Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Meeting Details
- Date: Friday, 25th September, 2026
- Time: 12:00 noon (IST)
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Type: 36th Annual General Meeting
- Record Date: 18th September, 2026
Proposed Resolutions and Implications
Two ordinary resolutions were proposed and passed:
1. Item No. 1: Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 along with the Audited Consolidated Financial Statements for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon
2. Item No. 2: Re-appointment of Mr. Mahesh Narayanaswamy (DIN: 01449684) as a Director on retirement by rotation
Voting Process and Methods
The voting was conducted in accordance with:
- Sections 96, 108, 109 and other applicable provisions of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended)
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standard on General Meetings (SS-2)
- Relevant MCA Circulars
Voting Methods:
- Remote e-voting period: September 22, 2026 (9:00 AM IST) to September 24, 2026 (5:00 PM IST)
- E-voting facility during AGM for shareholders who hadn't voted remotely
- Voting services provided by Central Depository Services (India) Limited (CDSL)
Key Voting Outcomes
Overall Participation:
- Total shareholders on record date: 20,485
- Shareholders attended through VC: 44 (30 Promoters, 14 Public)
- Total votes cast: 13,291,393 shares (72.019% of outstanding shares)
Resolution 1 - Financial Statements Adoption:
- Total votes in favor: 13,290,425 (99.9927%)
- Votes against: 968 (0.0073%)
- Category-wise Breakdown:
- Promoter & Promoter Group: 13,284,443 votes (100% in favor)
- Public Institutions: 1,463 votes (100% in favor)
- Public Non-Institutions: 5,487 votes (82.3583% in favor, 17.6417% against)
Resolution 2 - Director Re-appointment:
- Total votes in favor: 13,288,937 (99.9848%)
- Votes against: 2,016 (0.0152%)
- Category-wise Breakdown:
- Promoter & Promoter Group: 13,284,443 votes (100% in favor)
- Public Institutions: 1,463 votes (100% in favor)
- Public Non-Institutions: 5,487 votes (63.2586% in favor, 36.7414% against)
Invalid Votes: Zero invalid votes across all categories for both resolutions
Scrutinizer's Role and Findings
Scrutinizer: Mr. M D Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, Company Secretaries, Coimbatore
Key Responsibilities:
- Scrutinizing remote e-voting and e-voting at AGM
- Ensuring fair and transparent voting process
- Ascertaining requisite majority
- Maintaining registers with necessary entries
Process: Votes were unblocked on September 25, 2026 at 12:47 PM IST in the presence of two witnesses (Ms. Abarna T and Ms. Sujitha R) not employed by the company.
Findings: Both resolutions passed with requisite majority as detailed in the voting results.
Compliance Confirmation
The meeting and voting process complied with:
- Companies Act, 2013 and relevant Rules
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standard on General Meetings (SS-2)
- Relevant MCA Circulars
- No proxies were appointed as the meeting was conducted through VC/OAVM
Additional Information
- Notice of AGM dated August 7, 2026 was sent electronically by MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Company website also hosted the AGM notice
- Physical shareholders without registered email received web link to access annual report details
- E-voting facility remained open for 15 minutes after meeting conclusion