Meeting Details

The 26th Annual General Meeting was held on Friday, August 14, 2026, from 11:00 AM to 11:45 AM through Video Conferencing/Other Audio-Visual Means. The meeting was conducted in compliance with MCA General Circular No. 3/2025 dated September 22, 2025 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024.

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Ordinary Resolution: Adoption of Audited Financial Statements for the financial year ended March 31, 2026

2. Ordinary Resolution: Appointment of Mr. Balachandran Krishnan (DIN: 00080055) as a Director liable to retire by rotation

3. Special Resolution: Re-appointment of Mr. Balachandran Krishnan (DIN: 00080055) as a Whole Time Director of the Company

4. Special Resolution: Re-appointment of Ms. Deepta Rangarajan (DIN: 00404072) as Whole Time Director of the Company

Promoters and promoter groups were interested in resolutions 2, 3, and 4 but not in resolution 1.

Voting Process and Methods

The voting was conducted through two methods:

  • Remote e-voting prior to the AGM: Commenced on Tuesday, August 11, 2026, at 09:00 AM and ended on Thursday, August 13, 2026, at 5:00 PM
  • E-voting during the AGM: Conducted for members present through VC/OAVM who could not participate in remote e-voting

The e-voting facility was provided by National Securities Depository Limited (NSDL). The cut-off date for determining voting eligibility was Saturday, August 8, 2026.

Key Voting Outcomes

Overall Participation:

  • Total number of shareholders on record date: 10,552
  • Shareholders attended through video conferencing: 63 (2 Promoters + 61 Public)
  • Total votes cast across all resolutions: 8,026,154
  • Percentage of votes polled on outstanding shares: 39.0221%

Resolution-wise Results:

Resolution 1 - Adoption of Financial Statements (Ordinary):

  • Total votes: 8,026,154
  • Votes in favor: 8,026,124 (99.9996%)
  • Votes against: 30 (0.0004%)
  • Passed: Yes

Resolution 2 - Appointment of Balachandran Krishnan (Ordinary):

  • Total votes: 8,026,154
  • Votes in favor: 8,026,124 (99.9996%)
  • Votes against: 30 (0.0004%)
  • Passed: Yes

Resolution 3 - Re-appointment of Balachandran Krishnan (Special):

  • Total votes: 8,026,154
  • Votes in favor: 8,026,124 (99.9996%)
  • Votes against: 30 (0.0004%)
  • Passed: Yes

Resolution 4 - Re-appointment of Deepta Rangarajan (Special):

  • Total votes: 8,026,154
  • Votes in favor: 8,026,124 (99.9996%)
  • Votes against: 30 (0.0004%)
  • Passed: Yes

Category-wise Breakdown:

Promoter and Promoter Group (7,123,520 shares):

  • 100% participation through remote e-voting
  • 100% votes in favor on all resolutions
  • 0 votes against on all resolutions

Public Institutions (2,367,568 shares):

  • 1.7066% participation (40,406 votes)
  • 100% votes in favor on all resolutions
  • 0 votes against on all resolutions

Public Non-Institutions (11,077,159 shares):

  • 7.7838% participation (862,228 votes)
  • 99.9965% votes in favor (862,198 votes)
  • 0.0035% votes against (30 votes)

Scrutinizer's Role and Findings

Ms. Priti Sheth of M/s. Priti J. Sheth & Associates, Company Secretaries (Membership No. FCS6833) was appointed as Scrutinizer on May 15, 2026. Her responsibilities included ensuring a fair and transparent voting process and submitting a consolidated scrutinizer's report.

The votes were unblocked on August 14, 2026, at 12:14 PM in the presence of two independent witnesses. The scrutinizer confirmed that all resolutions were passed with requisite majority and that all voting records are under her safe custody until the Chairman approves and signs the meeting minutes.

Compliance Confirmation

The AGM was conducted in compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Relevant MCA and SEBI circulars regarding virtual meetings