Meeting Details
The 34th Annual General Meeting was held on Thursday, August 27, 2026 at 11:00 A.M. through video conferencing/other audio visual means (VC/OAVM).
Cut-off date fixed for e-voting was August 20, 2026. Total number of shareholders on cut-off date was 250,569.
Attendance through video conferencing: Promoters and Promoter Group - 2 shareholders, Public - 59 shareholders.
Voting Methodology
Remote e-voting was conducted from August 24, 2026 to August 26, 2026 (both days inclusive). E-voting was also conducted during the AGM. Scrutinizer was Mr. Jinesh Dedhia and Associates, Practicing Company Secretary.
Total shares outstanding: 453,163,746
Resolution Results
Resolution 1: Adoption of Financial Statements
Ordinary Resolution - Promoters not interested
- To receive, consider and adopt Audited Standalone Financial Statements for FY ended March 31, 2026
- To receive, consider and adopt Audited Consolidated Financial Statements for FY ended March 31, 2026
Voting Results:
- Promoter & Promoter Group: 198,822,009 shares voted (100% of holdings), 100% in favor
- Public Institutions: 58,569,898 shares voted (80.76% of holdings), 100% in favor
- Public Non-Institutions: 39,271,367 shares voted (21.60% of holdings), 99.98% in favor, 0.02% against
- Total: 296,663,274 shares voted (65.46% of outstanding), 100% in favor
Resolution 2: Declaration of Dividend
Ordinary Resolution - Promoters not interested
- Final dividend of ₹0.90 (90%) per equity share of ₹1 each face value, recommended by Board on May 26, 2026
Voting Results:
- Promoter & Promoter Group: 198,822,009 shares voted (100% of holdings), 100% in favor
- Public Institutions: 59,683,945 shares voted (82.30% of holdings), 99.08% in favor, 0.92% against
- Public Non-Institutions: 39,270,967 shares voted (21.60% of holdings), 99.98% in favor, 0.02% against
- Total: 297,776,921 shares voted (65.71% of outstanding), 99.81% in favor, 0.19% against
Resolution 3: Reappointment of Director
Ordinary Resolution - Promoters not interested
- Appointment of Dr. Sunny Sharma (DIN: 02267273) who retires by rotation
Voting Results:
- Promoter & Promoter Group: 198,822,009 shares voted (100% of holdings), 100% in favor
- Public Institutions: 59,683,945 shares voted (82.30% of holdings), 94.06% in favor, 5.94% against
- Public Non-Institutions: 39,270,957 shares voted (21.60% of holdings), 99.98% in favor, 0.02% against
- Total: 297,776,911 shares voted (65.71% of outstanding), 98.81% in favor, 1.19% against
Resolution 4: Reappointment of Whole-time Director
Special Resolution - Promoters not interested
- Reappointment of Mrs. Sandra Saldanha (DIN: 00021023) as Whole-time Director for three years effective September 25, 2026
- Approval of remuneration payable
Voting Results:
- Promoter & Promoter Group: 198,822,009 shares voted (100% of holdings), 100% in favor
- Public Institutions: 59,683,945 shares voted (82.30% of holdings), 98.09% in favor, 1.91% against
- Public Non-Institutions: 39,270,957 shares voted (21.60% of holdings), 99.98% in favor, 0.02% against
- Total: 297,776,911 shares voted (65.71% of outstanding), 99.61% in favor, 0.39% against
Scrutinizer Report Details
Jinesh Dedhia & Associates, Company Secretaries was appointed as Scrutinizer by Board resolution dated July 03, 2026.
NSDL was appointed as the service provider for remote e-voting facility. Bigshare Services Private Limited is the Registrar and Share Transfer Agents.
Advertisement was published in Marathi in 'Lakshadeep' dated July 30, 2026 and in English in 'Business Standard' dated July 30, 2026. Additional notice was published in 'Lakshadeep' dated August 6, 2026 and 'Business Standard' dated August 6, 2026.
Remote e-voting was open from August 24, 2026 (09:00 a.m. IST) to August 26, 2026 (05:00 p.m. IST).
Total voting participation: 425 members through e-voting, 1 member through AGM voting, representing 299,658,526 shares.
Outcome
All resolutions mentioned in the 34th AGM notice dated July 03, 2026 were passed with requisite majority and are deemed passed as of the AGM date.