Meeting Details
The 46th Annual General Meeting was held on Thursday, August 13, 2026, at 11:00 AM through Video Conferencing/Other Audio Visual Means. The deemed venue was the Registered Office at 150, Infantry Road, Embassy Point, Bangalore-560001.
Resolutions Passed
All three resolutions proposed at the AGM were approved with requisite majority:
Resolution 1: Ordinary Business - Ordinary Resolution
- Adoption of audited financial statements for the financial year ended March 31, 2026
- Approval of reports of Board of Directors and auditors on standalone basis
- Approval of consolidated financial statements for FY ended March 31, 2026
- Approval of Report of Auditors on consolidated financial statements
- Voting Results: 10,490,123 votes in favor (99.9984%) vs 167 votes against (0.0016%)
- 90 folios voted in favor, 3 folios voted against
Resolution 2: Ordinary Business - Ordinary Resolution
- Re-appointment of Mr. P.R. Ramakrishnan (DIN 00055416) as a director liable to retire by rotation
- Voting Results: 10,490,218 votes in favor (99.9984%) vs 72 votes against (0.0016%)
- 91 folios voted in favor, 2 folios voted against
Resolution 3: Special Business - Special Resolution
- Approval for continuation of Mr. P.R. Ramakrishnan (DIN: 00055416) as a Non-Executive Non-Independent Director upon attaining the age of 75 years on June 19, 2027
- Required under Regulation 17(1A) of SEBI LODR Regulations
- Voting Results: 10,490,218 votes in favor (99.9984%) vs 72 votes against (0.0016%)
- 91 folios voted in favor, 2 folios voted against
Voting Process and Participation
- Total shareholders as of record date (August 6, 2026): 7,389
- Remote e-voting period: August 10, 2026 (9:00 AM) to August 12, 2026 (5:00 PM)
- Electronic Voting Sequence Number: 260714005
- Voting service provider: Central Depository Services (India) Limited (CDSL)
- Total votes cast: 10,490,290 shares representing 93 folios
- No physical voting or voting during AGM - all voting conducted remotely
- Promoter holding: 9,665,787 shares (73.78% of total 13,101,052 shares)
- Promoter votes cast: 9,616,952 shares (99.49% of promoter holding)
- Public non-institutional votes cast: 873,338 shares (25.42% of public non-institutional holding of 3,435,265 shares)
Scrutinizer Appointment
- Mr. Umesh P Maskeri, Practicing Company Secretary (Certificate of Practice No. 12704) was appointed as scrutinizer
- Appointment made by Board of Directors at meeting held on May 8, 2026
Document Distribution
- Notice of AGM dated May 8, 2026 was dispatched on July 14, 2026
- Sent via email through CDSL Green initiatives to shareholders who registered email addresses
- Individual letters sent to shareholders without registered email addresses
- Newspaper advertisements published in Financial Express (English) and Hosa Digantha (Kannada) on July 15, 2026
Attachments Filed
1. Report of the Scrutinizer from Mr. Umesh P Maskeri, Practicing Company Secretary
2. Declaration of voting results
3. Voting Results as per format under Regulation 44(3) of LODR for 3 resolutions