Meeting Details
The Nineteenth Annual General Meeting was held on July 22, 2026 at 11:00 AM (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was conducted from the Registered Office of the Company at Bascon Futura SV, 4th Floor, No.10/1, Venkatanarayana Road, T.Nagar, Chennai 600017 (deemed venue). The meeting concluded at 11:50 AM (IST).
Attendance
Directors Present:
- Mr. T Shivaraman - Director, Managing Director & CEO (Member of Stakeholder Relationship Committee)
- Mr. R Ganapathi - Non-Executive Non-Independent Director
- Mr. P Krishna Kumar - Independent Director
- Ms. Chandra Ramesh - Independent Director (Member of Nomination and Remuneration Committee)
- Ms. S M Swathi - Independent Director
Other Attendees:
- Ms. J Kotteswari, Chief Financial Officer
- Mr. G Srinivasa Ramanujan, Company Secretary & Compliance Officer
- Statutory Auditors
- Secretarial Auditors
54 members were present at the AGM, constituting the requisite quorum.
Proceedings Summary
Mr. K S Sripathi, Chairman of the Company, welcomed members and introduced the directors. Mr. G. Srinivasa Ramanujan, Company Secretary, explained the procedural aspects of the Virtual Annual General Meeting.
The company had tied up with Central Depository Services Limited to provide facilities for remote e-voting, e-voting during the AGM, and participation through VC/OAVM facility.
Registrar of Contracts, Register of Members, and Register of Directors and Key Managerial Personnel were available at the Company's website and CDSL for shareholder inspection during the meeting.
Ms. J Kotteswari, Chief Financial Officer, read the "Emphasis of Matter" from the Auditors' Report for the year ended March 31, 2026.
M/s. Alagar & Associates LLP (formerly known as M/s. M. Alagar & Associates), Company Secretaries, Chennai, was appointed as Independent Scrutinizer for the e-voting process.
Resolutions Transacted
All items of business contained in the AGM Notice dated May 11, 2026 were transacted:
Ordinary Business:
1. Receipt, consideration, approval and adoption of Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026 (Ordinary Resolution)
2. Re-appointment of Mr. T Shivaraman (DIN: 01312018) as Managing Director & CEO of the Company, liable to retire by rotation (Ordinary Resolution)
3. Re-appointment of Mr. R Ganapathi (DIN: 00103623) as Director of the Company, liable to retire by rotation (Ordinary Resolution)
Special Business:
4. Approval of Material Related Party Transaction(s) (Ordinary Resolution)
5. To advance any loan, give guarantee, provide security under Section 185 of the Companies Act 2013 (Special Resolution)