Book Closure Details

  • Book Closure Period: 17th June, 2026 to 23rd June, 2026 (both days inclusive)
  • Purpose: To ascertain the list of shareholders eligible for the proposed Final Dividend for FY 2025-26 and to ascertain shareholders eligible for e-voting at the ensuing AGM.

Dividend Declaration

  • Type: Final Dividend
  • Amount: Rs. 1.00 per share (10%)
  • Face Value: Rs. 10 per share
  • Financial Year: FY 2025-26
  • Subject to Shareholder Approval: Yes (at ensuing AGM)
  • Record Date: Not explicitly disclosed (book closure period serves this purpose)
  • Date of Board Meeting: 25th May, 2026
  • AGM Date: 24th June, 2026 (for shareholder approval)
  • Previous Interim Dividends: The notice confirms three interim dividends of 10% each (Re. 1 per share) declared on 22nd August 2025, 5th December 2025, and 26th February 2026, which are also subject to confirmation at the AGM.

Board Meeting Highlights

  • The Board meeting was held on 25th May 2026, commencing at 11:15 AM and concluding at 12:45 PM.
  • Approved the draft notice for the 32nd Annual General Meeting (AGM).
  • Authorized management (Sri. Satish Kumar Arya and Sri. K. Satyanarayana) to obtain registration for the company in the EGR Segment of NSE and as a Market Maker in exchanges where it holds membership.

Appointments / Reappointments

  • Director Appointment: Sri. Nunna Satya Kumar (DIN: 11697244) was appointed as an Independent Director for a period of five years, subject to shareholder approval at the AGM. His profile indicates over three decades of experience in trading and capital market activities, with qualifications including M.Com and pursued Chartered Accountancy (Final).
  • Director Re-appointment: Smt. G. V. Vandana (DIN: 07548398), who retires by rotation, is proposed for re-appointment as a Director, subject to shareholder approval at the AGM.
  • Auditor Ratification: Noted the change in constitution of the statutory auditor firm from M/s. Rao & Kumar, Chartered Accountants, to M/s. Rao & Kumar LLP, Chartered Accountants (with no change in partners). The appointment of M/s. Rao & Kumar LLP for FY 2026-27 is proposed for ratification by shareholders at the AGM.

AGM Details

  • The 32nd Annual General Meeting (AGM) is scheduled for 24th June 2026 at 11:45 AM at the Registered Office in Visakhapatnam.
  • The cut-off date for e-voting (benpos date) is 22nd May 2026.
  • The remote e-voting period is from 9:00 AM on 21st June 2026 to 5:00 PM on 23rd June 2026, facilitated by Bigshare Services Pvt. Ltd.
  • Scrutinizers appointed for the voting process are Sri. Surendra Kuchipudi (Practicing Company Secretary, CP No.12732) and, failing him, Sri. Satyanarayana. A (Practicing Company Secretary, CP No.2354).

Other Announcements

  • The company supports the Green Initiative and urges shareholders to opt for electronic communication.
  • Members are advised to dematerialize their shareholdings, as transfer requests for physical securities will not be processed effective from April 1, 2019, except for transmission or transposition.
  • Members are requested to register their PAN, bank account details, email IDs, and mobile numbers with the Registrar & Share Transfer Agent (Bigshare Services Pvt. Ltd) or their Depository Participants.
  • Unclaimed dividends remaining unpaid for seven years will be transferred to the Investor Education and Protection Fund (IEPF).