Meeting Details

  • Date: Thursday, August 13, 2026
  • Time: 15:00 hrs to 15:53 hrs IST
  • Location: Conducted through Video Conference (VC) / Other Audio Visual Means (OAVM)
  • Type: 90th Annual General Meeting

Proposed Resolutions and Implications

The AGM transacted the following business:

Ordinary Business

1. Adoption of Audited Financial Statements: To consider and adopt the Audited Financial Statements for the year ended March 31, 2026, together with reports of the Board of Directors and the Auditor thereon.

2. Dividend Declaration: To declare dividend on Equity Shares.

3. Director Re-appointment: To appoint Mr. Harish Lakshman (DIN: 00012602), who retires by rotation and offers himself for re-appointment.

Special Business

4. Independent Director Appointment: To appoint Mr. Ramesh Rajan Natarajan (DIN: 01628318) as an Independent Director.

Voting Process and Methods

The Company engaged Central Depositary Services (India) Limited to provide:

  • Remote e-voting: Open from August 10, 2026 (09:00 Hrs IST) to August 12, 2026 (17:00 Hrs IST)
  • E-voting at AGM: Facility kept open for 15 minutes from the end of the meeting for shareholders who did not vote remotely
  • Cut-off date: August 6, 2026 for shareholder eligibility
  • Scrutinizer: M/s. A K Jain & Associates, represented by Mr. Balu Sridhar

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 71,13,470
  • In favor: 71,13,457 (99.9998%)
  • Against: 13 (0.0002%)
  • Abstention: One shareholder holding 580 equity shares abstained

Resolution 2: Dividend Declaration

  • Total votes cast: 71,14,050
  • In favor: 71,14,037 (99.9998%)
  • Against: 13 (0.0002%)

Resolution 3: Re-appointment of Mr. Harish Lakshman

  • Total votes cast: 71,14,050
  • In favor: 71,13,879 (99.9976%)
  • Against: 171 (0.0024%)
  • Promoter interest: Yes, as Mr. Harish Lakshman is a promoter

Resolution 4: Appointment of Mr. Ramesh Rajan Natarajan as Independent Director

  • Total votes cast: 71,14,050
  • In favor: 68,66,690 (96.5229%)
  • Against: 2,47,360 (3.4771%)

Participation Breakdown by Shareholder Category

Overall Participation

  • Total outstanding shares: 1,42,77,809
  • Total votes polled: 71,14,050 (49.83% participation)

Category-wise Participation for Resolution 1

  • Promoter and Promoter Group: 60,20,096 votes (90.42% of their 66,58,084 shares)
  • Public - Institutions: 3,46,643 votes (59.95% of their 5,78,245 shares)
  • Public - Non Institutions: 7,46,731 votes (10.60% of their 70,41,480 shares)

Scrutinizer's Role and Findings

  • Scrutinizer: M/s. A K Jain & Associates, represented by Mr. Balu Sridhar
  • Vote unblocking: Conducted at 16:07 PM IST on August 13, 2026 in the presence of Ms. Dharsha and Mr. Saravanan (non-employees)
  • Findings: No invalid votes found
  • Conclusion: All resolutions passed with requisite majority
  • Record custody: Voting records remain with scrutinizer until Chairman approves and signs minutes

Compliance with Laws and Regulations

The Company confirmed compliance with:

  • Companies Act, 2013 (Section 108)
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies (Management and Administration) Rules, 2014
  • General Circular No. 03/2025 dated September 22, 2025
  • Newspaper advertisements published in Business Standard (English) and Hindu Tamizh Thisai (Tamil) on July 18, 2026

Additional Information

  • Board attendance: Independent Directors Mr. M M Murugappan and Mr. Rajeev Gupta were unable to attend due to professional pre-occupations
  • Document availability: Statutory registers and necessary documents were available for inspection until conclusion of AGM
  • Results disclosure: Voting results disclosed to BSE and NSE and uploaded on company website www.ranegroup.com