Balaji Amines Limited held its 38th Annual General Meeting (AGM) on Friday, 10th July, 2026 at 12:00 Noon IST through Video Conference (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with MCA General Circular dated 22nd September, 2025 and SEBI Circular dated 3rd October, 2024, along with relevant provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Attendance

68 members were present at the AGM. The following individuals attended:

  • Mr. Ande Prathap Reddy (Executive Chairman, who chaired the meeting)
  • Mr. Dundurapu Ram Reddy (Managing Director)
  • Mr. Rajeshwar Reddy Nomula (Whole-time Director)
  • Mr. Ande Srinivas Reddy (Whole-time Director & CFO)
  • Dr. Suhasini Yatin Shah (Independent Director)
  • Dr. Uma Rajiv Pradhan (Independent Director)
  • Mr. Adabala Seshagiri Rao (Independent Director)
  • Mr. Abhijeet S. Kothadiya (Company Secretary & Compliance Officer)
  • Mr. Mohit Gurjar (Scrutinizer and Partner, M/s. P S Rao & Associates, Secretarial Auditors)
  • Mrs. Madhuri Chimalgi (Partner, M/s. M. Anandam & Co., Statutory Auditors)
  • Mr. M. V. Ranganath (Partner, M/s. M. Anandam & Co., Statutory Auditors)

Voting Process

The company provided remote e-voting facility to shareholders from Tuesday, 7th July, 2026 (9:00 AM IST) to Thursday, 9th July, 2026 (5:00 PM IST). Members who had not voted remotely could vote during the AGM and up to 15 minutes post-AGM through the NSDL platform. Mr. Mohit Gurjar was appointed as Scrutinizer to oversee the e-voting process.

Resolutions Approved

Ordinary Business:

1. Adoption of Audited Financial Statements including Audited Consolidated Financial Statements for the financial year ended 31st March, 2026, along with Reports of Board of Directors and Auditors

2. Declaration of dividend of ₹11 per Equity Share for the Financial Year 2025-26

3. Re-appointment of Mr. Ande Srinivas Reddy (DIN: 03169721) as Whole-time Director, who retired by rotation

Special Business:

4. Ratification of Remuneration to Cost Auditors for the Financial Year 2026-27

Financial Reporting

The Auditor's report on the Financial Statements and Secretarial Auditors Report for the financial year ended 31st March, 2026 did not contain any qualifications, observations, comments, or other remarks.

Meeting Proceedings

The Chairman provided an overview of the company's performance and future outlook. Shareholders registered as speaker shareholders had the opportunity to express views and ask questions, which were responded to by Mr. Dundurapu Ram Reddy, Managing Director.

Meeting Duration

The AGM commenced at 12:00 Noon and concluded at 12:35 PM.