Meeting Details

The 37th Annual General Meeting was held through Video Conference (VC) / Other Audio Visual Means (OAVM) at 11:30 A.M. on Friday, July 31, 2026.

Proposed Resolutions and Implications

Three ordinary resolutions were proposed for shareholder approval:

1. Resolution No. 1: Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.

2. Resolution No. 2: Reappointment of Mr. Danny Samuel (DIN: 02348135), a Director who retired by rotation.

3. Resolution No. 3: Ratification of the remuneration payable to the Cost Auditor, M/s Narasimha Murthy & Co., Cost Accountants (Registration No. 00042), for the financial years 2025-26 and 2026-27.

Voting Process and Methods

The voting was conducted exclusively via remote e-voting on the platform provided by National Securities Depository Limited (NSDL) at https://www.evoting.nsdl.com, in accordance with MCA Circulars. Physical polling was not conducted. The cut-off date for determining member eligibility was July 23, 2026. The remote e-voting period commenced on July 28, 2026, at 09:00 A.M. (IST) and ended on July 30, 2026, at 05:00 P.M. (IST).

Key Voting Outcomes

Overall Participation

  • Total number of members who participated in voting: 112
  • Number of members who voted via remote e-voting: 112
  • Number of members who voted on the day of the AGM: NIL
  • Total paid-up share capital of the Company as of the cut-off date: ₹131,72,10,780 (13,11,21,078 equity shares of ₹10 each)
  • Total number of votes polled across all resolutions: 55,440,008 shares

Resolution-wise Results

Resolution No. 1: Adoption of Financial Statements

  • Total votes polled: 55,440,008
  • Votes in favor: 55,439,823 (100.000%)
  • Votes against: 185 (0.000%)
  • Invalid votes: 0

Result: Passed with requisite majority.

Resolution No. 2: Reappointment of Mr. Danny Samuel

  • Total votes polled: 55,440,008
  • Votes in favor: 55,439,787 (100.000%)
  • Votes against: 221 (0.000%)
  • Invalid votes: 0

Result: Passed with requisite majority.

Resolution No. 3: Ratification of Cost Auditor Remuneration

  • Total votes polled: 55,440,008
  • Votes in favor: 55,439,823 (100.000%)
  • Votes against: 185 (0.000%)
  • Invalid votes: 0

Result: Passed with requisite majority.

Scrutinizer's Role and Findings

Mr. Sabyasachi Panigrahi, Proprietor of M/s S PANIGRAHI & ASSOCIATES, Company Secretaries (Membership No. FCS 4522, COP No. 27507), was appointed as the Scrutinizer by the Board of Directors via a resolution passed on May 27, 2026. His responsibility was to scrutinize the remote e-voting process in a fair and transparent manner. The votes were unblocked on July 31, 2026, after 12:35 P.M. in the presence of two independent witnesses. The scrutinizer confirmed that the voting was conducted using the NSDL platform and the results were based on the reports generated from its electronic registry.

Compliance with Laws and Regulations

The report confirms compliance with:

  • Sections 108 and 110 of the Companies Act, 2013
  • Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014
  • MCA General Circular Nos. 14/2020, 17/2020, 09/2023, 09/2024, and 03/2025
  • Regulation 44 of the SEBI LODR Regulations, 2015
  • Secretarial Standard - 2 on General Meetings

The Company published pre-dispatch (June 29, 2026) and post-dispatch (July 06, 2026) advertisements in newspapers regarding the AGM notice, as required.

Additional Information

The register containing the voting details will be handed over to the Company Secretary for preservation after the Chairman approves and signs the meeting minutes. The annual report was dispatched to shareholders via email; physical copies were sent upon request.