Meeting Details

The 39th Annual General Meeting of the Company was held on Tuesday, August 4, 2026, at 11:00 A.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) without physical presence of members at a common venue. The meeting was conducted in pursuance of MCA Circulars No. 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023, 09/2024, and 03/2025, and relevant SEBI circulars.

Proposed Resolutions and Implications

Three ordinary resolutions were proposed for shareholder approval:

1. Resolution No. 1: To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.

2. Resolution No. 2: To appoint a Director in place of Mr. Nithiyanandam Anandkumar (DIN: 10381096) who retires by rotation and being eligible, offers himself for reappointment.

3. Resolution No. 3: For ratification of remuneration payable to M/s. S. Mahadevan & Co., Cost Auditors of the Company.

Voting Process and Methods

The voting process utilized the facility offered by National Securities Depository Limited (NSDL). The remote e-voting commenced on Friday, July 31, 2026, at 09:00 A.M. (IST) and ended on Monday, August 3, 2026, at 05:00 P.M. (IST). Members who had not voted through remote e-voting were allowed to cast their votes through e-voting system during the AGM. The cut-off date for determining voting eligibility was Tuesday, July 28, 2026.

Key Voting Outcomes

Overall Participation

  • Total Number of Shareholders as on record date (July 28, 2026): 18,316
  • Number of Shareholders who voted: 52
  • Total votes cast across all resolutions: 1,34,68,314
  • Percentage of votes cast relative to outstanding shares: 75.328%

Resolution No. 1 - Adoption of Financial Statements

  • Number of members voting: 52
  • Total votes cast: 1,34,68,314
  • Votes in favor: 1,34,68,092 (99.998%)
  • Votes against: 222 (0.002%)
  • Result: PASSED with requisite majority

Resolution No. 2 - Reappointment of Director

  • Number of members voting: 52
  • Total votes cast: 1,34,68,314
  • Votes in favor: 1,34,67,900 (99.997%)
  • Votes against: 414 (0.003%)
  • Result: PASSED with requisite majority

Resolution No. 3 - Ratification of Cost Auditor Remuneration

  • Number of members voting: 52
  • Total votes cast: 1,34,68,314
  • Votes in favor: 1,34,67,920 (99.997%)
  • Votes against: 394 (0.003%)
  • Result: PASSED with requisite majority

Category-wise Voting Breakdown

Promoter Shareholding

  • Total shares held: 1,34,09,663
  • Votes polled: 1,34,09,663 (100.00% of shares held)
  • All promoter votes were cast in favor of all resolutions (100%)

Public-Institutions Shareholding

  • Total shares held: 56,799
  • Votes polled: 55,260 (97.290% of shares held)
  • All institutional votes were cast in favor of all resolutions (100%)

Public-Non-Institutions Shareholding

  • Total shares held: 44,13,089
  • Votes polled: 3,391 (0.077% of shares held)
  • For Resolution No. 2: 2,977 in favor (87.791%), 414 against (12.209%)
  • For Resolution No. 3: 2,997 in favor (88.381%), 394 against (11.619%)

Scrutinizer's Role and Findings

Mr. D. Saravanan, Practising Company Secretary (COP No. 22608), Designated Partner at Alagar & Associates LLP, was appointed as Scrutinizer by the Board of Directors vide Resolution dated May 11, 2026. The scrutinizer confirmed that:

  • The voting was conducted in a fair and transparent manner
  • The votes were unblocked in the presence of two witnesses (Ms. Rethika and Mr. Saravana Kumar) who are not employees of the company
  • All resolutions were duly approved by shareholders with requisite majority
  • The electronic data and relevant records will be handed over to the Company Secretary for safe keeping

Compliance Confirmation

The Company confirmed compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Relevant MCA and SEBI circulars regarding virtual AGMs

The Annual Report for FY 2025-26 and AGM Notice were submitted to the stock exchanges on July 9, 2026, as required under Regulation 34 of the Listing Regulations.

Additional Information

The notice of the 39th AGM was published in "Trinity Mirror" (English) and "Makkal Kural" (Tamil) on July 01, 2026. The meeting achieved requisite quorum throughout as confirmed by the Chairman, with members attending through VC/OAVM being counted for quorum purposes under Section 103 of the Companies Act, 2013.