Meeting Details

  • Type of Meeting: 18th Annual General Meeting (AGM)
  • Date: Monday, 28 September 2026
  • Time: 11:30 AM to 01:26 PM
  • Mode: Video Conferencing (VC)
  • Record Date: 21 September 2026
  • Total Shareholders on Record Date: 13,7676

Proposed Resolutions and Implications

Five resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended 31 March 2026, together with the Reports of the Board of Directors and the Auditors thereon

2. Ordinary Resolution: To appoint a director in place of Mr. T J Wilson (DIN: 02135108), who retires by rotation and being eligible, offers himself for re-appointment

3. Ordinary Resolution: To ratify the remuneration payable to the Cost Auditors for the financial year ending 31 March 2027

4. Special Resolution: To increase the limits of the Company under Section 185 of the Companies Act, 2013

5. Special Resolution: To increase the limits of the Company under Section 186 of the Companies Act, 2013

Voting Process and Methods

  • Remote e-Voting Period: Friday, 25 September 2026 at 09:00 AM to Sunday, 27 September 2026 at 05:00 PM
  • e-Voting at AGM: Facilitated for members who could not participate in remote e-voting
  • Voting Agency: National Securities Depository Limited (NSDL)
  • Scrutinizer: Rajiv Balakrishnan, Director of Beyond Compliance Corporate Services Private Limited, appointed by Board resolution dated 5 August 2026

Key Voting Outcomes

Resolution 1 (Ordinary - Financial Statements)

  • Total Votes Cast: 782,147,373 (89.7295% of outstanding shares)
  • In Favor: 782,147,111 votes (100% of votes polled)
  • Against: 262 votes (0% of votes polled)
  • Result: Passed

Resolution 2 (Ordinary - Director Re-appointment)

  • Total Votes Cast: 785,310,493 (90.0924% of outstanding shares)
  • In Favor: 745,631,392 votes (94.9473% of votes polled)
  • Against: 39,679,101 votes (5.0527% of votes polled)
  • Result: Passed

Resolution 3 (Ordinary - Cost Auditor Remuneration)

  • Total Votes Cast: 785,288,108 (90.0898% of outstanding shares)
  • In Favor: 785,266,757 votes (99.9973% of votes polled)
  • Against: 21,351 votes (0.0027% of votes polled)
  • Result: Passed

Resolution 4 (Special - Section 185 Limits)

  • Total Votes Cast: 785,310,476 (90.0924% of outstanding shares)
  • In Favor: 739,707,598 votes (94.193% of votes polled)
  • Against: 45,602,878 votes (5.807% of votes polled)
  • Result: Passed (met 3x requirement for special resolution)

Resolution 5 (Special - Section 186 Limits)

  • Total Votes Cast: 785,310,476 (90.0924% of outstanding shares)
  • In Favor: 739,795,591 votes (94.2042% of votes polled)
  • Against: 45,514,885 votes (5.7958% of votes polled)
  • Result: Passed (met 3x requirement for special resolution)

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares Held: 473,234,251
  • Participation: 100% voted in all resolutions
  • Voting Pattern: Unanimously in favor of all resolutions

Public Institutions

  • Shares Held: 295,708,707
  • Participation: 87.78%-88.85% across resolutions
  • Invalid Votes: 4,387,862 across all resolutions

Public Non-Institutions

  • Shares Held: 102,729,481
  • Participation: ~48.03% across resolutions
  • Invalid Votes: 20,289,491 across all resolutions

Scrutinizer's Role and Findings

Rajiv Balakrishnan was appointed as Scrutinizer to scrutinize the remote e-Voting and e-Voting at the AGM in a fair and transparent manner. The counting process was conducted on 28 September 2026 at 01:26 PM in the presence of two witnesses (Mr. Santhanakrishnan Visweswaran and Ms. Niweditha G). The scrutinizer confirmed that all resolutions were passed with requisite majority based on the reports generated from NSDL's e-Voting system.

Compliance with Laws and Regulations

The Company confirmed compliance with:

  • Regulation 30 and 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI Master Circular dated 30 January 2026
  • MCA guidelines for holding general meetings through e-Voting

Additional Information

  • The Integrated Annual Report 2025-26 together with Business Responsibility and Sustainability Report was made available on the company's website
  • Advertisements were published in Financial Express (English) and Andhra Jyothi (Telugu) newspapers on 2nd and 5th September 2026
  • Notice of AGM was dispatched by email to registered members and hosted on company and stock exchange websites