Meeting Details

The 18th Annual General Meeting was held on Wednesday, August 19, 2026, at 03:00 P.M. IST through Video Conferencing/Other Audio-Visual Means. The meeting started at 03:05 PM and concluded at 04:27 PM.

Proposed Resolutions and Implications

Six resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt audited financial statements (Standalone and Consolidated) for FY ended March 31, 2026

2. Ordinary Resolution: To re-appoint Mr. Krishna Raj Sharma (DIN: 03091392) as Executive Director

3. Special Resolution: To re-appoint Mr. Nagendra Venkaswamy (DIN: 02404533) as Independent Director

4. Special Resolution: To re-appoint Mr. Sumith Ramrao Kamath (DIN: 05101088) as Independent Director

5. Special Resolution: To re-appoint Ms. Kalpana Rangamani (DIN: 10737740) as Independent Director

6. Ordinary Resolution: To re-appoint Mr. Kabir Kishin Thakur (DIN: 08422362) as Non-Executive Director

Voting Process and Methods

The company provided members with remote e-voting and e-voting during the AGM. The remote e-voting period commenced from 9:00 IST on Sunday, August 16, 2026, and concluded at 17:00 IST on Tuesday, August 18, 2026. The cut-off date for determining voting eligibility was Wednesday, August 12, 2026.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 49,245
  • Total outstanding shares: 5,46,30,380 (Five Crore Forty-Six Lakh Thirty Thousand Three Hundred and Eighty)
  • Total votes cast across all resolutions: 380,428,722 shares (69.6368% of outstanding shares)
  • Promoters & Promoter Group participation: 100% (17,543,567 shares voted)
  • Public Institutions participation: 66.7034% (4,011,248 shares voted)
  • Public Non-Institutions participation: 53.0617% (16,488,057 shares voted)

Resolution-wise Results

Resolution 1 (Ordinary - Financial Statements Adoption)

  • Votes in favor: 380,427,222 (99.9996%)
  • Votes against: 150 (0.0004%)
  • Result: Approved

Resolution 2 (Ordinary - Reappoint Krishna Raj Sharma)

  • Votes in favor: 340,994,489 (99.9991%)
  • Votes against: 316 (0.0009%)
  • Result: Approved

Resolution 3 (Special - Reappoint Nagendra Venkaswamy)

  • Votes in favor: 340,994,435 (99.9989%)
  • Votes against: 370 (0.0011%)
  • Result: Approved

Resolution 4 (Special - Reappoint Sumith Ramrao Kamath)

  • Votes in favor: 340,994,485 (99.9991%)
  • Votes against: 320 (0.0009%)
  • Result: Approved

Resolution 5 (Special - Reappoint Kalpana Rangamani)

  • Votes in favor: 329,723,349 (96.6937%)
  • Votes against: 11,27,456 (3.3063%)
  • Result: Approved

Resolution 6 (Ordinary - Reappoint Kabir Kishin Thakur)

  • Votes in favor: 340,994,435 (99.9989%)
  • Votes against: 370 (0.0011%)
  • Result: Approved

Scrutinizer's Role and Findings

Padmavathi & Vijayesh Associates LLP (ICSI Unique Code: L2024KR016900) was appointed as Scrutinizer by the Board of Directors at their meeting held on Tuesday, July 14, 2026. The scrutinizer team was represented by Mr. Vijayesh R (Membership No. F12248; Certificate of Practice No. 27386) and Mrs. Padmavathi Kavoor (Membership No. F6457; Certificate of Practice No. 3963).

The scrutinizer confirmed that the voting process was conducted in compliance with Section 108 of the Companies Act, 2013 read with Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI LODR Regulations. NSDL was engaged as the e-voting agency. Two independent witnesses (Ms. Neha R Kore and Ms. Pragathi P Nayak) were present during the vote counting process.

Compliance Confirmation

The company confirmed compliance with all applicable laws and regulations including the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and relevant MCA and SEBI circulars regarding conducting AGM through VC/OAVM and voting procedures.