Nature of Disclosure: Notice of the 33rd Annual General Meeting and explanatory statement pursuant to Section 102 of the Companies Act, 2013.
Meeting Details: The 33rd Annual General Meeting will be held on Friday, August 28, 2026 at 11.00 A.M. IST via two-way video conferencing facility or other audio visual means.
Ordinary Business Agenda:
1. To receive, consider and adopt the Audited Standalone Financial Statements for FY 2025-26 with Reports of Board of Directors and Auditors
2. To receive, consider and adopt the Audited Consolidated Financial Statements for FY 2025-26 with Report of Auditors
3. To declare final dividend of ₹0.30 per equity share of ₹2 each (15%) for FY 2025-26
4. To appoint a Director in place of Mrs. Ch. Manjula (DIN: 01546339) who retires by rotation
5. To approve appointment of M/s M. Anandam & Co Chartered Accountants as Statutory Auditors for first term of five years
Special Business Agenda:
6. To approve re-appointment of Mr. Nagabhushan Bhagwati (DIN: 01564347) as Independent Director for second term of four years (August 28, 2026 to August 27, 2030)
7. To ratify payment of remuneration of ₹1.05 Lakhs per annum plus applicable taxes to M/s. Sagar & Associates as Cost Auditors for FY 2026-27
Financial Details:
- Record Date for dividend entitlement: Friday, August 21, 2026
- Dividend payment to be made within 30 days from AGM date if approved
- Proposed statutory auditor remuneration: ₹21.25 lakhs (₹19 lakhs for statutory audit + ₹2.25 lakhs for tax audit) for FY27
- Previous statutory auditor remuneration: ₹19.20 lakhs (₹18 lakhs statutory + ₹1.20 lakhs tax) for previous year
- Cost auditor remuneration: ₹1.05 Lakhs per annum for FY27
Voting Procedures:
- Remote e-voting period: August 25, 2026 (9:00 AM) to August 27, 2026 (5:00 PM)
- E-voting during AGM available for 15 minutes after meeting conclusion
- Scrutinizer: M/s. L.D.Reddy & Co., Company Secretaries, Hyderabad
Shareholder Information:
- Members can join AGM 15 minutes before or after commencement
- Facility available for first 1000 members on first-come basis (exceptions for large shareholders, promoters, etc.)
- Quorum will be counted based on VC/OAVM attendance
- Mandatory electronic dividend payment effective November 18, 2025
- Unclaimed dividend transfer dates to IEPF provided for FY2018-19 to FY2024-25
Director Information:
- Mrs. Ch. Manjula holds 81,93,228 equity shares (12.17%)
- Mr. Nagabhushan Bhagwati holds 200 equity shares (0.00%)
- Mrs. Ch. Manjula, Mr. Ch. Krishna Murthy and Mr. Ch. Siddartha are relatives as defined under Section 2(77)
Regulatory References:
- Companies Act, 2013 Sections 102, 108, 139, 142, 148, 149, 150, 152
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA General Circulars 14/2020, 17/2020, 20/2020, 03/2025
- SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026
Additional Information:
- No shares remaining unclaimed in suspense account
- Members must update PAN, bank details, and contact information with DP/RTA
- Dividend taxation applicable as per Finance Act 2020 with higher 20% TDS if PAN not registered