Meeting Details

The 41st Annual General Meeting of the company was held on Friday, August 7, 2026.

Summary of Proposed Resolutions and Implications

Three resolutions were proposed and voted upon:

Resolution 2 (Ordinary): To declare a final dividend of ₹10/- (100%) per equity share of face value of ₹10/- each for the financial year ended on March 31, 2026. Promoters were not interested in this resolution.

Resolution 3 (Ordinary): To appoint a Director in place of Mr. Mahesh Purshottam Babani (DIN: 00051162), who retires by rotation and offered himself for re-appointment. Promoters were interested in this resolution.

Resolution 5 (Special): To approve the re-appointment of Mr. Bhaktavatsala Rao Doppalapudi (DIN: 00356218) as an Executive (Whole-time) Director for a period of 3 consecutive years commencing from August 13, 2026. Promoters were interested in this resolution.

Voting Process and Methods

Voting was conducted through:

  • Remote e-voting prior to the AGM
  • E-voting during the AGM

The voting results were being uploaded in XBRL mode and are available on the company's website (www.privi.com) and on the website of MUFG Intime India Private Limited (https://instavote.linkintime.co.in/).

Key Voting Outcomes

Resolution 2 - Final Dividend Declaration

  • Total votes cast: 31,169,057 (79.7924% of outstanding shares)
  • Votes in favor: 31,168,269 (99.9975% of votes polled)
  • Votes against: 788 (0.0025% of votes polled)
  • Invalid votes: 6,836

Category-wise breakdown:

  • Promoter and Promoter Group: 23,671,974 votes (100% participation), 100% in favor
  • Public Institutions: 3,998,872 votes (85.916% participation), 100% in favor, 6,836 invalid votes
  • Public Non-Institutions: 3,498,211 votes (32.5829% participation), 99.9775% in favor, 0.0225% against

Resolution 3 - Re-appointment of Mr. Mahesh Purshottam Babani

  • Total votes cast: 31,169,057 (79.7924% of outstanding shares)
  • Votes in favor: 31,058,241 (99.6445% of votes polled)
  • Votes against: 110,816 (0.3555% of votes polled)
  • Invalid votes: 6,836

Category-wise breakdown:

  • Promoter and Promoter Group: 23,671,974 votes (100% participation), 100% in favor
  • Public Institutions: 3,998,872 votes (85.916% participation), 97.2485% in favor, 2.7515% against, 6,836 invalid votes
  • Public Non-Institutions: 3,498,211 votes (32.5829% participation), 99.9775% in favor, 0.0225% against

Resolution 5 - Re-appointment of Mr. Bhaktavatsala Rao Doppalapudi

  • Total votes cast: 31,169,057 (79.7924% of outstanding shares)
  • Votes in favor: 31,165,301 (99.9879% of votes polled)
  • Votes against: 3,756 (0.0121% of votes polled)
  • Invalid votes: 6,836

Category-wise breakdown:

  • Promoter and Promoter Group: 23,671,974 votes (100% participation), 100% in favor
  • Public Institutions: 3,998,872 votes (85.916% participation), 99.9258% in favor, 0.0742% against, 6,836 invalid votes
  • Public Non-Institutions: 3,498,211 votes (32.5829% participation), 99.9775% in favor, 0.0225% against

Compliance Statement

All resolutions set out in the Notice of the 41st AGM have been duly passed with requisite majority in compliance with applicable regulations.