Meeting Details

The 41st Annual General Meeting was held on Monday, August 10, 2026 at 3:00 PM IST through Video Conference/Other Audio-Visual Means. The meeting was conducted in compliance with circulars issued by Ministry of Corporate Affairs and SEBI, along with applicable provisions of the Companies Act, 2013.

Attendance

Directors and Key Managerial Personnel Present:

  • Mr. Jayadev Galla - Chairman, Managing Director & CEO; Chairman of Corporate Social Responsibility Committee; Member of Stakeholders' Relationship Committee
  • Mr. Harshavardhana Gourineni - Executive Director; Member of Stakeholders' Relationship Committee
  • Mr. Vikramadithya Gourineni - Executive Director; Member of Stakeholders' Relationship Committee
  • Mr. Annush Ramasamy - Independent Director; Chairman of Nomination and Remuneration Committee and Stakeholders' Relationship Committee; Member of Audit Committee, Risk Management Committee and Corporate Social Responsibility Committee
  • Dr. Amar Patnaik - Independent Director; Chairman of Audit Committee and Risk Management Committee; Member of Nomination and Remuneration Committee, Corporate Social Responsibility Committee
  • Ms. Radhika Shapoorjee - Independent Director; Member of Audit Committee, Nomination and Remuneration Committee & Risk Management Committee
  • Mr. Delli Babu Y - Chief Financial Officer
  • Mr. Vikas Sabharwal - Company Secretary

The Joint Statutory Auditors and Secretarial Auditor of the Company were also present at the meeting.

Proceedings Summary

Mr. Vikas Sabharwal, Company Secretary, welcomed members and confirmed requisite quorum was present. All required registers and documents were available for electronic inspection. The Chairman and Executive Directors addressed the members.

The notice convening the 41st AGM was taken as read. The Joint Statutory Auditors' Report and Secretarial Audit Report were noted to contain no qualifications, observations, or adverse remarks and were taken as read.

Voting Process

  • Remote e-voting facility was provided through National Securities Depository Limited (NSDL)
  • Remote e-voting period: August 06, 2026 (9:00 AM IST) to August 09, 2026 (5:00 PM IST)
  • E-voting during AGM remained active for 15 minutes after meeting conclusion
  • Mr. R. Sridharan of M/s R. Sridharan & Associates, Company Secretaries was appointed as Scrutinizer

Resolutions Voted On

Ordinary Business:

1. Adoption of audited Financial Statements (standalone and consolidated) for FY ended March 31, 2026, reports of Joint Statutory Auditors, and Board of Directors report (Ordinary resolution)

2. Confirmation of payment of interim dividend and declaration of final dividend of ₹5.20 per share for FY ending March 31, 2026 (Ordinary resolution)

3. Re-appointment of Mr. Harshavardhana Gourineni (DIN: 07311410) who retires by rotation (Ordinary resolution)

Special Business:

4. Re-appointment of Mr. Harshavardhana Gourineni (DIN: 07311410) as Executive Director w.e.f June 12, 2026 and fixation of remuneration (Ordinary resolution)

5. Approval of payment of remuneration to Mr. Harshavardhana Gourineni pursuant to Listing Regulations (Special Resolution)

6. Re-appointment of Mr. Vikramadithya Gourineni (DIN: 03167659) as Executive Director w.e.f June 12, 2026 and fixation of remuneration (Ordinary resolution)

7. Approval of payment of remuneration to Mr. Vikramadithya Gourineni pursuant to Listing Regulations (Special Resolution)

8. Ratification of remuneration payable to Cost Auditors for FY27 (Ordinary resolution)

Shareholder Interaction

Registered speaker shareholders were invited to put forth views/remarks or queries. The Chairman, Executive Directors, Chairman of Nomination & Remuneration Committee, CFO, and Company Secretary answered queries raised by shareholders and those received before the AGM.

Meeting Conclusion

The meeting concluded at 16:52 IST (including time allowed for e-voting at AGM). The outcome of AGM will be submitted to stock exchanges and made available on the company website and NSDL e-voting platform.