Meeting Details

  • Date: Friday, July 31, 2026
  • Time: 11:00 A.M. (IST)
  • Location: Held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: 24th Annual General Meeting
  • Record Date: Friday, July 24, 2026
  • Total Shareholders on Record Date: 92,880
  • Shareholders Present in Meeting: 85 (including Speakers)
  • Promoters & Promoter Group Attendance: 1
  • Public Attendance: 84

Proposed Resolutions and Implications

Five resolutions were considered at the AGM:

1. Ordinary Resolution: Adoption of Audited Financial Statements for FY ended March 31, 2026, and reports of Board of Directors and Auditors

2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, and reports of Auditors

3. Ordinary Resolution: Declaration of Final Dividend for financial year 2025-26

4. Ordinary Resolution: Re-appointment of Mr. Anil Jain (DIN: 00181960) as director liable to retire by rotation

5. Special Resolution: Variation in utilization of proceeds amounting to ₹19.07 crore out of preferential issue aggregating to ₹219.69 crore approved by shareholders in EGM held on March 27, 2024

Voting Process and Methods

  • Remote e-Voting Period: Tuesday, July 28, 2026 (09:00 A.M. IST) to Thursday, July 30, 2026 (05:00 P.M. IST)
  • Service Provider: National Securities Depository Limited (NSDL)
  • Platform: https://www.evoting.nsdl.com
  • Methods: Remote e-Voting and e-Voting during AGM (insta poll)
  • Newspaper Advertisement: Published on July 09, 2026 in Business Standard (English) and Dinamani (Tamil)

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total Votes Polled: 7,90,77,599 (57.6286% of outstanding shares)
  • In Favor: 7,90,61,098 (99.98%)
  • Against: 16,501 (0.02%)
  • Result: Passed

Resolution 2: Adoption of Consolidated Financial Statements

  • Total Votes Polled: 7,90,78,229 (57.6290% of outstanding shares)
  • In Favor: 7,90,61,728 (99.98%)
  • Against: 16,501 (0.02%)
  • Result: Passed

Resolution 3: Declaration of Final Dividend

  • Total Votes Polled: 7,90,77,599 (57.6286% of outstanding shares)
  • In Favor: 7,90,61,098 (99.98%)
  • Against: 16,501 (0.02%)
  • Result: Passed

Resolution 4: Re-appointment of Mr. Anil Jain

  • Total Votes Polled: 7,90,77,599 (57.6286% of outstanding shares)
  • In Favor: 7,90,27,148 (99.94%)
  • Against: 50,451 (0.06%)
  • Result: Passed

Resolution 5: Variation in Utilization of Proceeds

  • Total Votes Polled: 7,90,77,599 (57.6286% of outstanding shares)
  • In Favor: 7,90,51,049 (99.97%)
  • Against: 26,550 (0.03%)
  • Result: Passed

Participation Breakdown by Shareholder Category

Promoter and Promoter Group

  • Shares Held: 7,76,23,085
  • Votes Polled: 7,76,23,085 (100% of shares held)
  • Voting Method: Entirely through e-Voting

Public-Institutions

  • Shares Held: 18,67,782
  • Votes Polled: 6,87,170 (36.7907% of shares held)
  • Voting Method: Entirely through e-Voting

Public-Non Institutions

  • Shares Held: 5,77,28,581
  • Votes Polled: 7,67,344 (1.3292% of shares held)
  • Voting Method: Entirely through e-Voting

Scrutinizer's Role and Findings

  • Scrutinizer: CS Mehak Gupta, Company Secretary in Practice (FCS: 10703), Proprietor of M/s Mehak Gupta & Associates
  • Appointment: By Board of Directors in meeting held June 30, 2026
  • Responsibilities: Scrutinized remote e-Voting process and e-Voting during AGM pursuant to Section 108 of Companies Act, 2013
  • Findings: All voting processes complied with applicable regulations; results are accurate based on NSDL reports
  • Custody of Records: Voting records remain in scrutinizer's safe custody until Chairman approves and signs minutes

Compliance Confirmation

  • Compliance with Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014
  • Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Meeting conducted pursuant to MCA General Circulars and SEBI Circulars permitting VC/OAVM meetings
  • Newspaper advertisement published as required under Rule 20(4)(v) of Companies (Management and Administration) Rules

Additional Information

  • Company CIN: L45200TN2002PLC049601
  • Corporate Office: Refex Building, 67, Bazullah Road, Parthasarathy Puram, T Nagar, Chennai - 600 017
  • Total Valid Votes Cast Across All Resolutions: 7,90,77,599 shares
  • Remote e-Voting Participants: 128 shareholders (7,86,58,503 votes)
  • e-Voting at AGM Participants: 7 shareholders (4,19,096 votes)