Voting Process Details
The Company offered two voting facilities for all four resolutions:
- Remote E-Voting commenced on Wednesday, 24th June 2026 (09:00 A.M.) and ended on Friday, 26th June 2026 (05:00 P.M.)
- E-voting at the venue of AGM (e-AGM) conducted on 27th June 2026
Shareholder Participation
- Total number of shareholders on cut-off date (20.06.2026): 22,781
- Shareholders present through video conference: 72 total (10 Promoter and Promoter Group, 62 Public)
- No shareholders were present in person or through proxy at the physical venue
Resolution Outcomes
All four resolutions were passed with requisite majority based on combined votes from Remote E-Voting and E-Voting at the AGM.
Resolution No. 1: Adoption of Financial Statements (Ordinary Resolution)
- Promoter interest: No
- Total votes polled: 48,68,219 shares (54.31% of outstanding 89,63,840 shares)
- Votes in favor: 48,68,209 (99.9998%)
- Votes against: 10 (0.0002%)
- Promoter group: 100% voted in favor (38,60,327 shares)
- Public institutions: 100% voted in favor (5,37,107 shares)
- Public non-institutions: 99.998% voted in favor (4,70,775 of 4,70,785 votes)
Resolution No. 2: Declaration of Dividend (Ordinary Resolution)
- Promoter interest: Yes - to the extent of shareholding
- Total votes polled: 48,68,219 shares (54.31% of outstanding shares)
- Votes in favor: 48,68,209 (99.9998%)
- Votes against: 10 (0.0002%)
- Voting pattern identical to Resolution No. 1 across all shareholder categories
Resolution No. 3: Reappointment of Mr. M. Ignatius (DIN: 08463140) as Director (Ordinary Resolution)
- Total votes polled: 48,68,219 shares
- Votes in favor: 48,68,079 (99.9971%)
- Votes against: 140 (0.0029%)
- 72 members voted in favor, 4 members voted against
Resolution No. 4: Commission to Non-Executive Directors (Ordinary Resolution)
- Promoter interest: Yes
- Total votes polled: 48,68,219 shares
- Votes in favor: 48,35,594 (99.3298%)
- Votes against: 32,625 (0.6702%)
- 70 members voted in favor, 6 members voted against
- Public non-institutions showed significant opposition with 32,625 votes against (6.93% of their votes)
Scrutinizer's Report
A.S. Kalyanaraman, Practicing Chartered Accountant (Membership No. 201149), was appointed as Scrutinizer by the Board of Directors on 12.05.2026. Key verification points:
- Softcopy of 65th Annual Report sent to shareholders with registered email IDs on 04.06.2026
- Notice sent to all shareholders entitled to vote
- Advertisements published in Business Standard and Maalai Malar on 01.06.2026 and 05.06.2026
- E-voting process conducted fairly and transparently through CDSL
- Votes were unblocked and downloaded on 27.06.2026 in presence of witnesses Mr. S Viswanathan and Mr. R Srinivasan
- No invalid votes were recorded in any resolution