Meeting Details

  • Meeting Type: 31st Annual General Meeting (AGM)
  • Meeting Date: Thursday, 24th September 2026
  • Meeting Time: Commenced at 11:00 AM (IST) and concluded at 11:41 AM (IST)
  • Meeting Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)

Proposed Resolutions and Implications

The following five businesses were transacted as per the notice of the 31st AGM:

1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements of the Company along with Audited Consolidated Financial Statements of the Company and its Subsidiaries for the financial year ended 31/03/2026 together with the Reports of Auditor and Board of Directors thereon.

2. Ordinary Resolution: Declaration of Dividend at the rate of 10% on the face value of equity shares of the Company.

3. Ordinary Resolution: Appointment of a Director, in the place of Mr. Vinod R. Sethi, Executive Director who retires by rotation and being eligible, offers himself for reappointment.

4. Special Resolution: Ratification of Minimum Remuneration paid to Ms. Kiran Velagapudi, Executive Director of the Company during the Financial year 2025-26.

5. Ordinary Resolution: Ratification of Remuneration to Cost Auditor for the Financial year ending 31/03/2027.

Voting Process and Methods

The AGM was conducted through Video Conferencing/Other Audio-Visual Means in line with circulars issued by the Ministry of Corporate Affairs and SEBI.

  • E-voting facility was available and was kept open for 15 minutes post conclusion of the AGM for members who had not yet cast their votes.
  • M/s. P Muthukumaran and Associates, Practicing Company Secretary, was appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner.

Attendance and Participation

  • Quorum: Confirmed as present with 58 members joining the AGM through virtual mode.
  • Shareholder Participation: Four shareholders registered as Speaker Shareholders, with two actually joining the session for Shareholders' Question & Answer.

Board Members and Dignitaries Present

The following individuals participated in the AGM through VC/OAVM:

| S. No. | Name | Designation |

| 1. | Ms. Irmgard Velagapudi | Managing Director and Chairman of CSR Committee |

| 2. | Ms. Kiran Velagapudi | Executive Director |

| 3. | Mr. K. R. Adivarahan | Independent Director and Chairman of Audit Committee |

| 4. | Mr. K. Kalyanaraman | Independent Director and Chairman of Nomination and Remuneration Committee |

| 5. | Mr. R. Bakthavatsalam | Independent Director and Chairman of Stakeholders Relationship Committee |

| 6. | Ms. Malini Lakshmi Narasimhan | Independent Director |

| 7. | Mr. K. Panneer Selvan | Chief Financial Officer |

| 8. | Ms. I. L. Florence | Group Vice President (HR and Admin) |

| 9. | Mr. B.S. Purshotham, Partner of M/s. B. Purushottam & Co., Chartered Accountants | Statutory Auditors |

| 10. | Mr. Santhosh, representative of M/s. SRR & Associates | Cost Auditor |

| 11. | Mr. M. Siddhart Sankar Raja, Partner, representative of M/s. Vimala & Pankaj | Internal Auditors |

The Chairpersons of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were also confirmed present.

Key Proceedings

  • The Company Secretary, Mr. Karthik Narayanan, welcomed members and confirmed quorum.
  • Mr. Vinod R. Sethi, Chairman, called the meeting to order.
  • The Register of Directors & KMP and their shareholding and Register of Contracts or Arrangement were available for inspection during the AGM.
  • The Chairman delivered a speech on the operational and financial performance for FY 2025-26.
  • The Chairman noted that the Statutory Auditors Report and Secretarial Auditor Report were free from any qualifications or observations.
  • A Q&A session was conducted with responses provided by the Chairman and Chief Financial Officer.
  • Ms. Kiran Velagapudi, Executive Director, gave a vote of thanks.

Compliance Statement

The meeting was conducted in compliance with the provisions of the Companies Act, 2013, MCA Circulars, and SEBI Listing Regulations. The notice convening the meeting, report of Board of Directors, and financial statements for FY ending 31st March 2026 were circulated to all members as required.