Meeting Details

  • Date: Thursday, August 27, 2026
  • Time: 10:00 A.M. to 11:00 A.M. (IST)
  • Location: Conducted through Video Conferencing/Other Audio Visual Means (VC)
  • Type: 45th Annual General Meeting
  • Chairman: Mr. T. Valsaraj (elected as Chairman since Mr. Emandi Sankara Rao was unable to attend)

Proposed Resolutions and Implications

Ordinary Business:

  • Item No. 1: Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026, together with reports of Board of Directors and Auditors (Ordinary Resolution)
  • Item No. 2: Declaration of Final Dividend on Equity Shares at rate of ₹0.28 per share (14% on nominal value of ₹2 per share) for FY 2025-26
  • Item No. 3: Re-appointment of Smt. Jeeja Valsaraj (DIN: 01064477) who retires by rotation

Special Business:

  • Item No. 4: Re-appointment of Dr. Emandi Sankara Rao (DIN: 05784747) as Non-Executive Independent Director (Special Resolution)
  • Item No. 5: Approval of related party transactions entered by the company
  • Item No. 6: Appointment of Ms. Vineesha Valsaraj (DIN: 08338377) as Non-Executive Non-Independent Director
  • Item No. 7: Appointment of Mr. NS Narayan Rao (DIN: 11726147) as Independent Director

Voting Process and Methods

  • Remote e-Voting Period: Monday, August 24, 2026 at 9:00 a.m. (IST) to Wednesday, August 26, 2026 at 5:00 p.m. (IST)
  • E-Voting During AGM: Members participating through VC/OAVM who had not cast votes via remote e-voting were provided facility to e-vote during the AGM
  • Voting Duration: 15 minutes provided for e-voting during the AGM

Key Voting Outcomes

The detailed voting results will be submitted separately to stock exchanges in the format prescribed under Regulation 44 of SEBI Listing Regulations.

Director Appointment Details

Dr. E. Sankara Rao (Re-appointment as Non-Executive Independent Director)

  • Appointment Date: 30th June 2026 (re-appointment)
  • Qualifications: PhD in Infrastructure Project Finance & Technology from IIT Bombay, MTech in Systems Reliability Engineering from IIT Kharagpur, BE in Electrical Engineering from Andhra University, PG Diploma in Business Administration
  • Directorships: Holds 10 directorships in other companies
  • Committee Memberships: Member of Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee
  • Shareholding: NIL

Mr. N.S. Narayan Rao (Appointment as Non-Executive Independent Director)

  • Appointment Date: 30th May 2026
  • Qualifications: MA in Economics, BA (Economics Hons), certified in Indian Institute of Bankers (CAIIB), specialized in AML/CFT, Islamic Banking Standards, and ESG practices
  • Directorships: NIL
  • Shareholding: NIL

Ms. Vineesha Valsaraj (Appointment as Non-Executive Non-Independent Director)

  • Appointment Date: 30th May 2026
  • Qualifications: Pursuing Postgraduate Degree in Management in Family Business from Indian School of Business, degree in Business Administration from GITAM Deemed University, academic program at London School of Economics
  • Relationship: Daughter of Mr. T. Valsaraj (Managing Director) and Ms. Jeeja Valsaraj (Director)
  • Directorships: Holds 3 directorships in other companies
  • Shareholding: 25,10,665 Fully Paid-up Equity Shares

Compliance Confirmation

The AGM was conducted in compliance with circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI), and other applicable provisions of the Companies Act, 2013.

Scrutinizer's Role

The Scrutinizer for e-Voting was introduced at the meeting, though specific findings and conclusions are not detailed in this document.