Meeting Details

The 15th Annual General Meeting of Pricol Limited was held on Wednesday, 5th August 2026 through Video Conference (VC) / Other Audio Visual Means (OAVM). The meeting commenced at 3:00 PM IST and concluded at 4:18 PM IST. The cut-off date for determining voting eligibility was Wednesday, 29th July 2026.

Proposed Resolutions and Implications

The AGM considered and approved seven resolutions:

1. Ordinary Resolution: Adoption of Financial Statements and Reports of the Board of Directors and Auditors

2. Ordinary Resolution: Re-appointment of Mr. P.M. Ganesh as a Director

3. Ordinary Resolution: Appointment of Ms. Madhura Mohan as a Director

4. Special Resolution: Appointment & Remuneration to Ms. Madhura Mohan as an Executive Director

5. Ordinary Resolution: Appointment of Mr. Siddharth Manoharan as a Director

6. Special Resolution: Appointment & Remuneration to Mr. Siddharth Manoharan as a Group Executive Director

7. Ordinary Resolution: Ratification of remuneration payable to Cost Auditor - Mr. G.Sivagurunathan

Voting Process and Methods

The voting process utilized two methods:

  • Remote E-Voting: Conducted through National Securities Depository Limited (NSDL) from Saturday, 1st August 2026 at 9:00 AM IST to Tuesday, 4th August 2026 at 5:00 PM IST
  • E-Voting during AGM: Members attending the virtual meeting who had not voted remotely were provided electronic voting facilities during the meeting

The electronic voting system was configured to prevent duplicate voting, ensuring no member could vote more than once.

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 12,18,81,498
  • Total votes cast: 7,18,59,450 to 7,19,20,009 across resolutions (58.96%-59.01% participation)
  • Total invalid votes: 16,79,235 across all resolutions

Resolution-wise Results:

Item 1 - Adoption of Financial Statements

  • Votes in favor: 7,18,59,450 (99.9993%)
  • Votes against: 494 (0.0007%)
  • Result: Approved

Item 2 - Re-appointment of Mr. P.M. Ganesh

  • Votes in favor: 7,18,72,410 (99.9365%)
  • Votes against: 45,701 (0.0635%)
  • Result: Approved

Item 3 - Appointment of Ms. Madhura Mohan

  • Votes in favor: 6,93,23,864 (96.3929%)
  • Votes against: 25,94,142 (3.6071%)
  • Result: Approved

Item 4 - Remuneration to Ms. Madhura Mohan

  • Votes in favor: 6,95,70,642 (96.7359%)
  • Votes against: 23,47,469 (3.2641%)
  • Result: Approved

Item 5 - Appointment of Mr. Siddharth Manoharan

  • Votes in favor: 7,18,73,243 (99.9378%)
  • Votes against: 44,763 (0.0622%)
  • Result: Approved

Item 6 - Remuneration to Mr. Siddharth Manoharan

  • Votes in favor: 7,18,69,161 (99.9285%)
  • Votes against: 51,420 (0.0715%)
  • Result: Approved

Item 7 - Ratification of Cost Auditor Remuneration

  • Votes in favor: 7,19,20,009 (99.9990%)
  • Votes against: 685 (0.0010%)
  • Result: Approved

Shareholder Category Breakdown

Invalid votes were categorized as:

  • Promoter and Promoter Group: 0 votes
  • Public Institutions: 14,19,222 votes
  • Public - Non Institutions: 2,60,013 votes

Scrutinizer's Role and Findings

Mr. P. Eswaramoorthy of P. Eswaramoorthy and Company, Company Secretaries, was appointed as Scrutinizer by the Board of Directors on 14th May 2026. His responsibilities included scrutinizing the remote e-voting process and e-voting during the AGM in a fair and transparent manner.

The scrutinizer verified that:

  • Voting rights were reckoned based on equity shares held as of the cut-off date (29th July 2026)
  • The electronic voting system prevented duplicate voting
  • Invalid votes (16,79,235) were excluded from majority calculations
  • All resolutions passed with requisite majority despite invalid votes
  • Electronic data and voting records will remain in the scrutinizer's custody until meeting minutes are approved

Compliance Confirmation

The voting process complied with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: General Circular Nos. 14/2020, 17/2020, 20/2020, 02/2021, 19/2021, 21/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • SEBI Circular No. SEBI/HO/CFD/CFD-POD2/P/CIR/2024/133 dated 3rd October 2024

Additional Information

  • Total number of resolutions passed: 7
  • The company is not listed on MSEI (NOTLISTED)