Meeting Details

The 42nd Annual General Meeting was held on Friday, 7th August, 2026 at 3:00 PM IST through Video Conferencing/Other Audio-Visual Means. The meeting concluded at 4:03 PM IST.

Record Date and Shareholder Information

Record date was set as 31st July, 2026 with total number of shareholders at 66,005. Attendance included 6 promoter group members and 45 public shareholders through video conferencing.

Voting Results

All five ordinary resolutions were passed with requisite majority:

Resolution 1: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026

  • Total votes polled: 127,806,570 shares (80.8342% of outstanding shares)
  • Votes in favor: 127,805,851 shares (99.9994%)
  • Votes against: 719 shares (0.0006%)

Resolution 2: Reappointment of Mr. Vijay Sankar (DIN: 00007875) as Director retiring by rotation

  • Total votes polled: 127,806,570 shares (80.8342% of outstanding shares)
  • Votes in favor: 127,803,760 shares (99.9978%)
  • Votes against: 2,810 shares (0.0022%)
  • Public non-institutions opposition: 20.505%

Resolution 3: Appointment of Mr. V S Radhakrishnan (DIN: 08064705) as Non-Executive and Non-Independent Director in casual vacancy caused by resignation of Mr. Sumit Maheshwari (DIN: 06920646)

  • Total votes polled: 127,806,570 shares (80.8342% of outstanding shares)
  • Votes in favor: 127,805,607 shares (99.9992%)
  • Votes against: 963 shares (0.0008%)
  • Public non-institutions opposition: 7.0271%

Resolution 4: Ratification of payment of remuneration of ₹5,75,000 (Rupees Five Lakh Seventy Five Thousand Only) to N. Sivashankaran & Co., Cost Accountants (Firm Registration No. 100662) for Cost Audit for FY 2026-27

  • Total votes polled: 127,806,570 shares (80.8342% of outstanding shares)
  • Votes in favor: 127,805,796 shares (99.9994%)
  • Votes against: 774 shares (0.0006%)
  • Public non-institutions opposition: 5.648%

Resolution 5: Approval of payment of higher of (i) Commission not exceeding 1% of net profits or (ii) Remuneration up to ₹1,00,00,000 (Rupees One Crore Only) annually to all Independent Directors for FY 2026-27 to 2028-29

  • Total votes polled: 127,806,570 shares (80.8342% of outstanding shares)
  • Votes in favor: 127,805,445 shares (99.9991%)
  • Votes against: 1,125 shares (0.0009%)
  • Public non-institutions opposition: 8.2093%

Scrutinizer Details

M/s B Ravi & Associates, Company Secretaries represented by CS Dr B Ravi (Membership No. 1810) was appointed as scrutinizer in the Board Meeting held on 25th May, 2026. The scrutinizer report was issued to the company on 10th August, 2026.

Voting Process

Remote e-voting was conducted through KFin Technologies Limited from 4th August, 2026 (9:00 AM IST) to 6th August, 2026 (5:00 PM IST). E-voting facility was also provided during the AGM for shareholders who had not voted remotely.

Share Capital Structure

Total outstanding shares: 158,109,574 shares

Promoter and Promoter Group holding: 86,945,065 shares

Public Institutions holding: 54,493,947 shares

Public Non-Institutions holding: 16,670,562 shares