NACL Industries Limited submitted voting results along with the consolidated Report of the Scrutinizer for the businesses transacted at the 39th Annual General Meeting (AGM) of the Company held on Wednesday, July 22, 2026, through Video Conference/Other Audio Visual Means (OAVM).

Based on the consolidated Report of the Scrutinizer, all Resolutions as set out in the Notice of the 39th AGM have been duly approved by the Shareholders with requisite majority.

Resolution Details

Resolution 1: Adoption of Audited Standalone Financial Statements

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Description: To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, the Report of the Auditors thereon and the Report of the Board of Directors
  • Total votes polled: 126,951,835 shares (54.1966% of outstanding shares)
  • Votes in favor: 126,951,835 (100.0000% of votes polled)
  • Votes against: 23 (0.00002% of votes polled)
  • Result: Passed

Resolution 2: Adoption of Audited Consolidated Financial Statements

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Description: To consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the Report of the Auditors thereon
  • Total votes polled: 126,951,858 shares (54.1966% of outstanding shares)
  • Votes in favor: 126,951,835 (99.99998% of votes polled)
  • Votes against: 23 (0.00002% of votes polled)
  • Result: Passed

Resolution 3: Re-appointment of Director

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Description: To re-appoint Mr. Sankarasubramanian S (DIN: 01592772), who retires by rotation and being eligible, offers himself for re-appointment
  • Total votes polled: 126,951,858 shares (54.1966% of outstanding shares)
  • Votes in favor: 126,951,827 (99.99998% of votes polled)
  • Votes against: 31 (0.00002% of votes polled)
  • Result: Passed

Resolution 4: Ratification of Cost Auditor Remuneration

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Description: To ratify the remuneration of the Cost Auditors for the financial year 2026-27
  • Total votes polled: 126,951,853 shares (54.1966% of outstanding shares)
  • Votes in favor: 126,951,469 (99.99970% of votes polled)
  • Votes against: 384 (0.00030% of votes polled)
  • Result: Passed

Resolution 5: Revision of MD & CEO Remuneration

  • Resolution Type: Special
  • Promoter interest: Not specified
  • Description: Revision of remuneration payable to Dr. Raghuram Devarakonda (DIN: 09749805), Managing Director & Chief Executive Officer of the Company
  • Total votes polled: 126,909,279 shares (54.1784% of outstanding shares)
  • Votes in favor: 126,902,778 (99.99488% of votes polled)
  • Votes against: 6,501 (0.00512% of votes polled)
  • Result: Passed (special resolution requiring 3x majority)

Scrutinizer Report Details

R. Sridharan & Associates, Company Secretaries, were appointed as the Scrutinizer by the Board of Directors vide resolution dated May 4, 2026, pursuant to Section 108 of the Companies Act, 2013 and relevant rules.

The remote e-voting process was conducted by National Securities Depository Limited (NSDL) between Sunday, July 19, 2026 (9:00 AM IST) to Tuesday, July 21, 2026 (5:00 PM IST). Electronic voting was also available during the AGM for shareholders who had not voted remotely.

The cut-off date for determining shareholders entitled to vote was Friday, July 17, 2026.

The scrutinizer unblocked the votes cast by members through remote e-voting and electronic voting in the presence of two witnesses: Mr. K Satheesh and Mr. L M Santhoshkumar, who are not in the employment of the Company.

All resolutions were passed with the requisite majority as required by law. The electronic data relating to remote e-voting and electronic voting will be handed over to the Company Secretary for preservation after the Chairman approves and signs the minutes of the AGM.