Meeting Details

  • Date: Thursday, 13th August 2026
  • Time: 10:30 AM to 11:45 AM (IST)
  • Location: Conducted through Video Conference (VC) / Other Audio-Visual Means (OAVM)
  • Type of Meeting: Annual General Meeting (AGM)

Attendees

Board of Directors Present (via Video Conferencing)

  • Mr. Apparao V Mallavarapu - Chairman & Managing Director (from Registered and Corporate Office)
  • Mr. Nikhil Mallavarapu - Joint Managing Director
  • Ms. Tanya Mallavarapu - Non-Executive Director
  • Mr. Ramesh Ramadurai - Independent Director (from Chennai)
  • Ms. V Kavitha Dutt - Independent Director (from Chennai)
  • Mr. Tarun Sawhney - Independent Director (from Delhi)
  • Dr. Udayant Malhoutra - Independent Director (from London)

Key Managerial Personnel in Attendance

  • Mr. Sundararajan Parthasarathy - Chief Financial Officer (from Registered & Corporate office, Bangalore)
  • Ms. Indu H S - Company Secretary (from Registered & Corporate office, Bangalore)

Attendees by Invitation

  • Mr. Navin Agarwal - Partner of S.R. Batliboi & Associates LLP, Statutory Auditors
  • Mr. K Rajshekar - Secretarial Auditor
  • Mr. S P Nagarajan - Scrutinizer

Shareholder Participation

A total of 55 Shareholders were present at the meeting through Video Conferencing facility.

Proceedings Summary

The meeting commenced with the National Anthem. The Company Secretary welcomed members, introduced the Board and officials, and explained the mode of conduct and availability of statutory documents for inspection.

The Chairman declared requisite quorum present and delivered an address highlighting the Company's performance, key initiatives, and outlook. He confirmed that Statutory Registers were available for electronic inspection and that the Annual Report for FY 2025-26 had been circulated to members who registered their email addresses.

A Q&A session was conducted where shareholder queries were addressed by the Chairman, with inputs from Mr. Sundararajan Parthasarathy (CFO) and Mr. Nikhil Mallavarapu (Joint Managing Director).

Voting Process and Methods

The facility of remote e-voting and e-voting at the AGM was provided in accordance with the Companies Act, 2013 and SEBI Listing Regulations. Mr. S P Nagarajan, Practicing Company Secretary, was appointed as Scrutinizer to report on combined voting results of remote e-voting and instapoll.

The instapoll facility was kept open for 15 minutes post conclusion of the meeting to enable members who hadn't exercised votes in remote e-voting to cast their vote electronically.

Resolutions Transacted and Outcomes

All resolutions were passed with requisite majority as Ordinary Resolutions:

1. Item 1: Financial Statements and Reports thereon for the financial year ended 31st March, 2026 - Passed via Instapoll & E-Voting

2. Item 2: Adoption of Consolidated Financial Statements and Reports thereon for the financial year ended 31st March, 2026 - Passed via Instapoll

3. Item 3: Declaration of final Dividend of ₹5 per equity Share (50%) of ₹10 each for FY ended 31st March 2026 - Passed via E-Voting & Instapoll

4. Item 4: Re-appointment of Ms. Tanya Mallavarapu (DIN: 01728446) who retires by rotation - Passed via E-Voting & Instapoll

5. Item 5: Approval of remuneration payable to M/s K.S. Kamalakara & Co., Cost Accountants, as Cost Auditors for FY 2026-27 - Passed via E-Voting & Instapoll

Compliance and Results Announcement

The Chairman informed members that results would be announced within two working days and filed with Stock Exchanges and uploaded on the company website.