Meeting Details

  • Date of Meeting: Tuesday, 29th September, 2026
  • Type of Meeting: 27th Annual General Meeting (AGM)
  • Location: Held through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Time: 5:00 p.m.

Summary of Proposed Resolutions and Implications

Two ordinary resolutions were proposed and passed:

Resolution 1: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the year ended 31st March, 2026 together with the reports of the Board of Directors and the Auditors thereon.

Resolution 2: To appoint a director in place of Mr. Vinayendra Pravathaneni (DIN: 07789149), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment.

The implications are the formal adoption of the company's financial results and the continuation of Mr. Pravathaneni's directorship.

Voting Process and Methods

  • Remote E-Voting: The facility was provided by KFin Technologies Limited (KFintech). The remote e-voting period was open for three days from Saturday, 26th September, 2026 (9:00 A.M. IST) to Monday, 28th September, 2026 (5:00 P.M. IST).
  • E-Voting During the AGM: The company provided an e-voting facility during the AGM through VC/OAVM for shareholders who had not cast their vote via remote e-voting.
  • The cut-off date for determining members entitled to vote was 22nd September, 2026.
  • The scrutinizer, B S S & Associates, Company Secretaries, was appointed to scrutinize the process.

Key Voting Outcomes

Overall Participation

  • Total Number of Shareholders on Record Date: 378,780
  • Shareholders Present through Video Conferencing: 48 (all from the Public category; Promoters and Promoter Group had 0 attendance)
  • Total Votes Cast (across both resolutions): 67,445,143 votes, representing 34.5787% of the total outstanding shares (195,048,016).

Resolution 1: Adoption of Financial Statements

  • Total Votes Cast: 67,445,143
  • Votes in Favour: 67,442,789 (99.9965% of votes polled)
  • Votes Against: 2,354 (0.0035% of votes polled)
  • Invalid/Abstained Votes: 0

Category-wise Breakdown for Resolution 1:

  • Promoter and Promoter Group (76,444,928 shares): 63,531,739 votes cast (83.1079% of shares held). 100% in favour.
  • Public - Institutions (5,230,033 shares): 688,051 votes cast (13.1558% of shares held). 100% in favour.
  • Public - Non-Institutions (113,373,055 shares): 3,225,353 votes cast (2.8449% of shares held). 3,222,999 in favour (99.9270%), 2,354 against (0.0730%).

Resolution 2: Re-appointment of Director

  • Total Votes Cast: 67,444,543
  • Votes in Favour: 67,442,189 (99.9965% of votes polled)
  • Votes Against: 2,354 (0.0035% of votes polled)
  • Invalid/Abstained Votes: 0

Category-wise Breakdown for Resolution 2:

  • Promoter and Promoter Group (76,444,928 shares): 63,531,739 votes cast (83.1079% of shares held). 100% in favour.
  • Public - Institutions (5,230,033 shares): 688,051 votes cast (13.1558% of shares held). 100% in favour.
  • Public - Non-Institutions (113,373,055 shares): 3,224,753 votes cast (2.8444% of shares held). 3,222,399 in favour (99.9270%), 2,354 against (0.0730%).

Scrutinizer's Role, Findings, and Conclusions

  • Scrutinizer: B S S & Associates, Company Secretaries, Hyderabad.
  • Role: To scrutinize the remote e-voting and e-voting during the AGM in a fair and transparent manner as per Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.
  • Process: After the closure of e-voting, the reports were unblocked in the presence of two independent witnesses and counted.
  • Finding: The scrutinizer confirmed the results, stating that all resolutions were passed with the requisite majority. The detailed vote count for each resolution was provided in their report (Annexure-B).
  • Conclusion: The voting process was conducted compliantly, and the results are valid.

Compliance with Laws and Regulations

The disclosure confirms compliance with:

  • Regulation 30 and 44(3) of the SEBI (LODR) Regulations, 2015.
  • Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.
  • Relevant MCA Circulars and SEBI Circulars issued from time to time regarding e-voting and notice dissemination.

The notice for the AGM was sent to shareholders via electronic mode and physical letters as required.