Meeting Details

  • Date of Meeting: Tuesday, September 29, 2026
  • Time of Meeting: 11:00 AM to 11:50 AM
  • Type of Meeting: Annual General Meeting (AGM)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Record Date: September 22, 2026

Proposed Resolutions and Implications

The AGM considered nine resolutions covering ordinary and special business:

Ordinary Business (Ordinary Resolutions):

1. Adoption of audited standalone financial statements for FY ended March 31, 2026

2. Adoption of audited consolidated financial statements for FY ended March 31, 2026

3. Confirmation of first interim dividend of ₹4.00 (80%) per share and second interim dividend of ₹3.50 (70%) per share, and declaration of final dividend of ₹1.50 (30%) per equity share (face value ₹5) for FY 2025-26

4. Re-appointment of Dr. Harikrishnan S (DIN: 10221559) as director retiring by rotation

5. Authorization to Board to fix remuneration of auditors appointed by C&AG for FY 2026-27

Special Business (Ordinary Resolutions):

6. Appointment of Shri Mukesh Mangal ITS (DIN: 10460089) as Part-time Official (Nominee) Director

7. Appointment of Smt. Anupama T. V. IAS (DIN: 06932600) as Part-time Official (Nominee) Director

9. Ratification of remuneration of ₹2,00,000 per annum plus applicable taxes to Cost Auditors, M/s. BBS & Associates for FY 2026-27

Special Business (Special Resolution):

8. Appointment of Dr. Vani Ahluwalia (DIN: 11754971) as Non-official (Independent) Director

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: Available from Saturday, September 26, 2026 at 9:00 AM to Monday, September 28, 2026 at 5:00 PM
  • E-voting during meeting: Facilitated for members present through VC/OAVM who had not voted remotely
  • Service Provider: Central Depository Services (India) Limited (CDSL)
  • Registrar and Share Transfer Agent: MUFG Intime India Private Limited, Coimbatore

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 973,577
  • Shareholders attending through VC: 66 (1 Promoter + 65 Public)
  • Total votes cast: 200,389,577 shares (76.17% of total shares)

Resolution-wise Results:

Resolution 1 (Standalone Financials)

  • Total votes: 200,389,577 shares
  • In favor: 193,746,704 shares (96.69%)
  • Against: 6,642,873 shares (3.31%)

Resolution 2 (Consolidated Financials)

  • Total votes: 200,389,577 shares
  • In favor: 193,746,684 shares (96.69%)
  • Against: 6,642,893 shares (3.31%)

Resolution 3 (Dividend)

  • Total votes: 200,393,416 shares
  • In favor: 197,164,724 shares (98.39%)
  • Against: 3,228,692 shares (1.61%)

Resolution 4 (Director Re-appointment)

  • Total votes: 200,393,416 shares
  • In favor: 191,387,012 shares (95.51%)
  • Against: 9,006,404 shares (4.49%)

Resolution 5 (Auditor Remuneration)

  • Total votes: 200,393,416 shares
  • In favor: 200,390,307 shares (100.00%)
  • Against: 3,109 shares (0.00%)

Resolution 6 (Nominee Director Appointment)

  • Total votes: 200,393,414 shares
  • In favor: 184,925,581 shares (92.28%)
  • Against: 15,467,833 shares (7.72%)

Resolution 7 (Nominee Director Appointment)

  • Total votes: 200,393,414 shares
  • In favor: 187,682,509 shares (93.66%)
  • Against: 12,710,905 shares (6.34%)

Resolution 8 (Independent Director Appointment - Special Resolution)

  • Total votes: 200,393,416 shares
  • In favor: 188,383,307 shares (94.01%)
  • Against: 12,010,109 shares (5.99%)

Resolution 9 (Cost Auditor Remuneration)

  • Total votes: 200,393,416 shares
  • In favor: 200,389,703 shares (100.00%)
  • Against: 3,713 shares (0.00%)

Category-wise Voting Breakdown:

The document provides detailed breakdown by promoter, institutional, and non-institutional categories for each resolution, showing near-unanimous promoter support and varying institutional approval for director appointments.

Scrutinizer's Role and Findings

  • Name: Sreekumar P. S., Company Secretary
  • Firm: SVJS & Associates
  • Qualification: CS
  • Membership Number: 8130
  • Appointment Date: May 15, 2026
  • Report Date: September 30, 2026

The scrutinizer unblocked the votes on September 29, 2026 at 12:45 PM and confirmed that all resolutions were passed with requisite majorities as specified under the Companies Act, 2013.

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014