Meeting Details
- Meeting Type: Adjourned 36th Annual General Meeting
- Date: Wednesday, October 07, 2026
- Time: 3:00 PM to 3:55 PM IST (voting allowed until 4:10 PM IST)
- Location: Module 28, 2nd Floor, Block 1, SIDCO Electronic Complex, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai-600032
- Mode: Video Conferencing and Other Audio-Visual Means (VC/OAVM)
- Compliance: Conducted in accordance with MCA General Circulars, SEBI circulars, and Companies Act, 2013 provisions
Attendance Details
Board of Directors Present:
1. Mr. Samiayya Arularasan - Managing Director (attended from Vellore)
2. Mr. Ramamurthy Natarajan - Non-Executive Independent Director (attended from Chennai)
3. Mr. Nangavaram Mahadevan Ranganathan - Non-Executive Non-Independent Director (attended from Chennai)
4. Mr. Natesan Kameshwaron - Whole-time Director (attended from Tirunelveli)
Key Managerial Personnel Present:
1. Mr. Natesan Kameshwaron - Chief Financial Officer (attended from Tirunelveli)
Scrutinizer & Auditors Present:
1. KRA & Associates - Secretarial Auditor (attended from Chennai)
2. Ms. Aishwarya Natarajan - Scrutinizer for the AGM, Partner of KRA & Associates (attended from Chennai)
Absent with Leave:
- Mr. Ramaiyan Navamurthy - Chairman of the Company
- Mrs. Bhageerathi
- Statutory Auditors
Shareholder Attendance:
- Total members present: 2
Meeting Proceedings
Mr. Samiayya Arularasan, Managing Director, commenced the meeting with a welcome note and informed that the Board of Directors had unanimously decided Mr. Nangavaram Mahadevan Ranganathan, Non-Executive Director - Non-Independent Director, to be the chairman of the AGM as per the Articles of Association.
Mr. Nangavaram Mahadevan Ranganathan chaired the meeting and confirmed requisite quorum was present with the Scrutinizer, Ms. Aishwarya Natarajan, pursuant to Section 103 of the Companies Act, 2013.
The Notice of AGM dated September 08, 2026, was taken as read, having been circulated by email to shareholders, hosted on the company website and stock exchanges, and published in newspapers.
Voting Details
Remote E-Voting Period:
- Start: Sunday, September 27, 2026 at 9:00 AM
- End: Tuesday, September 29, 2026 at 5:00 PM
- Cut-off date for eligibility: Wednesday, September 23, 2026
Members who had not cast votes through remote e-voting could vote through the electronic voting system during the AGM. E-voting facility remained available for 15 minutes after meeting conclusion for members present who hadn't voted earlier.
Business Transacted
The following resolutions were considered and approved:
Ordinary Business:
1. Adoption of audited financial statements for the year ended March 31, 2026 - Ordinary Resolution
2. Re-appointment of Mr. Nangavaram Mahadevan Ranganathan as non-executive director - Ordinary Resolution
Special Business:
3. Approval of material related party transaction(s) between the company and Mr. Samiayya Arularasan, Managing Director (DIN: 09407539) - Ordinary Resolution
4. Approval of material related party transaction(s) between the company and Mr. Natesan Kameshwaron, Whole-time Director (DIN: 11101170) - Ordinary Resolution
5. Appointment of Mrs. Bhageerathi (DIN: 11406837) as a non-executive director of the company - Ordinary Resolution
Additional Information
- Statutory Auditors Report and Secretarial Audit Report were not read as there were no qualifications/comments/observations received
- Shareholders raised queries and questions during the meeting, which were addressed by the Chairman
- Results of e-voting along with Scrutinizer's Report will be submitted to BSE (www.bseindia.com) and placed on company website (www.sipindustries.com)
The meeting concluded with a vote of thanks from the Chairman, who declared the meeting closed at 3:55 PM IST.