Key Decisions and Approvals
The Board of Directors meeting commenced at 11:30 AM and concluded at 1:20 PM on August 4, 2026. The following decisions were taken:
- Approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review report issued by the Statutory Auditors.
- Approved and fixed September 30, 2026 as the date for the 42nd Annual General Meeting (AGM) of the Company for FY 2025-26. September 23, 2026 was set as the cut-off date to determine shareholder eligibility to vote on proposed resolutions and participate in the AGM.
- Approved the re-appointment of Sri Sandeep Vuyyuru Ramesh (DIN: 02692185) as Managing Director for a term of three years, effective from August 12, 2026 to August 11, 2029. This appointment is subject to shareholder approval at the ensuing Annual General Meeting.
- Approved the appointment of a Cost Auditor for the Company for FY 2026-27.
- Approved the inclusion of the appointment of M/s M. Bhaskara Rao & Co., Chartered Accountants (Firm Registration No. 000459S) as the new Statutory Auditors of the Company in the AGM agenda. The proposal seeks member approval for the firm to hold office for a term of five consecutive years (FY 2026-2027 to 2030-2031), from the conclusion of the 42nd AGM until the conclusion of the 47th AGM.
- Approved the Directors' Report.