V.S.T. Tillers Tractors Limited conducted its 58th Annual General Meeting on Wednesday, September 23, 2026, at 11:00 am through Video Conferencing/Other Audio-Visual Means. The deemed venue was the Registered Office of the Company at Plot No.1, Dyavasandra Industrial Layout, Whitefield Road, Mahadevapura Post, Bengaluru-560048, Karnataka.
The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI. Mr. Chinmaya Khatua, Company Secretary, welcomed members and briefed them on meeting participation instructions. Mr. Arun V. Surendra, Chairman, chaired the meeting with requisite quorum present.
Dr. Nandakumar Jairam, Independent Director, was unable to attend due to unavoidable circumstances. The Notice convening the AGM and Auditors' Reports were taken as read, with no qualifications, observations, or adverse remarks in the Statutory Auditors and Secretarial Auditors' Reports.
All agenda items were put to vote through remote e-voting with no proposing and seconding of resolutions during the meeting. The following businesses from the Notice of AGM dated August 13, 2026 were transacted:
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Reports of Auditors
3. Declaration of final dividend of ₹25 per equity share for FY ended March 31, 2026
4. Appointment of director in place of Mr. V.V. Pravindra (DIN: 00239888) who retires by rotation under Section 152(6) of Companies Act, 2013
5. Appointment of M/s. Brahmayya & Co, Chartered Accountants (Firm Registration No. 000515S) as Statutory Auditors
Special Business:
6. Ratification of remuneration of Cost Auditors for FY ending March 31, 2027
7. Appointment of Mrs. Shuba Kumar (DIN: 02081919) as an Independent Director
Members who had not voted through remote e-voting were provided opportunity to vote electronically during the AGM. Mr. Prasanna Bedi (M. No: FCS 11711 & CP No: 17457), Practicing Company Secretaries, acted as Scrutinizer to supervise both remote e-voting and e-voting during the AGM.
The Chairman addressed members and responded to shareholder queries. The consolidated results of remote e-voting and e-voting during the AGM along with the scrutinizer's report will be announced within two working days of meeting conclusion and intimated to Stock Exchanges and uploaded on the company website and CDSL.
The meeting concluded with a vote of thanks at 11:45 am after e-voting continued for 15 minutes post the main proceedings. The disclosure is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.