Meeting Details

The 19th Annual General Meeting was held on Wednesday, September 09, 2026 at 10:30 a.m. IST through Video Conferencing/Other Audio Visual Means in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI.

The meeting was webcast live on the Instameet platform of MUFG Intime India Private Limited.

Attendance and Leadership

Ms. Poyni Bhatt chaired the meeting. The requisite quorum was present.

Board Members, representatives of Statutory Auditors (M/s. B S R & Co. LLP), Secretarial Auditors (M/s. Nilesh Shah & Associates), and the Scrutinizer were in attendance.

Mr. N. S. Parthasarathy, Chairperson of the Nomination and Remuneration Committee, was unable to attend and authorized Ms. Poyni Bhatt to represent the Committee.

Voting Procedures

Remote e-voting was conducted through the MUFG Instavote platform from September 06, 2026 (9:00 a.m. IST) to September 08, 2026 (5:00 p.m. IST).

E-voting during the AGM was available for members who had not voted remotely. Mr. Mahesh Darji, Partner of M/s. Nilesh Shah & Associates, was appointed as Scrutinizer to oversee the voting process.

Business Conducted

Ordinary Business:

1. Adoption of Audited Financial Statements and Reports of Board of Directors and Auditors for the Financial Year ended March 31, 2026

2. Re-appointment of Mr. Manish Sharma (DIN: 01310490) as Director liable to retire by rotation

Special Business:

3. Appointment of Secretarial Auditors of the Company

4. Ratification of remuneration of Cost Auditors for Financial Year 2026-27

Management Presentation

The Joint Managing Director addressed members on:

  • Company's journey
  • Financial performance for FY 2025-26
  • Key product updates
  • Products under development
  • Planned manufacturing facilities
  • Key risks
  • Company outlook

Shareholder Engagement

Registered speakers were invited to express views, ask questions, and seek clarifications on company operations, financial performance, and resolutions. Mr. Shashikanth Suryanarayanan, Managing Director, responded to member queries.

Documentation and Reports

The Annual Report, including Board's Report, Auditors' Report, financial statements, and other relevant documents along with the Notice of AGM (dated August 12, 2026) had been sent to members.

There were no qualifications, reservations, adverse remarks or disclaimers in the Statutory Auditors' Report or Secretarial Auditors' Report for FY ended March 31, 2026.

Relevant statutory registers and documents were available for electronic inspection at the AGM.

Meeting Conclusion and Next Steps

The meeting concluded at 11:56 a.m. IST, with an additional 15 minutes provided for e-voting completion.

Voting results along with the consolidated report of the Scrutinizer will be disseminated to Stock Exchanges and placed on the Company's and RTA's website within prescribed statutory timelines.