Meeting Details

The 37th Annual General Meeting was held on Friday, September 25, 2026, commencing at 12:00 noon and concluding at 12:35 p.m. through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

Proposed Resolutions and Implications

Six resolutions were considered at the AGM:

1. Ordinary Resolution: To 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.

2. Ordinary Resolution: To appoint a director in place of Mrs. Sai Keerthana Grandhi (DIN: 05211918), who retires by rotation and being eligible, offers herself for re-appointment.

3. Ordinary Resolution: Re-appointment of Statutory Auditors and fix their remuneration.

4. Special Resolution: Re-appointment of Mrs. Bharata Mallika Ratna Kumari Grandhi (DIN: 00492520) as Chairperson & Managing Director of the Company and approval of her remuneration.

5. Special Resolution: Re-appointment of Mrs. Sai Keerthana Grandhi (DIN: 05211918) as Whole Time Director of the Company and approval of her remuneration.

6. Special Resolution: Re-appointment of Mrs. Sai Sindhuri Grandhi (DIN: 02795856) as an Executive Director of the Company and approval of her remuneration.

Voting Process and Methods

Voting was conducted through:

  • Remote e-voting: Opened at 09:00 a.m. on Tuesday, September 22, 2026, and closed at 05:00 p.m. on Thursday, September 24, 2026
  • E-voting during the AGM through VC/OAVM

The voting rights were reckoned as on Friday, September 18, 2026 (Record Date/Cut-off Date).

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on Record Date: 30,580
  • Shareholders attended through video conferencing: 50 (7 Promoters/Promoter group, 43 Public)
  • Total shares outstanding: 48,847,441
  • Total votes polled: 36,296,675 (74.3062% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements)

  • Total votes in favour: 36,296,549 (99.9997%)
  • Votes against: 126 (0.0003%)
  • Result: Passed

Resolution 2 (Ordinary - Director Reappointment)

  • Total votes in favour: 36,290,410 (99.9827%)
  • Votes against: 6,265 (0.0173%)
  • Result: Passed

Resolution 3 (Ordinary - Statutory Auditors)

  • Total votes in favour: 36,290,699 (99.9835%)
  • Votes against: 5,976 (0.0165%)
  • Result: Passed

Resolution 4 (Special - Chairperson & MD Reappointment)

  • Total votes in favour: 36,289,760 (99.9809%)
  • Votes against: 6,915 (0.0191%)
  • Result: Passed

Resolution 5 (Special - Whole Time Director)

  • Total votes in favour: 36,289,760 (99.9809%)
  • Votes against: 6,915 (0.0191%)
  • Result: Passed

Resolution 6 (Special - Executive Director)

  • Total votes in favour: 36,289,760 (99.9809%)
  • Votes against: 6,915 (0.0191%)
  • Result: Passed

Scrutinizer's Role and Findings

Mrs. N. Vanitha, Practicing Company Secretary (M.No. A26859), was appointed as the Scrutinizer. Her responsibilities included:

  • Ensuring the voting process was conducted in a fair and transparent manner
  • Providing a consolidated scrutinizer's report of total votes cast
  • Using records generated from the e-voting system provided by Central Depository Services (India) Limited (CDSL)

The scrutinizer confirmed that after closure of e-voting, the votes were unblocked and downloaded from CDSL's e-voting website in the presence of two witnesses not employed by the company.

Compliance Confirmation

The disclosure confirms compliance with:

  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 109 of the Companies Act, 2013
  • Rule 21(2) of the Companies (Management and Administration) Rules, 2014
  • Circulars issued by MCA and SEBI relating to conducting AGM through VC/OAVM and electronic voting