Key Matters Approved:
1. Financial Results Approval: The Board approved the Unaudited Standalone and Consolidated Financial Results of the Company for the first quarter ended June 30, 2026. The Limited Review Reports of the Statutory Auditors on these results were also approved. These documents were attached to the filing but not included in the disclosure text.
2. Director Cessation: The Board noted the completion of the second consecutive term of Mr. Raghu Ravunni Palat (DIN: 00311994) as a Non-Executive Independent Director, effective August 8, 2026. The Board placed on record its appreciation for his valuable guidance and contributions during his 10-year association with the company.
Director Tenure Details:
- Mr. Palat was initially appointed on August 9, 2016, for a period of 5 years
- He was subsequently re-appointed for a second consecutive term of 5 years
- His tenure completed with effect from August 8, 2026
- Reason for cessation: Completion of term after two consecutive terms