Meeting Details

The 40th Annual General Meeting was held on Wednesday, August 12, 2026 at 11:00 A.M. IST through video conferencing/other audio visual means (OAVM) in compliance with circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India and applicable provisions of the Companies Act, 2013.

Attendance

  • 85 members present through video conferencing
  • Chairman: Sri K. Suryanarayana
  • Directors present: Mr. Sunil Tandon (Independent Director, Chairman of Audit Committee), Mr. M. Siva Ram Prasad (Independent Director, Chairman of Corporate Social Responsibility Committee), Mr. T. Yoganand (Independent Director, Chairman of Nomination and Remuneration Committee), Mrs. K. Uma Kumari (Independent Director, Chairman of Stakeholder Relationship Committee), Mr. Shashidhar Kamineni (Non-Executive Director), Mr. V. V. Parlikar (Independent Director), Mrs. Shri Puja Kamineni (Non-Executive Director), and Mr. Paruchuri Dheeraj Chowdary (Whole Time Director)
  • Mr. Rama Muni Reddy (CFO) and senior officials of the Company
  • Representatives of Statutory Auditors, Internal Auditor and Secretarial Auditors

Business Transacted

Ordinary Business:

1. Adoption of Audited Balance Sheet, Profit and Loss Account and Cash Flow Statement for financial year ended March 31, 2026, together with Director's Report and Auditor's Report (Ordinary Resolution)

2. Re-appointment of Mr. Paruchuri Dheeraj Chowdary (DIN: 09341915) who retires by rotation (Ordinary Resolution)

3. Re-appointment of Mrs. Shri Puja Kamineni (DIN: 06818438) who retires by rotation (Ordinary Resolution)

Special Business:

4. Re-designation of Mr. Paruchuri Dheeraj Chowdary (DIN: 09341915) from Non-Executive and Non-Independent Director to Whole-Time Director of the Company and Approval of Remuneration (Special Resolution)

Financial Statements and Reports

The Board's Report along with Annexures and Financial Statements for FY ended March 31, 2026 were considered as read. The reports of Statutory Auditors and Secretarial Auditors were unqualified without any adverse observations or comments.

Shareholder Queries

Shareholders raised queries regarding:

  • Future performance of Company operations
  • Availability of working capital facilities
  • Orders in hand
  • Projected turnover for FY 2026-27
  • Projected order booking
  • Road map for Defence and Aerospace business through Engineering Division

Mr. Paruchuri Dheeraj Chowdary and Mr. Praveen Babu addressed all queries raised during the meeting and those mailed to the Company before commencement of the AGM. All questions were satisfactorily addressed.

Voting Process

Mrs. Manjula Aleti (M. No: 10380, CP No: 13279), Practicing Company Secretary, was appointed as Scrutinizer to supervise remote e-voting & e-voting during AGM. The e-Voting facility remained open for 30 minutes after the meeting.

Results Disclosure

The consolidated voting results along with Scrutinizer's Report will be placed on Company's website (www.octlindia.com) and forwarded to BSE Limited and National Stock Exchange of India Limited.

Meeting Duration

The meeting commenced at 11:00 A.M. and concluded at 11:40 A.M.