AGM Details

  • Date and Time: Thursday, July 23, 2026 at 11:00 A.M. IST
  • Mode: Video Conferencing/Other Audio-Visual Means (Virtual Meeting)
  • Cut-off Date: Thursday, July 16, 2026
  • E-voting Period: July 19, 2026 (9:00 AM IST) to July 22, 2026 (5:00 PM IST)
  • E-voting Website: https://www.evoting.nsdl.com/
  • VC Helpline: +91-22-4886 7000 and +91-22-2499 7000
  • Deemed Venue: Registered Office at 8-2-337, Road No. 3, Banjara Hills, Hyderabad - 500034, Telangana, India

Ordinary Business Items

1. Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors.

2. Final Dividend Declaration

To declare a final dividend of ₹8 per equity share of face value ₹1 each for FY2025-26. The dividend, if declared, will be paid on or before July 30, 2026 to members on the Register as of July 10, 2026.

3. Re-appointment of Director

To re-appoint Mr. K Satish Reddy (DIN: 00129701) as Director who retires by rotation. Mr. Reddy is Chairman of the Company and has been with the organization since 1993.

4. Appointment of Statutory Auditors

To appoint M/s. Deloitte Haskins & Sells, LLP, Chartered Accountants (Firm Registration No. 117366W/W-100018) as Statutory Auditors for 5 years from conclusion of 42nd AGM until 47th AGM, replacing retiring auditors M/s. S. R. Batliboi & Associates LLP. Proposed audit fee for FY2027: ₹8,86,00,000 plus applicable taxes and out-of-pocket expenses.

Special Business Items

5. Re-appointment of Independent Director

To re-appoint Dr. K P Krishnan (DIN: 01099097) as Independent Director for a second term of 5 years from January 7, 2027 to January 6, 2032.

6. Appointment of New Independent Director

To appoint Mr. Srikanth Velamakanni (DIN: 01722758) as Independent Director for 5 years from July 1, 2026 to June 30, 2031. He was appointed as Additional Director effective July 1, 2026, subject to shareholder approval.

7. Ratification of Cost Auditor Remuneration

To ratify remuneration payable to cost auditors M/s. Sagar & Associates, Cost Accountants (Firm Registration No. 000118) of ₹9,00,000 plus applicable taxes and out-of-pocket expenses for FY2026-27 cost audit.

Dividend and Tax Details

  • Final Dividend: ₹8 per equity share of ₹1 face value
  • Record Date: July 10, 2026
  • Payment Date: On or before July 30, 2026
  • Payment Mode: Electronic modes only (NEFT, RTGS, etc.)
  • TDS Applicability: Dividend income taxable in shareholders' hands with TDS deduction at prescribed rates
  • Resident Individuals: No TDS if total dividend ≤ ₹10,000; 10% TDS if PAN available; 20% if PAN not available/invalid
  • Non-Residents: 20% TDS plus applicable surcharge and cess, with DTAA benefits available upon submission of required documents
  • Documents Required: PAN, Form 121, TRC, DTAA declarations, etc. to be submitted to RTA Bigshare Services Pvt Ltd

Director Profiles and Remuneration

Mr. K Satish Reddy

  • Age: 58 years, Nationality: Indian
  • Qualification: Chemical Engineering (Osmania University), M.S. Medicinal Chemistry (Purdue University)
  • Experience: Joined Company in 1993, Chairman since 2014
  • Shareholding: 1,01,07,505 equity shares directly; 2,76,18,385 shares through K Satish Reddy HUF; 7,56,30,620 shares as Trustee of VSD Family Trust
  • FY2026 Remuneration: Salary ₹22.02 million, Perquisites ₹4.84 million, Commission ₹73.8 million
  • Directorships: Multiple subsidiaries including Aurigene Oncology Limited, Dr. Reddy's Bio-Sciences Limited, and other companies

Dr. K P Krishnan

  • Age: 66 years, Nationality: Indian
  • Qualification: Economics (St. Stephens College), Law (Campus Law Centre Delhi), FPM (Ph.D) in Economics (IIM Bangalore)
  • Experience: Former IAS officer (37 years service), Former Secretary Ministry of Skill Development and Entrepreneurship
  • Shareholding: Nil
  • FY2026 Remuneration: Commission ₹17.40 million
  • Directorships: Tata Consumer Products Limited, ASREC (India) Limited, and other companies

Mr. Srikanth Velamakanni

  • Age: 52 years, Nationality: Indian
  • Qualification: B.Tech Electrical Engineering (IIT Delhi), MBA (IIM Ahmedabad)
  • Experience: Co-Founder and Group CEO of Fractal Analytics, Chairperson of Nasscom
  • Shareholding: Nil
  • Remuneration: To be decided by Board within approved limits
  • Directorships: Fractal Analytics Limited, NIIT Limited, IdeaForge Technology Limited, and foreign companies

Voting and Participation Instructions

  • Remote e-voting available from July 19-22, 2026 via NSDL platform
  • VC/OAVM facility for AGM attendance with 1,000 member limit on first-come basis (exceptions for large shareholders, promoters, etc.)
  • Members must register email addresses for electronic communication
  • Physical copies of notice and annual report not sent; available on company website and stock exchange portals
  • Scrutinizer: Mr. Atul Mehta/Mr. Teja Bathineedi of M/s Mehta & Mehta, Company Secretaries

Additional Information

  • Unclaimed dividends for 7+ years to be transferred to IEPF
  • Physical shareholders must complete KYC details for dividend payment
  • SEBI mandate: All securities transfers to be in dematerialized form only
  • Online Dispute Resolution Portal available for investor grievances
  • Live webcast of AGM proceedings available on company website