Meeting Details

The 16th Annual General Meeting was held on Monday, September 14, 2026, commencing at 11:00 AM and concluding at 11:40 AM. The meeting was conducted in physical mode at Ground Floor, Shop No. 7, Maheswari Chambers, Somajiguda, Near Errammanzil Metro Station, Hyderabad – 500082. A total of 6 members attended the meeting either in person, through authorized representative, or through proxy.

Meeting Proceedings

Mr. Chandaka Janardhanrao chaired the meeting and was assisted by Mr. Mahavir Kumar Jain, Company Secretary. The Chairman welcomed members and confirmed that quorum was present. The meeting began with a briefing on the company's financial and operational performance during FY 2025-26. The notice of the 16th AGM was taken as read with members' permission.

The Chairman stated that the Reports of the Statutory Auditors and Secretarial Auditor for the financial year ended March 31, 2026 did not contain any qualifications, observations or comments that might have an adverse effect on the company's functioning.

Members were invited to provide suggestions, comments, and raise queries on the company's financial performance and businesses. Some members gave suggestions, paid compliments, and raised queries, which were responded to by the Chairman. No adverse remarks were voiced against any resolutions.

Voting Arrangements

Remote e-voting was available from Thursday, September 10, 2026 (9:00 AM) until Sunday, September 13, 2026 (5:00 PM). Ballot voting facilities were provided at the AGM venue for members who had not cast votes remotely. Mr. Jigarkumar Gandhi, Practicing Company Secretary (Membership No. F7569), was appointed as Scrutinizer to scrutinize both remote e-voting and ballot voting.

Resolutions Proposed

The following resolutions from the AGM notice were proposed and seconded by members:

1. Ordinary Resolution: Board's Report & Auditor's Report thereon

2. Ordinary Resolution: To appoint Mr. Chandaka Janardhanrao (DIN: 07959789) in place of himself as he retires by rotation and offers himself for re-appointment as Additional Executive Director designated as Whole Time Director

3. Ordinary Resolution: Appointment of M/S. TRAK & Associates (Firm Registration No. 017290S), Chartered Accountants, as Statutory Auditors for first term of five consecutive years

4. Special Resolution: Regularization of Mr. Divaker Nandanam (DIN: 07547321) as Non-Executive Independent Director

5. Special Resolution: Regularization of Ms. Sheeza Abbas (DIN: 11888437) as Non-Executive Independent Director

6. Special Resolution: Regularization of Mr. Ramakrishna Avadhanam (DIN: 11888440) as Whole Time Director

7. Special Resolution: Re-appointment of Mr. Chandaka Janardhanrao (DIN: 07959789) as Whole Time Director

8. Special Resolution: Raising of funds through issue of 600 senior, secured, unrated, unlisted, redeemable series A non-convertible debentures aggregating up to ₹30,00,00,000 (Indian Rupees Thirty Crores) on private placement basis and creation of security for said debentures

9. Special Resolution: Alteration in Object Clause of Memorandum of Association

10. Special Resolution: Approval for Raising of Capital through permissible methods

Conclusion and Next Steps

The meeting concluded at 11:40 AM. The Chairman authorized the Company Secretary to carry out the voting process and declare results. Voting results were to be made available on the company website and BSE Limited within 2 working days from meeting conclusion. The Scrutinizer's Report was to be received within two working days after the meeting.