Board Meeting Details

The Board Meeting commenced at 12:00 Noon and concluded at 04:30 p.m. on July 31, 2026.

Key Outcomes Approved

1. Financial Results

  • Approved unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026
  • Results were reviewed and recommended by the Audit Committee
  • Noted the Limited Review Report of Statutory Auditors, M/s. ASKM & Co., Chartered Accountants, on the financial results

2. Registered Office Shift

  • Approved shifting of registered office from Survey No. 321, Turkala Khanapur Village, Hathnoora Mandal, Sangareddy District, Telangana - 502296, India to 204, Second Floor, Ashoka Capital, Road No. 2, Banjara Hills, Hyderabad - 500034, Telangana, India
  • Shift is outside local limits and subject to shareholder approval in upcoming AGM
  • Rationale: To carry on business more economically and efficiently with better operational convenience, and to facilitate better coordination with majority public shareholders based in Hyderabad

3. Annual General Meeting

  • Fixed the 19th Annual General Meeting (AGM) on Saturday, September 05, 2026 at 11:30 a.m. (IST)
  • Approved draft Notice of 19th AGM
  • Approved draft Board's Report together with annexures for FY 2025-26
  • Register of Members and Share Transfer Books will remain closed from Tuesday, September 01, 2026 to Saturday, September 05, 2026 (both days inclusive)
  • Record date: Monday, August 31, 2026 for taking record of Members for the 19th AGM
  • Appointed Mr. Y Ravi Prasada Reddy, Proprietor of RPR & Associates, Practicing Company Secretaries as scrutinizer for the 19th AGM

4. Fundraising - Rights Issue

  • Approved raising funds not exceeding ₹15079 Lakhs (₹150.79 crore) through rights issue
  • Issuance of partly paid-up equity shares of face value ₹1 each to eligible equity shareholders (under public category)
  • Purpose: To achieve minimum public shareholding as on record date (to be determined subsequently)
  • Subject to receipt of applicable regulatory and statutory approvals
  • Specific terms including issue price, rights entitlement ratio, record date, timing, and payment terms to be determined by Management Committee of the Board
  • Detailed procedure will be specified in the letter of offer to eligible shareholders

Trading Window Status

The trading window will continue to remain closed and will open 48 hours after publication of results for the quarter and year ended June 30, 2026.

Financial Impact

  • Rights issue amount: Up to ₹150.79 crore
  • Financial impact of registered office shift not quantified in the disclosure
  • Impact of Q1 FY27 financial results not quantified in this disclosure