Key Resolutions Passed:
1. Change in Designation
- Mrs. Usha (DIN: 00060348) changed designation to Non-Executive Director effective 07.08.2026, holding office till the ensuing Annual General Meeting.
2. New Appointments
- Mr. Dayalan Keerthivasan (DIN: 11799057) appointed as Additional Director designated as Non-Executive Independent Director effective 07.08.2026, holding office till the ensuing Annual General Meeting.
- Mr. Maniraj Arjunan (DIN: 09122179) appointed as Additional Director designated as Non-Executive Independent Director effective 07.08.2026, holding office till the ensuing Annual General Meeting.
- Mr. Ramamurthy Arunachalam (DIN: 11166918) appointed as Chief Financial Officer effective 07.08.2026, holding office till the ensuing Annual General Meeting.
3. Auditor Appointment
- M/s. SVSR & Associates, Chartered Accountant appointed as Statutory Auditors to fill casual vacancy caused by resignation of M/s. K M K U & Associates, Chartered Accountant.
- Appointment made pursuant to applicable provisions of Companies Act 2013 and SEBI Listing Regulations, 2015.
- Outgoing auditors raised no concerns or issues.
- SVSR & Associates will hold office up to the ensuing Annual General Meeting.
4. Director Resignations
- Mr. Meenakshi Sundaram Elangovan (DIN: 03606302) resigned as Independent Director effective closure of business hours on 07.08.2026 due to personal commitments and pre-occupancy.
- Mr. Vijaya Raghavan (DIN: 07859076) resigned as Independent Director effective closure of business hours on 07.08.2026 due to personal commitments and pre-occupancy.
- Mr. Ravi Shankar Sambasivan Pulya (DIN: 07612778) resigned as Independent Director effective closure of business hours on 07.08.2026 due to personal commitments and pre-occupancy.
- All three resigning directors confirmed no material reasons beyond those stated and no other circumstances requiring disclosure to shareholders, stock exchanges, or regulators.
5. Committee Constitution
- Board approved constitution of Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee in compliance with Companies Act 2013 and SEBI LODR Regulations 2015.
- Board composition continues to comply with Companies Act 2013 and SEBI LODR requirements.
Additional Documentation:
- Details required under Regulation 30 read with applicable SEBI Circular enclosed as Annexure A
- Resignation letters from all three independent directors enclosed as Annexure B
Financial Impact:
Financial impact not quantified in the disclosure.