Meeting Details

The 10th Annual General Meeting was held on Friday, August 28, 2026, at 11:00 AM through Video Conference (VC)/Other Audio Visual Means (OAVM).

Proposed Resolutions and Implications

Five resolutions were proposed and approved:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements (including consolidated financial statements) for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. To appoint Mr. Mani Puttan (DIN: 08042129) as Director who retires by rotation

Special Business:

3. To approve raising funds through Qualified Institutions Placement

4. To grant Loans, give Guarantees, and/or provide Security to any bodies corporate/person(s) and Investments in any bodies corporate in excess of limits under Section 186 of Companies Act, 2013

5. To grant approval to advance any Loan/give Guarantee/provide Security under Section 185 of Companies Act, 2013

The promoter/promoter group was not interested in any agenda/resolution.

Voting Process and Methods

Voting was conducted through:

  • Remote e-voting: Open for three days from August 25, 2026 (9:00 AM IST) to August 27, 2026 (5:00 PM IST)
  • E-voting at AGM: Available for 15 minutes during the meeting for shareholders present through VC/OAVM

The e-voting facility was provided by KFin Technologies Limited. The cut-off date for determining voting eligibility was August 21, 2026.

Key Voting Outcomes

Overall Participation:

  • Total shareholders on record date: 73,379
  • Total members who voted: 154 (118 via remote e-voting + 36 via e-voting at AGM)
  • Total votes cast: 4,29,45,787 shares (84.37% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements):

  • Total votes in favor: 4,29,45,740 (100.00% of votes polled)
  • Votes against: 47 (0.00%)
  • Invalid votes: 0
  • Votes abstained: 183

Resolution 2 (Ordinary - Director Re-appointment):

  • Total votes in favor: 4,29,45,455 (99.9992% of votes polled)
  • Votes against: 332 (0.0008%)
  • Invalid votes: 0
  • Votes abstained: 183

Resolution 3 (Special - QIP Fundraising):

  • Total votes in favor: 4,29,43,210 (99.9994% of votes polled)
  • Votes against: 2,577 (0.0006%)
  • Invalid votes: 0
  • Votes abstained: 183

Resolution 4 (Special - Section 186):

  • Total votes in favor: 4,26,03,922 (99.7290% of votes polled)
  • Votes against: 1,15,749 (0.2710%)
  • Invalid votes: 0
  • Votes abstained: 183

Resolution 5 (Special - Section 185):

  • Total votes in favor: 4,26,04,218 (99.7297% of votes polled)
  • Votes against: 1,15,453 (0.2703%)
  • Invalid votes: 0
  • Votes abstained: 183

Category-wise Breakdown:

  • Promoter and Promoter Group: 100% voted in favor on all resolutions (4,05,91,887 shares)
  • Public-Institutions: 74.81-82.81% participation, predominantly in favor
  • Public-Non Institutions: 0.10-0.15% participation, predominantly in favor

Scrutinizer's Role and Findings

Kalaivani S, Practising Company Secretary (FCS No.: 22158, CP No.: 57112), was appointed as Scrutinizer. Her responsibilities included ensuring fair and transparent voting process and preparing the scrutinizer's report.

The scrutinizer confirmed:

  • 120 members voted through remote e-voting
  • 38 members voted through e-voting at AGM
  • All resolutions passed with requisite majority
  • Voting records are in her safe custody and will be handed over to the Chairman or Company Secretary

Compliance Confirmation

The meeting was conducted in compliance with:

  • Sections 108 & 109 of Companies Act, 2013
  • Rules 20 & 21 of Companies (Management & Administration) Rules, 2014
  • Regulation 44 of SEBI (LODR) Regulations, 2015
  • MCA Circulars: General Circular No. 03/2025, 09/2024, 09/2023, 19/2021, 14/2020, 17/2020, 10/2021, 3/2022, and 11/2022

Additional Information

The company is taking steps to host the voting results on the websites of the Company and KFin Technologies Limited as required under Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014.