Meeting Details

  • Date: Tuesday, 28th July 2026
  • Location: Conducted through Video Conferencing
  • Type: 9th Annual General Meeting (AGM)
  • Record Date: 22nd July 2026
  • Total Shareholders on Record Date: 24,459

Attendance Details

  • Promoters and Promoter Group attending through video conferencing: 3
  • Public shareholders attending through video conferencing: 95
  • Promoters and Promoter Group present in person or through proxy: 0
  • Public shareholders present in person or through proxy: 0

Proposed Resolutions and Implications

Four ordinary resolutions were considered at the meeting:

1. Adoption of Audited Financial Statements: Adoption of the Standalone & Consolidated Audited Financial Statements for the year ended 31st March 2026 and reports of the Board of Directors and Auditors.

2. Director Re-appointment: Re-appointment of Mr. R Anandakrishnan (DIN: 07806173) as Director, who retires by rotation.

3. Auditor Re-appointment: Re-appointment of M/s. Raghavan, Chaudhuri & Narayanan, Chartered Accountants, Bengaluru, as Statutory Auditors for a second term of five consecutive years commencing from the 9th Annual General Meeting.

4. Remuneration Ratification: Ratification of remuneration paid to C S Adawadkar & Co, Practicing Cost Accountants for the financial year ending 31st March 2027.

Voting Process and Methods

  • Remote e-voting period: Commenced on 25th July 2026 at 9:00 AM and ended on 27th July 2026 at 5:00 PM
  • E-voting platform provider: National Securities Depository Limited (NSDL)
  • Voting methods used: Remote e-voting and e-voting during the AGM through Video Conferencing/Other Audio-Visual Means
  • Additional voting period: 15 minutes after the close of the meeting for members who had not voted through remote e-voting
  • Scrutinizer: B Chandra, partner of B. Chandra & Associates, Practising Company Secretaries
  • Notice dispatch: Electronic notice dispatched to members with registered email IDs on 2nd July 2026
  • Public advertisements: Published in Business Standard (English) and Hindu Tamil (vernacular) on 5th June 2026 and 3rd July 2026

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 18,856,670 (85.5327% of outstanding shares)
  • Votes in favor: 18,856,269 (99.9979% of votes cast)
  • Votes against: 401 (0.0021% of votes cast)
  • Category breakdown:
  • Promoter & Promoter Group: 13,026,886 votes (100% in favor)
  • Public Institutions: 4,531,285 votes (100% in favor)
  • Public Non-Institutions: 1,298,499 votes (99.9691% in favor, 0.0309% against)

Resolution 2: Director Re-appointment

  • Total votes cast: 18,856,839 (85.5334% of outstanding shares)
  • Votes in favor: 18,856,438 (99.9979% of votes cast)
  • Votes against: 401 (0.0021% of votes cast)
  • Category breakdown:
  • Promoter & Promoter Group: 13,026,886 votes (100% in favor)
  • Public Institutions: 4,531,704 votes (100% in favor)
  • Public Non-Institutions: 1,298,249 votes (99.9691% in favor, 0.0309% against)

Resolution 3: Auditor Re-appointment

  • Total votes cast: 18,856,839 (85.5334% of outstanding shares)
  • Votes in favor: 16,265,401 (86.2573% of votes cast)
  • Votes against: 2,591,438 (13.7427% of votes cast)
  • Category breakdown:
  • Promoter & Promoter Group: 13,026,886 votes (100% in favor)
  • Public Institutions: 4,531,704 votes (42.8245% in favor, 57.1755% against)
  • Public Non-Institutions: 1,298,249 votes (99.9682% in favor, 0.0318% against)

Resolution 4: Remuneration Ratification

  • Total votes cast: 18,856,839 (85.5334% of outstanding shares)
  • Votes in favor: 18,856,305 (99.9972% of votes cast)
  • Votes against: 534 (0.0028% of votes cast)
  • Category breakdown:
  • Promoter & Promoter Group: 13,026,886 votes (100% in favor)
  • Public Institutions: 4,531,704 votes (100% in favor)
  • Public Non-Institutions: 1,298,249 votes (99.9589% in favor, 0.0411% against)

Scrutinizer's Role and Findings

B Chandra of B. Chandra & Associates was appointed as scrutinizer through a Board resolution dated 14th May 2026. The scrutinizer:

  • Supervised the remote e-voting process and e-voting during the AGM
  • Unblocked the list of shareholders who cast votes through remote e-voting in the presence of two witnesses on 28th July 2026
  • Verified corporate members' authorization documents (Board resolutions/Power of Attorney)
  • Recorded that one shareholder cast votes electronically during the meeting
  • Confirmed all resolutions were passed with requisite majority as ordinary resolutions
  • Maintained custody of all voting records until minutes are approved and signed

Compliance Confirmation

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulation 44)
  • Companies Act, 2013 (Sections 101, 108)
  • Companies (Management and Administration) Rules, 2014 (Rule 20)
  • Various SEBI circulars dated between April 2020 and September 2025 regarding e-voting and virtual meetings