Meeting Details

  • Meeting Type: 34th Annual General Meeting (AGM)
  • Date: Thursday, July 23, 2026
  • Time: 10:00 AM to 11:43 AM (IST)
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Venue: Registered Office at H.No. 8-2-293/82/A/1286, Plot No. 1286, Road No. 1 & 65, Jubilee Hills, Hyderabad, Telangana, India, 500033
  • Record Date: Wednesday, July 15, 2026
  • Total Shareholders on Record Date: 128,020

Proposed Resolutions and Implications

The AGM considered five resolutions:

Ordinary Business:

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

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, together with Report of Auditors

3. Declaration of Final Dividend of 50% (₹2.50 per equity share of ₹5 face value) for FY ended March 31, 2026

4. Re-appointment of Director Retiring by Rotation

Special Business:

5. Re-Appointment of Mr. Muthu Raju Paravasa Raju Vijay Kumar (DIN: 05170323) as Non-Executive Independent Director

Voting Process and Methods

The Company provided two voting methods:

  • Remote E-voting: Conducted through NSDL from Monday, July 20, 2026 (9:00 AM IST) to Wednesday, July 22, 2026 (5:00 PM IST)
  • Instapoll (E-voting during meeting): Conducted during the AGM on July 23, 2026

The Company appointed National Securities Depository Limited (NSDL) as the service provider for both remote e-voting and Instapoll facilities.

Key Voting Outcomes

Resolution 1: Adoption of Standalone Financial Statements

  • Total Valid Votes: 56,325,209 shares
  • In Favor: 56,325,135 shares (99.9999%)
  • Against: 74 shares (0.0001%)
  • Members Voted: 282 (265 e-voting + 17 Instapoll)

Resolution 2: Adoption of Consolidated Financial Statements

  • Total Valid Votes: 56,325,209 shares
  • In Favor: 56,325,135 shares (99.9999%)
  • Against: 74 shares (0.0001%)
  • Members Voted: 282 (265 e-voting + 17 Instapoll)

Resolution 3: Declaration of Final Dividend

  • Total Valid Votes: 56,342,320 shares
  • In Favor: 56,342,275 shares (99.9999%)
  • Against: 45 shares (0.0001%)
  • Members Voted: 283 (266 e-voting + 17 Instapoll)

Resolution 4: Re-appointment of Director Retiring by Rotation

  • Total Valid Votes: 56,333,550 shares
  • In Favor: 56,332,502 shares (99.9981%)
  • Against: 1,048 shares (0.0019%)
  • Members Voted: 282 (265 e-voting + 17 Instapoll)

Resolution 5: Re-Appointment of Independent Director

  • Total Valid Votes: 56,333,550 shares
  • In Favor: 56,213,049 shares (99.7861%)
  • Against: 120,501 shares (0.2139%)
  • Members Voted: 282 (265 e-voting + 17 Instapoll)

Participation Breakdown by Shareholder Category

Resolution 1: Category-wise Voting

  • Promoter & Promoter Group: 38,326,942 votes polled (99.9979% of holdings), 100% in favor
  • Public Institutions: 6,511,694 votes polled (82.5722% of holdings), 100% in favor
  • Public Non-Institutions: 11,486,573 votes polled (24.6587% of holdings), 99.9994% in favor, 0.0006% against

Resolution 5: Category-wise Voting (Independent Director Re-appointment)

  • Promoter & Promoter Group: 38,326,942 votes polled (99.9979% of holdings), 100% in favor
  • Public Institutions: 6,528,805 votes polled (82.7892% of holdings), 98.1703% in favor, 1.8297% against
  • Public Non-Institutions: 11,477,803 votes polled (24.6399% of holdings), 99.9909% in favor, 0.0091% against

Scrutinizer's Role and Findings

M/s. Ravi & Subramanyam, Company Secretaries, Hyderabad represented by partner A. Ravi Shankar (FCS No: 5335, C.P No: 4318) were appointed as Scrutinizer. Their responsibilities included:

  • Scrutinizing votes cast through remote e-voting and Instapoll
  • Ascertaining results for all resolutions
  • Unblocking votes after meeting conclusion in presence of two witnesses not employed by the Company
  • Preparing consolidated report based on NSDL-generated reports

The scrutinizer confirmed that all votes were properly cast and counted, with no invalid votes reported.

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars