38th AGM Proceedings, Voting Results and Scrutinizer's Report shared
The 38th AGM was held on 25 September 2026 at 11.30 A.M. via video conferencing.
By ScoutQuest · · 2 min read
- AGM Date
- 25 September 2026
- Meeting Format
- Video conferencing (VC/OAVM)
- Resolutions Passed
- All 5 resolutions (Items 1 to 5) declared passed with requisite majority
- Attendance
- 3 promoter group shareholders and 33 public shareholders via VC
- Statutory Audit Fee
- Rs.1,00,000/- plus applicable taxes for 2026-27
What happened
The 38th Annual General Meeting was held on Friday, 25 September 2026 at 11.30 A.M. through two-way Video Conferencing / OAVM, and concluded at 12.30 pm. Shri D. Porpathasekaran chaired the meeting. The company has submitted the summary of proceedings, the voting results under Regulation 44 and the Scrutinizer's Report dated 25.09.2026.
Business transacted
- Adoption of the audited financial statements for the year ended March 31, 2026, along with the Board's and Auditors' reports.
- Re-appointment of Shri R. Karthikeyan as a Director retiring by rotation.
- Re-appointment of Mrs. Leena Rajput as a Director retiring by rotation.
- Statutory audit fee fixed at Rs.1,00,000/- (One Lac only) plus applicable taxes for 2026-27, for auditors appointed by CAG.
- Appointment of M/s. Tarun Saini & Associates, Practicing Company Secretaries, as Secretarial Auditors for the year April 1, 2026 to March 31, 2027, with remuneration to be decided by the Board.
Voting process
E-voting was provided through CDSL. Remote e-voting was open from 22 September 2026 at 09:00 to 24 September 2026 at 17:00, with venue voting at the meeting itself. Voting was finalised at 14:51 on 25 September 2026. Shareholders as on the cut-off date of 18 September 2026 were eligible to vote on Item Nos. 1 to 5.
Voting outcome disclosed
- Resolution 1 (adoption of accounts): 32366605 votes in favour, being 99.997% of valid votes cast, from 44 holders; 1084 votes against, being 0.003%, from 4 holders. Invalid votes: 0.
- Resolution 2 (re-appointment of Shri R. Karthikeyan): 32366591 votes in favour (99.997%) from 43 holders; 1098 votes against (0.033%) from 5 holders. Invalid votes: 0.
Attendance
3 shareholders from the Promoter and Promoter Group and 33 from the Public attended through video conferencing. No arrangement for a physical meeting or proxies was made as the meeting was held through VC/OAVM.
What it means for investors
This is a routine post-AGM disclosure confirming that the year's shareholder approvals went through. The resolutions were carried with an overwhelming majority, with only a token number of votes against. Members' queries on operations and financial performance were responded to at the meeting, and all resolutions were declared passed with the requisite majority after receipt of the Scrutinizer's Report.
More numbers
- Statutory audit fee for 2026-27Rs.1,00,000/-
- Votes in favour of Resolution 132366605
- Resolution 1 votes in favour as % of valid votes99.997%
- Holders voting in favour of Resolution 144
- Votes against Resolution 11084
- Resolution 1 votes against as % of valid votes(0.003%)
- Holders voting against Resolution 14
- Votes in favour of Resolution 232366591
- Resolution 2 votes in favour as % of valid votes(99.997%)
- Votes against Resolution 21098
- Promoter group shareholders attending via VC3
- Public shareholders attending via VC33
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