Meeting Details
- Date of Meeting: 29th September 2026
- Time: 04:00 PM IST
- Mode: Video Conferencing / Other Audio-Visual Means (VC/OAVM)
- Record Date: 22nd September 2026
- Total Shareholders on Record Date: 92,496
Attendance Details
- Promoters/Promoter Group attended through VC: 4 members
- Public shareholders attended through VC: 56 members
- No shareholders attended in person or through proxy
Voting Process
- Mode of Voting: Remote E-voting and E-voting during AGM
- E-voting Period: 26th September 2026 (9:00 AM) to 28th September 2026 (5:00 PM)
- Scrutinizer: CS Abhay Raghunath Gulavani (Membership No.: 10668)
- Appointment Date: 02nd September 2026
- Report Issuance Date: 30th September 2026
- E-voting Service Provider: MUFG Intime India Pvt. Ltd. (formerly Link Intime India Pvt. Ltd.)
Resolution Details and Voting Outcomes
Resolution 1: Ordinary Resolution
Purpose: To receive, consider and adopt audited Standalone Financial Statements as at 31st March 2026 with Reports of Directors and Auditors
Result: Passed
- Total Votes Polled: 63,404,554 (81.8714% of outstanding shares)
- In Favor: 63,404,500 (99.9999%)
- Against: 54 (0.0001%)
Resolution 2: Ordinary Resolution
Purpose: To receive, consider and adopt Audited Consolidated Financial Statements as at 31st March 2026 with Auditors' Reports
Result: Passed
- Total Votes Polled: 63,404,554 (81.8714%)
- In Favor: 63,403,934 (99.9990%)
- Against: 620 (0.0010%)
Resolution 3: Ordinary Resolution
Purpose: To declare Dividend of ₹1 per equity share (face value ₹10) for FY ended 31st March 2026 to Non-Promoter shareholders (Promoters waived rights)
Result: Passed
- Total Votes Polled: 63,405,028 (81.8720%)
- In Favor: 63,404,974 (99.9999%)
- Against: 54 (0.0001%)
Resolution 4: Ordinary Resolution
Purpose: To appoint Mr. Bharanidharan Pandyan (DIN: 01298247) who retires by rotation
Result: Passed
- Total Votes Polled: 34,785,548 (44.9170%)
- In Favor: 33,495,158 (96.2904%)
- Against: 1,290,390 (3.7096%)
Resolution 5: Ordinary Resolution
Purpose: To ratify remuneration of Cost Auditors for FY ending 31st March 2027
Result: Passed
- Total Votes Polled: 63,404,554 (81.8714%)
- In Favor: 63,404,500 (99.9999%)
- Against: 54 (0.0001%)
Resolution 6: Special Resolution
Purpose: Re-appointment of Mr. Thalavaidurai Pandyan (DIN: 00439782) as Chairman and Managing Director with remuneration approval
Result: Passed
- Total Votes Polled: 53,544,548 (69.1396%)
- In Favor: 51,003,729 (95.2548%)
- Against: 2,540,819 (4.7452%)
Resolution 7: Special Resolution
Purpose: Re-appointment of Mr. Bharanidharan Pandyan (DIN: 01298247) as Whole Time Director designated as Joint Managing Director with remuneration approval
Result: Passed
- Total Votes Polled: 34,785,548 (44.9170%)
- In Favor: 30,954,959 (88.9880%)
- Against: 3,830,589 (11.0120%)
Resolution 8: Special Resolution
Purpose: Re-appointment of Mrs. Chitra Pandyan (DIN: 02602659) as Whole Time Director with remuneration approval
Result: Passed
- Total Votes Polled: 63,404,054 (81.8707%)
- In Favor: 60,863,212 (95.9926%)
- Against: 2,540,842 (4.0074%)
Resolution 9: Special Resolution
Purpose: Re-appointment of Mr. Mahesh Saralaya (DIN: 10509703) as Whole Time Director with remuneration approval
Result: Passed
- Total Votes Polled: 63,404,554 (81.8714%)
- In Favor: 63,403,934 (99.9990%)
- Against: 620 (0.0010%)
Resolution 10: Special Resolution
Purpose: Re-appointment of Mr. Sadayandi Ramesh (DIN: 00588780) for second term as Independent Director
Result: Passed
- Total Votes Polled: 63,404,554 (81.8714%)
- In Favor: 59,004,210 (93.0599%)
- Against: 4,400,344 (6.9401%)
Shareholder Category-wise Voting Breakdown
All resolutions showed consistent voting patterns:
- Promoter & Promoter Group: 100% approval on all resolutions where they voted
- Public Institutions: Showed significant opposition (23.5354% against) for Resolution 4 (Director reappointment)
- Public Non-Institutions: Generally high approval rates (99.97-100%) across most resolutions
Scrutinizer's Role and Findings
- CS Abhay R. Gulavani was appointed to scrutinize the e-voting process
- Confirmed the voting was conducted in fair and transparent manner
- No invalid votes were reported across all 10 resolutions
- The scrutinizer's report was issued on 30th September 2026
Compliance Confirmation
- The meeting was conducted in compliance with SEBI LODR Regulations 2015
- Procedures followed Companies Act 2013 and relevant rules
- MCA and SEBI circulars regarding VC/OAVM meetings were adhered to
- All resolutions passed with requisite majority