Meeting Details

The 17th Annual General Meeting was held on September 9, 2026, at 10:00 AM IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with guidelines issued by the Ministry of Corporate Affairs, provisions of the Companies Act, 2013, and relevant SEBI circulars.

Proposed Resolutions and Implications

Six resolutions were transacted during the meeting:

Ordinary Business:

  • Item 1: Adoption of Financial Statements as on March 31, 2026 (Ordinary Resolution)
  • Item 2: Retirement by Rotation and re-appointment of director (Ordinary Resolution)
  • Item 3: Approval of Final Dividend at the rate of ₹1.25 per equity share (12.50%) (Ordinary Resolution)
  • Item 4: Appointment of M/s. M S K C & Associates LLP, Chartered Accountants (Firm Registration No. 0015955/S000168) as Statutory Auditors (Ordinary Resolution)

Special Business:

  • Item 5: Ratification of Cost Auditor's Remuneration (Ordinary Resolution)
  • Item 6: Payment of Commission to Non-Executive Directors (Special Resolution)

Voting Process and Methods

The company provided electronic voting facilities as required under Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. The e-voting window was open from 09:00 AM IST on September 5, 2026, to 05:00 PM IST on September 8, 2026. Members present at the AGM were provided an additional opportunity to cast votes electronically up to 30 minutes after the meeting conclusion. The cut-off date for determining voting eligibility was September 2, 2026.

Key Voting Outcomes

The document states that the consolidated results of remote e-voting and e-voting during the AGM would be announced within two working days through intimation to stock exchanges and placement on the company website. Specific voting results are not provided in this summary document.

Scrutinizer's Role and Findings

Mr. S. A. Inbavadivu, Advocate, was appointed as Scrutinizer to supervise the remote e-voting process. The scrutinizer's findings and conclusions are not detailed in this summary but will be included in the final voting results announcement.

Compliance Confirmation

The meeting was conducted in full compliance with applicable laws and regulations including the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and MCA guidelines. The company confirmed adherence to all procedural requirements for conducting the AGM through electronic means.

Participants and Attendance

Management Participants:

  • Ms. Drushti Desai - Independent Director and Chairperson of Nomination and Remuneration Committee, Stakeholder Relationship Committee and Audit Committee
  • Ms. Sujatha Jayarajan - Independent Director and Chairperson of Corporate Social Responsibility Committee
  • Mr. Satish N. Jajoo - Independent Director
  • Mr. R Mahendran - Non-Executive Director
  • Mr. Nitin S Cowlagi - Non-Executive Director
  • Mr. V.M Srinivasan - Chief Executive Officer
  • Mr. S Prasath - Chief Financial Officer
  • Mr. Bharatraj Panchal - Company Secretary

Other Participants:

  • Ms. Rajalakshmi - Representative, Cameo
  • Mr. Inbavadivu - Scrutinizer, Advocate
  • Mr. Srinivasan - CDSL E-Voting Support Services
  • Mr. Damodaran - Damodaran & Associates (Secretarial Auditor)
  • Ms. Parvathy Usha - Deloitte Haskins & Sells (Statutory Auditor)

Total attendance: 35 shareholders attended through VC/OAVM. Ms. Drushti Desai was elected unanimously to chair the meeting proceedings.

Additional Proceedings

The Company Secretary confirmed requisite quorum presence. Six speaker shareholders were registered, with four addressing views and queries. Mr. V.M. Srinivasan, CEO, responded to shareholder queries. The meeting concluded at 10:57 AM IST.

Important Note

This document is explicitly stated as a summary of proceedings and does not constitute the formal minutes of the Annual General Meeting.