Meeting Details

  • Meeting Type: Postal Ballot (no physical meeting conducted)
  • Cut-off Date for Shareholder Eligibility: May 22, 2026
  • Dispatch Date of Postal Ballot Notice: May 25, 2026
  • Advertisement Published: Financial Express (English) and Makkal Kural (Tamil) on May 26, 2026

Proposed Resolution and Implications

The single special resolution proposed was:

  • Change in designation of Mr. Amitabh Jaipuria (DIN: 01864871) from Non-Executive Director to Senior Executive Director and his appointment as Whole-time Director and Key Managerial Personnel.

Voting Process and Methods

  • Voting Method: Remote e-voting exclusively through NSDL platform
  • E-voting Period: May 27, 2026 (09:00 AM IST) to June 25, 2026 (05:00 PM IST)
  • Voting Facility Provider: National Securities Depository Limited (NSDL)
  • Platform: www.evoting.nsdl.com
  • Scrutinizer: D Saravanan, Practicing Company Secretary (COP No.22608) and Designated Partner of Alagar & Associates LLP (Firm Registration No. L2025TN019200)

Key Voting Outcomes

Overall Results

  • Total Shareholders Voting: 195
  • Total Shares Voted: 50,087,330 (74.8094% of total outstanding shares)
  • Votes in Favor: 49,971,087 shares (99.7679% of votes cast)
  • Votes Against: 116,243 shares (0.2321% of votes cast)

Category-wise Breakdown

Promoter and Promoter Group
  • Shares Held: 39,563,155
  • Shares Voted: 39,563,155 (100% turnout)
  • Votes in Favor: 39,563,155 (100%)
  • Votes Against: 0 (0%)
Public Institutions
  • Shares Held: 10,732,153
  • Shares Voted: 9,381,952 (87.4191% turnout)
  • Votes in Favor: 9,364,812 (99.8173% of votes cast)
  • Votes Against: 17,140 (0.1827% of votes cast)
Public Non-Institutions
  • Shares Held: 16,657,933
  • Shares Voted: 1,142,223 (6.8569% turnout)
  • Votes in Favor: 1,043,120 (91.3237% of votes cast)
  • Votes Against: 99,103 (8.6763% of votes cast)

Scrutinizer's Role and Findings

D Saravanan was appointed as Scrutinizer to scrutinize the postal ballot process. The scrutinizer:

  • Verified the dispatch of postal ballot notice via email to all members as of May 22, 2026 cut-off date
  • Confirmed advertisement publication in Financial Express and Makkal Kural on May 26, 2026
  • Monitored the e-voting process through NSDL platform
  • Downloaded results from NSDL platform after voting concluded
  • Maintained electronic voting records in accordance with Companies (Management and Administration) Rules, 2014
  • Certified that the resolution was passed with requisite majority

Compliance with Laws and Regulations

The process complied with:

  • Section 108 and 110 of Companies Act, 2013
  • Rule 20 and Rule 22 of Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
  • MCA Circulars: No. 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • SEBI Circular No. CIR/CFD/CMD/8/2015 dated November 4, 2015

Additional Information

  • Total Shareholders as on Record Date: 49,112
  • The electronic voting data and records remain in the scrutinizer's safe custody until the Chairperson approves and signs the minutes, after which they will be handed over to the Company Secretary for safekeeping.
  • Company CIN: L74140TN2003PLC051955
  • Company Registered Office: 1st Floor, No.42, Gandhi Mandapam Road, Kotturpuram, Chennai - 600085