Meeting Details
- Meeting Type: 102nd Annual General Meeting
- Date: September 29, 2026
- Time: Commenced at 9:30 AM and concluded at 10:30 PM
- Location: 'MANJEERA' Banquet Meeting Hall, 2nd Floor, HOTEL THE PLAZA (Tourism Plaza/Telangana Tourism), Greenlands, Begumpet, Hyderabad 500 016
- Chairperson: Dr. D. Nageswara Rao
Proceedings Overview
The meeting was chaired by Dr. D. Nageswara Rao who confirmed the requisite quorum was present. The Company Secretary informed that statutory registers, proxy register, auditors' report, secretarial auditor's report, and other documents were made available for member inspection. The CFO read the Auditors' Report on financial statements. The notice convening the 102nd AGM and Directors' Report were taken as read with member consent.
Voting Process and Methods
The voting process was conducted in compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of SEBI (LODR) Regulations:
- Remote e-voting period: Commenced on September 26, 2026 (9:00 AM) and ended on September 28, 2026 (5:00 PM)
- Physical voting: Facility of voting through ballot papers was made available at the AGM venue
- Scrutinizer: Smt. N Madhavi, Practicing Company Secretary, was appointed to scrutinize both e-voting and physical polling processes
- Members attending the AGM who had not voted remotely were able to vote through ballot papers
Proposed Resolutions
The following three ordinary resolutions were proposed and voted upon:
Item No. 1: Ordinary Resolution to receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereon.
Item No. 2: Ordinary Resolution to declare dividend of Rs. 2.50 for the Financial Year 2025-26.
Item No. 3: Ordinary Resolution to appoint a Director in the place of Sri K. Kapil Prasad, who retires by rotation and being eligible offers himself for re-appointment.
Voting Outcomes and Scrutinizer's Role
The Chairman announced that the scrutinizer would submit her report on voting after considering both remote e-voting and physical ballot results within 48 hours. The results would be notified to stock exchanges and uploaded on the company's website. The document does not provide specific vote counts or percentage breakdowns by shareholder category.
Compliance Confirmation
The proceedings confirm compliance with applicable regulations including Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended, and Regulation 44 of SEBI (LODR) Regulations, 2015.