Meeting Details

The 23rd Annual General Meeting was held on Wednesday, July 29, 2026, at 02:30 PM Indian Standard Time (IST). The meeting was conducted entirely through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and was deemed to have been held at the Registered Office of the Company: No. 9, Gokul Buildings, A.K.S. Nagar, Thadagam Road, Coimbatore - 641 001.

Attendance

Members Present: A total of 51 members were present, comprising 10 Promoter & Promoter Group members and 41 Public members.

Other Attendees: The meeting was attended by the Company's Directors, the Chairman of the Audit Committee, the Chairman of the Nomination & Remuneration Committee, the Chairman of the Stakeholder Relationship Committee, the Chief Financial Officer, the Company Secretary, the Statutory Auditors (BSR & Co LLP), the Secretarial Auditor (Mr. K. Radhakrishnan), and the Scrutinizer (Mr. A. Vetrivel).

Mr. K.P. Ramasamy, Chairman, presided over the meeting.

Summary of Proposed Resolutions and Proceedings

The meeting agenda included four ordinary resolutions:

Item No. 1: Adoption of Audited Financial Statements

Resolution: To approve and adopt the Audited Financial Statements (Standalone & Consolidated) for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.

Item No. 2: Declaration of Dividend

Resolution: To declare a Final Dividend of 250% (₹2.50 per equity share of face value ₹1/- each) for the financial year 2025-26 to entitled shareholders.

Item No. 3: Re-appointment of Director

Resolution: To re-appoint Mr. C.R. Anandakrishnan (DIN: 00003748), who retired by rotation, as a Director of the Company.

Item No. 4: Ratification of Cost Auditor Remuneration

Resolution: To ratify the payment of remuneration of ₹50,000/- (plus GST and out-of-pocket expenses) to Mr. B. Venkateswar, Cost Accountant (M.No.27622), for conducting the cost audit for the financial year ending March 31, 2027.

The Chairman's speech was delivered, and a session was held for registered shareholder speakers. Queries received via email and during the meeting were addressed.

Voting Process and Methods

The Company provided a facility for Remote e-voting for its members prior to the meeting. For members participating in the AGM, an e-voting facility was kept open for 15 minutes after the conclusion of the meeting (until 03:19 PM IST) through the platform provided by NSDL. The facility for appointment of proxies was not applicable as the meeting was held via VC/OAVM.

Key Voting Outcomes and Scrutinizer's Report

According to the report of the Scrutinizer, Mr. A. Vetrivel, all four resolutions (Item Nos. 1 to 4) were passed as Ordinary Resolutions. The detailed voting results (total votes cast, percentage in favor/against, category-wise participation) are not provided in this proceedings document; they were to be declared separately on the websites of the Company, NSE, BSE, and NSDL.

Compliance Confirmation

The proceedings confirm that the meeting was conducted in compliance with the applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following circulars issued by the MCA and SEBI.

Other Information

The meeting commenced at 02:30 PM IST and concluded at 03:04 PM IST.

A soft copy of the Register of Directors and Key Managerial Personnel and their shareholding, maintained under Section 170 of the Companies Act, 2013, was available for inspection by members during the AGM.