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).

Proposed Resolutions and Implications

The AGM considered four resolutions:

  • Resolution 1 (Ordinary): Adoption of Audited Financial Statements for FY ended March 31, 2026, with Board of Directors and Auditors reports.
  • Resolution 2 (Ordinary): Re-appointment of Sri Y. Siddharth Reddy (DIN: 00815456) who retired by rotation.
  • Resolution 3 (Special): Appointment of Smt. Poojitha Baheti (DIN: 09692764) as Independent Director for a 5-year term from September 04, 2026, to September 03, 2031.
  • Resolution 4 (Special): Re-appointment of Sri Datla Krishna Kumar Raju (DIN: 00115553) as Vice-Chairman & CEO.

Voting Process and Methods

The voting process utilized two methods:

1. Remote e-voting facilitated by Central Depository Services India Limited (CDSL)

2. Electronic voting during the AGM

The cut-off date for determining voting eligibility was September 21, 2026. Remote e-voting was available for three days from Friday, September 25, 2026, at 9:00 A.M. until Sunday, September 27, 2026, at 5:00 P.M.

Key Voting Outcomes

Overall Participation:

  • Total members who cast votes: 217
  • Total shares represented: 4,19,89,098
  • Valid votes: 4,19,89,098
  • Invalid votes: NIL

Breakdown by Voting Method:

  • Remote e-voting: 159 members holding 4,12,33,224 shares
  • Electronic voting at AGM: 58 members holding 7,55,874 shares

Resolution-wise Results:

Resolution 1:

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

Resolution 2:

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

Resolution 3:

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

Resolution 4:

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

All resolutions were passed with the requisite majority.

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 Scrutinizer. The scrutinizer confirmed:

  • Maintenance of all voting records electronically and manually
  • Safe custody of all relevant records until transfer to the Company Secretary
  • Blocking of the voting portal immediately after the voting period ended

Compliance Confirmation

The report confirms 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 (14/2020, 17/2020, 20/2020, 22/2020, 33/2020, 39/2020, 02/2021, 10/2021, 20/2021, 21/2021, 02/2022, 10/2022, 11/2022, 09/2023, 09/2024, 03/2025)
  • SEBI Circulars dated May 12, 2020, January 15, 2021, June 03, 2022, January 05, 2023, October 7, 2023, and October 03, 2024
  • Secretarial Standard - 2 on General Meetings

Additional Information

  • Notice was dispatched to shareholders by email on September 04, 2026
  • Newspaper advertisements were published in 'Telugu Prabha' (Telugu) and 'Business Standard' (English) on September 05, 2026
  • Aarthi Consultants Private Limited serves as the Registrar and Share Transfer Agents (RTA)
  • The scrutinizer's UDIN is F007676H001638976 dated September 28, 2026
  • Peer Review Registration No.: 27472022