Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Madhucon Projects Limited

Meeting Details

The 36th Annual General Meeting was held on Tuesday, 29th September 2026 at 3:00 PM (IST) at the Registered Office of the Company situated at 1-7-70, Madhu Complex, Jublipura, Khammam-507 003. The meeting commenced at 3:00 PM and concluded at 3:30 PM on the same day.

Proposed Resolutions and Implications

Seven resolutions were proposed and voted upon:

1. To receive, consider and adopt Annual Accounts for FY ended 31st March 2026, including Audited Standalone and Consolidated Financial Statements in IND AS format with Reports of Board of Directors and Auditors

2. To appoint a director in place of Mr. K. Venkateswarlu (DIN: 09713108), who retires by rotation

3. To appoint Statutory Auditors and fix their remuneration

4. Ratification of the appointment of Mr. Prithvi Teja Nama (DIN: 02845692) as an Additional Director

5. Ratification of the appointment of Mr. Shankar Rao Kadambala (DIN: 11843104) as an Independent Director

6. To appoint and approve remuneration of Cost Auditor for FY ending 31st March 2027

7. Approval for Non-Provision of Interest on Working Capital Loans & Unsecured Loans of the Company

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting: Commenced on Saturday, September 26, 2026 at 9:00 AM and ended on Monday, September 28, 2026 at 5:00 PM through KFin Technologies Limited platform
  • Physical polling: Conducted during the AGM on September 29, 2026

Cut-off date for determining voting eligibility was Tuesday, September 22, 2026.

Key Voting Outcomes

Overall Participation:

  • Total members who voted: 83
  • Remote e-voting: 39 members cast 11,782 votes
  • Physical polling: 44 members cast 34,756,181 votes
  • Total votes cast: 34,767,963

Resolution-wise Results:

1. Adoption of Annual Accounts: 99.9996% assent (34,767,807 votes for, 156 against)

2. Re-appointment of Mr. K. Venkateswarlu: 99.9964% assent (34,766,701 votes for, 1,262 against)

3. Appointment of Statutory Auditors: 99.9996% assent (34,767,807 votes for, 156 against)

4. Ratification of Mr. Prithvi Teja Nama: 99.9964% assent (34,766,701 votes for, 1,262 against)

5. Ratification of Mr. Shankar Rao Kadambala: 99.9996% assent (34,767,807 votes for, 156 against)

6. Appointment of Cost Auditor: 99.9996% assent (34,767,807 votes for, 156 against)

7. Non-Provision of Interest: 99.9993% assent (34,767,707 votes for, 256 against)

No abstentions or invalid votes were recorded for any resolution.

Scrutinizer's Role and Findings

Ms. Vendra Madhumita, Practicing Company Secretary (M No: A52965; CP No: 19626) of V. Madhumita and Associates, was appointed as scrutinizer to oversee the voting process. Her responsibilities included:

  • Scrutinizing remote e-voting and physical polling processes
  • Reconciling votes with company and RTA records
  • Ensuring members who voted remotely did not vote again at AGM
  • Generating consolidated report of voting results

The scrutinizer confirmed that all resolutions were passed unanimously with the requisite majority and found no invalid votes.

Compliance with Laws and Regulations

The voting process complied with:

  • Section 108 and 109 of Companies Act, 2013
  • Rule 20 and 21 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Additional Information

The voting results are available on the websites of Bombay Stock Exchange, National Stock Exchange, and the company's website at www.madhucon.co.in. All poll papers and relevant records were handed over to the Company Secretary for safe keeping.