AGM Details
The 26th Annual General Meeting was held on September 12, 2026, through video conferencing/other audio visual means. The meeting commenced at 11:00 AM IST and concluded at 12:10 PM IST. The record date for determining shareholders entitled to vote was September 4, 2026.
Shareholder Participation
- Total number of shareholders on record date: 138,638
- Shareholders attending through video conferencing: 59 (3 Promoters/Promoter Group, 56 Public)
- No shareholders attended in person or through proxy
Voting Mechanics
- Remote e-voting period: September 9, 2026 (9:00 AM IST) to September 11, 2026 (5:00 PM IST)
- Scrutinizer: Ashwini Inamdar, Practicing Company Secretary and Partner, M/s. Mehta & Mehta
- Voting service provider: Central Depository Services Limited (CDSL)
- Total outstanding shares: 47,732,637
Resolution Outcomes
Resolution 1: Adoption of Standalone and Consolidated Financial Statements
- Type: Ordinary Resolution
- Result: Passed
- Total votes polled: 38,905,085 shares (81.5063% of outstanding shares)
- Votes in favor: 38,903,021 shares (99.9999% of valid votes cast)
- Votes against: 31 shares (0.0001% of valid votes cast)
- Invalid votes: 30,751 shares (28600 from Public Institutions, 118 from Public Non-Institutions, 33 abstained)
Resolution 2: Declaration of Final Dividend of ₹5 per Equity Share
- Type: Ordinary Resolution
- Result: Passed
- Total votes polled: 38,905,052 shares (81.5063% of outstanding shares)
- Votes in favor: 38,905,052 shares (100.0000% of valid votes cast)
- Votes against: 0 shares
- Invalid votes: 28,718 shares (28600 from Public Institutions, 118 from Public Non-Institutions)
Resolution 3: Appointment of Mr. Narayanankutty Kottiedath Venugopal as Executive Director
- Type: Ordinary Resolution
- Result: Passed
- Total votes polled: 38,905,085 shares (81.5063% of outstanding shares)
- Votes in favor: 38,713,026 shares (99.5063% of valid votes cast)
- Votes against: 192,059 shares (0.4937% of valid votes cast)
- Invalid votes: 28,718 shares (28600 from Public Institutions, 118 from Public Non-Institutions)
- Director DIN: 00296465
Resolution 4: Ratification of Remuneration to Cost Auditors
- Type: Ordinary Resolution
- Result: Passed
- Total votes polled: 38,905,054 shares (81.5063% of outstanding shares)
- Votes in favor: 38,905,054 shares (100.0000% of valid votes cast)
- Votes against: 0 shares
- Invalid votes: 28,718 shares (28600 from Public Institutions, 118 from Public Non-Institutions)
- Cost Auditor: M/s. Harshad S Deshpande & Associates
- Firm Registration No.: 00378
- Period: Financial year 2026-27
Voting Pattern Analysis
- Promoter and Promoter Group: 25,686,615 shares (100% participation, 100% in favor on all resolutions)
- Public Institutions: 14,486,569 shares (90.6263% participation)
- Public Non-Institutions: 7,559,453 shares (1.1882% participation)
- Overall participation: 81.5063% of total outstanding shares
Invalid Votes Breakdown
- Public Institutions: 28,600 shares invalid in remote e-voting
- Public Non-Institutions: 118 shares invalid in venue voting
- No invalid votes from Promoter and Promoter Group