Meeting Details

  • Type of Meeting: Postal Ballot through remote e-voting
  • Record Date: June 5, 2026
  • Voting Period: June 12, 2026 (9:00 AM IST) to July 11, 2026 (5:00 PM IST)
  • Date of Conclusion: July 11, 2026 (deemed date of passing resolutions)
  • Scrutinizer Report Received: July 13, 2026 at 16:01 Hrs

Proposed Resolutions and Implications

The postal ballot contained two resolutions for shareholder approval:

1. Special Resolution: Re-appointment of Mr. V.A. George (DIN: 01493737) as Whole-time Director designated as Executive Chairman

2. Ordinary Resolution: Re-appointment of Mr. Manoj Joseph (DIN: 00434579) as Managing Director

The Board had approved conducting this postal ballot at their meeting held on May 27, 2026, in compliance with Sections 108 and 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, SEBI LODR Regulations, and multiple MCA circulars issued between 2020-2025.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting via Central Depository Services (India) Limited (CDSL). No physical polling or postal ballot options were provided. The company dispatched the notice via email to all shareholders registered with the company/RTA or depository participants as of the cut-off date, with dispatch completed on June 8, 2026. Newspaper advertisements were published in Business Standard (English) and Makkal Kural (Tamil) on June 9, 2026.

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 8,164
  • Total outstanding shares: 10,847,454
  • Total votes polled: 6,632,002 shares (61.1388% of outstanding shares)
  • Number of shareholders who voted: 46

Resolution 1: Re-appointment of V.A. George as Executive Chairman (Special Resolution)

  • Total votes in favor: 6,631,963 shares (99.9994% of votes polled)
  • Total votes against: 39 shares (0.0006% of votes polled)
  • Invalid votes: 0

Category-wise Breakdown:

  • Promoter & Promoter Group: 5,811,320 votes (100% in favor, 0 against)
  • Public Institutions: 61,442 votes (100% in favor, 0 against)
  • Public Non-Institutions: 759,201 votes in favor, 39 votes against (99.9949% in favor)

Resolution 2: Re-appointment of Manoj Joseph as Managing Director (Ordinary Resolution)

Note: Mr. Manoj Joseph and his relatives falling under promoter and promoter group were interested in this resolution.

  • Total votes in favor: 6,631,983 shares (99.9997% of votes polled)
  • Total votes against: 19 shares (0.0003% of votes polled)
  • Invalid votes: 0

Category-wise Breakdown:

  • Promoter & Promoter Group: 5,811,320 votes (100% in favor, 0 against)
  • Public Institutions: 61,442 votes (100% in favor, 0 against)
  • Public Non-Institutions: 759,221 votes in favor, 19 votes against (99.9975% in favor)

Scrutinizer's Role and Findings

Ms. Sindhuja Porselvam (Membership No. ACS: 44831, COP: 23622), Practising Company Secretary of Porselvam and Associates, was appointed as Scrutinizer by the Board on May 27, 2026. Her responsibilities included scrutinizing the remote e-voting process and reporting the results.

The scrutinizer verified that:

  • The company provided e-voting facility exclusively through CDSL
  • Voting was available to shareholders registered as of June 5, 2026 cut-off date
  • Votes were unblocked on July 11, 2026 in the presence of two independent witnesses (Mr. Vasantha Kumar A and Mr. G. Ramkishore)
  • The voting system was robust and secure
  • Both resolutions were approved with requisite majority

The scrutinizer submitted her report to the Chairman on July 13, 2026.

Compliance with Laws and Regulations

The company confirmed compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and relevant rules
  • Secretarial Standard on General Meetings (SS-2)
  • Multiple MCA Circulars issued between 2020-2025 governing remote e-voting procedures