Meeting Details

The 35th Annual General Meeting was held on 23rd September 2026 at 4:30 PM through video conferencing at the company's registered office.

  • Meeting commenced at: 4:30 PM
  • Meeting concluded at: 5:30 PM
  • Shareholder participation: 64 members present through video conferencing holding 14,509,920 shares, accounting for 75.93% of the paid-up capital

Attendance Details

Directors Present at Venue:

1. Sri Vignesh Velu - Chairman and Managing Director

2. Smt. Selvambal - Woman Director

3. Sri P. Kanagavadivelu - Independent Director

4. Sri.C.P Narendran - Independent Director

Key Officers Present:

1. Mr. V. Rajan - Company Secretary

2. Ms.S.Ranisri - Chief Financial Officer

Attendance through Video Conferencing:

1. Sri Paul Thangam - Statutory Auditor (M/s. Paul & Aravind LLP)

2. Sri S. Rengasamy - Secretarial Auditor and Scrutinizer

Absent:

Sri R Uma Shankar - Independent Director (sought leave of absence)

Meeting Proceedings

Sri P. Kanagavadivelu, Chairman of the Audit Committee, was present through video conferencing. Sri Vignesh Velu, Chairman and Managing Director, presided over the meeting.

The Company Secretary confirmed that the AGM was conducted through video conferencing in accordance with MCA and SEBI circulars. The proceedings were recorded and the recorded video/transcript would be posted on the company website.

Chairman's Address

The Chairman delivered a speech covering:

  • Notice of AGM, financial statements, auditor's report, director's report and annexures were taken as read
  • Statutory Auditor's Report and Secretarial Audit Report were clean reports with no reservations, qualifications or adverse remarks
  • Financial Year 2025-26 was challenging with competitive business environment and sluggish demand for products
  • Briefed members about economic overview, industry operations, power operations, personnel, company performance
  • Discussed outlook for current year, current performance of turnover and profitability, and future prospects

Voting Process

For shareholders attending AGM but not casting votes earlier, ballot forms were provided to cast votes at the end of proceedings. Sri S. Rengasamy, Company Secretary in Practice, was appointed as Scrutinizer to scrutinize votes cast by e-voting and ballot.

Questions from Members

Mr. Manjit Singh had requested to be included in speaker list for raising query regarding accounts via email. He attended through video conferencing but did not raise any questions.

Resolution Outcomes

The Chairman informed that all resolutions set forth in the Notice would be deemed passed on the date of AGM subject to requisite number of votes being cast. Results of voting would be announced after receipt of Scrutinizer's Report at the registered office, company website, and BSE portal.

Conclusion

The meeting concluded at 5:30 PM with thanks to customers, shareholders, bankers, board colleagues, and employees.