Meeting Details

  • Date: 07th August, 2026 (Friday)
  • Time: 10:30 A.M.
  • Location: Conducted through video conferencing (VC) / other audio visual means (OAVM)
  • Type: Annual General Meeting (AGM)
  • Cut-off date: Friday, July 31, 2026

Proposed Resolutions and Implications

Six resolutions were put to vote:

1. Ordinary Resolution: Adoption of Audited Standalone & Consolidated financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors

2. Ordinary Resolution: Declaration of Final Dividend of Re. 0.55/- for FY 2025-2026 (in addition to Interim dividend of Re. 0.45/- already paid)

3. Ordinary Resolution: Re-appointment of Mr. Ajit Thomas (DIN: 00018691) as Non-Executive Director who retired by rotation

4. Ordinary Resolution: Appointment of Ms. Avantika Krishna (DIN: 07382967) as Time Director from May 25, 2026 to May 24, 2031

5. Special Resolution: Appointment of Mr. Vaidyanathan Sreenivasan (DIN: 11549452) as Independent Director from May 25, 2026 to May 24, 2031

6. Special Resolution: Appointment of Mr. Mahesh Ramakant Muzumdar (DIN: 02402435) as Independent Director from May 25, 2026 to May 24, 2031

Voting Process and Methods

  • Remote e-voting: Conducted through NSDL from Monday, 03rd August, 2026 (9:00 A.M. IST) to Thursday, 06th August, 2026 (5:00 P.M. IST)
  • Venue e-voting: Provided to shareholders present at AGM through VC/OAVM who had not cast votes earlier
  • Scrutinizer: V Suresh Associates, Practising Company Secretaries appointed to scrutinize the process
  • Notice dispatch: Notice dated 25th May 2026 sent electronically to shareholders
  • Public advertisement: Published in Business Standard, Trinity Mirror (English) and Makkal Kural (vernacular) on 17th July 2026

Key Voting Outcomes

All resolutions passed with requisite majority. Detailed results:

Resolution 1: Adoption of Financial Statements

  • Total valid votes: 9,37,53,134 shares
  • In favor: 9,37,41,909 shares (99.99%)
  • Against: 11,225 shares (0.01%)
  • Remote e-voting: 189 folios, 9,37,41,795 shares (99.99% for)
  • AGM e-voting: 2 folios, 114 shares (100% for)

Resolution 2: Final Dividend Declaration

  • Total valid votes: 9,37,92,195 shares
  • In favor: 9,37,92,128 shares (99.99%)
  • Against: 67 shares (0.01%)
  • Remote e-voting: 192 folios, 9,37,92,014 shares (99.99% for)
  • AGM e-voting: 2 folios, 114 shares (100% for)

Resolution 3: Re-appointment of Ajit Thomas

  • Total valid votes: 9,37,90,775 shares
  • In favor: 9,35,83,657 shares (99.78%)
  • Against: 2,07,118 shares (0.22%)
  • Remote e-voting: 182 folios, 9,35,83,543 shares (99.78% for)
  • AGM e-voting: 2 folios, 114 shares (100% for)

Resolution 4: Appointment of Avantika Krishna

  • Total valid votes: 9,37,90,775 shares
  • In favor: 9,36,03,328 shares (99.80%)
  • Against: 1,87,447 shares (0.20%)
  • Remote e-voting: 186 folios, 9,36,03,214 shares (99.80% for)
  • AGM e-voting: 2 folios, 114 shares (100% for)

Resolution 5: Appointment of Vaidyanathan Sreenivasan

  • Total valid votes: 9,37,90,775 shares
  • In favor: 9,37,79,010 shares (99.99%)
  • Against: 11,765 shares (0.01%)
  • Remote e-voting: 186 folios, 9,37,78,896 shares (99.99% for)
  • AGM e-voting: 2 folios, 114 shares (100% for)

Resolution 6: Appointment of Mahesh Ramakant Muzumdar

  • Total valid votes: 9,37,90,775 shares
  • In favor: 9,37,79,476 shares (99.99%)
  • Against: 11,299 shares (0.01%)
  • Remote e-voting: 186 folios, 9,37,79,362 shares (99.99% for)
  • AGM e-voting: 2 folios, 114 shares (100% for)

Scrutinizer's Role and Findings

V Suresh Associates was responsible for scrutinizing the remote e-voting process and ascertaining requisite majority. The scrutinizer verified votes cast "in favour" or "against" based on reports generated from NSDL's e-voting system. Votes were unblocked in presence of two witnesses not employed by the company. Corporate members provided scanned copies of board resolutions authorizing their votes.

Compliance Confirmation

The process complied with Section 108 of Companies Act, 2013, Companies (Management and Administration) Rules, 2014, Regulation 44 of SEBI LODR Regulations, 2015, and multiple MCA and SEBI circulars issued between 2020-2025.

Additional Information

  • Company address: Global Infocity Park, Block A, 2nd floor, #40, Dr MGR Salai, Kandanchavadi, Perungudi, Chennai – 600 096
  • Scrutinizer address: #28, Ganapathy Colony III Street, Teynampet, Chennai-600018