Detailed Summary
Attendance
Directors Present:
- Mr. T Raghuraman (Managing Director and shareholder)
- Mr. HARIGOVIND (Wholetime Director and shareholder)
- Mr. Adithya Raghuraman (Wholetime Director)
- Mr. T Jayaraman (Director and shareholder)
- Mrs. Ananthakumar Dhamayanthi (Director)
- Mr. S Kalyanaraman (Independent Director)
- Mr. S Swaminathan (Independent Director)
- Mrs. V Sumathi (Independent Director)
- Mr. R Thangamariyappan (Technical Director and shareholder)
- Mr. R S Ganapathi (Technical Director and shareholder)
In Attendance:
- Mr. N. Sridharan (Company Secretary)
- Mr. C Srinivasan (Chief Financial Officer and Shareholder)
- Mr. V K Shan!s,araramann (Practicing Company Secretary)
- Mr. Ravikumar R C (Statutory Auditor)
Members Attended:
In aggregate, 41 members joined through video conferencing, with one member represented by an authorized representative.
Meeting Proceedings
The Chairman, Mr. T Raghuraman, informed members that the Register of Directors' Shareholdings and Register of Contracts were available for inspection on the company's website. The Chairman delivered a speech on business activities, performance, and future prospects. The Notice, Director's Report, Auditors Report, and Secretarial Audit Report were taken as read.
Voting Results on Resolutions
Ordinary Business:
1. Adoption of Financial Statements for FY ended 31st March 2026
- Resolution: To approve and adopt the Audited Statement of Profit & Loss and the Director's and Auditor's Reports.
- Votes in Favor: 5,117,553 votes (100% of valid votes)
- Votes Against: 6 votes (0% of valid votes)
- Invalid Votes: 0
- Result: Passed as an Ordinary Resolution
2. Re-appointment of Mrs. Ananthakumar Dhamayanthi (DIN 08461584) as Director
- Votes in Favor: 5,117,551 votes (100% of valid votes)
- Votes Against: 8 votes (0% of valid votes)
- Invalid Votes: 0
- Result: Passed as an Ordinary Resolution
3. Re-appointment of Mr. A Harigovind (DIN 06428975) as Director
- Votes in Favor: 5,117,553 votes (100% of valid votes)
- Votes Against: 6 votes (0% of valid votes)
- Invalid Votes: 0
- Result: Passed as an Ordinary Resolution
Special Business:
4. Appointment of M/s A. Gopala Iyengar, Cost Accountants as Cost Auditors
- Registration No.: 4915
- Audit Period: Financial year commencing 1st April 2026 ending 31st March 2027
- Term: From conclusion of this meeting until conclusion of next AGM
- Votes in Favor: 5,117,553 votes (100% of valid votes)
- Votes Against: 6 votes (0% of valid votes)
- Invalid Votes: 0
- Result: Passed as an Ordinary Resolution
5. Re-appointment of Mr. T Raghuraman (DIN 01722570) as Managing Director
- Term: 3 years from 23-09-2026 to 22-09-2029
- Remuneration Schedule:
- 23/09/2026 - 31/03/2027: ₹200,000 per month
- 01/04/2027 - 31/03/2028: ₹225,000 per month
- 01/04/2028 - 22/09/2029: ₹250,000 per month
- Remuneration includes perquisites: Provident Fund, Superannuation Fund, leave encashment, Gratuity, use of Car, Telephone
- Provision for minimum remuneration payment in case of inadequacy of profits
- Approval for continuation as MD after reaching 70 years
- Votes in Favor: 4,672,459 votes (100% of valid votes)
- Votes Against: 6 votes (0% of valid votes)
- Invalid Votes (Not Voted): 445,100 votes
- Result: Passed as a Special Resolution (required 75% majority)
Other Proceedings
Three shareholder speakers (Mr. Bharat Raj, Mr. Abhishek, and Mr. Reddppa Gunduru) raised queries during the meeting, to which the Chairman responded. The e-voting portal remained open for an additional half-hour after the meeting. The results were declared on 21st August 2026 afternoon based on the Scrutinizer's report dated 21st August 2026.
The meeting concluded at 11:00 AM on 20th August 2026.