Meeting Details

  • Date: Wednesday, September 30, 2026
  • Type: 46th Annual General Meeting (AGM)
  • Location: Conducted through video conference/Other Audio Visual Means (OAVM)
  • Time: 11:30 A.M. IST

Proposed Resolutions and Implications

Six resolutions were proposed and passed:

1. Ordinary Resolution: To receive, consider and adopt audited standalone and consolidated financial statements for FY 2025-26

2. Ordinary Resolution: To declare final dividend on equity shares for FY 2025-26

3. Ordinary Resolution: To appoint Dr. (Mrs.) Kailash Gupta (DIN: 00054045) as director who retires by rotation

4. Special Resolution: To increase borrowing limits under Section 180(1)(c) of Companies Act, 2013

5. Special Resolution: For creation of security(ies) under Section 180(1)(a) of Companies Act, 2013

6. Ordinary Resolution: Ratification of remuneration payable to Cost Auditors

Voting Process and Methods

  • Remote e-voting: Commenced Saturday, September 26, 2026 at 9:00 A.M. and ended Tuesday, September 29, 2026 at 5:00 P.M.
  • E-voting during AGM: InstaPoll voting during the meeting
  • Cut-off date: Wednesday, September 23, 2026 for determining voting eligibility
  • Scrutinizer: Mr. K. V. Chalama Reddy of KVC Reddy & Associates, Company Secretaries
  • Voting service provider: KFin Technologies Limited

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 83,475
  • Shareholders present through video conference: 48 (1 Promoter, 47 Public)
  • Total votes cast: 28,626,497 shares
  • Total shareholders voted: 166

Resolution-wise Results

Resolution 1 (Adoption of Financial Statements)

  • Votes in favor: 28,626,460 (99.9999%)
  • Votes against: 37 (0.00001%)

Resolution 2 (Final Dividend Declaration)

  • Votes in favor: 28,626,460 (99.9999%)
  • Votes against: 37 (0.00001%)

Resolution 3 (Director Re-appointment)

  • Votes in favor: 28,226,684 (98.6041%)
  • Votes against: 399,588 (1.3959%)

Resolution 4 (Borrowing Limit Increase)

  • Votes in favor: 27,615,304 (96.4676%)
  • Votes against: 1,011,193 (3.5324%)

Resolution 5 (Creation of Securities)

  • Votes in favor: 28,235,947 (98.6357%)
  • Votes against: 390,550 (1.3643%)

Resolution 6 (Cost Auditor Remuneration)

  • Votes in favor: 28,626,460 (99.9999%)
  • Votes against: 37 (0.0001%)

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 22,221,735
  • Votes polled: 22,221,735 (100% participation)
  • Voted 100% in favor on all resolutions

Public Institutions

  • Shares held: 8,951,495
  • Votes polled: 5,921,077 (66.1462% participation)
  • Voted 100% in favor on dividend and auditor remuneration resolutions
  • Voted 82.9243% in favor for director re-appointment
  • Voted 93.4050% in favor for creation of securities

Public Non-Institutions

  • Shares held: 22,587,965
  • Votes polled: 483,685 (2.1413% participation)
  • Voted 99.9924% in favor on most resolutions
  • Voted 99.9742% in favor for director re-appointment
  • Voted 99.9882% in favor for creation of securities

Scrutinizer's Role and Findings

Mr. K. V. Chalama Reddy was appointed as scrutinizer to ensure fair and transparent voting process. The scrutinizer:

  • Verified voting data downloaded from KFinTech's e-voting platform
  • Counted votes in presence of two independent witnesses
  • Confirmed all resolutions passed with requisite majority
  • Will retain electronic voting records until minutes are approved

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 and 21 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Relevant MCA and SEBI circulars

Additional Information

  • Advertisement published in Business Standard (English) and Nava Telangana (Telugu) on September 5, 2026