Meeting Details

  • Date: Wednesday, 30th September 2026
  • Time: 03:00 P.M. (IST)
  • Location: Registered office at 1924A/196, Banashankari Badavane, Near NH-4 Bypass, Davangere, Karnataka, India-577005
  • Type: Annual General Meeting
  • Cut-off Date: Wednesday, 23rd September 2026 for determining voting eligibility

Proposed Resolutions and Implications

Ordinary Business:

  • Resolution 1: To receive, consider and adopt the Audited Financial Statements as at 31st March, 2026 and the reports of the Board of Directors and Auditors thereon
  • Resolution 2: To appoint a Director in place of Mrs. Amrutha (DIN: 07774973) who retires by rotation and being eligible, offers herself for re-appointment

Special Business:

  • Resolution 3: Ratification of remuneration payable to Cost Auditors of the Company
  • Resolution 4: Ratification/Approval of Related Party Transactions
  • Resolution 5: Increase in the Authorised share capital of the company and alteration in the Capital clause of the memorandum of association of the company

Voting Process and Methods

  • Remote e-voting period: Commenced from Sunday, 27th September 2026 (9:00 A.M.) to Tuesday, 29th September 2026 (5:00 P.M. IST)
  • E-voting provider: NSDL
  • Physical polling: Conducted at the AGM for members present in person and through proxy who had not voted through e-voting
  • Scrutinizer: Roshan Raikar & Associates, represented by CS Roshan R Raikar (Membership Number F10814, COP Number 12146)

Key Voting Outcomes

  • Total members present physically: 32 members
  • Quorum requirement: Not less than 30 members personally present (quorum was achieved)
  • Results declaration: To be declared on or before 5th October 2026
  • Results will be intimated to stock exchanges within 2 working days from conclusion of AGM and posted on Company's website

Scrutinizer's Role and Findings

Mr. Roshan R Raikar was appointed to act as scrutinizer for conducting the e-voting and poll process in a fair and transparent manner and to submit his report. The ballot box from physical polling was handed over to the scrutinizer at the meeting.

Compliance with Laws and Regulations

The meeting was conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administrative) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • SEBI relaxation for not sending physical copies of annual report to shareholders

Attendees

Board Members Present:

  • Mr. Gowdara Timmappa Govindappa (Non-Executive - Independent Director)
  • Mr. Akshay Vijay Raichurkar (Chairman of Audit Committee)
  • Mrs. Amruta Ashok Tarale (Chairman of Nomination & Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee)
  • Mr. Udayshivakumar (Managing Director)

Key Managerial Personnel:

  • Mr. Sheetalkumar Mohanrao Kodachawad (Chief Financial Officer)
  • Mrs. Sneha Prashant Sawant (Company Secretary & Compliance officer)

Auditors:

  • Vinita D Modak, Practicing Company Secretary (Secretarial Auditor)
  • NBT & CO. (Statutory Auditors - granted leave of absence)

Additional Business Information

During the meeting, the Managing Director Mr. Udayshivakumar presented on the company's business prospects, including entering into hybrid annuity method (HAM) projects.

Meeting Conclusion

The proceedings of the 7th AGM were declared closed at 04:00 P.M. on September 30, 2026.