Jocil Limited

Meeting Details

The 48th Annual General Meeting was held on September 19, 2026, at 3:30 p.m. at the registered office of the Company located at E Box 216, Arundelpet P.O., Guntur-522 002, Andhra Pradesh, India. The meeting included video conference facilities for shareholder participation.

Proposed Resolutions and Implications

The AGM considered five resolutions:

1. Ordinary Resolution: Adoption of Audited Financial Statements, Directors Report, and Auditors Report for year ended March 31, 2026

2. Ordinary Resolution: Declaration of Dividend for Financial Year 2025-26

3. Ordinary Resolution: Re-appointment of Sri V.S. Raju (DIN: 00101405) as Director retiring by rotation

4. Ordinary Resolution: Ratification of Cost Auditor's Remuneration of Rs. 2,30,000 for audit of cost records for financial year ending March 31, 2027

5. Special Resolution: Re-appointment of Sri Jagarlamudi Murali Mohan (DIN: 00114341) as Managing Director for 3 years effective from February 16, 2027

6. Special Resolution: Continuation of Directorship of Sri V.S. Raju (DIN: 00101405) as Non-Executive, Non-Independent Director

Voting Process and Methods

The voting process utilized multiple methods:

  • Remote E-voting: Conducted through CDSL's platform (www.evotingindia.com) from September 16, 2026 (9:00 AM IST) to September 18, 2026 (5:00 PM IST)
  • Poll Voting: Conducted during the AGM on September 19, 2026
  • The cut-off date for determining voting eligibility was September 12, 2026

Key Voting Outcomes

Overall Participation:

  • Total outstanding shares: 8,881,150
  • Total votes cast: 4,894,807 shares (55.11% of outstanding shares)

Resolution-wise Results:

1. Adoption of Financial Statements:

  • Votes in favor: 4,894,805 (100.00% of votes cast)
  • Votes against: 2 (0.00% of votes cast)

2. Dividend Declaration:

  • Votes in favor: 4,894,805 (100.00% of votes cast)
  • Votes against: 2 (0.00% of votes cast)

3. Re-appointment of Sri V.S. Raju:

  • Votes in favor: 4,894,805 (100.00% of votes cast)
  • Votes against: 2 (0.00% of votes cast)

4. Cost Auditor Remuneration:

  • Votes in favor: 4,894,805 (100.00% of votes cast)
  • Votes against: 2 (0.00% of votes cast)

5. Re-appointment of Managing Director:

  • Votes in favor: 4,894,805 (100.00% of votes cast)
  • Votes against: 2 (0.00% of votes cast)

6. Continuation of Directorship:

  • Votes in favor: 4,894,805 (100.00% of votes cast)
  • Votes against: 2 (0.00% of votes cast)

Category-wise Breakdown:

  • Promoter & Promoter Group: 4,886,500 shares (100% voted in favor across all resolutions)
  • Public Institutions: 0 shares voted
  • Public Non-Institutions: 8,307 shares voted, with 99.98% in favor across resolutions
  • Total Public: 8,307 shares voted

Scrutinizer's Role and Findings

Nekkanti S.R.V.V.S. Narayana of M/s. Nekkanti S.R.V.V.S. Narayana & Co., Company Secretaries, was appointed as Scrutinizer to conduct the remote e-voting process and scrutinize voting at the AGM. The scrutinizer confirmed:

  • Proper notice was sent to members through electronic mode and courier
  • The e-voting facility was provided through CDSL
  • Voting period complied with regulatory requirements
  • All votes were properly scrutinized and counted
  • No invalid votes were recorded in the e-voting process

The scrutinizer's report provided detailed breakdown of votes cast through e-voting versus poll:

  • E-voting: 3,250 shares in favor, 2 shares against across all resolutions
  • Poll: 4,891,555 shares in favor, 0 shares against across all resolutions

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended)
  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • All regulatory requirements for e-voting and polling processes

Additional Information

  • Jocil Limited is an ISO 9001:2015 certified company
  • The company is a subsidiary of The Andhra Sugars Limited
  • The scrutinizer's UDIN: F007157H001540150
  • The company's total outstanding shares: 8,881,150
  • Promoter & Promoter Group holdings: 4,886,500 shares (55.00%)
  • Public holdings: 3,994,650 shares (45.00%)