Meeting Details

  • Date: Friday, 13th November 2026
  • Time: 11:04 A.M. to 11:27 A.M. (IST)
  • Location: Conducted through Video Conferencing and Other Audio-Visual Means (VC/OAVM)
  • Type: Extraordinary General Meeting

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 Company provided two voting methods:

  • Remote e-voting: Available from 9:00 A.M. (IST) on 10th November 2026 until 5:00 P.M. (IST) on 12th November 2026
  • E-voting during EGM: Available to Members who were eligible to vote and had not cast their votes through remote e-voting

Key Voting Outcomes

The document states that the consolidated voting results, comprising votes cast through remote e-voting and e-voting during the EGM, together with the Scrutinizer's Report, will be declared within the prescribed time. The results were not available at the time of this disclosure but will be:

  • Submitted to the Stock Exchanges and other applicable statutory authorities
  • Placed on the Company's website
  • Made available in accordance with the Act and SEBI Listing Regulations

Scrutinizer's Role

Mr. B. Venkatesh Babu, Practising Company Secretary, served as the Scrutinizer for the EGM. His report and findings will be disclosed along with the voting results.

Compliance Confirmation

The EGM was conducted in accordance with the applicable provisions of:

  • Companies Act, 2013 and rules made thereunder
  • SEBI Listing Regulations
  • Relevant circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI

Attendance

Directors in Attendance:

  • Dr. J.S. Yadav, Chairman of the Board
  • Sri Y.S.R. Venkata Rao, Managing Director
  • Sri K.V. Suryaprakash Rao, Independent Director and Chairman of Audit Committee and Nomination and Remuneration Committee
  • Sri G. Jayaraman, Director and Chairman of Stakeholders Relationship Committee
  • Sri Sivarama Prasad Bhamidi, Independent Director
  • Dr. A.R. Prasad, Director
  • Mr. Y.V. Prashanth, Executive Director

Other Attendees:

  • Mr. J. Venkateswarlu, Statutory Auditor
  • Mr. B. Venkatesh Babu, Practising Company Secretary and Scrutinizer
  • Mrs. Gayathri Kesavarapu, Chief Financial Officer
  • Mr. Siddharth Dubey, Company Secretary

Notice and Documentation

The Notice of the EGM dated 12th October 2026, together with the Explanatory Statement, was circulated electronically on 21st October 2026 to all eligible Members whose email addresses were registered with the Company or the depositories.

Members Participation

56 members were present at the commencement of the meeting, constituting the requisite quorum. Members who had registered in advance as speakers were provided an opportunity to address the meeting. The speakers expressed support for the proposed resolutions, particularly those concerning the appointment of the Executive Director and Managing Director. No queries were raised by the registered speakers.