Announced Wed, 3 Sept · 17:16 IST

The Board in its meeting have approved the matters as mentioned in the Outcome enclosed herewith.

Board & Shareholder Meetings View source PDF

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AI summary

The Board of Directors, at its meeting held on September 3, 2025, approved the draft notice for the 29th Annual General Meeting (AGM) for FY 2024-25. The 29th AGM has been scheduled for Tuesday, September 30, 2025, at 11:00 AM, to be held via video conferencing. Mr. Shriram Imartey of M/s. S.P. Imartey and Associates has been appointed as the Scrutinizer for the remote e-voting and AGM e-voting process, with September 23, 2025, set as the cut-off date to determine voting eligibility. Additionally, the Board approved a revision in the remuneration of three directors – Chairman & MD Mr. Harsh Pradeep Badkur, Whole-Time Director Mr. Ignatious David Inasu Chittatukarakaran, and Whole-Time Director & CFO Mr. Puneet Pradeep Badkur – effective from FY 2025-26, subject to shareholder approval at the upcoming AGM.

Likely market impact

Routine corporate governance update. Shareholders should note the AGM date (September 30, 2025) and e-voting cut-off date (September 23, 2025). The proposed hike in remuneration for three key directors will require shareholder approval and is worth reviewing before the AGM.