Meeting Details

  • Meeting Type: 33rd Annual General Meeting (AGM)
  • Date: Wednesday, July 29, 2026
  • Time: Commenced at 3:31 PM (IST), concluded at 4:33 PM (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)

Attendance

  • Members Present: 117 members attended the meeting
  • Directors & Key Managerial Personnel Present:
  • Ms. Kiran Mazumdar-Shaw (Executive Chairperson)
  • Mr. Siddharth Mittal (Managing Director and Chief Executive Officer)
  • Prof. Catherine Rosenberg (Non-Executive Director, Chairperson - Corporate Social Responsibility Committee)
  • Ms. Vinita Bali (Non-Executive Director)
  • Dr. Kush Parmar (Independent Director)
  • Ms. Sharmila Abhay Karve (Lead Independent Director, Chairperson - Audit Committee)
  • Mr. Nilanjan Roy (Independent Director, Chairman - Risk Management Committee and Stakeholders Relationship and ESG Committee)
  • Ms. Manja Boerman (Independent Director, Chairperson - Science & Technology Committee)
  • Mr. Sanjaya Singh (Independent Director)
  • Mr. Suresh Narayanan (Independent Director, Chairperson - Nomination & Remuneration Committee)
  • Dr. Vijaya Chandru (Proposed Independent Director)
  • Dr. Arun Chandavarkar (Proposed Independent Director)
  • Mr. Deepak Jain (Chief Financial Officer)
  • Mr. Chethan Yogesh (Company Secretary and Compliance Officer)
  • By Invitation:
  • Mr. G Prakash (Partner, B S R & Co. LLP, Chartered Accountants, Statutory Auditors - Outgoing Auditor)
  • Mr. Ankit Mittal (Partner, S.R. Batliboi & Associates LLP, Chartered Accountants, Statutory Auditors - Incoming Auditor)
  • Mr. Pradeep B Kulkarni (Partner, V Sreedharan & Associates, Practicing Company Secretaries, Secretarial Auditors and Scrutinizer for e-voting)

Proposed Resolutions and Implications

The meeting considered nine resolutions for shareholder approval:

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors

2. Declaration of final dividend of ₹1.25 per equity share for FY2025-26

3. Appointment of Professor Catherine Rosenberg (DIN: 06422834) as director liable to retire by rotation

4. Appointment of M/S S.R. Batliboi & Associates LLP, Chartered Accountants (ICAI Firm Registration Number: 101049W/E300004) as Statutory Auditors

Special Business:

5. Approval of payment of remuneration to directors in case of absence/inadequate profits in excess of limits prescribed under Companies Act, 2013

6. Appointment of Mr. Siddharth Mittal (DIN: 03230757) as Managing Director and Chief Executive Officer and approval of his remuneration

7. Appointment of Dr. Vijaya Chandru (DIN: 00914988) as Independent Director

8. Appointment of Dr. Arun Chandavarkar (DIN: 01596180) as Independent Director

9. Appointment of Ms. Vinita Bali (DIN: 00032940) as Non-Executive Director

Voting Process and Methods

The Company provided multiple voting facilities in compliance with Companies Act, 2013 and SEBI Listing Regulations:

  • Remote e-voting: Available to all members as of cut-off date Wednesday, July 22, 2026, from Friday, July 24, 2026 (9:00 am IST) to Tuesday, July 28, 2026 (5:00 pm IST)
  • Instapoll facility: Available during the meeting for members who had not participated in remote e-voting
  • The Scrutinizer for e-voting was Mr. Pradeep B Kulkarni, Partner of V Sreedharan & Associates

Voting Outcomes and Scrutinizer's Role

The Scrutinizer's Report along with consolidated report of voting will be submitted to Stock Exchanges (BSE Limited and National Stock Exchange of India Limited) within two working days of conclusion of the meeting. The report will also be available on websites of the Company, stock exchanges, and KFin Technologies Limited (Company's Registrar & Share Transfer Agent) in the prescribed format under SEBI Listing Regulations.

Compliance Confirmation

The meeting was conducted in accordance with circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. The Company confirmed compliance with provisions of Companies Act, 2013 and SEBI Listing Regulations regarding:

  • Remote e-voting facilities
  • Instapoll voting during meeting
  • Availability of statutory registers and documents for shareholder inspection upon request
  • Submission of voting results to stock exchanges

Additional Information

The Chairperson briefed members on the Company's operational performance for financial year ended March 31, 2026. All agenda items were taken up and member queries were addressed during the meeting. The Instapoll e-voting facility remained available for 15 minutes from conclusion of the AGM.