Meeting Details

  • Date of AGM: September 29, 2026
  • Type of Meeting: 65th Annual General Meeting
  • Time: 12:30 P.M. IST
  • Mode: Held through Video Conference or Other Audio Visual Means

Summary of Proposed Resolutions and Implications

The AGM considered four Ordinary Resolutions:

1. To receive, consider and adopt the audited Standalone Financial Statements for the financial year ended March 31, 2026.

2. To receive, consider and adopt the audited Consolidated Financial Statements for the financial year ended March 31, 2026.

3. Declaration of the Dividend for the financial year 2025-26.

4. Re-appointment of Mr. M. Vasudey Rao (DIN: 00042884), as a Director liable to retire by rotation.

All resolutions were passed with near-unanimous approval.

Voting Process and Methods

  • The company provided two methods for voting: Remote E-voting and Instapoll (through electronic means) during the meeting.
  • Remote E-voting Period: Thursday, September 24, 2026 (9:00 a.m. IST) to Monday, September 28, 2026 (5:00 p.m. IST).
  • The facility was provided by Kfin Technologies Limited (KFINTECH) on its website https://evoting.kfintech.com.
  • The cut-off date for determining members entitled to vote was Tuesday, September 22, 2026.
  • The scrutinizer unblocked the votes after the meeting in the presence of two witnesses not employed by the company.

Key Voting Outcomes

Overall Participation:

  • Total number of shareholders on record date: 40,476
  • Total votes cast (value): 34,925,090
  • Percentage of votes polled on outstanding shares: 70.4526%
  • Total votes in favor: 34,925,020
  • Total votes against: 70
  • Overall percentage in favor of votes polled: 99.9998%

Shareholder Category Breakdown:

  • Promoter and Promoter Group:
  • Votes cast: 33,622,171 (100.0000% of their holding)
  • Votes in favor: 33,622,171 (100.0000% of votes cast by them)
  • Votes against: 0
  • Public - Institutions:
  • Votes cast: 7,044 (0.2175% of their holding)
  • Votes in favor: 7,044 (100.0000% of votes cast by them)
  • Votes against: 0
  • Public - Non Institutions:
  • Votes cast: 1,295,875 (10.1925% of their holding, comprising 1,295,687 via e-voting and 188 via poll)
  • Votes in favor: 1,295,805 (99.9945% of votes cast by them)
  • Votes against: 70 (0.0055% of votes cast by them)

Note: Number of Votes Abstained - 82. These were not considered in the vote calculations.

Resolution-wise Results from Scrutinizer's Report (Annexure A):

All resolutions passed with 100% of valid votes cast in favor.

  • Item No. 1 (Standalone Financials): 34,925,020 valid votes; 70 against; 0.00% against.
  • Item No. 2 (Consolidated Financials): 34,925,021 valid votes; 69 against; 0.00% against.
  • Item No. 3 (Dividend): 34,925,022 valid votes; 68 against; 0.00% against.
  • Item No. 4 (Director Re-appointment): 34,925,004 valid votes; 86 against; 0.00% against.

Scrutinizer's Role and Findings

  • M/s. Ravi and Subramanyam, Company Secretaries, represented by A. Ravi Shankar (FCS No: 5335, C.P No: 4318), was appointed as the Scrutinizer.
  • The scrutinizer's responsibility was to scrutinize votes cast via remote e-voting and instapoll and report on votes 'in favor', 'against', 'invalid', or 'abstained'.
  • The scrutinizer relied on reports generated by Kfin Technologies and attendant documents provided by the company/KFINETECH.
  • The management of the company was responsible for ensuring compliance with the Companies Act, 2013, MCA Circulars, and SEBI LODR regulations regarding the voting process.
  • The scrutinizer concluded that all resolutions were passed and presented the detailed results in Annexure A of the report.

Compliance Confirmation

The disclosure and the processes followed are in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014.