Meeting Details

  • Date: Saturday, September 26, 2026
  • Time: 4:00 PM to 5:00 PM (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type: 21st Annual General Meeting

Proposed Resolutions and Implications

The meeting transacted six items of business as stated in the notice dated August 12, 2026:

Ordinary Business

1. Consideration and adoption of:

  • Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Statutory Auditors
  • Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of Statutory Auditors (Ordinary Resolution)

2. Declaration of dividend for financial year ending March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Sri H Gurunath Reddy who retires by rotation (Ordinary Resolution)

Special Business

4. Ratification of remuneration of Cost Auditor for financial year ending March 31, 2027 (Ordinary Resolution)

5. Appointment of Sri Kasturi Phaneendra Rao as Non-Executive Independent Director for first term of 5 consecutive years (Special Resolution)

6. Approval of Material related party transactions with M/s TGV SRAAC Limited (Ordinary Resolution)

Voting Process and Methods

  • Remote e-voting facility was provided through Central Depository Services (India) Limited (CDSL) system
  • Remote e-voting period: September 23, 2026 to September 25, 2026
  • E-voting facility was also made available during the AGM for members who had not cast votes earlier
  • E-voting remained open for 15 minutes after meeting conclusion for members who hadn't voted remotely
  • The requirement of appointing proxies was not applicable except for authorized representatives of corporate shareholders

Attendance and Participation

  • Total members attended: 62 members including representatives of corporate bodies
  • Directors present:
  • Sri H Gurunath Reddy (Non-Executive Director)
  • Sri Satyam Gadwal (Non-Executive Director)
  • Sri Kamma Edlapalli Krishna (Independent Director)
  • Smt R Triveni (Independent Director)
  • Sri K Phaneendra Rao (Independent Director - Chairman of Audit and Nomination & Remuneration Committee, Stakeholders Relationship Committee)

Other Attendees

  • Smt V Surekha (Company Secretary)
  • Sri Ifthekhar Ahmed (Chief Financial Officer)
  • Sri M T Sreenivasa Rao (Statutory Auditor & Tax Auditor - S T Mohite & Co.)
  • Sri M Nirmal Kumar Reddy (Internal Auditor)
  • Smt. Geeta Serwani (Secretarial Auditor)
  • Smt. M Sridevi (Scrutinizer - Practicing Company Secretary)
  • Sri T. Santhosh Kumar (Cost Auditor)

Scrutinizer Appointment and Reporting

  • Smt. M Sridevi, Practicing Company Secretary from MNM & Associates was appointed as Scrutinizer
  • Scrutinizer responsible for scrutinizing remote e-voting and voting during the meeting
  • Combined voting results to be announced within 2 working days from meeting conclusion
  • Results and Scrutinizer's report to be submitted to Stock Exchanges and placed on company website

Compliance with Regulations

The meeting was conducted in compliance with:

  • Companies Act, 2013
  • Circulars issued by Ministry of Corporate Affairs (MCA)
  • Securities and Exchange Board of India (SEBI) regulations
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015