Meeting Details

The 32nd Annual General Meeting was held on Wednesday, September 30, 2026 at 11:30 AM IST through Video Conference/Other Audio Visual Means. The deemed venue was the Registered Office at Darshak Chambers, Plot No:32, Ground floor, House No:1-8-303/48/32, Street No:1, Penderghast Road, Secunderabad - 500003.

Proposed Resolutions and Implications

The AGM considered four resolutions:

1. Ordinary Resolution: To adopt the audited financial statements (including consolidated financial statements) for the financial year ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Ordinary Resolution: To appoint a director in place of Dr GVK Reddy (DIN:00005212) who retires by rotation

3. Ordinary Resolution: To re-appoint M/s. T R Chadha & Co LLP, Chartered Accountants (Membership No:006711N/N500028) as Statutory Auditors

4. Special Resolution: To reappoint Mr. P. V. Prasanna Reddy (DIN:01259482) as Whole-time Director for a further period of three years from November 14, 2026 to November 13, 2029

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Available from Saturday, September 26, 2026 at 9:00 AM IST to Tuesday, September 29, 2026 at 5:00 PM IST
  • E-voting during the AGM: For members who attended through VC/OAVM but had not voted remotely

The company engaged KFin Technologies Limited as the Registrar and Share Transfer Agent to facilitate the voting process. Shareholders holding shares as of the cut-off date (Wednesday, September 23, 2026) were entitled to vote.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 858,678,073
  • Votes in favor: 858,633,266 (99.99%)
  • Votes against: 44,807 (0.01%)
  • Total members voted: 314 (312 remote + 2 at AGM)
  • No invalid/abstained votes

Resolution 2: Reappointment of Dr GVK Reddy

  • Total votes cast: 858,677,673
  • Votes in favor: 858,375,530 (99.96%)
  • Votes against: 302,143 (0.04%)
  • Total members voted: 313 (311 remote + 2 at AGM)
  • No invalid/abstained votes

Resolution 3: Reappointment of Auditors

  • Total votes cast: 858,677,673
  • Votes in favor: 858,357,932 (99.96%)
  • Votes against: 319,741 (0.04%)
  • Total members voted: 313 (311 remote + 2 at AGM)
  • No invalid/abstained votes

Resolution 4: Reappointment of Whole-time Director

  • Total votes cast: 858,675,322
  • Votes in favor: 858,358,255 (99.96%)
  • Votes against: 317,067 (0.04%)
  • Total members voted: 312 (310 remote + 2 at AGM)
  • No invalid/abstained votes

Scrutinizer's Role and Findings

Neha Pamnani, Company Secretary in Practice (ACS: 44300, CP No.: 24045), was appointed as Scrutinizer to scrutinize the voting process. The scrutinizer verified that:

  • 312 members voted through remote e-voting
  • 2 members voted through e-voting at the AGM
  • No invalid votes or partial voting occurred
  • The voting system properly blocked members who had already voted remotely from voting again at the AGM
  • The vote counting was conducted in the presence of two witnesses not employed by the company

Compliance Confirmation

The meeting was conducted in compliance with:

  • Companies Act, 2013
  • Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circulars: No. 20/2020, 14/2020, 17/2020, 33/2020, 39/2020, 02/2021, 2/2022
  • SEBI Circulars: SEBI/HO/CFD/PoD-2/P/CIR/2023/4, SEBI/HO/DDHS/P/CIR/2023/0164, SEBI/HO/CFD/PoD2/CIR/P/2023/120, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133
  • Physical attendance and proxy appointments were dispensed with as permitted under MCA circulars