: 89 shareholders attended via video conference
  • Total Shareholders Attended: 91 through video conference

Scrutinizer's Role and Findings

CS B. Venkatesh Babu was responsible for scrutinizing both the remote e-voting process and e-voting during the EGM. The scrutinizer confirmed:

  • The voting process was conducted in a fair and transparent manner
  • All registers and records were maintained in electronic form by CDSL
  • No invalid votes were cast in any resolution
  • The results were compiled from both remote e-voting and e-voting during the meeting

Compliance Confirmation

The company confirmed compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (LODR) Regulations, 2015
  • MCA and SEBI circulars for holding video conference meetings

Additional Information

  • Company CIN: L27109TG1968PLC001196
  • Total Outstanding Shares: 1,01,82,506
  • Manufacturing Focus: Sodium Amide, Sodium Alkoxides, Sodium Hydride, Sodium Azide, Tetrazoles, Amino Pyridines, Pyridine Derivatives, Cyclic Compounds, Fine Chemicals, Intermediates for pharmaceuticals and Active Pharmaceutical Ingredients