Meeting Details

The 79th AGM of VTM Limited was held on Friday, 31st July 2026 at 04:45 PM through Video Conference in compliance with the Companies Act, 2013 and MCA circulars.

Attendance

Directors Present:

  • Sri K. Thiagarajan - Chairman and Managing Director (Bengaluru)
  • Smt Uma Karman - Director (Madurai)
  • Sri M Anbukani - Independent Director, Chairman of Audit Committee (Madurai)
  • Sri T N Ramanathan - Independent Director, Chairman of Relationship Stakeholders Committee (Chennai)
  • Ganesh Sri Anathakrishnan - Independent Director, Chairman of Remuneration and Nomination Committee (Chennai)
  • Sri V Kasinathan - Director (Madurai)

Senior Executives Present:

  • Mr P Senthil Kumar - Chief Financial Officer
  • Ms K Preyatharshine - Company Secretary

38 members/representatives of Corporate Members attended through Video Conference.

Proceedings Summary

The meeting was chaired by Mr. K Thiagarajan, Chairman and Managing Director. The requisite quorum was present.

Chairman's Address:

The Chairman welcomed shareholders and introduced the Directors and Senior Management. He stated that despite geopolitical uncertainties, global macroeconomic headwinds and conflicts, the company achieved marginal growth in turnover with lower profit margins for the year.

Managing Director's Presentation:

The Managing Director briefed shareholders about:

  • Company operations
  • Growth plans
  • Future outlook
  • Financial and operational results for the year 2025-26
  • Domestic and world economic situation
  • Impact of geo-political developments on the economy

Shareholder Q&A Session:

13 shareholders registered as speakers and raised various queries pertaining to:

  • Company's operations
  • Financial performance
  • Future plans of the Company

The Chairman and Managing Director replied to all queries and provided clarifications.

Resolutions Presented:

The Company Secretary, Smt K Preyatharshine, explained the resolutions before the meeting:

Ordinary Business:

1. Adoption of Financial Statements of the Company for the financial year ended 31.03.2026 and the Reports of the Board of Directors and the Auditors thereon.

2. Reappointment of Mr. V Kasinathan (DIN: 10308450), Director liable to retire by rotation.

Special Business:

3. Cost Auditors - Ratification of Remuneration for FY2026-2027

Voting Process:

The Company Secretary informed that members who could not avail the remote e-voting facility could vote through instapoll at the end of the meeting. The instapoll remained open for 15 minutes after the meeting.

Results Declaration:

The combined results of remote e-voting and instapoll will be declared within 2 working days from the closure of the instapoll and shall be placed on the websites of the Company and BSE Ltd.

Meeting Duration:

The meeting commenced at 04:45 PM and closed at 05:50 PM.