Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 11:00 a.m. to 11:59 a.m. (IST)
  • Mode: Video Conferencing/Other Audio-Visual Means
  • Deemed Venue: Registered Office of the Company at Survey No. 480/2, AP MedTech Zone, Nadupuru Village, Pedagantyada Mandal, Visakhapatnam – 530 031, Andhra Pradesh
  • Type: 33rd Annual General Meeting for Financial Year 2025-26

Proposed Resolutions and Implications

The AGM considered four resolutions:

Item No. 1 - Ordinary Resolution: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors.

Item No. 2 - Ordinary Resolution: To declare a dividend of 5% per Equity Share (₹0.05 per equity share of ₹1 each) for FY ended March 31, 2026.

Item No. 3 - Ordinary Resolution: To appoint Ms. Svetlana Rao Raviwada (DIN: 06899295) as Director who retires by rotation and offers herself for re-appointment.

Item No. 4 - Special Resolution: To appoint Mr. David Yeow (DIN: 11923054) as Independent Director for five years from September 3, 2026 to September 2, 2031.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: September 26, 2026 (9:00 a.m. IST) to September 28, 2026 (5:00 p.m. IST)
  • E-voting at AGM: Available during meeting for 30 minutes after conclusion
  • Service Provider: National Securities Depository Limited (NSDL) with EVEN: 142784
  • Cut-off date: September 22, 2026 for determining voting rights
  • Total paid-up equity share capital: 69,86,85,470 equity shares of ₹1 each carrying equivalent votes

No member voted both by remote e-voting and at the AGM. Votes were downloaded from NSDL system in presence of two witnesses: Miss Gudiya Tiwari and Miss Shalaka Gangurde.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 25,728
  • Shareholders attending through VC: 61 (2 Promoters + 59 Public)
  • Total valid votes cast: 46,39,30,628 (66.4005% of outstanding shares)
  • Invalid votes: Nil across all categories

Resolution-wise Results

Item No. 1 - Adoption of Financial Statements

  • Votes in favor: 46,39,30,608 (100.0000%)
  • Votes against: 20 (0.0000%)
  • Result: Passed

Item No. 2 - Dividend Declaration

  • Votes in favor: 46,39,30,608 (100.0000%)
  • Votes against: 20 (0.0000%)
  • Result: Passed

Item No. 3 - Re-appointment of Ms. Svetlana Rao Raviwada

  • Votes in favor: 46,39,30,408 (100.0000%)
  • Votes against: 220 (0.0000%)
  • Result: Passed

Item No. 4 - Appointment of Mr. David Yeow as Independent Director

  • Votes in favor: 46,39,27,199 (99.9993%)
  • Votes against: 3,429 (0.0007%)
  • Result: Passed (special resolution requiring votes in favor >3 times votes against)

Category-wise Voting Breakdown

Promoter and Promoter Group (44,07,62,650 shares)

  • Votes polled: 40,67,62,650 (92.2861% participation)
  • Unanimous support for all resolutions (100% in favor)

Public-Institutions (5,25,55,157 shares)

  • Votes polled: 10,868 (0.0207% participation)
  • Supported first three resolutions unanimously
  • For Item No. 4: 7,659 in favor (70.4729%), 3,209 against (29.5271%)

Public-Non Institutions (20,53,67,663 shares)

  • Votes polled: 5,71,57,110 (27.8316% participation)
  • Nearly unanimous support across resolutions with minor opposition

Scrutinizer's Role and Findings

  • Scrutinizer: Nuren Lodaya, Practising Company Secretary (FCS No. F14090, CP No. 24248), Proprietor of M/s. Nuren Lodaya and Associates
  • Appointment Date: September 3, 2026 by Board of Directors
  • Responsibilities: Ensured fair and transparent remote e-voting and e-voting processes, reconciled votes with Register of Members/Register of Beneficial Owners
  • Conclusion: All resolutions passed with requisite majority

Compliance Confirmation

The voting process complied with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings (SS-2)
  • Applicable circulars from MCA and SEBI

Additional Information

  • BSE Scrip Code: 524743
  • NSE Symbol: FISCHER
  • RTA: Adroit Corporate Services Private Limited
  • The register and records relating to electronic voting will remain with scrutinizer until minutes approval, then transferred to Company Secretary