Voting Process Details

  • Postal Ballot Notice Date: May 23, 2026
  • Cut-off Date for Shareholder Eligibility: Friday, May 15, 2026
  • Voting Period: Tuesday, May 26, 2026 at 9:00 AM IST to Wednesday, June 24, 2026 at 5:00 PM IST
  • Scrutinizer: Mr. Anmol Jha, Practicing Company Secretary (FCS No. 5962 / COP No. 6150) of Anmol Jha & Associates
  • Voting Platform: National Securities Depositories Limited (NSDL) remote e-voting facility
  • Total Shareholders on Record Date: 32,845

Resolution Results

Resolution 1: Special Resolution - Continuation of Directorship of Dr. Raja Mohan Rao Potluri

  • Director: Dr. Raja Mohan Rao Potluri (DIN: 00157346)
  • Position: Non-Executive, Non-Independent Director (Promoter Category)
  • Reason: Upon attaining the age of 75 years on July 15, 2026
  • Voting Results:
  • Votes in Favor: 13,706,764 (99.865% of valid votes)
  • Votes Against: 18,714 (0.135% of valid votes)
  • Invalid Votes: None
  • Outcome: Approved with requisite majority

Resolution 2: Special Resolution - Re-appointment of Ms. Lakshmi Potluri

  • Director: Ms. Lakshmi Potluri (DIN: 07382768)
  • Position: Independent Director
  • Term: Second term of five consecutive years from August 11, 2026 to August 10, 2031
  • Voting Results:
  • Votes in Favor: 13,776,195 (99.644% of valid votes)
  • Votes Against: 49,283 (0.356% of valid votes)
  • Invalid Votes: None
  • Outcome: Approved with requisite majority

Resolution 3: Ordinary Resolution - Renewal of Consultancy Services Agreement

  • Consultant: Mr. R. Ganapathi (DIN: 00103623), Non-Executive Director
  • Term: One year from February 20, 2026 to February 19, 2027
  • Consultancy Fee: ₹12,00,000 per annum (payable monthly) plus applicable taxes and expense reimbursements
  • Voting Results:
  • Votes in Favor: 13,776,098 (99.643% of valid votes)
  • Votes Against: 49,380 (0.357% of valid votes)
  • Invalid Votes: None
  • Outcome: Approved with requisite majority

Shareholder Voting Participation

  • Total Shares Outstanding: 30,785,736
  • Total Votes Polled: 13,825,478 shares (44.909% of outstanding shares)
  • Promoter & Promoter Group: Voted 100% of their 13,701,877 shares in favor of all resolutions
  • Public Institutions: Voted 30,231 of their 34,231 shares (88.315% participation), all against resolutions 2 and 3
  • Public Non-Institutions: Voted 93,370 of their 17,049,628 shares (0.548% participation)

Additional Documents Filed

  • Scrutinizer's Report dated June 24, 2026
  • Certified True Copies of all three resolutions as approved by members