Meeting Details

The 38th Annual General Meeting was held on Thursday, September 24, 2026, through video conferencing/other audio visual means (VC/OAVM) at 11:30 a.m.

Shareholder Participation

  • Promoters and Promoter Group attendees through VC: 2
  • Public shareholders attendees through VC: 100
  • Shareholders present in person: Not applicable (NA) for both categories

Voting Process and Methods

The company provided two voting methods:

1. Remote e-voting through Purva Sharegistry (India) Pvt. Ltd. from Monday, September 21, 2026 at 9:00 a.m. to Wednesday, September 23, 2026 till 5:00 p.m. IST

2. E-voting facility during the AGM for shareholders who had not cast their vote earlier

Resolution Details and Voting Outcomes

Resolution 1: Ordinary Business - Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026 along with Reports of Board of Directors and Auditors

  • Promoter interest: No
  • Total votes polled: 15,354,856 shares (43.91% of outstanding shares)
  • Votes in favour: 15,354,800 (100.00% of votes polled)
  • Votes against: 56 (0.00% of votes polled)
  • Category breakdown:
  • Promoter and Promoter Group: 15,029,561 votes (100.00% in favour)
  • Public Institutions: 13,258 votes (100.00% in favour)
  • Public Non-Institutions: 312,037 votes (99.98% in favour, 0.02% against)

Resolution 2: Ordinary Business - Re-appointment of Director

To appoint Mr. K. Chandran (DIN: 00005868) who retires by rotation

  • Promoter interest: No
  • Total votes polled: 15,354,856 shares (43.91% of outstanding shares)
  • Votes in favour: 15,354,776 (100.00% of votes polled)
  • Votes against: 80 (0.00% of votes polled)
  • Category breakdown:
  • Promoter and Promoter Group: 15,029,561 votes (100.00% in favour)
  • Public Institutions: 13,258 votes (100.00% in favour)
  • Public Non-Institutions: 312,037 votes (99.97% in favour, 0.03% against)

Resolution 3: Special Business - Ordinary Resolution

To ratify remuneration payable to M/s. ABK & Associates, Cost Accountant (Firm Registration No. 000036) for cost audit for FY 2026-2027

  • Promoter interest: No
  • Total votes polled: 15,354,856 shares (43.91% of outstanding shares)
  • Votes in favour: 15,354,800 (100.00% of votes polled)
  • Votes against: 56 (0.00% of votes polled)
  • Category breakdown:
  • Promoter and Promoter Group: 15,029,561 votes (100.00% in favour)
  • Public Institutions: 13,258 votes (100.00% in favour)
  • Public Non-Institutions: 312,037 votes (99.98% in favour, 0.02% against)

Resolution 4: Special Business - Special Resolution

Re-appointment of Mr. Mohan Kumar Rayana (DIN: 07878975) as Whole-time Director and continuation beyond age 70 years

  • Promoter interest: No
  • Total votes polled: 15,354,856 shares (43.91% of outstanding shares)
  • Votes in favour: 15,346,025 (99.94% of votes polled)
  • Votes against: 8,831 (0.06% of votes polled)
  • Category breakdown:
  • Promoter and Promoter Group: 15,029,561 votes (100.00% in favour)
  • Public Institutions: 13,258 votes (49.08% in favour, 50.92% against)
  • Public Non-Institutions: 312,037 votes (99.33% in favour, 0.67% against)

Scrutinizer's Report

Ms. Kala Agarwal, Practicing Company Secretary (Membership No. 5976, Certificate of Practice No. 5356) was appointed as Scrutinizer. Her report details:

Resolution 1 - Adoption of Financial Statements

  • 162 members voted in favour (96.42% of valid votes)
  • 0 members voted against
  • 0 invalid votes

Resolution 2 - Re-appointment of Mr. K. Chandran

  • 161 members voted in favour (95.83% of valid votes)
  • 7 members voted against (4.17% of valid votes)
  • 0 invalid votes

Resolution 3 - Ratification of Cost Auditor Remuneration

  • 162 members voted in favour (96.42% of valid votes)
  • 0 members voted against
  • 0 invalid votes

Resolution 4 - Re-appointment of Mr. Mohan Kumar Rayana

  • 159 members voted in favour (94.64% of valid votes)
  • 9 members voted against (5.36% of valid votes)
  • 0 invalid votes

All four resolutions were declared "PASSED" with requisite majority through remote e-voting and e-voting during the AGM.

Compliance and Regulatory References

The voting process complied with:

  • Section 108 & 109 of the Companies Act, 2013
  • Rule 20 & 21(2) of the Companies (Management and Administration) Rules, 2014
  • SEBI Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated January 5, 2023
  • Multiple MCA Circulars including those dated April 13, 2020; May 5, 2020; January 13, 2021; May 5, 2022; December 28, 2022; September 25, 2023; September 19, 2024; and September 22, 2025

Record Date

The voting eligibility was determined based on shareholding as of Thursday, September 17, 2026.