Meeting Details

Date: Saturday, 26th September, 2026

Time: Commenced at 10:30 A.M. IST and concluded at 11:20 A.M. IST

Location: Held through video conferencing (VC)/other audio-visual means (OAVM), deemed to be at the registered office: Sy.No.251/A/1., Singannaguda Village Mulugu Mandal, Medak, Siddipet - 502279, Telangana, India

Type: 19th Annual General Meeting

Attendees

Directors & KMP Present:

  • Mr. Adabala Seshagiri Rao - Chairperson & Independent Director
  • Mr. Ramesh Babu Nemani - Independent Director
  • Mrs. Swapna Kandula - Independent Director
  • Mrs. Malathi Siripurapu - Whole-Time Director
  • Mr. Rajesh Cherukuri - Whole-Time Director
  • Mr. Kiran Kumar Atukuri - Managing Director
  • Mr. Gopi Mallikharjuna Rao Avvaru - Company Secretary & Compliance Officer

Other Attendees:

  • Mr. M. Ramana Reddy - Scrutinizer (P. S. Rao & Associates)
  • Mr. P. Venkat Ratnam - Statutory Auditors (N S V R & Associates LLP)
  • Mr. Muni Sekhar - Cost Auditors (M P R & Associates)

Members: Total 46 members present, including 3 persons belonging to Promoter and Promoter Group

Proposed Resolutions

Ordinary Business:

  • Item No. 1: Adoption of Audited Financial Statements (Standalone and Consolidated) for FY ended 31st March, 2026 and reports of Board of Directors and Auditors
  • Item No. 2: Re-appointment of Mr. Rajesh Cherukuri (DIN: 09840611) who retires by rotation

Special Business:

  • Item No. 3: Re-appointment of Mrs. Malathi Siripurapu (DIN: 03033944) as Whole-Time Director for 3 years
  • Item No. 4: Re-appointment of Mr. Rajesh Cherukuri (DIN: 09840611) as Whole-Time Director for 3 years
  • Item No. 5: Re-appointment of Mr. Ramesh Babu Nemani (DIN: 08089820) as Non-Executive Independent Director for second term of 5 years
  • Item No. 6: Ratification of Remuneration of Cost Auditors
  • Item No. 7: Approval of Material Related Party Transactions for Year 2026-27
  • Item No. 8: Approval of Material Related Party Transactions of material subsidiary(ies) for Year 2026-27

Voting Process

The Company arranged e-voting facility pursuant to Section 108 of Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI Listing Regulations, 2015.

Remote e-Voting Period: Commenced at 9:00 A.M. on 23rd September, 2026 and concluded at 5:00 P.M. on 25th September, 2026

Scrutinizer: Mr. M Ramana Reddy (CP No. 18415), Practicing Company Secretary from P. S. Rao & Associates, was appointed to scrutinize voting through electronic means

Additional Voting: E-voting facility remained open for fifteen minutes after the meeting for members who hadn't cast their votes

Key Proceedings

  • The Company Secretary welcomed attendees and explained the VC/OAVM format and voting procedures
  • The Chairperson, Mr. Adabala Seshagiri Rao, addressed the members
  • Mr. Kiran Kumar Atukuri, Managing Director, presented company performance insights and future plans/operational outlook
  • Board's Report & Auditors' Report along with meeting notice annexures were taken as read
  • Shareholder queries were addressed by the Managing Director

Compliance Statement

The meeting was conducted in compliance with General Circular Nos. 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023 and 09/2024 issued by Ministry of Corporate Affairs, read with SEBI Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated 5 January 2023 and other relevant SEBI circulars, and relevant provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additional Information

  • The results of e-voting along with Scrutinizer's Report will be separately submitted to stock exchanges
  • This document does not constitute minutes of the Annual General Meeting
  • The meeting concluded with a vote of thanks by the Managing Director