Meeting Details

The 5th Annual General Meeting was held on Saturday, September 26, 2026, at 12:00 Noon (IST) through Video Conference/Other Audio-Visual Mode (VC/OAVM) with the deemed venue being the Registered Office of the Company at Lakshmi Neela Rite Choice Chamber, New No.9, Bazullah Road, T Nagar, Chennai - 600017.

Proposed Resolutions

Five ordinary resolutions were proposed and approved:

1. To receive, consider and adopt the Audited Annual Financial Statements together with the Report of the Board of Directors and Auditors thereon for the year ended March 31, 2026

2. To appoint a director in the place of Mr. Ashish Pradeep Deora (DIN: 00409254), who retires by rotation

3. To consider and approve the appointment of M/s. Abarna & Ananthan, Chartered Accountants (FRN: 000003S) as Statutory Auditors

4. To consider and ratify the remuneration payable to the Cost Auditors

5. To approve the remuneration/commission payable to the Non-Executive Directors

Voting Process and Methods

The voting was conducted through:

  • Remote e-Voting: Available from Wednesday, September 23, 2026 (09:00 AM IST) to Friday, September 25, 2026 (05:00 PM IST)
  • E-Voting at AGM: Available during the meeting through "Insta Poll" for shareholders attending via VC/OAVM

National Securities Depository Limited (NSDL) was appointed as the authorized agency to provide e-Voting facilities. The cut-off date for determining shareholder eligibility was Monday, September 21, 2026.

Key Voting Outcomes

Overall Participation:

  • Total shareholders eligible: 86,261
  • 74 shareholders attended the AGM through VC/OAVM
  • Total votes cast across all resolutions: 88,362,762 shares (51.78% of outstanding shares)

Resolution-wise Results:

Item 1 - Adoption of Financial Statements:

  • Votes in favor: 99.99%
  • Votes against: 0.01%
  • Total votes cast: 88,358,082 shares

Item 2 - Re-appointment of Mr. Ashish Pradeep Deora:

  • Votes in favor: 99.99%
  • Votes against: 0.01%
  • Total votes cast: 88,362,762 shares

Item 3 - Appointment of Statutory Auditors:

  • Votes in favor: 99.99%
  • Votes against: 0.01%
  • Total votes cast: 88,362,762 shares

Item 4 - Ratification of Cost Auditors' Remuneration:

  • Votes in favor: 99.99%
  • Votes against: 0.01%
  • Total votes cast: 88,362,762 shares

Item 5 - Approval of Non-Executive Directors' Remuneration:

  • Votes in favor: 99.99%
  • Votes against: 0.01%
  • Total votes cast: 88,362,762 shares

Category-wise Voting Breakdown:

Promoter and Promoter Group (47,597,070 shares):

  • 99.49% participation rate
  • 100% voted in favor of all resolutions

Public Institutions (13,162,958 shares):

  • 72.53% participation rate
  • 100% voted in favor of all resolutions

Public Non-Institutions (109,894,364 shares):

  • 28.63% participation rate
  • 99.98-99.99% voted in favor across resolutions

Scrutinizer's Role and Findings

Mr. P. Sriram, Practicing Company Secretary (Membership No. FCS 4862), Partner of SPNP & Associates, was appointed as the Scrutinizer. The scrutinization process included:

  • Reconciliation of voting records with cut-off date information
  • Elimination of duplicate voting
  • Verification that votes cast through remote e-Voting took precedence over e-Voting at AGM
  • Confirmation that all resolutions passed with requisite majority

Compliance Confirmation

The meeting was conducted in compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies (Management and Administration) Rules, 2014
  • MCA General Circulars No. 03/2025 dated September 22, 2025
  • Secretarial Standards on General Meetings (SS-2)