Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

The 39th Annual General Meeting was held on Monday, September 28, 2026 at 02:00 P.M. through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted remotely without physical attendance.

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the report of Auditors thereon.

2. Ordinary Resolution: To appoint a director in place of Sri Y. Siddharth Reddy (DIN: 00815456), Director who retires by rotation and being eligible offers himself for re-appointment.

3. Special Resolution: To appoint Smt. Poojitha Baheti (DIN: 09692764) as an Independent Director of the Company for the first term up to 5 consecutive years commencing from September 04, 2026 up to September 03, 2031, not liable to retire by rotation.

4. Special Resolution: To Re-appoint Sri Datla Krishna Kumar Raju (DIN: 00115553) as Vice-Chairman & CEO of the Company.

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Available from September 25, 2026 (9:00 A.M.) to September 27, 2026 (5:00 P.M.)
  • E-voting during the AGM: Conducted on September 28, 2026

The company appointed Central Depository Services India Limited (CDSL) as the Service Provider for both remote e-voting and electronic voting at the AGM. The cut-off date for determining voting eligibility was September 21, 2026.

Key Voting Outcomes

Overall Participation:

  • Total members who cast votes: 217
  • Through remote e-voting: 159 members
  • Through electronic voting at AGM: 58 members
  • Total shares represented: 4,19,89,098
  • Valid votes: 4,19,89,098
  • Invalid votes: NIL

Resolution-wise Results:

Resolution 1 (Ordinary Resolution - Financial Statements):

  • Votes in favor: 4,19,89,091 (100.00%)
  • Votes against: 7 (0.00%)

Resolution 2 (Ordinary Resolution - Director Reappointment):

  • Votes in favor: 4,19,89,076 (100.00%)
  • Votes against: 22 (0.00%)

Resolution 3 (Special Resolution - Independent Director Appointment):

  • Votes in favor: 4,19,89,076 (100.00%)
  • Votes against: 22 (0.00%)

Resolution 4 (Special Resolution - Vice-Chairman & CEO Reappointment):

  • Votes in favor: 4,19,89,074 (100.00%)
  • Votes against: 24 (0.00%)

Shareholder Category Breakdown:

The voting results included detailed breakdown by promoter and public shareholders:

  • Promoter & Promoter Group: Held 4,17,97,736 shares (53.85% of total)
  • Public Institutional Holders: Held 0 shares (0% of total)
  • Public Non-Institutional Holders: Held 3,57,99,564 shares (46.15% of total)
  • Grand Total Shares: 7,75,97,300

Scrutinizer's Role and Findings

M/s. Gopal Dhanaji & Associates, represented by Mr. Gopal Biradar Dhanaji, Practicing Company Secretary (FCS No. 7676), was appointed as the Scrutinizer. Their responsibilities included:

  • Scrutinizing both remote e-voting and electronic voting during the AGM
  • Maintaining registers/records received from the service provider
  • Ensuring the integrity of the voting process
  • Preparing a consolidated scrutinizer's report

The scrutinizer confirmed that all resolutions were passed with the requisite majority and that the voting process complied with all regulatory requirements.

Compliance with Laws and Regulations

The company confirmed compliance with:

  • Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Multiple MCA Circulars dated between April 2020 and September 2025
  • SEBI Circulars dated between May 2020 and October 2024
  • Secretarial Standard - 2 on General Meetings

Notice of the AGM was sent to shareholders via email on September 04, 2026, and published through newspaper advertisements in 'Telugu Prabha' (Telugu) and 'Business Standard' (English) on September 05, 2026.

Additional Information

The company's registered office is located at # 7-1-19/3, 1st Floor, L. S. R. Complex, Kundanbagh, Begumpet, Hyderabad - 500 016, Telangana, India. The corporate identification number (CIN) is L63040TG1987PLC007811.

The scrutinizer's report will be handed over to the Company Secretary for safe keeping after the Chairman signs the Minutes of the Thirty Ninth AGM.