Meeting Details

The 32nd Annual General Meeting was held on Friday, 28 August 2026, from 10:30 AM to 11:00 AM IST through Video Conference/Other Audio Visual Means. The record date was 21 August 2026, with 9,170 total shareholders on record.

Shareholder Participation

  • Promoters and Promoter Group: 8 shareholders attended via video conferencing
  • Public: 59 shareholders attended via video conferencing
  • No shareholders were present in person or through proxy

Scrutinizer Appointment

M/s. S.S. Reddy & Associates, Practicing Company Secretaries (S. Sarweswara Reddy, Membership No. 12619) were appointed as scrutinizers at the Board Meeting held on 17 July 2026. The scrutinizer report was issued to the company on 28 August 2026.

Voting Results Summary

All five resolutions set out in the AGM notice were duly approved by members with requisite majority:

Resolution 1: Ordinary Resolution - Approval of Financial Statements

  • Description: To receive, consider, approve and adopt the Audited Financial Statements (Standalone & Consolidated) for year ended March 31, 2026, including balance sheet, statement of profit & loss, cash flow statement, and reports of Board of Directors and Auditors
  • Total votes polled: 29,86,897 (17.1877% of outstanding 1,73,78,100 shares)
  • Votes in favor: 29,86,158 (99.9753% of votes polled)
  • Votes against: 739 (0.0247% of votes polled)
  • Result: Passed

Resolution 2: Ordinary Resolution - Re-appointment of Director

  • Description: To appoint Dr. Yaramati Avinash (DIN: 09804102) who retires by rotation and offers himself for re-appointment
  • Total votes polled: 29,86,897 (17.1877% of outstanding shares)
  • Votes in favor: 29,85,555 (99.9551% of votes polled)
  • Votes against: 1,342 (0.0449% of votes polled)
  • Result: Passed

Resolution 3: Ordinary Resolution - Re-appointment of Statutory Auditors

  • Description: To consider and approve the re-appointment of M/s. M. V. Chartered Accountants (Vijaya Kumar & Co.) as Statutory Auditors
  • Total votes polled: 29,86,897 (17.1877% of outstanding shares)
  • Votes in favor: 29,86,158 (99.9753% of votes polled)
  • Votes against: 739 (0.0247% of votes polled)
  • Result: Passed

Resolution 4: Special Resolution - Re-appointment of Whole-Time Director

  • Description: Re-appointment of Mr. Bala Subramanyam Vanapalli (DIN: 06399503) as Whole-Time Director
  • Total votes polled: 29,86,897 (17.1877% of outstanding shares)
  • Votes in favor: 29,85,555 (99.9551% of votes polled)
  • Votes against: 1,342 (0.0449% of votes polled)
  • Result: Passed

Resolution 5: Special Resolution - Performance Bonus Approval

  • Description: Approval for payment of Performance Bonus to Mr. Bala Subramanyam Vanapalli, Whole Time Director (DIN:06399503) for financial year 2025-2026
  • Total votes polled: 29,86,897 (17.1877% of outstanding shares)
  • Votes in favor: 29,85,555 (99.9551% of votes polled)
  • Votes against: 1,342 (0.0449% of votes polled)
  • Result: Passed

Voting Process Details

The remote e-voting was opened on Tuesday, 25 August 2026 at 9:00 AM IST and closed on Thursday, 27 August 2026 at 5:00 PM IST. The voting window remained open during the AGM on 28 August 2026 until 11:15 AM (15 minutes after meeting conclusion).

The e-voting results were unblocked on 28 August 2026 after 15 minutes of the AGM conclusion in the presence of two independent persons who are not employees of the company.

Distribution of Votes

Breakdown of votes by category across all resolutions:

  • Promoter and Promoter Group: 98,24,783 shares (56.52% of total), 24,41,720 votes polled (24.8527% of their holding)
  • Public Institutions: 0 shares, 0 votes polled
  • Public Non-Institutions: 75,53,317 shares (43.48% of total), 5,45,177 votes polled (7.2177% of their holding)