Meeting Details

The 52nd Annual General Meeting was held on Tuesday, 22nd September 2026 at 02:30 PM IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting was chaired by Dr. U. Saravanan, Chairman & Managing Director. The meeting concluded at 03:57 PM.

Resolutions and Business Items

The following items of business were set out in the AGM Notice for approval of members:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the financial year ended 31st March 2026, together with the Board's Report and the Auditors' Report thereon and comments of the Comptroller & Auditor General of India.

2. To declare final dividend of ₹1.04 per equity share for the financial year ended March 31, 2026.

3. To appoint a Director in place of Dr. U. Saravanan (DIN: 07274628), who retires by rotation.

4. To appoint a Director in place of Shri Mahesh Chander Gupta (DIN: 10996394), who retires by rotation.

5. To authorize the Board of Directors of the Company to fix the remuneration of the Statutory Auditor(s).

6. To ratify the remuneration of the Cost Auditors for the financial year ending March 31, 2027.

7. To appoint Shri Kuntal Sensarma (DIN: 07626530) as Government Nominee Director.

8. To appoint Shri Anurag Rohatgi (DIN: 09774170) as Government Nominee Director.

9. To appoint Shri Megh Nath Goyal (DIN: 11368108) as Director (Technical).

10. To appoint Shri Arvind Kumar (DIN: 11709375) as Director (Finance).

Special Business:

11. To appoint Shri Mahak Singh (DIN: 11758224) as Non-Official Independent Director.

12. To adopt New set of Articles of Association of the Company.

13. To increase the borrowing limits of the Company.

14. To approve the creation of charges, mortgages, hypothecation on the immoveable and moveable properties of the Company under Section 180(1)(a) of the Companies Act, 2013.

Voting Process

The Company offered Remote e-voting facility to its Members from Thursday, 17th September 2026 (9:00 AM) to Monday, 21st September 2026 (5:00 PM). Facility for e-voting was also made available during the AGM for Members who had not cast their vote through remote e-voting. The e-voting facility remained open for 15 minutes after the conclusion of the AGM.

Shri Pramod Kothari of M/s. Pramod Kothari & Co., Company Secretaries, was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting at the AGM.

Additional Meeting Proceedings

The Chairman delivered an address reviewing the company's performance for 2025-26. Statutory Registers were available for inspection through electronic mode. The Statutory Auditors' Report was unqualified and C&AG had made zero Comments on the Audited Financial Statements. Management provided explanations on Observations of Secretarial Auditor on Compliance Certificate on Corporate Governance, Secretarial Audit Report and Secretarial Compliance Report.

Members raised queries during the meeting regarding the company's financials/operations, to which the Chairman provided clarifications.

Compliance Confirmation

The meeting was confirmed to have been called, convened, held and conducted as per the provisions of the Companies Act, 2013 read with various circulars issued by MCA and SEBI, Rules made thereunder and Secretarial Standards issued by the ICSI.

Results Disclosure

The e-voting results were to be informed to the Stock Exchange and posted on the website of the Company and NSDL within two working days of conclusion of the AGM.