Meeting Details

The Fortieth (40th) Annual General Meeting of Members of the Company was held on Tuesday, September 22, 2026 at 11:00 a.m. IST through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 11:00 a.m. IST and concluded at 11:40 a.m. IST, lasting 40 minutes.

Attendance and Proceedings

Shri Dinker Mishra, Company Secretary of the company welcomed all members present and introduced the Board of Directors and other panelists. Shri Saripalli Karunakar, Chairman of the meeting took the chair. The requisite quorum was present, and the meeting was declared started. Registers and other documents required by law were available at the meeting for members' inspection.

Voting Process

In compliance with Section 108 and other applicable provisions of the Companies Act, 2013 and Rule 20 of the Companies (Management & Administration) Rules, 2014, as amended and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, the company provided members the facility to exercise their rights to vote electronically through remote e-voting and e-voting at the AGM.

The remote e-voting process was carried out between Friday, September 18, 2026 (9:00 a.m. IST) and Monday, September 21, 2026 (5:00 p.m. IST). The record date for determining shareholders' eligibility for e-voting and dividend was September 15, 2026.

Shri VBSS Prasad, Practicing Company Secretary, was appointed as scrutinizer to scrutinize the votes cast through Remote e-Voting and e-voting at the AGM in a fair and transparent manner. The results of the voting process shall be declared within 2 working days from the conclusion of the meeting.

Agenda Items Considered

The following agenda items as set out in the Notice of 40th Annual General Meeting were placed before members:

ORDINARY BUSINESS

1. To receive, consider and adopt the audited Balance Sheet as at March 31, 2026 and Profit and Loss Account for the year ended on that date together with Reports of Directors and Auditors thereon

2. To declare Dividend on Equity shares for the financial year 2025-26 of Rs. 0.50/- Per equity share (5%) of face value of Rs. 10/- each for the year ended March 31, 2026

3. To re-appoint Shri Saripalli Karunakar (DIN: 01665760) as a Director of the company who retires by rotation and being eligible offers himself for re-appointment

SPECIAL BUSINESS

4. Ratification of the remuneration of Cost Auditor for the year 2026-27

Other Proceedings

The Chairman gave a brief Business Outlook about the Company along with the financial performance and expressed appreciation to shareholders, banks, employees, customers, suppliers and service providers for their support and trust. Shareholders who had requested registration as speaker shareholders were called for their questions, which were answered.

The meeting concluded at 11:40 a.m. IST with a vote of thanks.