Meeting Details
The 43rd Annual General Meeting is scheduled to be held on Wednesday, September 30, 2026, at 11:00 A.M. IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting will be conducted virtually in compliance with MCA General Circulars and SEBI regulations permitting virtual meetings without physical attendance.
Proposed Resolutions and Implications
Ordinary Business:
1. Adoption of audited Annual Financial Statements for the Financial Year 2025-26, including both Standalone and Consolidated financial statements with reports of Board of Directors and Auditors.
2. Confirmation of three interim dividends aggregating to ₹5.00 per share paid on equity shares during Financial Year 2025-26 as final dividend for the year.
3. Re-appointment of Sri P.S.R.K. Prasad (DIN: 07011140) as a Director liable to retire by rotation.
Special Business:
4. Ratification of remuneration of ₹5,00,000/- plus applicable taxes and out-of-pocket expenses payable to M/s. S.S. Zanwar & Associates (Firm Registration No. 100283) as Cost Auditors for the financial year ending March 31, 2027.
5. Approval for raising funds up to ₹2,000 crores through issuance of securities including equity shares, convertible debentures, global depository receipts, American depository receipts, foreign currency convertible bonds, non-convertible debentures, warrants, or any combination thereof. The funds may be raised through preferential issue, rights issue, private placement (including QIP), or any other permitted method in one or more tranches.
The fundraise is intended for funding long-term growth of existing businesses, financing working capital and general corporate requirements, pre-payment/repayment of loans, capital expenditure, and research & development expenditure.
Voting Process and Methods
The company has provided remote e-voting facility through NSDL. The voting schedule is as follows:
- Cut-off date for e-voting: Friday, September 25, 2026
- E-voting start: Sunday, September 27, 2026 at 9:00 A.M. IST
- E-voting end: Tuesday, September 29, 2026 at 5:00 P.M. IST
Members can also vote during the AGM through the e-voting system if they haven't voted remotely. Physical attendance and proxy appointments are not permitted due to the virtual nature of the meeting.
Scrutinizer Appointment
The company has appointed CS Kiran Kumar Bodla (CP No. 15876), Proprietor of M/s. BK & Associates, Practicing Company Secretaries, Hyderabad as Scrutinizer to conduct the e-voting process in a fair and transparent manner.
Compliance with Laws and Regulations
The notice confirms compliance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA General Circulars regarding virtual meetings
- SEBI circulars on e-voting facilities
- All other applicable statutes and regulations
Additional Information
The document includes extensive instructions for e-voting participation, details about dividend taxation under Finance Act 2020, information about unclaimed dividends transfer to IEPF, and a comprehensive profile of Director P.S.R.K. Prasad including his qualifications, experience, remuneration of ₹21.73 million for FY2025-26, and 0.02% shareholding in the company.