Rane (Madras) Limited held its 22nd Annual General Meeting (AGM) on Wednesday, August 05, 2026 at 14:00 hrs IST through Video Conference (VC)/Other Audio Visual Means (OAVM). The meeting concluded at 15:01 hrs IST.

The company submitted the following documents to the stock exchanges:

  • Summary of proceedings of the 22nd AGM (under Regulation 30 of SEBI LODR)
  • Voting results of remote e-voting and e-voting at the AGM (under Regulation 44 of SEBI LODR)
  • Consolidated report of the Scrutinizer on remote e-voting and e-voting at the AGM dated August 05, 2026

Voting Process and Results

M/s. A.K. Jain & Associates, represented by Mr. Balu Sridhar, Partner, was appointed as Scrutinizer to conduct the remote e-voting process and scrutinize e-voting at the AGM. The company used the e-voting facility offered by Central Depository Services (India) Limited (CDSL).

The remote e-voting period was open from Sunday, August 02, 2026 (09:00 Hrs IST) to Tuesday, August 04, 2026 (17:00 Hrs IST). Shareholders holding shares as of the cut-off date of Wednesday, July 29, 2026 were entitled to vote.

The company published advertisements in Business Standard (English) and Hindu Tamizh Thisai (Tamil) newspapers on July 11, 2026, more than 21 days before the AGM date.

Resolution Voting Results

All six resolutions were passed with requisite majority:

1. Ordinary Resolution: To declare dividend on equity shares

  • Total valid votes: 19,629,591
  • Votes in favor: 19,629,561 (99.9998%)
  • Votes against: 30 (0.0002%)

2. Ordinary Resolution: To appoint Mr. Ganesh Lakshminarayan (DIN: 00012583) as Director who retires by rotation

  • Total valid votes: 19,629,591
  • Votes in favor: 19,629,561 (99.9998%)
  • Votes against: 30 (0.0002%)

3. Ordinary Resolution: To ratify remuneration of Cost Auditor for FY 2025-26

  • Total valid votes: 19,629,591
  • Votes in favor: 19,629,551 (99.9998%)
  • Votes against: 40 (0.0002%)

4. Ordinary Resolution: [Specific purpose not explicitly stated in provided text]

  • Total valid votes: 19,629,591
  • Votes in favor: 19,629,408 (99.9991%)
  • Votes against: 183 (0.0009%)

5. Special Resolution: To re-appoint Mr. Ramesh Rajan Natarajan (DIN: 01628318) as an Independent Director for a second term

  • Total valid votes: 19,629,591
  • Votes in favor: 19,629,561 (99.9998%)
  • Votes against: 30 (0.0002%)

6. Special Resolution: To appoint Mr. Ramkumar Lakshminarayanan (DIN: 00090089) as an Independent Director

  • Total valid votes: 19,629,591
  • Votes in favor: 19,629,561 (99.9998%)
  • Votes against: 30 (0.0002%)

Voting Breakdown

Remote e-voting prior to AGM: 19,629,445 votes

E-voting during the AGM: 146 votes

Total valid votes across all resolutions: 19,629,591

No invalid votes were found during the scrutiny process.

The Scrutinizer's report was unblocked at 15:05 PM IST on August 05, 2026, in the presence of witnesses Ms. Sandhya and Ms. Dharsha, who are not employees of the company.

All relevant records of e-voting will remain in the Scrutinizer's safe custody until the Chairman considers, approves and signs the minutes of the Annual General Meeting, after which they will be handed over to the Company Secretary.

Financial impact not quantified in the disclosure.