Meeting Details
- 70th Annual General Meeting held on August 04, 2026
- Record date: July 29, 2026
- Total shareholders on record date: 85,103
- Shareholders attended through VC/OAVM: 58 (6 Promoter & Promoter Group, 52 Public)
Voting Results Summary
All resolutions were passed with requisite majority through e-voting process scrutinized by Parameshwar G. Hegde of Hegde & Hegde Company Secretaries.
Resolution 1: Adoption of Audited Financial Statements for FY 2025-26
- Resolution Type: Ordinary
- Total votes polled: 122,044,831 shares (89.1057% of outstanding shares)
- Votes in favor: 122,044,750 (99.9999%)
- Votes against: 81 (0.0001%)
- Promoter & Promoter Group: 96,574,837 shares voted 100% in favor
- Public Institutions: 25,341,955 shares voted 100% in favor
- Public Non-Institutions: 128,039 shares voted 99.9367% in favor
Resolution 2: Declaration of Dividend
- Resolution Type: Ordinary
- Dividend declared: ₹7.50 per equity share of face value ₹1 each for FY ended March 31, 2026
- Total votes polled: 122,044,831 shares (89.1057% of outstanding shares)
- Votes in favor: 122,044,750 (99.9999%)
- Votes against: 81 (0.0001%)
Resolution 3: Appointment of Mr. T T Raghunathan (DIN: 00043455) as Director
- Resolution Type: Ordinary
- Total votes polled: 122,044,685 shares (89.1056% of outstanding shares)
- Votes in favor: 121,980,239 (99.9472%)
- Votes against: 64,446 (0.0528%)
- Public Institutions: 25,341,955 shares voted 99.7492% in favor
- Public Non-Institutions: 127,893 shares voted 99.2955% in favor
Resolution 4: Appointment of Mr. R. Srinivasan (DIN: 00043658) as Director
- Resolution withdrawn as informed to shareholders and stock exchanges on July 30, 2026
- Mr. R. Srinivasan retired by rotation and vacancy not filled
- No voting conducted on this resolution
Resolution 5: Ratification of Remuneration to Cost Auditor for FY 2026-27
- Resolution Type: Ordinary
- Total votes polled: 122,044,831 shares (89.1057% of outstanding shares)
- Votes in favor: 122,044,062 (99.9994%)
- Votes against: 769 (0.0006%)
Resolution 6: Approval for Mr. T T Raghunathan to Continue Beyond Age 75
- Resolution Type: Special
- Total votes polled: 122,044,688 shares (89.1056% of outstanding shares)
- Votes in favor: 121,999,084 (99.9626%)
- Votes against: 45,604 (0.0374%)
- Public Institutions: 25,341,955 shares voted 99.8239% in favor
- Public Non-Institutions: 127,896 shares voted 99.2400% in favor
Scrutinizer Report Details
- Scrutinizer: Parameshwar G. Hegde, Practicing Company Secretary (FCS 1325, CP No. 640)
- E-voting period: July 31, 2026 (9:00 AM IST) to August 03, 2026 (5:00 PM IST)
- Voting facility provided by: KFin Technologies Limited (KFintech)
- Total members voted: 261 for most resolutions
- Invalid votes: None reported for any resolution
- Electronic voting data remains with scrutinizer until minutes are approved