Key Decisions and Approvals

The Board of Directors, in a meeting held at the company's registered office in Hyderabad, considered and approved the following items:

  • The Board Report along with all necessary annexures for the financial year ended March 31, 2026.
  • The Draft Notice for convening the 32nd Annual General Meeting (AGM).
  • To convene the 32nd AGM on Wednesday, 30th September 2026 at 03:00 P.M., through Video Conferencing/ Other Audio Visual Means (OAVM).
  • The closure of the Register of Members and Share Transfer Books from Thursday, 24th September 2026 to Wednesday, 30th September 2026 (both days inclusive) for the AGM.
  • The appointment of M/s. Bharat Khaniwal & Co., Practicing Company Secretary (Membership No.: A29085), as the Scrutinizer for the e-voting process.
  • The cut-off date for determining eligibility to vote by electronic means was set as Wednesday, 23rd September 2026.
  • The appointment of Mr. Gnana Prakash Gattu (DIN: 00517921) as a Whole-Time Director of the company with effect from 29th August 2026.

The meeting commenced at 3:00 P.M. and concluded at 4:55 P.M.

Details of Director Appointment (As per Annexure)

The disclosure includes specific details regarding the appointment of Mr. Gnana Prakash Gattu as required by SEBI regulations:

  • Reason for Change: Appointment as a Whole-Time Director.
  • Date of Appointment & Term: 29th August 2026. The term of appointment is for a period of 5 years, subject to approval by the members of the company at the ensuing Annual General Meeting.
  • Other Directorships: Mr. Gattu does not hold any directorship in other listed entities.
  • Brief Profile: Mr. Gattu Gnana Prakash is a graduate from IIT-Chennai and has more than 25 years of experience in management and information technology.
  • Relationship between Directors: Mr. Gattu is not related to any of the existing Directors or Key Managerial Personnel of the company. He belongs to the Promoters and Promoter group of the company.
  • Eligibility: Mr. Gattu is not debarred from holding the office of Director by any SEBI order or any other authority.

Financial and Capital Structure Impact

The disclosure does not quantify any immediate financial impact resulting from the board decisions or the director's appointment. The appointment is subject to shareholder approval at the upcoming AGM.