Meeting Details

The 37th Annual General Meeting was held on Monday, 28th September 2026 at 3:15 p.m. through Video Conference ('VC') / Other Audio-Visual Means ('OAVM').

Shareholder Information

  • Total number of shareholders on record date: 52,319
  • Cut-off date: 21st September 2026
  • Shareholders attended through Video Conferencing: Promoters and Promoter Group: 06, Public: 87

Proposed Resolutions and Implications

Seven ordinary resolutions were proposed and approved:

1. Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon

2. Re-appointment of Mrs. T.Sarita Reddy (DIN: 00017122) as Director who retires by rotation

3. Ratification of remuneration of M/s.N.S.V.Krishna Rao & Co as Cost Auditors for the financial year 2026-27

4. Approval for Material Related Party Transaction for availing an unsecured loan from Gayatri Highways Limited

5. Approval for Material Related Party Transaction for sale of investment

6. Approval of Material Related Party Transactions entered with Joint Ventures

7. Approval of Material Related Party Transactions to be entered with Joint Ventures

Voting Process and Methods

Voting was conducted through:

  • Remote e-voting period: 24th September 2026 (9:00 A.M) to 27th September 2026 (5:00 P.M)
  • E-voting during the AGM ('Insta poll') for members attending through VC/OAVM who hadn't voted remotely
  • Scrutinizer: N.Madhavi of M/s. N.Madhavi & Associates, Company Secretaries
  • E-voting agency: KFin Technologies Limited

Key Voting Outcomes

Resolution 1: Financial Statements Adoption

  • Total votes cast: 298,552,363 (64.3017% of outstanding shares)
  • Votes in favor: 298,451,004 (99.9660%)
  • Votes against: 101,359 (0.0340%)
  • Promoter participation: 109,381,735 votes (99.9979% of their holding)

Resolution 2: Director Re-appointment

  • Total votes cast: 298,552,363 (64.3017% of outstanding shares)
  • Votes in favor: 298,449,702 (99.9656%)
  • Votes against: 102,661 (0.0344%)

Resolution 3: Cost Auditor Remuneration

  • Total votes cast: 298,552,363 (64.3017% of outstanding shares)
  • Votes in favor: 298,451,004 (99.9660%)
  • Votes against: 101,359 (0.0340%)

Resolutions 4-7: Related Party Transactions

Promoters and Promoter Group abstained from voting on all four related-party transaction resolutions (0 votes cast from 109,383,985 shares).

For Resolution 4 (Unsecured Loan):

  • Total votes cast: 189,170,628 (40.7433% of outstanding shares)
  • Votes in favor: 189,069,269 (99.9464%)
  • Votes against: 101,359 (0.0536%)

Similar voting patterns were observed for Resolutions 5, 6, and 7.

Scrutinizer's Findings

N. Madhavi, the appointed Scrutinizer, confirmed:

  • All resolutions were passed with requisite majority
  • Voting process complied with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management & Administration) Rules, 2014
  • Electronic data and records are under safe custody and will be handed over to the Company Secretary

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and relevant rules
  • MCA Circulars including General Circular No. 20/2020, 14/2020, 17/2020, 02/2021, 10/2022, 09/2023, and 03/2025
  • SEBI circular dated May 13, 2022