Meeting Details

The 31st Annual General Meeting was held on Friday, 18th September 2026 at 10:00 AM through video conferencing and other audio-visual means (VC/OVAM) without physical presence of members at a common venue.

Proposed Resolutions and Implications

The meeting considered eight resolutions:

Ordinary Business:

1. Adoption of financial statements and reports of board of directors and auditors

2. Declaration of dividend for financial year ended 31st March 2026

3. Re-appointment of Mrs. S. Kumutaavalli (DIN: 00002390) as a Director

Special Business:

4. Increase the Authorised Share Capital and Alteration to Capital Clause of Memorandum of Association

5. Alteration to the Capital Clause of Article of Association of the Company

6. Amendment to the Articles of Association of the Company

7. Appointment of Mr. SKM Maellanandhan as chairman emeritus of the company

8. Increase In Borrowing Powers of the Board of Directors

Voting Process and Methods

The remote e-voting period remained open from 15th September 2026 (09:00 AM IST) to 17th September 2026 (05:00 PM IST) through National Securities Depository Limited (NSDL) platform (https://www.evoting.nsdl.com). Shareholders holding shares as on the cut-off date of 11th September 2026 were entitled to vote. During the AGM, shareholders present through VC/OVAM who had not voted by remote e-voting were allowed to cast votes through e-voting systems provided by NSDL.

Key Voting Outcomes

Item No. 1: Adoption of financial statements

  • Total votes cast: 26,786,320
  • In favor: 26,786,119 votes (99.99%) from 81 members
  • Against: 201 votes (0.01%) from 2 members
  • Invalid votes: 0

Item No. 2: Declaration of dividend

  • Total votes cast: 26,786,320
  • In favor: 26,786,119 votes (99.99%) from 81 members
  • Against: 201 votes (0.01%) from 2 members
  • Invalid votes: 0

Item No. 3: Re-appointment of Mrs. S. Kumutaavalli

  • Total valid votes cast: 26,763,310
  • In favor: 26,765,782 votes (99.99%) from 75 members
  • Against: 528 votes (0.01%) from 7 members
  • Invalid votes: 20,010 votes from 1 member

Item No. 4: Increase Authorised Share Capital

  • Total votes cast: 26,786,320
  • In favor: 26,785,969 votes (99.99%) from 80 members
  • Against: 351 votes (0.01%) from 3 members
  • Invalid votes: 0

Item No. 5: Alteration to Articles Capital Clause

  • Total votes cast: 26,786,320
  • In favor: 26,785,969 votes (99.99%) from 80 members
  • Against: 351 votes (0.01%) from 3 members
  • Invalid votes: 0

Item No. 6: Amendment to Articles of Association

  • Total votes cast: 26,786,313
  • In favor: 26,520,469 votes (99%) from 73 members
  • Against: 265,844 votes (1%) from 9 members
  • Invalid votes: 0

Item No. 7: Appointment of Chairman Emeritus

  • Total votes cast: 26,786,320
  • In favor: 26,523,169 votes (99.01%) from 73 members
  • Against: 263,151 votes (0.99%) from 10 members
  • Invalid votes: 0

Item No. 8: Increase Borrowing Powers

  • Total votes cast: 26,786,320
  • In favor: 26,781,179 votes (99.92%) from 77 members
  • Against: 19,141 votes (0.08%) from 7 members
  • Invalid votes: 0

Scrutinizer's Role and Findings

V. Ramkumar, Company Secretary in Practice (COP: 3832), was appointed to scrutinize the e-voting process in a fair and transparent manner and ascertain requisite majority as per Section 108 of Companies Act, 2013, Rule 20(4)(xii) of Companies (Management and Administration) Rules, 2014, and SEBI LODR Regulations. The scrutinizer verified data downloaded from NSDL's e-voting website and confirmed all resolutions passed with requisite majority.

Compliance Confirmation

The voting process complied with Companies Act 2013, SEBI LODR Regulations 2015, and MCA circulars including May 5, 2020 circular and subsequent circulars (latest being 9/2023 dated September 25, 2023) and SEBI/HO/CFD/PoD/2/P/CIR/2023/167 dated October 7, 2023 permitting AGMs through VC/OVAM.

Additional Information

All electronic data and relevant records of voting will remain in the scrutinizer's safe custody until the Chairman considers, approves and signs the minutes of the 31st Annual General Meeting, after which they will be handed over to the Chairman/Company Secretary for safe keeping.