Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 2:00 PM to 2:33 PM IST (excluding 30 minutes allowed for e-voting at AGM)
  • Location: Conducted via Video Conferencing (VC) facility/Other Audio Visual Means (OAVM)
  • Type: Annual General Meeting

Attendance

  • Total Members Present: 68 members
  • Total Equity Shares Represented: 5,88,93,287 equity shares
  • Quorum: Present and valid

Directors Present

1. Dr. Raghavendra Rao Hosakote Shamarao - Chairman & Managing Director

2. Mr. Gopinath Vedaprakash - Whole-Time Director

3. Mr. Shiva Kumar R - Executive Director & VP Operations

4. Mr. Kalyanasundaram Chandrasekaran - Independent Director

5. Mr. Prakash Nagabushan - Independent Director

6. Mrs. Lathika Siddharth Pai - Independent Director

Officials in Attendance

  • CS Gurumurthy Hegde - Company Secretary, Legal and Compliance Officer

Invitees

1. CA Prasanna Kumar T S - Chief Financial Officer

2. Mr. Pramod B - Sr. DGM - Operations, Sr. DGM - SCM

3. Mr. Anand S - DGM - Finance & Accounts

4. Mr. Jagadeesh N - Statutory Auditors

5. CA Pradeep Shetty - NBS & Co. (Statutory Auditors)

6. CS Pramod S - Secretarial Auditor

7. Mr. Harsha H M - Legal Advisor

Proceedings Summary

The meeting commenced at 2:00 PM IST and concluded at 2:33 PM IST. The Company Secretary welcomed members and briefed them on participation procedures. The Annual Report for FY 2025-26 containing the Notice of the 15th AGM, Audited Financial Statements, Auditor's Report and Board's Report was taken as read.

No qualifications, observations, adverse remarks, or comments were noted from the Statutory Auditors and Secretarial Auditor in their reports for the financial year ended March 31, 2026.

Voting Process

  • Remote e-voting period: Thursday, September 24, 2026 (9:00 AM) to Sunday, September 27, 2026 (5:00 PM IST)
  • Cut-off date: Monday, September 21, 2026
  • Insta vote facility: Provided by MUFG Intime India Private Limited, opened for 30 minutes after AGM conclusion
  • Scrutinizer: CS Shreyas Dwaraki appointed to conduct e-voting and voting at AGM
  • Scrutinizer report: To be provided within two working days from conclusion of AGM

Management Presentations

The Chairman and Mr. Gopinath Vedaprakash addressed members about company performance, subsidiary NIART Systems Limited's prospects, and joint venture ELTX System's future business dynamics. CA Prasanna Kumar T S, CFO, provided an overview of financial performance for year ended March 31, 2026.

Shareholder Engagement

Members were provided opportunity to register to ask questions between September 24-27, 2026. One member registered as speaker but did not join the meeting, resulting in no questions or comments received.

Resolutions Transacted

| Item No. | Particulars of Resolutions | Type |

| 1 | To consider and adopt the Standalone and Consolidated Financial Statements for FY ended March 31, 2026, with reports of Board and Auditors | Ordinary |

| 2 | Appointment of Mr. Gopinath Vedaprakash (DIN: 11241863) as Director who retires by rotation | Ordinary |

| 3 | Ratification of remuneration payable to Cost Auditors for FY ending March 31, 2027 | Ordinary |

Compliance Statement

The meeting was conducted in compliance with General Circulars issued by the Ministry of Corporate Affairs, SEBI circulars, and applicable provisions of the Companies Act, 2013 and Rules made thereunder. All required registers and documents were available for electronic inspection on the company's website.