Key Details

Annual General Meeting

  • Date: Thursday, September 17, 2026
  • Time: 11:30 AM IST
  • Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Record Date: Thursday, September 10, 2026
  • Book Closure: September 11, 2026 to September 17, 2026 (both days inclusive)

Business to be Transacted

Ordinary Business:

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

2. Declaration of final dividend of ₹2.00 per equity share of ₹10.00 each for FY 2025-26

3. Re-appointment of Mr. Ravi Janakiraman (DIN: 00042953) as Director retiring by rotation

4. Re-appointment of Mr. Chakkolath Ramachandran (DIN: 00050893) as Director retiring by rotation

Financial Performance Highlights (₹ in Lakhs)

| Particulars | 2025-26 | 2024-25 |

| Revenue from operations | 2,494.13 | 2,303.00 |

| Other income | 1,118.23 | 1,022.29 |

| Total revenue | 3,612.36 | 3,325.30 |

| Expenses | 1,057.90 | 1,035.41 |

| Profit before tax | 2,554.46 | 2,289.89 |

| Tax expense | 545.26 | 534.67 |

| Profit for the period | 2,009.21 | 1,755.22 |

| Earnings per share (₹) | 50.23 | 43.88 |

Dividend Information

  • Final Dividend Recommended: ₹2.00 per equity share (20%)
  • Total Dividend Amount: ₹76.00 lakhs
  • Payment: To shareholders on register as of September 10, 2026 (record date)
  • TDS Applicable: As per Income Tax Act, 1961 (10% for residents with PAN, 20% without PAN)

Share Capital

  • No change in share capital during FY 2025-26
  • Total equity shares: 4,000,007 of ₹10 each fully paid
  • Shareholding Pattern:
  • Promoters: 52.85% (21,13,861 shares)
  • Public: 47.15%
  • Dematerialized shares: 98.08% of total capital

Board and Committee Meetings

  • Board Meetings: 5 meetings held during FY 2025-26 (May 13, July 22, August 12, November 5, February 5)
  • Audit Committee: 4 meetings held
  • Attendance: Most directors attended all meetings; detailed attendance provided in corporate governance report

Changes in Directors and KMP

Appointments:

  • Mrs. A.R. Rajalakshmi (DIN: 09213839) as Non-Executive Director (November 5, 2025)
  • Ms. Swati S. Bajaj as Company Secretary & Compliance Officer (May 13, 2025)
  • Mrs. Duraisamy Indumathi as Chief Financial Officer (November 5, 2025)

Resignations:

  • Mr. Venkatesan Kumaresan as Non-Executive Non-Independent Director (October 10, 2025)
  • Mr. D. Srinivas Rao as CFO (November 5, 2025)

Cessation:

  • Mr. A.P Radhakrishnan as Non-Executive Independent Director due to demise (February 17, 2026)

Corporate Social Responsibility

  • CSR Obligation: ₹44.12 lakhs (2% of average net profit)
  • CSR Spending: ₹44.12 lakhs on education and healthcare initiatives
  • Key Beneficiaries: Annai Trust (₹10 lakhs), Madurai Corporation Breakfast Scheme (₹10 lakhs), Madurai Corporation Healthcare (₹22.98 lakhs), Cancer Institute (₹1.14 lakhs)

Statutory Appointments

  • Statutory Auditors: M/s. Selvam & Suku, Chennai (appointed until 36th AGM)
  • Secretarial Auditors: M/s. BP and Associates, Chennai
  • Internal Auditors: M/s. Ajay Kumar and Associates, Chennai
  • RTA: M/s. Cameo Corporate Services Limited, Chennai

Contingent Liabilities

1. Land Lease Deposit Interest Claim: ₹1,385.72 lakhs claimed by ELCOT for delayed payments from 2000-01 to October 2023

2. Service Tax Demand: ₹136.59 lakhs for period October 2015 to June 2017 (appeal pending with CESTAT)

Unpaid Dividend Transfer to IEPF

  • FY 2018-19 Dividend: ₹2,07,130.50 to be transferred to IEPF by September 13, 2026
  • Total Unpaid Dividend: ₹15,74,765.36 as of March 31, 2026 across multiple years

E-Voting Arrangements

  • Remote E-Voting Period: September 12, 2026 (9:00 AM) to September 16, 2026 (5:00 PM)
  • E-Voting Service Provider: CDSL
  • Scrutinizer: M/s. BP & Associates, Practicing Company Secretaries

Financial Position (as of March 31, 2026)

  • Net Worth: ₹17,558.05 lakhs
  • Total Assets: ₹19,561.40 lakhs
  • Current Ratio: 8.38:1
  • Return on Equity: 11.44%
  • Book Value per Share: ₹438.95