AGM Details

The 39th Annual General Meeting was held on Wednesday, August 26, 2026 at 11:00 AM (IST) through Video Conference/Other Audio Visual Means (OAVM). The deemed venue was the Registered Office of the Company at 31, Sarojini Devi Road, Secunderabad-500003, Telangana.

Shareholder Participation

  • Total number of shareholders on record date (August 19, 2026): 15,509
  • Shareholders present through Video Conferencing: 75 (all public shareholders)
  • No promoters or promoter group members attended the meeting

Voting Process and Timeline

  • Remote e-voting conducted through KFin Technologies Limited from August 22, 2026 (9:00 AM IST) to August 25, 2026 (5:00 PM IST)
  • Electronic voting facility was also available during the AGM for members who had not participated in remote e-voting
  • Scrutinizer: B V Saravana Kumar, Partner, M/s. Tumuluru & Company, Company Secretaries
  • Vote unblocking witnessed by Mr. K Naresh and Mr. G Yadagiri (non-employees) on August 25, 2026 at 5:12 PM

Resolution Voting Results

Resolution 1: Adoption of Financial Statements

  • Ordinary Resolution to receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY 2025-26
  • Total votes polled: 2,94,42,072 shares (78.1022% of outstanding shares)
  • Votes in favor: 2,94,42,019 shares (99.9998% of votes polled)
  • Votes against: 53 shares (0.0002% of votes polled)
  • 128 members voted in favor, 14 members voted against

Resolution 2: Reappointment of Mr. Ramit Bharti Mittal (DIN: 01228624)

  • Ordinary Resolution to appoint director retiring by rotation
  • Total votes polled: 2,94,42,072 shares (78.1022% of outstanding shares)
  • Votes in favor: 2,94,42,019 shares (99.9998% of votes polled)
  • Votes against: 53 shares (0.0002% of votes polled)
  • Promoter group: 100% votes in favor (1,65,47,595 shares)
  • Public institutions: 100% votes in favor (30,74,598 shares)
  • Public non-institutions: 99.9995% votes in favor (98,19,826 of 98,19,879 shares)

Resolution 3: Reappointment of Mr. Nitish Bajaj (DIN: 10835891)

  • Ordinary Resolution to appoint director retiring by rotation
  • Total votes polled: 2,94,42,072 shares (78.1022% of outstanding shares)
  • Votes in favor: 2,94,41,103 shares (99.9967% of votes polled)
  • Votes against: 969 shares (0.0033% of votes polled)
  • Promoter group: 100% votes in favor (1,65,47,595 shares)
  • Public institutions: 100% votes in favor (30,74,598 shares)
  • Public non-institutions: 99.9901% votes in favor (98,18,910 of 98,19,879 shares)

Resolution 4: Ratification of Cost Auditors' Remuneration for FY 2026-27

  • Ordinary Resolution to ratify remuneration payable to Cost Auditors
  • Total votes polled: 2,94,42,072 shares (78.1022% of outstanding shares)
  • Votes in favor: 2,94,41,103 shares (99.9967% of votes polled)
  • Votes against: 969 shares (0.0033% of votes polled)
  • Promoter group: 100% votes in favor (1,65,47,595 shares)
  • Public institutions: 100% votes in favor (30,74,598 shares)
  • Public non-institutions: 99.9901% votes in favor (98,18,910 of 98,19,879 shares)

Shareholding Structure

  • Total outstanding shares: 3,76,96,853
  • Promoter and Promoter Group: 1,65,47,595 shares (43.95%)
  • Public Institutions: 33,52,013 shares (8.90%)
  • Public Non-Institutions: 1,77,97,245 shares (47.15%)

Voting Participation by Category

  • Promoter and Promoter Group: 100% participation (1,65,47,595 shares voted)
  • Public Institutions: 91.7239% participation (30,74,598 of 33,52,013 shares voted)
  • Public Non-Institutions: 55.1764% participation (98,19,879 of 1,77,97,245 shares voted)

Scrutinizer Report Details

  • B V Saravana Kumar submitted the scrutinizer's report dated August 26, 2026
  • 144 members cast votes through remote e-voting
  • 15 members cast votes electronically at the AGM
  • All resolutions passed with requisite majority
  • Soft copy of member voting details emailed to the company

Communication Details

  • Notice of AGM sent via email to 13,655 members on July 31, 2026
  • Physical letters sent to 1,736 members without registered email addresses
  • Additional emails sent to 463 members who became shareholders post cut-off date
  • Advertisements published in Business Standard (English) and Telugu Prabha (vernacular) on July 31, 2026