Meeting Details
- Date: Thursday, August 06, 2026
- Time: Commenced at 11:30 AM IST and concluded at 12:34 PM IST (duration: 64 minutes)
- Location: Conducted through video conferencing facility
- Type: 35th Annual General Meeting
- Record Date: July 30, 2026
- Total Shareholders on Record Date: 1,83,956
Shareholder Participation
- Total Members Present via VC: 67 members
- Promoters and Promoter Group: 11 members
- Public: 56 members
- Number of Shareholders Present in Person or via Proxy: Not Applicable
Proposed Resolutions and Implications
Three ordinary resolutions were proposed and approved:
1. Adoption of the standalone audited financial statements for FY 2025-26 together with reports of Board of Directors and Auditors, and consolidated audited financial statements for FY 2025-26 with Auditors' report.
2. Declaration of a final dividend of ₹1.75 per equity share for FY 2025-26.
3. Re-appointment of Ms. Priyanka Chigurupati (DIN: 01793431) as Director who retires by rotation.
Voting Process and Methods
- Remote e-voting period: Monday, August 3, 2026 (9:00 AM IST) to Wednesday, August 5, 2026 (5:00 PM IST)
- E-voting during AGM: Available for members who attended via VC but did not vote remotely
- Scrutinizer: Mr. Dhanunjaya Kumar Alla, Partner of M/s. Dhanunjaya & Haranath Chartered Accountants, Hyderabad
- Voting System Provider: KFin Technologies Limited
- Votes unblocked: August 06, 2026 at 12:39 PM after conclusion of AGM
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements
- Total Votes Cast: 176,378,532
- In Favor: 176,105,661 (99.9979%)
- Against: 3,663 (0.0021%)
- Invalid Votes: 269,208
Resolution 2: Declaration of Final Dividend
- Total Votes Cast: 176,378,532
- In Favor: 176,371,423 (99.9979%)
- Against: 3,681 (0.0021%)
- Invalid Votes: 3,428
Resolution 3: Re-appointment of Director
- Total Votes Cast: 176,378,532
- In Favor: 175,826,229 (99.6892%)
- Against: 548,166 (0.3108%)
- Invalid Votes: 4,137
Scrutinizer's Role and Findings
Mr. Dhanunjaya Kumar Alla was appointed to scrutinize the remote e-voting and e-voting process fairly and transparently. The scrutinizer reviewed data from KFin Technologies Limited's e-voting system and confirmed that all resolutions were passed with requisite majority. Electronic data and relevant records were placed under the scrutinizer's safe custody and will be handed over to the Company Secretary for preservation after the Chairman approves and signs the minutes.
Compliance with Laws and Regulations
The meeting was conducted in compliance with:
- Section 108 of the Companies Act, 2013
- Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI circular dated May 13, 2022
- MCA Circulars: General Circular No. 20/2020, 14/2020, 17/2020, 02/2021, 10/2022, 09/2023, and 09/2024, and 03/2025
- Article 64 of the Articles of Association of the Company
Attendees and Signatories
Directors Present:
- Dr. Krishna Prasad Chigurupati (Chairman & Managing Director)
- Ms. Uma Devi Chigurupati (Executive Director)
- Mr. Harsha Chigurupati (Executive Director)
- Ms. Priyanka Chigurupati (Executive Director)
- Mr. K.B. Sankar Rao (Non-executive Director)
- Mr. Arun Sawhney (Independent Director)
- Dr. Saumen Chakraborty (Independent Director)
- Ms. Sucharita Rao Palepu (Independent Director)
- Dr. Sethurathnam Ravi (Independent Director)
- Mr. Kapil Kumar Mehan (Independent Director)
- Mr. Rajiv Pritidas Kakodkar (Independent Director)
In Attendance:
- Ms. Chaitanya Tummala (Company Secretary, Hyderabad)
- Mr. Mukesh Surana (Chief Financial Officer, Hyderabad)
Other Representatives:
- Mr. Navneet Kabra (Partner, M/s. S. R. Batliboi & Associates LLP, Statutory Auditor, Hyderabad)
- Mr. Saurabh Poddar (Proprietor, M/s. Saurabh Poddar & Associates, Secretarial Auditor, Hyderabad)
- Mr. Dhanunjaya Kumar Alla (Partner, M/s. Dhanunjaya & Haranath, Internal Auditor & Scrutinizer, Hyderabad)