Meeting Details

The 19th Annual General Meeting was held on July 31, 2026, from 12:00 Noon to 12:33 PM (IST) through Video Conference/Other Audio-Visual Means. The meeting was attended by 48 shareholders.

Directors Present

  • Sri. E. Shanmugam (Chairman and Managing Director) - Registered Office, Chennai
  • Sri. N. Bala Baskar (Independent Director and Chairman of Audit Committee) - Puducherry, India
  • Sri. S. Muthu Selvam (Independent Director, Chairman of Stakeholders Relationship Committee and Nomination and Remuneration Committee) - Registered Office, Chennai
  • Sri. S. K. Bhaskaran (Independent Director) - Tiruchirappalli, India
  • Smt. S. Valli (Woman Director) - Chennai, India
  • Sri. D. Kuppan (Director) - Registered Office, Chennai

Key Personnel and Auditors Present

  • Sri. P.S. Ravishankar (Company Secretary and Compliance Officer) - Registered Office, Chennai
  • Sri. R. Aravind (Partner, Senthil Kumar and Sundararajan, Chartered Accountants - Statutory Auditor) - Registered Office, Chennai
  • Sri. Chella K. Srinivasan (Partner M/s S.Viswanathan LLP Chartered Accountants - Outgoing Auditor) - Mylapore, Chennai
  • Sri. M. K. Madhavan (M K Madhavan & Associates, Practicing Company Secretaries, Secretarial Auditor and Scrutinizer for E-voting) - Chennai, India
  • Mrs. C. Rajalakshmi (M/s Cameo Corporate Services Limited) - Chennai, India

Quorum and Voting Process

The company had 6,427 members as on the record date. Quorum requirements under Section 103(1)(a)(iii) of the Companies Act, 2013 were met with 30 members present required.

E-voting facility was provided through Central Depository Services (India) Limited (CDSL) for members holding shares as on July 24, 2026. The e-voting period was from July 28, 2026 (9:00 AM IST) to July 30, 2026 (5:00 PM IST).

Mr. M K Madhavan was appointed as Scrutinizer to oversee the e-voting process. Venue e-voting was provided for 15 minutes during the AGM for members who had not cast votes through remote e-voting.

Business Transacted

Ordinary Business:

1. Adoption of audited Standalone and Consolidated financial statements for financial year ended March 31, 2026 together with reports of Board of Directors and Auditors

2. Re-appointment of Sri. D. Kuppan (DIN: 06966946) who retired by rotation

3. Appointment of M/s. Senthil Kumar & Sundararajan, Chartered Accountants (FRN: 011750S) as Statutory Auditor for consecutive term of 5 years effective from FY 2026-2027 till FY 2030-2031

Special Business:

4. Approval to continue Directorship of Sri. D. Kuppan (DIN:06966946) as Non-Executive and Non-Independent Director beyond age of 75 years

5. Appointment of M/s. Senthil Kumar & Sundararajan, Chartered Accountants (FRN: 011750S) as Statutory Auditors to fill casual vacancy caused by resignation of M/s. S.Viswanathan LLP Chartered Accountants (FRN No. 004770S/S200025) until conclusion of 19th AGM

Land Acquisition Matter Update

The Chairman informed members about the company's case for additional compensation pertaining to compulsory acquisition of 3 acres and 16 Guntas of land by the Karnataka Government. The matter was referred to Karnataka Mediation center by Hon'ble High Court of Karnataka, but has been referred back to the High Court for further proceedings as no amicable settlement was reached between parties.

Results Declaration

The results considering both remote e-voting and venue voting will be declared within two working days of AGM conclusion. The consolidated scrutinizer's report will be placed on company's website and filed with CDSL and BSE Limited.