Meeting Details

The 14th Annual General Meeting was held on Thursday, 17th September 2026 at 10:00 AM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with the provisions of the Companies Act, 2013 and Rules made thereunder, and in accordance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

The meeting concluded at 10:45 AM (IST).

Attendance

Directors in Attendance:

  • Mr. Satyanarayana Murthy Karuturi - Executive Chairman (DIN: 05107525)
  • Mr. Karuturi Subrahmanya Chowdary - Managing Director
  • Ms. Karuturi Neelima Devi - Whole Time Director
  • Ms. Deepthi Talluri - Independent Woman Director
  • Mr. Raghavulu Naidu - Independent Director and Chairman of Stakeholder Relationship Committee
  • Mr. Govindareddy Krishnamoorthy - Independent Director and Chairperson of Audit Committee and Nomination and Remuneration Committee
  • Ms. Swathi Billuri - Company Secretary

Other Representatives:

  • Mr. P. Ranga Ramanujam - Representative of Statutory Auditors
  • Mr. Arun Marepally - Secretarial Auditors and Scrutinizers
  • Mr. A S Ramkumar - Consultant Company Secretary

The Chairman of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were present at the meeting.

Business Transacted

Ordinary Business:

1. Adoption of Audited Financial Statements for FY 2025-26 together with reports of Board of Directors and Auditors - Ordinary Resolution

2. Declaration of final dividend of ₹2.50 (25%) per equity share of ₹10 each for FY 2025-26 - Ordinary Resolution

3. Re-appointment of Mr. Satyanarayana Murthy (DIN: 05107525) who retires by rotation - Ordinary Resolution

Voting Process

The company provided members with facility to cast votes electronically on all resolutions. Members present at the meeting who had not cast votes electronically were provided opportunity to cast votes through e-voting till 12:00 Noon.

Mr. Arun Marepally, representing M/s. A.S. Ramkumar & Associates, Practicing Company Secretaries, was appointed as scrutinizer to process e-voting results and submit the report.

Additional Information

The statutory auditors issued an unqualified audit report for FY 2025-26 financial statements.

The e-voting results along with scrutinizer's report were to be announced within 2 working days of conclusion of AGM and submitted to both NSE and BSE stock exchanges, and uploaded on company's website www.apexfrozenfoods.in.

The Chairman provided operational briefing for FY 2025-26 and the Managing Director addressed shareholder queries during the meeting.