Meeting Details

The 40th Annual General Meeting was held on Wednesday, 12 August 2026 at 11:00 A.M. (IST) through video conference/other Audio-Visual Means (OAVM). The meeting concluded at 11:36 A.M. The cut-off date for determining shareholders eligible to vote was 5 August 2026.

Voting Process

Remote e-voting was open from Sunday, 9 August 2026 at 9:00 A.M. IST to Tuesday, 11 August 2026 at 5:00 P.M. IST. Electronic voting at the AGM was available until 11:51 A.M. on 12 August 2026, with the voting window extended by 15 minutes after the meeting conclusion for shareholder convenience.

Resolution Voting Results

Ordinary Resolutions:

1. Adoption of Financial Statements: To receive, consider and adopt the audited balance sheet as at 31 March 2026, statement of profit and loss for the year ended on that date, cash flow statement, notes, directors' report and auditors' report.

  • Total votes: 107,300,921
  • Votes in favor: 107,300,861 (99.9999%)
  • Votes against: 60 (0.0001%)
  • RESULT: PASSED

2. Re-appointment of Director: To appoint Mr. Nadimpalli Vishal (retiring by rotation) as director.

  • Total votes: 107,300,921
  • Votes in favor: 107,299,296 (99.9985%)
  • Votes against: 1,625 (0.0015%)
  • RESULT: PASSED

3. Appointment of Secretarial Auditors: To appoint M/s. Vivek Surana & Associates as secretarial auditors for up to 5 consecutive years.

  • Total votes: 107,300,921
  • Votes in favor: 107,300,361 (99.9994%)
  • Votes against: 560 (0.0005%)
  • RESULT: PASSED

Special Resolutions:

4. Company Name Change: To change the name of the company and consequent alteration of articles of association and memorandum of association.

  • Total votes: 107,300,921
  • Votes in favor: 107,294,271 (99.9938%)
  • Votes against: 6,650 (0.0062%)
  • RESULT: PASSED

5. Related Party Loan Ratification: Ratification of the loan given to Pasura Xpress LLP, a related party.

  • Total votes: 107,300,921
  • Votes in favor: 107,300,300 (99.9994%)
  • Votes against: 621 (0.0006%)
  • RESULT: PASSED

6. Waiver of Excess Remuneration - Mr. Pabbathi Badari Narayana Murthy: Approval of waiver of recovery of excess managerial remuneration paid for FY 2025-26.

  • Total votes: 107,300,921
  • Votes in favor: 107,293,280 (99.9929%)
  • Votes against: 7,641 (0.0071%)
  • RESULT: PASSED

7. Waiver of Excess Remuneration - Mr. Nadimpalli Vishal: Approval of waiver of recovery of excess managerial remuneration paid for FY 2025-26.

  • Total votes: 107,300,921
  • Votes in favor: 107,293,280 (99.9929%)
  • Votes against: 7,641 (0.0071%)
  • RESULT: PASSED

8. Remuneration Increase - Mr. Pabbathi Badari Narayana Murthy: Increase in remuneration of Whole-time director.

  • Total votes: 107,300,921
  • Votes in favor: 107,292,915 (99.9925%)
  • Votes against: 8,006 (0.0075%)
  • RESULT: PASSED

9. Remuneration Increase - Mr. Nadimpalli Vishal: Increase in remuneration of Whole-time director.

  • Total votes: 107,300,921
  • Votes in favor: 107,293,165 (99.9927%)
  • Votes against: 7,756 (0.0073%)
  • RESULT: PASSED

10. Remuneration Increase - Mr. Dathvik Pabbathi: Increase in remuneration of Whole-time director.

  • Total votes: 107,300,921
  • Votes in favor: 107,292,925 (99.9925%)
  • Votes against: 7,996 (0.0075%)
  • RESULT: PASSED

Scrutinizer Details

M/s. Vivek Surana & Associates were appointed as scrutinizers to ensure fair and transparent voting process. The e-voting results were unblocked on 12 August 2026 after 15 minutes of the AGM conclusion in the presence of two independent witnesses: Nandini Bang and Bhavika Samderiya.