Nature of the Event

The 64th AGM was duly held on Wednesday, September 9, 2026, at 09:15 AM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in accordance with Section 96 and 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI (LODR) Regulations, 2015, and relevant MCA Circulars.

Directors and Officials Present

The following Directors were present through VC/OAVM:

  • Sri. Sharath Jagannathan (DIN: 07298941) - Chairman and Managing Director
  • Sri. Rajkumar Agarwal (DIN: 09399020) - Executive Director
  • Sri. Ashwin Chandran (DIN: 00001884) - Independent Director and Chairman of the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholders Relationship Committee
  • Sri. Harsha Varadaraj (DIN: 06856957) - Independent Director

Also in attendance were:

  • Sri. R. Nagarajan, Chief Financial Officer
  • Sri. S. Piramuthu, Company Secretary and Compliance Officer

The Statutory Auditor, Sri. CA. P. Marimuthu of M/s. Marimuthu and Associates, and the Secretarial Auditor/Scrutinizer, Sri. M. D. Selvaraj, Managing Partner of M/s. MDS & Associates LLP, were also present.

Sri. Ramasamy Kannan (DIN: 00951451, Non-Executive Director), Sri. Vijayraghunath (DIN: 00002963, Independent Director), and Mrs. Manian Kanikha (DIN: 05199251, Independent Director) were absent due to pre-occupation and were exempted.

Meeting Proceedings and Attendance

A total of 66 members, representing 68,86,384 equity shares, attended the meeting via VC/OAVM.

The remote e-voting facility was provided by MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The remote e-voting window was from 09:00 AM (IST) on Sunday, September 6, 2026, to 05:00 PM (IST) on Tuesday, September 8, 2026. Shareholders present at the AGM who had not voted remotely were given an opportunity to vote via e-voting during the meeting.

Sri. M D Selvaraj was appointed as the Scrutinizer to conduct the voting process.

The meeting commenced at 09:15 AM and concluded at 09:45 AM (IST). The e-voting facility at the meeting was kept open for an additional 15 minutes until 10:00 AM (IST).

The notice of the AGM along with the audited financial statements and the Directors' report for the year ended March 31, 2026, was taken as read. There were no qualifications, reservations, or adverse remarks in the Statutory Auditors' Report or the Secretarial Auditors Report.

Resolutions Transacted

Ordinary Business

1. Adoption of Financial Statements: Adoption of the Audited Financial Statements for the year ended March 31, 2026, including the Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, Statement of Changes in Equity, and reports of the Board of Directors and Auditors. (Ordinary Resolution)

2. Declaration of Dividend: Declaration of a dividend of INR 1 (One Rupee) per equity share for the financial year ended March 31, 2026. (Ordinary Resolution)

Special Business

3. Re-appointment of Director: Re-appointment of Sri. Sharath Jagannathan (DIN: 07298941) as a director liable to retire by rotation. (Ordinary Resolution)

For this agenda item and the next, Sri. Sharath Jagannathan vacated the chair, and Sri. Ashwin Chandran occupied it.

4. Re-appointment as Chairman & MD: Approval for the re-appointment of Sri. Sharath Jagannathan (DIN: 07298941) as Chairman and Managing Director for a further period of 3 years with effect from January 25, 2027, and for the remuneration payable to him. (Special Resolution)

After these items were transacted, Sri. Ashwin Chandran vacated the chair, and Sri. Sharath Jagannathan re-occupied it.

5. Ratification of Cost Auditor Remuneration: Ratification of the remuneration payable to M/s. P. Mohan Kumar & Co. (Firm Registration No.100490), Cost Auditor of the Company, for the financial year 2026-27. (Ordinary Resolution)

Other Proceedings

Ten shareholders were registered as speakers. Queries from available speaker shareholders were answered by the Chairman and Managing Director and the Executive Director. No queries were received through the chat box.

The results of the e-voting were to be declared within the prescribed time. The consolidated scrutinizer's report and voting results were to be submitted to BSE Limited and placed on the websites of MUFG Intime India Private Limited (https://instavote.linkintime.co.in) and the Company (www.klrf.in).

The resolutions were deemed passed subject to receipt of the requisite majority.