Meeting Details

  • Meeting Type: 42nd Annual General Meeting (AGM)
  • Date: September 22, 2026
  • Time: 11:00 A.M. IST
  • Location: Conducted through Video Conferencing/Other Audio Visual Means
  • Cut-off Date: September 15, 2026

Proposed Resolutions and Implications

Three ordinary resolutions were considered:

1. Adoption of Financial Statements: To consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026, along with reports of Board of Directors and Auditors.

2. Director Re-appointment: To appoint Mr. K. Krishna Swamy (DIN: 00840887) as director who retires by rotation and offered himself for re-appointment. Promoters were interested in this resolution.

3. Ratification of Cost Auditors' Remuneration: To ratify the remuneration of cost auditors.

Voting Process and Methods

  • Remote E-voting Period: September 18, 2026 (9:00 AM) to September 21, 2026 (5:00 PM) through NSDL platform
  • E-voting at AGM: Remote e-voting facility provided to shareholders present at AGM who had not cast votes earlier
  • Scrutinizer: L. Dhanamjaya Reddy of L D Reddy & Co, Company Secretaries
  • Voting Compliance: Conducted pursuant to Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 and SEBI LODR Regulations

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Votes Cast: 10,669,236 shares (48.9487% of outstanding shares)
  • In Favor: 10,669,214 shares (99.9998%)
  • Against: 22 shares (0.0002%)
  • Promoter Voting: 10,550,834 shares voted, 100% in favor
  • Public Non-Institutions: 118,402 shares voted, 99.9814% in favor, 0.0186% against
  • Result: Passed

Resolution 2: Director Re-appointment

  • Total Votes Cast: 10,669,238 shares (48.9487% of outstanding shares)
  • In Favor: 10,668,592 shares (99.9939%)
  • Against: 646 shares (0.0061%)
  • Promoter Voting: 10,550,834 shares voted, 100% in favor
  • Public Non-Institutions: 118,404 shares voted, 99.4544% in favor, 0.5456% against
  • Result: Passed

Resolution 3: Ratification of Cost Auditors' Remuneration

  • Total Votes Cast: 10,669,236 shares (48.9487% of outstanding shares)
  • In Favor: 10,669,211 shares (99.9998%)
  • Against: 25 shares (0.0002%)
  • Promoter Voting: 10,550,834 shares voted, 100% in favor
  • Public Non-Institutions: 118,402 shares voted, 99.9789% in favor, 0.0211% against
  • Result: Passed

Shareholder Participation Breakdown

Resolution 1 Participation:

  • Promoters: 10,550,834 shares voted (98.4420% of promoter holdings)
  • Public Institutions: 0 shares voted
  • Public Non-Institutions: 118,402 shares voted (1.0687% of public non-institution holdings)

Resolution 2 Participation:

  • Promoters: 10,550,834 shares voted (98.4420% of promoter holdings)
  • Public Institutions: 0 shares voted
  • Public Non-Institutions: 118,404 shares voted (1.0687% of public non-institution holdings)

Resolution 3 Participation:

  • Promoters: 10,550,834 shares voted (98.4420% of promoter holdings)
  • Public Institutions: 0 shares voted
  • Public Non-Institutions: 118,402 shares voted (1.0687% of public non-institution holdings)

Scrutinizer's Findings and Conclusions

L. Dhanamjaya Reddy confirmed:

  • Remote e-voting was conducted through NSDL platform
  • Voting period was from September 18-21, 2026
  • 149 shareholders participated with 10,669,236 shares voted across all resolutions
  • All three resolutions were duly passed by requisite majority
  • The scrutinizer's responsibility was limited to reporting votes cast for/against resolutions

Compliance Confirmation

The disclosure confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and relevant rules
  • MCA circulars including General Circular 03/2025 dated September 22, 2025
  • Voting conducted through electronic means as permitted by regulatory guidelines

Additional Information

  • Total outstanding shares: 21,796,770
  • Promoter holding: 10,717,817 shares
  • Public non-institution holding: 11,078,953 shares
  • No public institution shareholders participated in voting
  • The company provided remote e-voting facility during the AGM for shareholders who hadn't voted earlier