Meeting Details
- Date: Friday, 24th July, 2026
- Time: 3:00 p.m. IST
- Location: Conducted through Video Conferencing/Other Audio Visual Means without physical presence
- Type: Annual General Meeting
- Deemed Location: Registered Office of the Company at ONE UNITY CENTER, Unit Nos. 1504-1508, Senapati Bapat Marg, Prabhadevi, Mumbai – 400013
Compliance Framework
The meeting was conducted in compliance with:
- Ministry of Corporate Affairs Circulars: General Circular Nos. 14/2020, 17/2020, 20/2020 and subsequent circulars including latest General Circular No. 03/2025 dated 22nd September 2025
- SEBI Circulars: Dated 12th May, 2020 and subsequent circulars including latest circular dated 3rd October 2024
- Companies Act, 2013 provisions
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Attendance
- 83 Members attended through VC/OAVM facility
- Mr. Vellayan Subbiah, Chairman of the Board, presided over the meeting
- Statutory Auditors, Secretarial Auditors, and Scrutinizer were present
- Independent Directors Mr. Mammen Chally and Mrs. Vijayalakshmi R Iyer could not join due to personal reasons
Resolutions Transacted
Ordinary Business:
- Item 1: Adoption of Standalone Financial Statements for FY ended 31st March, 2026
- Item 2: Adoption of Consolidated Financial Statements for FY ended 31st March, 2026
- Item 3: Confirmation of Interim Dividend of ₹1.30 per Equity Share of ₹2 each for FY 2025-26
- Item 4: Re-appointment of Mr. Vellayan Subbiah as Director retiring by rotation
Special Business:
- Item 5: Ordinary Resolution for Ratification of remuneration payable to Cost Auditor for FY ending 31st March 2027
Voting Process
- Method: Electronic voting through NSDL platform
- Remote e-voting period: Monday, 20th July 2026 at 9:00 a.m. IST to Thursday, 23rd July 2026 at 5:00 p.m. IST
- Voting during AGM: Members who hadn't voted remotely could vote during the meeting and up to 15 minutes after conclusion
- No physical voting: No voting by show of hands as per Section 107 of Companies Act, 2013
- Scrutinizer: Mr. Prashant S. Mehta, Proprietor of M/s. P. Mehta & Associates, Practicing Company Secretaries appointed to scrutinize the e-voting process
Additional Information
- Auditors' Report on Financial Statements had no qualifications, observations, or adverse comments
- Secretarial Auditor's Report had no qualifications, observations, or remarks
- Certificate from M/s. Parikh & Associates regarding Employee Stock Option Plan 2021 implementation available for inspection
- No proxy facility available for this virtual meeting
- Statutory registers and relevant documents were available for inspection
- Meeting concluded at 03:47 p.m. IST
Results Declaration
The results of voting will be declared within prescribed timelines by notifying to Stock Exchanges and publishing on Company's website and NSDL website.