Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 10:30 AM (IST)
  • Location: Conducted through Video Conferencing/Other Audio Visual Means (OAVM)
  • Type: 26th Annual General Meeting

Proposed Resolutions and Implications

Four resolutions were proposed and approved:

Resolution No. 1: Ordinary Resolution to adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, along with reports of Board of Directors and Auditors.

Resolution No. 2: Ordinary Resolution to appoint Mr. Venkataramani Jaiganesh (DIN: 00095975) as Director who retires by rotation and offers himself for reappointment.

Resolution No. 3: Ordinary Resolution for ratification of remuneration of Cost Auditor for FY ending March 31, 2026.

Resolution No. 4: Special Resolution for appointment of Ms. Vasuki K B K (DIN: 07452011) as Independent Director.

Voting Process and Methods

  • Remote e-voting conducted through CDSL platform
  • Remote e-voting period: September 25, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
  • E-voting during AGM for members who had not voted remotely
  • Cut-off date for voting eligibility: September 21, 2026
  • Physical presence dispensed with pursuant to MCA circulars

Key Voting Outcomes

Overall Participation

  • Total shareholders as on record date: 344,053
  • Number of members voting: 301
  • Total votes cast: 16,853,781
  • Percentage of votes cast: 0.87% of outstanding shares

Resolution-wise Results

Resolution No. 1:

  • Votes in favor: 10,065,640 (59.72%)
  • Votes against: 6,788,141 (40.28%)
  • Result: PASSED

Resolution No. 2:

  • Votes in favor: 16,033,081 (95.13%)
  • Votes against: 820,700 (4.87%)
  • Result: PASSED

Resolution No. 3:

  • Votes in favor: 16,729,130 (99.26%)
  • Votes against: 124,651 (0.74%)
  • Result: PASSED

Resolution No. 4:

  • Votes in favor: 15,983,368 (94.84%)
  • Votes against: 870,413 (5.16%)
  • Result: PASSED

Category-wise Voting Breakdown

Resolution No. 1 - Financial Statements Adoption

Promoter & Promoter Group:

  • Votes polled: 2,449,486 (1.34% of holdings)
  • Votes in favor: 100%
  • Votes against: 0%

Public Institutions:

  • Votes polled: 7,008,889 (2.48% of holdings)
  • Votes in favor: 317,214 (4.53%)
  • Votes against: 6,691,675 (95.47%)

Public Non-Institutions:

  • Votes polled: 7,395,406 (0.50% of holdings)
  • Votes in favor: 7,298,940 (98.70%)
  • Votes against: 96,466 (1.30%)

Resolution No. 2 - Director Reappointment

Promoter & Promoter Group:

  • Votes polled: 2,449,486 (1.34% of holdings)
  • Votes in favor: 100%
  • Votes against: 0%

Public Institutions:

  • Votes polled: 7,008,889 (2.48% of holdings)
  • Votes in favor: 6,948,209 (99.13%)
  • Votes against: 60,680 (0.87%)

Public Non-Institutions:

  • Votes polled: 7,395,406 (0.50% of holdings)
  • Votes in favor: 6,635,386 (89.72%)
  • Votes against: 760,020 (10.28%)

Resolution No. 3 - Cost Auditor Remuneration

Promoter & Promoter Group:

  • Votes polled: 2,449,486 (1.34% of holdings)
  • Votes in favor: 100%
  • Votes against: 0%

Public Institutions:

  • Votes polled: 7,008,889 (2.48% of holdings)
  • Votes in favor: 100%
  • Votes against: 0%

Public Non-Institutions:

  • Votes polled: 7,395,406 (0.50% of holdings)
  • Votes in favor: 7,270,755 (98.31%)
  • Votes against: 124,651 (1.69%)

Resolution No. 4 - Independent Director Appointment

Promoter & Promoter Group:

  • Votes polled: 2,449,486 (1.34% of holdings)
  • Votes in favor: 100%
  • Votes against: 0%

Public Institutions:

  • Votes polled: 7,008,889 (2.48% of holdings)
  • Votes in favor: 100%
  • Votes against: 0%

Public Non-Institutions:

  • Votes polled: 7,395,406 (0.50% of holdings)
  • Votes in favor: 6,524,993 (88.23%)
  • Votes against: 870,413 (11.77%)

Scrutinizer's Role and Findings

  • Scrutinizer: D. Saravanan, Practising Company Secretary (COP No. 22608) of Alagar & Associates LLP
  • Appointment: Board resolution dated August 25, 2026
  • Responsibility: Scrutinize remote e-voting and e-voting during AGM
  • Voting unblocked in presence of two witnesses: Ms. Reshma and Ms. Thahira Dhuslima (not company employees)
  • Confirmed fair and transparent voting process
  • No votes were declared invalid for any shareholder category

Compliance with Laws and Regulations

  • Compliance with SEBI LODR Regulations 2015
  • Compliance with Companies Act 2013 and Rules thereunder
  • Following MCA Circulars: No. 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • Quorum requirements met under Section 103 of Companies Act 2013
  • Notice published in Business Standard (English) on September 7, 2026 and Makkal Kural (Tamil) on September 6, 2026

Additional Information

  • Total outstanding shares: 1,932,941,927
  • Company has issued partly paid-up equity shares
  • Electronic voting data handed over to Company Secretary for safe keeping
  • No physical attendance due to VC/OAVM meeting format
  • 37 shareholders attended through Video Conferencing (2 Promoter group, 35 Public)