Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Kaveri Seed Company Limited
Meeting Details
The 39th Annual General Meeting was held on Tuesday, 29th September 2026 from 12:00 PM to 12:40 PM (40 minutes duration) through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
Summary of Proposed Resolutions
The meeting considered and approved all nine agenda items from the Notice dated 13th August 2026:
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY 2025-26
2. Adoption of Audited Consolidated Financial Statements for FY 2025-26
3. Ratification of payment of Interim Dividend for FY 2025-26
4. Re-appointment of Mr. C. Vamsheedhar (DIN:01458939) as Director retiring by rotation
5. Re-appointment of Mr. C. Mithunchand (DIN:00764906) as Director retiring by rotation
Special Business:
6. Re-appointment and continuation of Mr. G.V. Bhaskar Rao (DIN:00892232) as Chairman & Managing Director notwithstanding attaining age seventy
7. Re-appointment and continuation of Mrs. G. Vanaja Devi (DIN:00328947) as Whole-time Director notwithstanding attaining age seventy
8. Re-appointment and continuation of Mr. C. Vamsheedhar as Whole-time Director
9. Re-appointment and continuation of Mr. C. Mithunchand as Whole-time Director
Voting Process and Methods
The company provided remote e-voting facility pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014.
E-voting period: Saturday, 26th September 2026 at 9:00 AM to Monday, 28th September 2026 at 5:00 PM through CDSL platform.
Members present at the AGM who had not cast votes through e-voting were allowed to vote during the meeting.
Mr. L. Dhanamjai Reddy (CP No. 3752), Practicing Company Secretary, was appointed as Scrutinizer for the voting process.
Key Voting Outcomes
Total Shareholders on Record Date: 57,817
Members Present through VC/OAVM: 71
Public Members Present through VC/OAVM: 67
Overall Voting Participation:
- Total Outstanding Shares: 5,14,39,071
- Total Votes Polled: 3,85,04,202 (74.85% participation)
Resolution-wise Results:
1. Agenda 1 (Standalone Financials): 100% approval (3,84,88,385 votes for, 1,110 against)
2. Agenda 2 (Consolidated Financials): 100% approval (3,84,88,385 votes for, 1,110 against)
3. Agenda 3 (Interim Dividend): 100% approval (3,85,03,092 votes for, 1,110 against)
4. Agenda 4 (C. Vamsheedhar Re-appointment): 99.89% approval (3,84,63,236 votes for, 40,966 against)
5. Agenda 5 (C. Mithunchand Re-appointment): 94.98% approval (3,65,72,006 votes for, 19,32,196 against)
6. Agenda 6 (G.V. Bhaskar Rao Re-appointment): 94.96% approval (3,65,62,493 votes for, 19,41,709 against)
7. Agenda 7 (G. Vanaja Devi Re-appointment): 94.72% approval (3,64,69,841 votes for, 20,34,361 against)
8. Agenda 8 (C. Vamsheedhar Whole-time Director): 99.89% approval (3,84,63,663 votes for, 40,539 against)
9. Agenda 9 (C. Mithunchand Whole-time Director): 95.07% approval (3,66,06,965 votes for, 18,97,237 against)
Category-wise Voting Breakdown:
- Promoter & Promoter Group: 100% voted in favor of all resolutions (3,11,22,242 shares)
- Public Institutions: Varied approval between 72.37%-100% across resolutions
- Public Non-Institutions: Consistent ~95.27% approval across resolutions
Scrutinizer's Role and Findings
Mr. L. Dhanamjai Reddy of L.D. Reddy & Co., Company Secretaries, was appointed as Scrutinizer. His consolidated report confirmed:
- Remote e-voting conducted through CDSL platform
- Voting period: 26th to 28th September 2026
- Cut-off date for voting eligibility: 22nd September 2026
- All votes properly scrutinized and counted
- Detailed shareholder-wise voting results provided for each resolution
Compliance Confirmation
The company confirmed compliance with:
- Section 108 of Companies Act, 2013
- Rule 20 of Companies (Management and Administration) Rules, 2014
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- General Circulars issued by Ministry of Corporate Affairs