AGM and Voting Details

  • The 17th AGM was held on Wednesday, 9th September 2026 at 10:00 AM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
  • The cut-off date for determining shareholders eligible to vote was 2nd September 2026.
  • Remote e-voting was conducted via CDSL from 5th September 2026 (9:00 AM) to 8th September 2026 (5:00 PM).
  • S A Inbavadivu, Advocate, was appointed as the Scrutinizer for the e-voting process via a letter dated 29th July 2026.
  • A total of 55 members cast 9,731,516 votes.

Detailed Voting Results

Ordinary Business

Resolution 1: Adoption of Financial Statements

  • Description: Approval of the Audited Standalone and Consolidated Financial Statements for the year ended 31st March 2026, including reports from the Board of Directors and Auditors.
  • Result: Passed.
  • Votes in Favor: 9,731,516 (100% of valid votes cast).
  • Votes Against: 14 (0% of valid votes cast).
  • Invalid Votes: 0.

Resolution 2: Retirement by Rotation & Reappointment of Director

  • Description: Reappointment of Mr. Suresh Krishnamurthi Rao (DIN: 00127809) as a Director, who retired by rotation.
  • Result: Passed.
  • Votes in Favor: 9,731,516 (100% of valid votes cast).
  • Votes Against: 14 (0% of valid votes cast).
  • Invalid Votes: 0.

Resolution 3: Declaration of Dividend

  • Description: Declaration of a dividend of ₹1.25 per equity share (12.50%) on fully paid-up equity shares of ₹10 each.
  • Result: Passed.
  • Votes in Favor: 9,731,519 (100% of valid votes cast).
  • Votes Against: 11 (0% of valid votes cast).
  • Invalid Votes: 0.

Resolution 4: Appointment of Statutory Auditors

  • Description: Appointment of M/s. M S K C & Associates LLP, Chartered Accountants (Firm Registration No: 001595S/S000168), as Statutory Auditors for a term of 5 years, from the conclusion of this AGM until the conclusion of the 22nd AGM. Remuneration to be approved by the Board.
  • Result: Passed.
  • Votes in Favor: 9,731,516 (100% of valid votes cast).
  • Votes Against: 14 (0% of valid votes cast).
  • Invalid Votes: 0.

Special Business

Resolution 5: Ratification of Cost Auditor's Remuneration (Ordinary Resolution)

  • Description: Ratification of the payment of remuneration of ₹1,90,000 to M/s. Madhavan, Mohan & Associates (Firm Registration No: 003483) as Cost Auditors for the Financial Year 2026-27.
  • Result: Passed.
  • Votes in Favor: 9,731,516 (100% of valid votes cast).
  • Votes Against: 14 (0% of valid votes cast).
  • Invalid Votes: 0.

Resolution 6: Payment of Commission to Non-Executive Directors (Special Resolution)

  • Description: Approval for payment of commission to Non-Executive Directors, including Independent Directors, within a ceiling of 11% of the company's net profits as per Section 197(1) of the Companies Act, 2013. The commission is to be divisible as decided by the Board. Specific consent was also granted for a scenario where payment to a single non-executive director exceeds 50% of the total annual remuneration payable to all non-executive directors for FY 2025-26.
  • Result: Passed (Special Resolution requires a higher majority).
  • Votes in Favor: 9,729,109 (99.98% of valid votes cast).
  • Votes Against: 2,421 (0.02% of valid votes cast).
  • Invalid Votes: 0.

Scrutinizer Report

  • The Scrutinizer's report was prepared by S A Inbavadivu and dated 10th September 2026.
  • All relevant voting records will remain in the Scrutinizer's custody until the Chairperson approves and signs the AGM minutes, after which they will be handed over to the Company Secretary for safekeeping.