Meeting Details

  • Meeting Type: 38th Annual General Meeting (AGM)
  • Date: Thursday, September 24, 2026
  • Time: 11:30 AM
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)

Attendees

  • Chairman: Mr. K. Chandran, Whole-time Director
  • Other Directors Present: Mr. Mohan Kumar Rayana (Whole-time Director), Dr. Anupama Vaidya (Independent Director), Mr. Mridul S. Mehta (Independent Director), Mr. P.V. Shankar Dass (Independent Director), and Mr. Manojkumar K. Gursahani (Independent Director)
  • Other Attendees: All Key Managerial Personnel, the Statutory Auditor, and the Secretarial Auditor were also present.
  • The meeting had a requisite quorum.

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Resolution: Adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the Reports of Directors and Auditors.

2. Ordinary Resolution: Re-appointment of Mr. K. Chandran (DIN: 0005868) as a Director liable to retire by rotation.

3. Ordinary Resolution: Ratification of remuneration payable to M/s. ABK & Associates, Cost Accountants (Firm Registration No. 000036), as Cost Auditor for the financial year 2026-2027.

4. Special Resolution: Re-appointment of Mr. Mohan Kumar Rayana (DIN: 07878975) as a Whole-time Director and his continuation in that role beyond the age of 70 years.

Voting Process

  • The company provided a remote e-voting facility to members for all resolutions, as mandated by the Companies Act, 2013, SEBI LODR Regulations, 2015, and Secretarial Standard - 2 (SS-2).
  • Ms. Kala Agarwal, a Practicing Company Secretary, was appointed as the Scrutinizer to conduct the remote e-voting and e-voting process in a fair and transparent manner.

Key Voting Outcomes

  • The Scrutinizer submitted a report on the combined result of remote e-voting and e-voting.
  • All four resolutions set forth in the notice were passed by the shareholders with the requisite majority.
  • The voting results were to be made available on the company's website within 48 hours of the meeting's conclusion.

Scrutinizer's Role and Conclusion

Ms. Kala Agarwal was appointed to oversee the voting process. Her report confirmed that the voting was conducted fairly and transparently and that all resolutions were passed.

Compliance

The disclosure confirms that the meeting was conducted in compliance with the Companies Act, 2013, its rules, the SEBI (LODR) Regulations, 2015, and Secretarial Standard - 2.

Other Information

  • Member queries raised during the meeting were responded to their satisfaction.
  • The meeting began at 11:30 AM and concluded at 12:35 PM.