Meeting Details

The 27th Annual General Meeting was held on Monday, September 28, 2026 at 12:00 P.M. through Video Conferencing/Other Audio-Visual Means. The meeting transacted business mentioned in the Notice convening the AGM dated September 03, 2026.

Shareholder Participation

  • Total number of shareholders on record date: 48,946
  • Number of shareholders present in the meeting either in person or through proxy: 3 (all Promoters and Promoter Group)
  • Number of shareholders attended through Video Conferencing: 35 (1 Promoter and Promoter Group, 34 Public)

Resolution Details and Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Resolution Type: Ordinary Resolution
  • Description: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year ended 31st March, 2026 together with Reports of the Board of Directors, the Auditors thereon.
  • Promoter Interest: No
  • Voting Method: E-VOTING only (no poll or postal ballot conducted)

Category-wise Voting Results:

  • Promoter & Promoter Group: 27,712,981 shares held; 27,709,760 votes polled (99.99% participation); 100.00% in favor (27,709,760 votes); 0.00% against; 0 abstained
  • Public - Institutions: 44,662 shares held; 6,585 votes polled (14.74% participation); 100.00% in favor (6,585 votes); 0.00% against; 224 abstained
  • Public-Non Institutions: 11,692,357 shares held; 202,935 votes polled (1.74% participation); 100.00% in favor (202,934 votes); 0.00% against (1 vote); 0 abstained
  • TOTAL: 39,450,000 shares outstanding; 27,919,280 votes polled (70.77% participation); 100.00% in favor (27,919,279 votes); 0.00% against (1 vote); 224 abstained

Resolution 2: Director Reappointment

  • Resolution Type: Ordinary Resolution
  • Description: To appoint a director in place of Mrs. Sri Lakshmi Gaddipati (DIN: 02250598), who retires by rotation and, being eligible, offers herself for re-appointment.
  • Promoter Interest: Yes (promoter votes excluded from calculations)

Category-wise Voting Results (excluding interested promoter votes):

  • Public - Institutions: 44,662 shares held; 6,585 votes polled (14.74% participation); 100.00% in favor (6,585 votes); 0.00% against; 224 abstained
  • Public-Non Institutions: 11,692,357 shares held; 202,935 votes polled (1.74% participation); 95.26% in favor (193,324 votes); 4.74% against (9,611 votes); 0 abstained
  • TOTAL (excluding promoters): 20,952 votes polled; 95.41% in favor (199,909 votes); 4.59% against (9,611 votes); 224 abstained

Voting Process and Methods

The voting was conducted through:

1. Remote e-voting: Commenced at 09:00 A.M. (IST) on Friday, September 25, 2026 and ended at 05:00 P.M. (IST) on Sunday, September 27, 2026

2. E-voting during AGM: For members who attended through VC/OAVM and had not cast votes through remote e-voting

Bigshare Services Private Limited provided the electronic voting facility. The cut-off date for determining voting eligibility was Monday, September 21, 2026.

Scrutinizer's Role and Findings

Santhosh Kumar Gunemoni, Partner of VCAN & Associates, Practicing Company Secretaries, Hyderabad, was appointed as Scrutinizer. His responsibilities included:

  • Monitoring the remote e-voting and e-voting process through a secured link
  • Unblocking votes after the AGM conclusion in the presence of two independent witnesses
  • Downloading and verifying the list of members who voted in favor or against resolutions
  • Submitting a consolidated scrutinizer's report

The scrutinizer confirmed that all resolutions were passed with requisite majority and that the electronic data and relevant records are under his safe custody until the Chairman approves and signs the minutes.

Final Consolidated Results from Scrutinizer Report

  • Resolution 1: 27,919,504 total votes cast; 27,919,279 in favor (99.99%); 1 against (0.00%); 224 abstained (0.01%)
  • Resolution 2: 209,744 total votes cast (excluding promoters); 199,909 in favor (95.31%); 9,611 against (4.59%); 224 abstained (0.10%)

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings