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

Trading Symbol: MIDHANI

Meeting Details

  • Date: September 30, 2026
  • Location: Conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: 52nd Annual General Meeting
  • Cut-off Date: September 23, 2026
  • Total Members: 1,59,943
  • Members Present: 62 members attended through VC/OAVM

Proposed Resolutions and Voting Outcomes

Ordinary Business

Item 1: Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026

  • Total Votes Cast: 152,432,435
  • In Favor: 148,089,521 (97.15%)
  • Against: 4,342,914 (2.85%)
  • Result: PASSED

Item 2: Declaration of final dividend of Rs. 1.25 per share (12.50%) and confirmation of interim dividend of Re. 0.85 per share (8.50%) for FY26

  • Total Votes Cast: 152,432,435
  • In Favor: 151,406,138 (99.33%)
  • Against: 1,026,297 (0.67%)
  • Result: PASSED

Item 3: Re-appointment of Smt. Madhubala Kalluri (DIN: 11202794) as Director retiring by rotation

  • Total Votes Cast: 152,432,435
  • In Favor: 149,524,068 (98.09%)
  • Against: 2,908,367 (1.91%)
  • Result: PASSED
Special Business

Item 4: Appointment of Shri Padavittan Babu (DIN: 11233808) as Director (Production & Marketing)

  • Total Votes Cast: 152,432,435
  • In Favor: 149,486,543 (98.07%)
  • Against: 2,945,892 (1.93%)
  • Result: PASSED

Item 6: Appointment of Shri Sameer Mundra (DIN: 00078727) as Independent Director (Special Resolution)

  • Total Votes Cast: 152,137,704
  • In Favor: 147,781,528 (97.14%)
  • Against: 4,356,176 (2.86%)
  • Result: PASSED

Item 7: Appointment of Shri Pugazhendhy Arumugam (DIN: 11912614) as Independent Director (Special Resolution)

  • Total Votes Cast: 152,432,435
  • In Favor: 146,593,584 (96.17%)
  • Against: 5,838,851 (3.83%)
  • Result: PASSED

Item 8: Ratification of remuneration payable to SS Zanwar & Associates, Cost Accountants (Registration No. 100283) as Cost Auditor for FY 2026-27

  • Total Votes Cast: 152,432,335
  • In Favor: 152,060,884 (99.76%)
  • Against: 371,451 (0.24%)
  • Result: PASSED

Item 9: Appointment of Ms. Meera Mohanty (DIN: 03379561) as Government Nominee Director

  • Total Votes Cast: 152,384,639
  • In Favor: 146,518,287 (96.15%)
  • Against: 5,866,352 (3.85%)
  • Result: PASSED

Note: Item 5 (Appointment of Shri Prakash Rajpurohit) was withdrawn via Addendum dated September 21, 2026, and not put to vote.

Voting Process and Scrutinizer Details

  • Remote E-voting Period: September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • E-voting During AGM: Available for members who had not voted remotely
  • Scrutinizer: CS Navajyoth Puttaparthi, Partner, Puttaparthi Jagannatham & Co., Company Secretaries
  • Votes Unblocked: September 30, 2026 at 12:16 PM in presence of independent witnesses
  • Voting System: NSDL e-voting platform
  • Invalid Votes: Nil across all resolutions

Shareholder Participation Breakdown

  • Promoter & Promoter Group: 13,863,160 shares voted (100% of their holding)
  • Public Institutions: 1,366,8135 shares voted (77.99% of their holding)
  • Public Non-Institutions: 132,700 shares voted (0.43% of their holding)

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • SEBI LODR Regulations, 2015
  • Secretarial Standard on General Meetings (SS-2)
  • MCA and SEBI circulars for VC/OAVM meetings