Summary of Proceedings of 34th Annual General Meeting

The 34th AGM was held on September 28, 2026 via video conferencing, attended by 75 shareholders.

Mon 28 Sep 2026

AGM Date

September 28, 2026

Attendance

75 shareholders attended

Resolutions Placed

6 resolutions

Audit Remarks

No qualifications or adverse remarks in Statutory Auditors' and Secretarial Audit reports

Meeting Duration

4:00 P.M. to 5:15 P.M. via video conferencing

What was shared

The company shared a summary of the proceedings of its 34th Annual General Meeting, held on Monday, September 28, 2026 at 4.00 P.M. through video conferencing. The meeting concluded at 5:15 P.M.

Attendance

• Total 75 shareholders attended through OAVM mode.
• All directors, the Chief Financial Officer, the Company Secretary, statutory auditors, secretarial auditor and scrutinizer, cost auditors and internal auditors attended via video conferencing.
• Mr. Sadashiv Kanyana Shetty, Chairman of the Board, chaired the meeting.

Business placed before members

• Adoption of audited standalone and consolidated financial statements with Board and Auditors' reports for the financial year ended March 31, 2026 (ordinary resolution).
• Re-appointment of Mr. Sadashiv K. Shetty, Executive Chairman, retiring by rotation (ordinary resolution).
• Re-appointment of Mr. Raghuram K. Shetty, Managing Director, retiring by rotation (ordinary resolution).
• Ratification of remuneration payable to the Cost Auditors for FY 2026-27 (ordinary resolution).
• Re-appointment of Ms. Reshma D Wadkar as Non-Executive Independent Woman Director for a second term of five consecutive years (special resolution).
• Re-appointment of Mr. Shriraj S. Shetty as Whole Time Director designated as Executive Director (special resolution).

Audit remarks

The Chairman informed shareholders that the report of the Statutory Auditors on the financial statements and the Secretarial Audit Report did not contain any qualification or adverse remarks.

Voting process

Remote e-voting was open from September 24, 2026, 09:00 A.M. to September 27, 2026, 5:00 P.M. E-voting during the meeting remained open for 15 minutes after the conclusion of the AGM for those who had not voted earlier. Mr. Nirmal Gupta of GMJ & Associates acted as Scrutinizer. Consolidated results with the Scrutinizer's Report are to be intimated to the stock exchanges and placed on the company's website within two working days of the conclusion of the meeting.

What it means for investors

This is a routine procedural disclosure describing how the AGM was conducted and what items were placed before shareholders. The actual voting outcomes come in a separate update. Shareholders can note the clean audit remarks and the continuity in the board, which remains largely promoter-family led alongside independent directors.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.