Company and Document Details
Annual General Meeting Details
The 40th Annual General Meeting will be held on Wednesday, August 12, 2026, at 11:00 A.M. (IST) through Video Conferencing/Other Audio Visual Means. The deemed venue is the Registered Office at Kamineni, 3rd Floor, King Koti, Hyderabad - 500 001, Telangana, India.
Business to be Transacted
Ordinary Business:
1. To receive, consider and adopt the Audited Balance Sheet, Profit and Loss Account and Cash Flow Statement for the financial year ended March 31, 2026, together with the Director's Report and Auditor's Report
2. To appoint a director in place of Mr. Paruchuri Dheeraj Chowdary (DIN: 09341915), who retires by rotation and offers himself for re-appointment
3. To appoint a director in place of Mrs. Shri Puja Kamineni (DIN: 06818438), who retires by rotation and offers herself for re-appointment
Special Business:
4. Re-designation of Mr. Paruchuri Dheeraj Chowdary (DIN: 09341915) from Non-Executive and Non-Independent Director to Whole-time Director and approval of remuneration
Key Financial Performance Indicators
- FY 2024-25: Total Revenue: ₹12,576.76 lakhs, Net Loss Before Tax: ₹(2,910.07) lakhs, Net Loss: ₹(2,255.84) lakhs
- FY 2025-26: Total Revenue: ₹7,181.12 lakhs, Net Loss Before Tax: ₹(6,435.54) lakhs, Net Loss: ₹(4,640.85) lakhs
Director Re-designation and Remuneration Details
Mr. Paruchuri Dheeraj Chowdary (DIN: 09341915) is proposed to be re-designated as Whole-time Director for 3 years from June 1, 2026, to May 31, 2029.
Remuneration Package:
- Monthly Basic Salary: ₹3,50,000/- per month
- Medical Reimbursement: For self and family, not exceeding one month's salary per year
- Leave Travel Concession: For self and family, once per year within India
- Privilege Leave: One month's leave on full pay for every eleven months of service
- Reimbursement of business-related traveling and other expenses
- Minimum remuneration payable even in absence or inadequacy of profits, subject to Schedule V limits
Director Background Information
Mr. Paruchuri Dheeraj Chowdary:
- DIN: 09341915
- Date of Birth: November 18, 1991 (34 years)
- Education: Bachelor of Engineering in Mechanical Engineering & Master of Science in Engineering from Colorado Boulder, USA
- Experience: Extensive experience in business development with focus on defence sector
- Relationship: Spouse of granddaughter of Mr. K. Suryanarayana, Chairman & MD
- First appointment: June 11, 2025
- Current shareholding: Nil
- Board meetings attended: 3
- Other directorships: Genau Engineering Private Limited, Tron Food Private Limited
Mrs. Shri Puja Kamineni:
- DIN: 06818438
- Date of Birth: October 13, 1989 (36 years)
- Education: MBBS and MD Radiodiagnosis
- Experience: Corporate marketing strategies, healthcare management
- Relationship: Granddaughter of Mr. K. Suryanarayana, Chairman & MD
- Shareholding: 4,99,000 equity shares of ₹10 each as of March 31, 2026
- First appointment: June 11, 2025
- Board meetings attended: 3
- Other directorships: Kamineni Health Services Private Limited, Aquatica Frozen Foods Global Private Limited
Record Date and Share Transfer Details
The Register of Members and Transfer Books will be closed from Thursday, August 6, 2026, to Wednesday, August 12, 2026 (both days inclusive) for the AGM. The cut-off date for determining voting rights is Wednesday, August 5, 2026.
E-voting Arrangements
Remote e-voting period: Sunday, August 9, 2026 (9:00 AM IST) to Tuesday, August 11, 2026 (5:00 PM IST). National Securities Depository Limited (NSDL) appointed as e-voting service provider. Ms. Manjula Aleti, Practicing Company Secretary, appointed as Scrutinizer.
Additional Information
The Annual Report and AGM Notice are available on company website www.octlindia.com and stock exchange websites. Documents are being sent electronically to shareholders with registered email addresses.
Registrar and Transfer Agent
XL Softech Systems Limited, 3, Sagar Society, Road No. 2, Banjara Hills, Hyderabad - 500 034, Telangana