Meeting Details
- Type of Meeting: 67th Annual General Meeting (AGM)
- Date of Meeting: July 1, 2026
- Meeting Time: 10:00 AM to 10:33 AM
- Record Date: June 24, 2026
- Total Shareholders on Record Date: 28,566
- Meeting Format: Video Conferencing/Other Audio Visual Means (VC/OAVM)
Proposed Resolutions and Outcomes
Six resolutions were considered and all were approved:
Resolution 1: Ordinary Business - Ordinary Resolution
- Description: To adopt the Audited Financial Statements for the financial year ended March 31, 2026 along with the Report of the Board of Directors and Auditor's thereon
- Result: Passed
- Total Votes Cast: 17,745,654 shares
- Votes in Favor: 17,745,652 shares (99.99%)
- Votes Against: 2 shares (0.01%)
Resolution 2: Ordinary Business - Ordinary Resolution
- Description: To declare final dividend and confirm interim dividend for the financial year 2025-26
- Result: Passed
- Total Votes Cast: 17,745,654 shares
- Votes in Favor: 17,745,652 shares (99.99%)
- Votes Against: 2 shares (0.01%)
Resolution 3: Ordinary Business - Special Resolution
- Description: To appoint Mr. S Viji (DIN: 00139043), Director retiring by rotation, being eligible for re-election
- Result: Passed
- Total Votes Cast: 17,745,654 shares
- Votes in Favor: 17,732,246 shares (99.92%)
- Votes Against: 13,408 shares (0.08%)
Resolution 4: Special Business - Ordinary Resolution
- Description: To ratify the remuneration payable to Cost Auditor of the Company for the financial year ending March 31, 2027
- Result: Passed
- Total Votes Cast: 17,745,654 shares
- Votes in Favor: 17,745,627 shares (99.99%)
- Votes Against: 27 shares (0.01%)
Resolution 5: Special Business - Special Resolution
- Description: Adoption of New Set of Articles of Association in conformity with the Companies Act, 2013
- Result: Passed
- Total Votes Cast: 17,745,654 shares
- Votes in Favor: 17,599,776 shares (99.18%)
- Votes Against: 145,878 shares (0.82%)
Resolution 6: Special Business - Ordinary Resolution
- Description: To approve appointment of Mr. Harsha Viji (DIN: 00602484) as Non-Executive Non-Independent Director of the Company
- Result: Passed
- Total Votes Cast: 17,745,654 shares
- Votes in Favor: 17,745,637 shares (99.99%)
- Votes Against: 17 shares (0.01%)
Voting Process and Participation
- Voting Methods: E-voting exclusively (no physical polling or postal ballot)
- Total Outstanding Shares: 24,433,012
- Total Votes Cast: 17,745,654 shares (72.63% participation)
- Shareholder Attendance: 90 shareholders attended via video conferencing (3 Promoters, 87 Public)
- No shareholders attended in person or through proxy
Category-wise Voting Breakdown
Promoter and Promoter Group
- Shares Held: 14,246,536
- Votes Polled: 14,246,536 (100% participation)
- Unanimous support for all resolutions (100% in favor)
Public Institutions
- Shares Held: 2,181,717
- Votes Polled: 1,540,308 (70.60% participation)
- Showed significant opposition to Resolution 5 (Articles of Association) with 145,869 against votes (9.47%)
Public Non-Institutions
- Shares Held: 8,004,759
- Votes Polled: 1,958,810 (24.47% participation)
- Minimal opposition across resolutions, with highest against votes on Resolution 5 (9 shares against)
Scrutinizer Details
- Name: Ramanathan Nachiappan
- Firm: M/s. S Dhanapal & Associates LLP, Practising Company Secretaries
- Qualification: CS
- Membership Number: F6665
- Appointment Date: May 15, 2026
- Report Issuance Date: July 2, 2026
Scrutinizer's Findings
- Confirmed compliance with Companies Act, 2013 and relevant rules regarding e-voting process
- Verified that voting rights were proportional to shareholding as of record date (June 24, 2026)
- Reported no invalid votes for any of the six resolutions
- Validated all voting results and confirmed all resolutions were passed
Compliance Confirmation
- The company confirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The scrutinizer confirmed compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014
Additional Information
- The document was submitted to both National Stock Exchange of India Limited and BSE Limited on July 2, 2026