Meeting Details
The 8th Annual General Meeting will be held on Friday, August 28, 2026 at 4:00 PM (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM). The deemed venue is the Registered Office of the Company at RNS2, Nissan Supplier Park SIPCOT Industrial Park, Oragadam Industrial Corridor, Sriperumbudur Taluk, Kancheepuram, Tamil Nadu 602 105, India.
Proposed Resolutions and Implications
Ordinary Business
1. Adoption of audited standalone financial statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors.
2. Adoption of audited consolidated financial statements for the financial year ended March 31, 2026, together with Reports of Auditors.
3. Re-appointment of Mr. Prakash Mahesh (DIN: 11095815) as Non-Executive Non-Independent Director, liable to retire by rotation.
4. Re-appointment of Mr. Nathan Patrick Bowen (DIN: 11095741) as Non-Executive Non-Independent Director, liable to retire by rotation.
Special Business
5. Appointment of Secretarial Auditors: M/s. RPA & Partners, Practicing Company Secretaries (FRN: P2024DE099400), appointed for a term of three consecutive years from FY 2026-27 to FY 2028-29 at a remuneration of INR 3.5 Lakh plus taxes for FY 2026-27, subject to a maximum of INR 7.00 Lakh per financial year thereafter.
6. Revision in remuneration of Mr. Arvind Chandrasekharan (DIN: 08721916), Whole Time Director and CEO, effective April 1, 2026, until January 31, 2028. Key changes include:
- Basic Salary: ~INR 260 Lakh per annum (not to exceed INR 390 Lakh)
- Allowances: INR 190 Lakh per annum (not to exceed INR 285 Lakh)
- Education Fees Assistance: Up to INR 65 Lakh per annum for two children
- Performance Linked Incentive: Target of 50% of Total Gross Cost to Company (payout 0-210% of target)
- Long-Term Incentive Plan: Target value INR 250 Lakh per annum (not exceeding 70% of Fixed Salary)
7. Appointment of Mr. Noah Jesse Falk (DIN: 11665788) as Non-Executive Non-Independent Director, liable to retire by rotation.
Voting Process and Methods
The voting will be conducted through electronic means via CDSL.
- Remote e-voting period: Begins Tuesday, August 25, 2026 at 09:00 AM IST and ends Thursday, August 27, 2026 at 05:00 PM IST.
- E-voting during AGM: Facility will be activated 30 minutes before the meeting and remain active until 15 minutes after closure.
- Cut-off date: August 21, 2026 (members registered as of this date are eligible to vote).
- Scrutinizer: Mr. Nitesh Latwal of PI & Associates (failing him Mr. Ajay Khandelwal) appointed to conduct the e-voting process.
Key Voting Outcomes and Participation
Results will be announced within two working days of the AGM conclusion and submitted to NSE and BSE. The scrutinizer's report will be available on the company website and CDSL's platform. The document does not contain specific voting results as this is a notice for the upcoming meeting.
Compliance with Laws and Regulations
The notice confirms compliance with:
- SEBI (LODR) Regulations, 2015
- Companies Act, 2013
- MCA General Circular No. 14/2020 and subsequent circulars
- SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024
- All resolutions are proposed as Ordinary Resolutions unless specified otherwise.
Additional Information
- The Annual Report is dispatched electronically, with physical copies available on request.
- Members must update KYC details, particularly those holding physical shares, to avoid service restrictions.
- The company encourages dematerialization of shares and provides guidance through RTA and depository websites.
- An Online Dispute Resolution (ODR) portal is available for unresolved grievances per SEBI circular dated December 28, 2023.
- Members can register as speakers for the AGM by August 21, 2026, and submit questions in advance.