Balaji Amines Limited held its 38th Annual General Meeting (AGM) on Friday, 10th July 2026 at 12:00 Noon IST through Video Conference/Other Audio Visual Means (VC/OAVM). The meeting was conducted in compliance with MCA General Circular dated 22nd September 2025 and SEBI Circular dated 3rd October 2024.

Voting Process Details

The company provided remote e-voting facility to members from Tuesday, 7th July 2026 (9:00 AM IST) to Thursday, 9th July 2026 (5:00 PM IST). Additional e-voting was available during the AGM until 15 minutes after its conclusion. Mr. Mohit Gurjar, Partner of M/s P S Rao & Associates, Company Secretaries Hyderabad, was appointed as Scrutinizer to conduct the voting process.

Record date for the AGM was 3rd July 2026 with 113,980 total shareholders. Attendance included 16 promoters/promoter group members and 52 public shareholders through video conferencing.

Resolutions Passed

All four resolutions were passed with requisite majority:

Ordinary Business:

1. Adoption of Audited Financial Statements including Audited Consolidated Financial Statements for FY ended 31st March 2026 and Reports of Board of Directors and Auditors

  • Total votes polled: 23,427,581 shares (72.3051% of outstanding)
  • Votes in favor: 23,427,485 shares (99.9996% of votes polled)
  • Votes against: 96 shares (0.0004% of votes polled)

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

  • Total votes polled: 23,428,463 shares (72.3078% of outstanding)
  • Votes in favor: 23,428,367 shares (99.9996% of votes polled)
  • Votes against: 96 shares (0.0004% of votes polled)

3. Re-appointment of Mr. Ande Srinivas Reddy (DIN: 03169721) as Whole-time Director

  • Total votes polled: 19,771,317 shares (61.0207% of outstanding)
  • Votes in favor: 19,771,185 shares (99.9993% of votes polled)
  • Votes against: 132 shares (0.0007% of votes polled)

Special Business:

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

  • Total votes polled: 23,428,463 shares (72.3078% of outstanding)
  • Votes in favor: 23,428,107 shares (99.9985% of votes polled)
  • Votes against: 356 shares (0.0015% of votes polled)

Scrutinizer's Report Details

The scrutinizer's report dated 13th July 2026 provided consolidated voting results:

  • Resolution 1: 234,274,85 votes in favor (99.99%), 96 votes against (0.01%)
  • Resolution 2: 234,283,67 votes in favor (99.99%), 96 votes against (0.01%)
  • Resolution 3: 197,711,85 votes in favor (99.75%), 49,532 votes against (0.25%)
  • Resolution 4: 234,281,07 votes in favor (99.99%), 356 votes against (0.01%)

The report confirmed that all resolutions were passed with requisite majority and that the e-voting process was conducted in a fair and transparent manner.