Nature of Event

The company submitted proceedings of its 40th Annual General Meeting (AGM) held on 26th August 2026 to BSE Limited, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

Meeting Details

The 40th Annual General Meeting was held on Wednesday, 26th August 2026 at 11:00 AM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

The meeting commenced at 11:00 AM and concluded at 12:21 PM.

The meeting was conducted in accordance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of SEBI (LODR) Regulations 2015, and various MCA and SEBI circulars.

Attendance

Directors Present:

  • Dr. Nalla G Palaniswami (Managing Director)
  • Dr. Arun N Palaniswami (Joint Managing Director)
  • Dr. Purani P Palaniswami (Non-Independent Director)
  • Dr. M.C. Thirumoorthi (Non-Independent Director)
  • Dr. Mohan S Gounder (Non-Independent Director)
  • Mr. A.P. Ammasaikutti (Independent Director)
  • Dr. K. Kolandaswamy (Independent Director)
  • Mr. M. Rathinasamy (Independent Director)
  • Mr. M. Balasubramaniam (Independent Director)
  • Mr. M. Alagiriswamy (Independent Director and Chairman of Audit Committee and Stakeholders Relationship Committee)

Other Attendees:

  • C.P.K. Gopikrishnan (Chief Financial Officer)
  • CS R. Ponmanikandan (Company Secretary)
  • Mr. C.S. Sathyanarayanan and Mr. Kaushik Sidartha (Statutory Auditors)
  • Mrs. Supriya from M/s. KSR and Co. Company Secretaries LLP (Secretarial Auditor)
  • Mr. K. Duraisami (Scrutinizer)

Members Present: 64 shareholders attended the meeting.

Voting Procedures

Remote e-voting facility was provided through NSDL, commencing on 23.08.2026 (9:00 AM) and ending on 25.08.2026 (5:00 PM).

Shareholders present at the AGM who had not cast votes through remote e-voting were provided an opportunity to cast votes through e-voting during the meeting, with the facility remaining open for 15 minutes after the meeting.

Mr. K. Duraisami was appointed as Scrutinizer to conduct the remote e-voting and e-voting process in a fair and transparent manner.

Agenda Items and Resolutions

1. Adoption of Financial Statements for the financial year ended 31.03.2026

2. Declaration of Dividend (Ordinary Resolution)

3. Appointment of Dr. M.C. Thirumoorthi as a director liable to retire by rotation (Special Resolution)

4. Reappointment of Cost Auditor for the Company and ratification of their remuneration

Other Proceedings

The Chairman delivered a speech providing a brief update on the operational & financial performance and outlook of the company.

The Statutory Auditors, M/s VKS Aiyer & Co., accepted the Auditors Report for the year ended 31st March 2026, which contained no adverse remarks.

Shareholders raised queries during the meeting, which were answered by the management.