Meeting Details

The 7th Annual General Meeting was held on Monday, September 21, 2026 at 11:00 a.m. IST through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting concluded at 1:06 P.M. with voting kept open for an additional 15 minutes.

Attendance

Directors and KMPs Present:

  • Mr. G. M. Rao (Non-Executive Chairman)
  • Mr. Srinivas Bommidala (Vice-Chairman and Managing Director)
  • Mr. Grandhi Kiran Kumar (Non-Executive Director)
  • Mr. B.V. N. Rao (Executive Director)
  • Mr. G. Subba Rao (Executive Director)
  • Mr. Madhva B. Terdal (Non-Executive Director)
  • Dr. Siva Kameswari Vissa (Independent Director)
  • Mr. Suresh Lilaram Narang (Independent Director)
  • Ms. Suman Naresh Sabnani (Independent Director)
  • Dr. Satyanarayana Beela (Independent Director)
  • Dr. Fareed Ahmed (Independent Director)
  • Mr. Shantanu Ghosh (Independent Director)
  • Mr. Suresh Bagrodia (Chief Financial Officer)
  • Mr. Vimal Prakash (Company Secretary)

Absent: Dr. Emandi Sankara Rao (requested leave of absence)

Other Attendees:

  • Statutory Auditors: Representatives of M/s. Walker Chandiok & Co LLP
  • Secretarial Auditors and Scrutinizer: Representatives of M/s V. Sreedharan & Associates
  • Cost Auditors: Representative of M/s. JSN & Co LLP

Chairpersons of Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were present to answer shareholder queries.

Agenda Items Voted On

The following business items were put to electronic vote from September 17, 2026 (9:00 a.m. IST) to September 20, 2026 (5:00 p.m. IST):

1. Ordinary Business: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. Ordinary Business: Reappointment of Mr. Boda Venkata Nageswara Rao (DIN: 00051167) who retires by rotation

3. Ordinary Business: Reappointment of Mr. Grandhi Kiran Kumar (DIN: 00061669) who retires by rotation

4. Special Business: Reappointment of Dr. Siva Kameswari Vissa (DIN: 02336249) as Independent Director

5. Special Business: Reappointment of Mr. Suresh Lilaram Narang (DIN: 08734030) as Independent Director

6. Special Business: Reappointment of Dr. Satyanarayana Beela (DIN: 09462114) as Independent Director

7. Special Business: Reappointment of Dr. Emandi Sankara Rao (DIN: 05184747) as Independent Director

8. Special Business: Alteration of Articles of Association of the Company

9. Ordinary Business: Ratification of remuneration to Cost Auditors for FY ending March 31, 2027

10. Special Business: Approval for raising funds through issuance of equity shares and/or other eligible securities via Qualified Institutions Placement and/or Foreign Currency Convertible Bonds

11. Ordinary Business: Approval of Material Related Party Transaction between Company and GMR Warora Energy Limited (stepdown subsidiary)

12. Ordinary Business: Approval of Material Related Party Transaction between GMR Energy Limited (wholly owned subsidiary) and GMR Warora Energy Limited (stepdown subsidiary)

Meeting Proceedings

Mr. G.M. Rao chaired the meeting. The Company Secretary briefed members on VC procedures. The Chairman addressed members, followed by a detailed presentation by the Chief Financial Officer.

For Agenda Item No. 3, Mr. G.M. Rao (being interested) requested Mr. B.V.N Rao, Executive Director, to announce the item.

The floor was opened for registered 'Speaker' members to ask questions, which were answered by the Chairman and Senior Management Officials.

Voting Arrangements

M/s. V. Sreedharan & Associates were appointed as Scrutinizer for remote e-voting and e-voting (insta-poll) at the AGM. Members who had not cast votes through remote e-voting were provided opportunity to vote at the AGM through insta-poll.