Event Details
The 31st Annual General Meeting of Shankara Building Products Limited was held on Thursday, 18th June 2026 through Video Conferencing/Other Audio-Visual Means (VC/OAVM).
Shareholder Participation Details
- Total shareholders on record date: 26,250
- Shareholders present in meeting: 47 (all through video conferencing)
- Promoter and Promoter Group attendance: 3 shareholders representing 1,379,675 shares (5.68954% of capital)
- Public shareholders attendance: 44 shareholders representing 359,174 shares (1.48117% of capital)
- Total shares represented: 1,738,849 shares (7.17071% of capital)
- Book closure period: 11th June 2026 to 18th June 2026 (both days inclusive)
Resolutions Passed
All five resolutions were approved with requisite majority:
Ordinary Business
1. Adoption of Financial Statements: To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026 together with Reports of Directors and Auditors, and Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors
- Votes For: 12,251,632 (99.9986%)
- Votes Against: 167 (0.0014%)
2. Reappointment of Director: To re-appoint Mr. Dhananjay Mirlay Srinivas (DIN: 09108483) as Director who retires by rotation
- Votes For: 12,251,532 (99.9978%)
- Votes Against: 267 (0.0022%)
Special Business
3. Reappointment of Managing Director: Reappointment of Mr. Sukumar Srinivas (DIN: 01668064) as Managing Director
- Votes For: 12,213,390 (99.6865%)
- Votes Against: 38,409 (0.3135%)
4. Appointment of Independent Director: Appointment of Mr. Medepalli Eswara Rao (DIN: 11696395) as Independent Director
- Votes For: 12,251,632 (99.9986%)
- Votes Against: 167 (0.0014%)
5. Amendment to Memorandum: Amendment in the main object clause of the memorandum of association
- Votes For: 12,251,632 (99.9986%)
- Votes Against: 167 (0.0014%)
Voting Process Details
The e-voting process was managed by Kfin Technologies Limited (Kfintech):
- Remote e-voting period: Monday, 15th June 2026 (9:00 AM IST) to Wednesday, 17th June 2026 (5:00 PM IST)
- E-voting during AGM: Conducted for 15 minutes after commencement declaration
- Total votes cast: 12,251,799 shares (50.5243% of outstanding share capital)
- Cut-off date for eligibility: Wednesday, 10th June 2026
Scrutinizer Report
S Kannan, Practicing Company Secretary (FCS 6261, PCS No. 13016) was appointed as scrutinizer. The report confirms:
- Compliance with Companies Act, 2013 and SEBI LODR Regulations, 2015
- All resolutions approved with requisite majority
- Electronic voting data shared with company management
- Public advertisements published in Business Standard (English) on 28th May 2026 and Kannada Prabha (Kannada) on 28th May 2026