Key Dates

  • 79th Annual General Meeting held: July 31, 2026 at 4:45 PM through Video Conference
  • Meeting concluded: July 31, 2026 at 5:50 PM
  • Proceedings submitted: August 1, 2026 at 10:40 AM
  • Disclosure letter dated: August 7, 2026

Reason for Delay

The delay in submission of AGM proceedings was due to compilation and internal verification processes to ensure the disclosure accurately captured the meeting deliberations and complied with disclosure requirements under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. The company states the delay was "inadvertent and procedural in nature" with no intention to withhold material information.

AGM Attendance

Directors Present:

  • Sri K. Thiagarajan - Chairman and Managing Director (Bengaluru)
  • Smt Uma Kannan - Director (Madurai)
  • Sri M Anbukani - Independent Director, Chairman of Audit Committee (Madurai)
  • Sri T N Ramanathan - Independent Director, Chairman of Stakeholders Relationship Committee (Chennai)
  • Sri Ganesh Anathakrishnan - Independent Director, Chairman of Nomination and Remuneration Committee (Chennai)
  • Sri V Kasinathan - Director (Madurai)

Senior Executives Present:

  • Mr P Senthil Kumar - Chief Financial Officer
  • Ms K Preyatharshine - Company Secretary

Shareholder Attendance: 38 members/representatives of Corporate Members attended through Video Conference

Meeting Proceedings

The Chairman and Managing Director addressed the meeting, noting that despite geopolitical uncertainties and global macroeconomic headwinds, the company achieved marginal growth in turnover with lower profit margins. The MD briefed shareholders about operations, growth plans, future outlook, and financial and operational results for FY 2025-26.

Thirteen shareholders registered as speakers and raised various queries pertaining to the company's operations, financial performance, and future plans. The Chairman and Managing Director replied to all queries and provided clarifications.

Resolutions Considered

Ordinary Business:

1. Adoption of Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and the Auditors thereon

2. Reappointment of Mr. V Kasinathan (DIN: 10308450) as Director liable to retire by rotation

Special Business:

3. Ratification of Remuneration for Cost Auditors for FY 2026-2027

Voting Process

The combined results of remote e-voting and instapoll voting were to be declared within 2 working days from closure of instapoll and placed on the websites of the Company and BSE Ltd.

Financial Impact

Financial impact not quantified in the disclosure.

Company Response

The company has "strengthened its internal processes to avoid recurrence" of delayed submissions and remains committed to ensuring timely compliance with all applicable regulatory requirements.