Scrutinizer Report Summary

Key Quantitative Figures

  • Total Members: 29,524 (27,652 members notified via email)
  • Cut-Off Date: Friday, 29th May 2025
  • E-voting Period: From 9:00 AM (IST) on Saturday, 06th June 2026 to 5:00 PM (IST) on Sunday, 05th July 2026
  • Total Ballots Received: 151
  • Total Votes Cast: 5,88,23,049 shares
  • Invalid Ballots: 6 ballots representing 3,37,554 shares
  • Valid Ballots: 145 ballots representing 5,84,85,495 shares
  • Votes in Favor: 135 ballots representing 5,84,85,043 shares (99.9992% of valid votes)
  • Votes Against: 10 ballots representing 452 shares (0.0008% of valid votes)

Dates of Action

  • Scrutinizer Appointment: 27 May 2026
  • Postal Ballot Notice Date: 27 May 2026
  • E-voting Notification Sent: Friday, 05th June 2026
  • Advertisement Published: 06th June 2026 in Financial Express (English) and Makkal Kural (Tamil)
  • Corrigendum Published: 08th June 2026
  • E-voting Period: 06 June 2026 to 05 July 2026
  • Result Finalization: 06 July 2026

Parties Involved

  • Scrutinizer: K. Srinivasan, Practicing Chartered Accountant and Partner of M.S. JAGANNATHAN & N. KRISHNASWAMI, Chartered Accountants
  • E-voting Agency: Central Depository Services (India) Limited (CDSL)
  • Company Secretary & Legal Head: S. E Hamurugasundaram
  • Director Subject to Resolution: Shri Ajay Bhaskar Baliga (DIN: 0030743)

Resolution Details

The special resolution sought re-appointment of Shri Ajay Bhaskar Baliga as Non-Executive Independent Director for a second term of 5 consecutive years from 27th July 2026 to 25th July 2031. The resolution was based on recommendations of the Nomination and Remuneration Committee and the Board of Directors.

Voting Process Details

  • E-Voting Serial Number: 260601006 (allocated by CDSL)
  • Equity shares lying in IEPF and Unclaimed Suspense Account were excluded from voting
  • Voting details were recorded in a separate register maintained by the scrutinizer in electronic form
  • The scrutinization was conducted in the presence of two witnesses not employed by the company

Result Declaration

The special resolution was passed with requisite majority on the conclusion of the postal ballot as on 5th July 2026.