Meeting Details

The 61st Annual General Meeting of Ramco Industries Limited was held on Thursday, August 20, 2026 through Video Conferencing (VC) in compliance with MCA and SEBI circulars. The meeting commenced at 11:30 AM and concluded at 12:11 PM.

Attendance

Directors Present:

  • Shri P.R. Venketrama Raja (Chairman & Chairperson of Stakeholders Relationship Committee, CSR Committee and Risk Management Committee) - In Person
  • Shri P.V. Abinav Ramasubramaniam Raja (Managing Director) - In Person
  • Shri S.S. Ramachandra Raja (Non Executive Non Independent Director) - Through VC
  • Shri N.K. Shrikantan Raja (Non Executive Non Independent Director) - Through VC
  • Shri Ajay Bhaskar Baliga (Independent Director & Chairperson of Audit Committee) - Through VC
  • Shri Hariharan Thiagarajan (Independent Director) - Through VC
  • Justice Shri P.P.S. Janarthana Raja (Retd.) (Independent Director & Chairperson of Nomination and Remuneration Committee) - In Person
  • Smt. Soundara Kumar (Independent Director) - Through VC

Other Attendees:

  • Shri S. Balamurugasundaram (Company Secretary & Legal Head) - In Person
  • Shri Prem G Shanker (Chief Executive Officer) - In Person
  • Shri K. Sankaranarayanan (Chief Financial Officer) - In Person

Auditors Present:

  • Representatives from M/s.SRSV & Associates, Chartered Accountants (Statutory Auditors)
  • Representatives from M/s. Ramakrishna Raja And Co., Chartered Accountants (Statutory Auditors)
  • Representatives from M/s. RSGK & Associates, Company Secretaries (Secretarial Auditor)
  • Representatives from M/s. Cameo Corporate Services Limited (Registrar & Transfer Agent)

Scrutiniser: Shri K. Srinivasan, Chartered Accountant, Partner - M/s. M.S.Jagannathan & N.Krishnaswami, Chartered Accountants - Through VC

Total shareholder attendance: 57 members through VC.

Proceedings Summary

The meeting was conducted pursuant to Regulation 30(6) read with Clause 13 of Schedule III, Part A, Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Secretary confirmed that:

  • Registers required under Companies Act, 2013 were made available electronically for inspection
  • Certificate dated May 27, 2026 was obtained from Secretarial Auditors regarding Employee Stock Option Schemes compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
  • Details required under Part F of Schedule I read with Regulation 14 of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 were disclosed on company website
  • E-voting facility was available from August 1, 2026 (9:00 AM) to August 19, 2026 (5:00 PM)
  • E-voting during the meeting was closed at 12:28 PM

Four out of nine registered speaker shareholders attended and spoke during the Q&A session, with queries addressed by the CEO.

Resolutions Passed

Ordinary Business - Ordinary Resolutions:

1. Adoption of Financial Statements

  • Approved the Company's Separate and Consolidated Audited Financial Statements for the year ended March 31, 2026
  • Approved the Reports of the Board of Directors and Auditors thereon

2. Declaration of Dividend

  • Declared dividend of ₹1.25 per share for the year ended March 31, 2026
  • Dividend to be paid to shareholders whose names appear in the Register of Members and Register of Beneficial Owners maintained by Depositories as on August 13, 2026

3. Reappointment of Director

  • Reappointed Shri P.R. Venketrama Raja (DIN: 00331406) as Director liable to retire by rotation
  • Approved pursuant to Section 159 of the Companies Act, 2013

Special Business - Ordinary Resolution:

4. Ratification of Cost Auditor Remuneration

  • Ratified remuneration of ₹3,00,000 (exclusive of applicable GST and out-of-pocket expenses) to M/s. N. Sivashankaran & Co., Cost Accountants (Firm Registration No. 100662)
  • For auditing Cost Records relating to manufacture of Fibre Cement Products (FCP & CSB) and Cotton Yarn for financial year 2026-27
  • Approved pursuant to Section 148(3) of Companies Act, 2013 and Rule 14 of Companies (Audit and Auditors) Rules, 2014

Additional Information

The scrutiniser will provide e-voting results to be announced to stock exchanges and displayed on company website.

The meeting concluded with a vote of thanks to the Chair.