Meeting Details
The 45th AGM was held on Friday, July 31, 2026, at 9:45 AM IST at Nani Kalai Arangam, Mani Higher Secondary School, Pappanaickenpalayam, Coimbatore-641037, Tamil Nadu in physical mode. The meeting was conducted to transact business mentioned in the notice dated May 20, 2026.
Voting Process
Remote e-voting was conducted between July 28, 2026 (9:00 AM) to July 30, 2026 (5:00 PM) in accordance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. Voting by ballot was also provided at the AGM venue.
Record Date and Shareholder Information
- Record Date: July 24, 2026
- Total number of shareholders on record date: 9,105
- Shareholders present in meeting (in person or through proxy): 52 (4 Promoter/Promoter Group, 48 Public)
- Shareholders attended through video conferencing: Nil
Voting Results Overview
All five resolutions mentioned in the AGM notice were duly passed with requisite majority as declared by Smt. Nethra J.S. Kumar, Chairperson and Managing Director, based on the scrutinizer report provided by Sri. B. Krishnamoorthi, Chartered Accountant.
Resolution 2: Declaration of Dividend for FY2026 (Ordinary Resolution)
- Total shares outstanding: 2,458,000
- Total votes polled: 1,069,738 (43.5207% of outstanding shares)
- Votes in favor: 1,069,720 (99.9983% of votes polled)
- Votes against: 18 (0.0017% of votes polled)
Breakdown by category:
- Promoter and Promoter Group: 888,198 shares voted 100% in favor via e-voting
- Public Institutions: 100 shares, no votes polled
- Public Non-Institutions: 1,569,702 shares, 181,540 votes polled (11.5653% of category), with 181,522 in favor (99.9901%) and 18 against (0.0099%)
Resolution 3: Re-appointment of Sri. D. Senthilkumar (DIN: 00006172) as Director (Ordinary Resolution)
- Total shares outstanding: 2,458,000
- Total votes polled: 1,069,738 (43.5207% of outstanding shares)
- Votes in favor: 1,069,720 (99.9983% of votes polled)
- Votes against: 18 (0.0017% of votes polled)
Breakdown identical to Resolution 2.
Resolution 5: Ratification of Remuneration to Cost Auditor (Ordinary Resolution)
Ratification of remuneration payable to Sri. S. Subbaraman, Proprietor of S. Subbaraman & Associates (Firm Registration No: 100526), Cost Accountant for financial year 2026-2027.
- Total shares outstanding: 2,458,000
- Total votes polled: 1,069,738 (43.5207% of outstanding shares)
- Votes in favor: 1,069,720 (99.9983% of votes polled)
- Votes against: 18 (0.0017% of votes polled)
Breakdown identical to Resolutions 2 and 3.
Resolution 6: Approval of Material Related Party Transactions with LMW Limited (Ordinary Resolution)
Approval for material related party transactions with LMW Limited (formerly Lakshmi Machine Works Limited).
- Total shares outstanding: 2,458,000
- Total votes polled: 181,540 (7.3857% of outstanding shares)
- Votes in favor: 181,522 (99.9901% of votes polled)
- Votes against: 18 (0.0099% of votes polled)
Breakdown by category:
- Promoter and Promoter Group: 888,198 shares, no votes polled (0% participation)
- Public Institutions: 100 shares, no votes polled
- Public Non-Institutions: 1,569,702 shares, 181,540 votes polled (11.5653% of category), with 181,522 in favor (99.9901%) and 18 against (0.0099%)
Resolution 8: Amendment of Articles of Association (Special Resolution)
- Total shares outstanding: 2,458,000
- Total votes polled: 1,069,738 (43.5207% of outstanding shares)
- Votes in favor: 1,069,720 (99.9983% of votes polled)
- Votes against: 18 (0.0017% of votes polled)
Breakdown identical to Resolutions 2, 3, and 5.