Meeting Details

The 25th Annual General Meeting of Sai Parenterals Limited was held on Thursday, September 10, 2026 at 11:14 AM through Video Conferencing/Other Audio-Visual Means. The meeting concluded at 12:05 PM (excluding voting period).

Attendance

Directors and KMP Present (all through VC):

  • Anil Kumar Karusala (Managing Director & Chairperson)
  • Vijitha Gorrepati (Whole Time Director)
  • Kunal Kakumanu (Executive Director)
  • Seeta Ram Anjaneyulu Gorantla (Independent Director)
  • Bhagyashri Dharmasa Zad (Independent Director)
  • Kalidindi V Raju (Independent Director)
  • Anil Kumar (Chief Financial Officer)
  • D B Venkoji Prakash (Chief Executive Officer)
  • Shivali Aggarwal (Company Secretary and Compliance Officer)

Other Invitees (all through VC):

  • M/s. R Kabra & Co. LLP (Statutory Auditors)
  • M/s. NSVR & Associates LLP (Internal Auditors)
  • M/s. Aakanksha Dubey & Co. (Secretarial Auditor & Scrutinizer)

Shareholder Participation:

  • Total members attended: 54 (4 Promoters/Promoter Group, 50 Public)
  • Total shareholders on record date: 13,883

Resolutions Considered and Voting Results

All 12 resolutions were passed with requisite majority:

1. Ordinary Resolution: Adoption of Audited Financial Statements for FY ended March 31, 2026

  • Total votes polled: 33,489,672 (75.80% of outstanding shares)
  • Votes in favor: 33,489,664 (100% of votes polled)
  • Votes against: 8 (0.00%)

2. Ordinary Resolution: Re-appointment of Mr. Anil Kumar Karusala (DIN: 01866646) as Director retiring by rotation

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 33,489,626 (99.9999%)
  • Votes against: 46 (0.0001%)

3. Special Resolution: Re-appointment of Mr. Anil Kumar Karusala as Managing Director

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 33,485,626 (99.9879%)
  • Votes against: 4,046 (0.0121%)

4. Special Resolution: Re-appointment of Mrs. Vijitha Gorrepati (DIN: 03492979) as Whole-Time Director

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 33,485,226 (99.9867%)
  • Votes against: 4,446 (0.0133%)

5. Special Resolution: Appointment of Mr. Kunal Kakumanu (DIN: 11281388) as Executive Director

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 33,460,906 (99.9141%)
  • Votes against: 28,766 (0.0859%)

6. Ordinary Resolution: Appointment of M/s. Aakanksha Dubey & Co. as Secretarial Auditors for 5 years

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 33,485,664 (99.988%)
  • Votes against: 4,008 (0.012%)

7. Special Resolution: Variation and extension of IPO proceeds utilization for Capacity Expansion and R&D Centre

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 33,485,664 (99.988%)
  • Votes against: 4,008 (0.012%)

8. Special Resolution: Ratification of Employee Stock Option Plan 2025

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 32,420,616 (96.8078%)
  • Votes against: 1,069,056 (3.1922%)

9. Special Resolution: Extension of ESOP 2025 benefits to Subsidiary Companies

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 32,420,216 (96.8066%)
  • Votes against: 1,069,456 (3.1934%)

10. Ordinary Resolution: Approval of Material Related Party Transaction - Loan to Sai Singapore Pte. Ltd. for downstream funding to Noumed Pharmaceuticals

  • Total votes polled: 10,889,671 (24.6488%)
  • Votes in favor: 9,845,297 (90.4095%)
  • Votes against: 1,044,374 (9.5905%)

11. Ordinary Resolution: Approval of Material Related Party Transactions with Noumed Pharmaceuticals for FY 2026-27

  • Total votes polled: 10,889,671 (24.6488%)
  • Votes in favor: 10,885,625 (99.9628%)
  • Votes against: 4,046 (0.0372%)

12. Ordinary Resolution: Ratification of Payment of Remuneration to Cost Auditor for FY 2026-27

  • Total votes polled: 33,489,672 (75.80%)
  • Votes in favor: 33,485,264 (99.9868%)
  • Votes against: 4,408 (0.0132%)

Voting Process Details

  • Remote e-voting period: September 7, 2026 (9:00 AM) to September 9, 2026 (5:00 PM)
  • Record date: September 3, 2026
  • Scrutinizer: M/s. Aakanksha Dubey & Co. (Appointed August 11, 2026)
  • Voting agency: National Securities Depository Limited (NSDL)
  • Total shares outstanding: 44,179,231

Additional Documents Submitted

  • Summary of proceedings (Annexure I)
  • Voting results (Annexure II)
  • Scrutinizer's report (Annexure III)

Financial Impact

No specific financial impact quantified in the disclosure. All resolutions are procedural and governance-related.