Meeting Details

  • Date: Friday, September 18, 2026
  • Time: 3:00 PM to 3:50 PM
  • Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Type of Meeting: 35th Annual General Meeting
  • Members Present: 84 members attended through video conferencing

Meeting Proceedings

Dr. Avinash Chander, Chairman of the Company, presided over the meeting and confirmed requisite quorum was present. The Chairman welcomed members, directors, statutory auditor, secretarial auditor, and key executives. The Notice of the 35th AGM, Statutory Auditor's Report, and Secretarial Auditors Report were taken as read, with both reports being unqualified and without adverse observations.

The Chairman delivered a speech and invited members to raise queries regarding financial statements and reports for FY 2025-26. Management addressed questions on:

  • Company's outlook and future business prospects
  • Orders in the pipeline
  • AI initiatives
  • Supply chain management issues
  • R&D expenditure and company performance
  • Issue of bonus shares

Queries were answered by Managing Director Mr. S. Gurunatha Reddy and Joint Managing Director Dr. M. V. Reddy to shareholders' satisfaction.

Voting Process

  • Method: E-voting facility provided pursuant to Section 108 of Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014
  • E-voting period: September 14, 2026 (9:30 AM IST) to September 17, 2026 (5:00 PM IST)
  • Scrutinizer: Mr. L.D. Reddy, Practicing Company Secretary, appointed to conduct the voting process
  • Additional voting: Members who hadn't voted via e-voting were instructed to cast votes during the AGM
  • E-voting extension: Kept open for 15 minutes after the meeting to enable voting

Proposed Resolutions

The following agenda items were presented for voting:

Ordinary Business

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Auditors

3. Re-appointment of Mr. Atim Kabra (DIN: 00003366) as Director retiring by rotation

4. Ratification of Cost Auditors' Remuneration

5. Revision in Remuneration of Mr. Atim Kabra, Whole-time Director (Director - Strategy and Business Development)

6. Approval of Material Related Party Transactions with Astra Rafael Comsys Private Limited (Joint Venture Company) for FY 2026-2027

Special Business

7. Re-designation of Dr. M. V. Reddy (DIN: 00421401) from Joint Managing Director to Managing Director

8. Approval for Payment of Cash Compensation to Mr. S. Gurunatha Reddy (DIN: 00003828), Managing Director

Voting Results Announcement

The results of remote e-voting and e-voting during the AGM were scheduled to be announced within 48 hours after conclusion of the AGM (by September 20, 2026). Results will be available on BSE and NSE websites, company website, and CDSL website.

Compliance and Signatories

  • Date signed: September 18, 2026 at 17:48:44 +05:30

The document confirms compliance with applicable regulations including SEBI LODR Regulations and Companies Act provisions.