Voting Process Details
The company provided remote e-voting facility to shareholders from 25 August 2026 (9:00 AM) to 27 August 2026 (5:00 PM). E-voting was also available for shareholders present at the AGM who had not cast votes through remote e-voting. The Board of Directors appointed Sri Ramchandar R, Practicing Company Secretary, Coimbatore as scrutinizer for overseeing the voting process.
Shareholder Participation
Total shareholders on record date (21 August 2026): 6,899
Shareholders present in meeting (in person or through proxy): 0
Shareholders attended through video conferencing: 69 (Promoters and promoter group: 7, Public: 62)
Resolution Voting Results
All six resolutions were passed:
Resolution 1 - Adoption of Audited Financial Statements
- Type: Ordinary Resolution
- Votes in favor: 4,012,244 (100% of valid votes)
- Votes against: 1 (0% of valid votes)
- Invalid votes: 0
- Result: PASSED
Resolution 2 - Declaration of Final Dividend
- Type: Ordinary Resolution
- Dividend: Rs. 2.20 per share (22% on face value of Rs. 10)
- Shares: 6,750,000 equity shares of Rs. 10 each
- Record date: 21 August 2026
- Votes in favor: 4,012,244 (100% of valid votes)
- Votes against: 1 (0% of valid votes)
- Invalid votes: 0
- Result: PASSED
Resolution 3 - Re-appointment of Director
- Type: Ordinary Resolution
- Director: Sri. N. Radhakrishnan (DIN: 00390913)
- Votes in favor: 4,012,144 (99.9975% of valid votes)
- Votes against: 101 (0.0025% of valid votes)
- Invalid votes: 0
- Result: PASSED
Resolution 4 - Re-appointment of Managing Director
- Type: Ordinary Resolution
- Director: Sri. R. Premchander (DIN: 00390795)
- Term: 5 years effective from 01 September 2026
- Remuneration: Salary of Rs. 60,000 per month, telephone facility, other benefits as per company rules
- Commission: Up to 5.5% of net profits as computed under Companies Act, 2013
- No sitting fees for board/committee meetings
- Votes in favor: 4,012,143 (99.9975% of valid votes)
- Votes against: 102 (0.0025% of valid votes)
- Invalid votes: 0
- Result: PASSED
Resolution 5 - Re-appointment of Whole Time Director
- Type: Ordinary Resolution
- Director: Sri. R. Jaichander (DIN: 00390836)
- Term: 5 years effective from 01 December 2026
- Remuneration: Salary of Rs. 60,000 per month, telephone facility, other benefits as per company rules
- Commission: Up to 5.5% of net profits as computed under Companies Act, 2013
- No sitting fees for board/committee meetings
- Votes in favor: 4,012,143 (99.9975% of valid votes)
- Votes against: 102 (0.0025% of valid votes)
- Invalid votes: 0
- Result: PASSED
Resolution 6 - Ratification of Cost Auditor Remuneration
- Type: Ordinary Resolution
- Auditor: Sri. M. Nagarajan, Practicing Cost Accountant (Firm No: 000088)
- Period: Financial year 2026-27
- Remuneration: Rs. 40,000 plus applicable GST
- Votes in favor: 4,012,144 (99.9975% of valid votes)
- Votes against: 101 (0.0025% of valid votes)
- Invalid votes: 0
- Result: PASSED
Scrutinizer Details
- Name: R. Ramchandar, B.Com, FCS, LLB
- Firm: R. Ramchandar & Associates
- Membership Number: 10097
- Date of Board Meeting appointment: 27 July 2026
- Date of report issuance: 28 August 2026