Meeting Details

  • Date: 23rd July, 2026
  • Type: 106th Annual General Meeting
  • Location: Conducted through Video Conferencing/Other Audio Visual Means (VC)

Proposed Resolutions and Implications

Five resolutions were considered at the AGM:

1. Ordinary Resolution: Adoption of Financial Statements for year ended March 31, 2026

2. Ordinary Resolution: Declaration of first and final dividend for FY2026

3. Ordinary Resolution: Re-appointment of Mr. Chemprol Raja Raja Varma (DIN: 00031924) who retires by rotation

4. Special Resolution: Re-Appointment of Mr. Rama Varma (DIN: 00031890) as Managing Director (promoter interested)

5. Special Resolution: Remuneration payable to Mr. Thalasseril Raghavankutty Radhakrishnan, Executive Director & CFO

Voting Process and Methods

  • Primary Method: E-voting exclusively used
  • Secondary Method: Remote voting facility available for those attending online
  • Physical Polling: No votes cast through physical polling
  • Postal Ballot: Not applicable for any resolution

Key Voting Outcomes

Resolution 1 - Adoption of Financial Statements

  • Total Votes Cast: 3,602,935 shares (100% of outstanding shares)
  • In Favor: 3,602,921 votes (99.9996%)
  • Against: 14 votes (0.0004%)
  • Promoter Participation: 3,579,222 shares voted (100% of promoter holdings)
  • Public Non-Institutions: 23,713 shares voted (100% of public non-institution holdings)

Resolution 2 - Dividend Declaration

  • Total Votes Cast: 3,602,935 shares (100% of outstanding shares)
  • In Favor: 3,602,921 votes (99.9996%)
  • Against: 14 votes (0.0004%)
  • Promoter Participation: 3,579,222 shares voted (100% of promoter holdings)
  • Public Non-Institutions: 23,713 shares voted (100% of public non-institution holdings)

Resolution 4 - Re-Appointment of Managing Director (Special Resolution)

  • Total Votes Cast: 3,602,935 shares (100% of outstanding shares)
  • In Favor: 3,602,921 votes (99.9996%)
  • Against: 14 votes (0.0004%)
  • Promoter Participation: 3,579,222 shares voted (100% of promoter holdings)
  • Public Non-Institutions: 23,713 shares voted (100% of public non-institution holdings)

Resolution 5 - Remuneration of Executive Director & CFO (Special Resolution)

  • Total Votes Cast: 3,602,935 shares (100% of outstanding shares)
  • In Favor: 3,602,921 votes (99.9996%)
  • Against: 14 votes (0.0004%)
  • Promoter Participation: 3,579,222 shares voted (100% of promoter holdings)
  • Public Non-Institutions: 23,713 shares voted (100% of public non-institution holdings)

Participation Breakdown by Shareholder Category

  • Promoter and Promoter Group: Held 3,579,222 shares (100% voted)
  • Public Institutions: Held 0 shares (no participation)
  • Public Non-Institutions: Held 23,713 shares (100% voted)
  • Total Outstanding Shares: 3,602,935 shares

Scrutinizer's Role and Findings

  • Scrutinizer: BVR & Associates Company Secretaries LLP (CS Yogindunath S, Designated Partner)
  • Findings: All venue votes were reconciled with company records and declared valid
  • Conclusion: All resolutions passed with requisite majority
  • Invalid Votes: Zero invalid votes across all resolutions

Compliance Confirmation

  • Compliance with Companies Act, 2013 and Companies (Management and Administration) Rules, 2014
  • Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All resolutions passed with required majority as per applicable laws

Additional Information

  • Company CIN: L74999KL1920PLC001389
  • Scrutinizer LLP Identification No: AAE-7079
  • All 14 opposing votes came from Public Non-Institution shareholders across multiple resolutions
  • No institutional public shareholders participated in the voting process