Announced Mon, 31 Aug · 17:27 IST

Board approves 37th AGM notice, director changes and e-voting dates

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AI summary

Board meeting on August 31, 2026 approved the 37th AGM notice, Directors Report and Secretarial Audit Report for FY2025-26. AGM is set for September 26, 2026 via video conferencing, with e-voting from September 23 to 25, 2026. Mr. Venkata Rao Sadhanala re-designated from Whole Time Director to Managing Director for 5 years at Rs. 30 lakhs remuneration. Mrs. Padmaja Kalyani Sadhanala (spouse of the Managing Director) and Mr. Revoor Ramachandra regularised as additional directors, subject to shareholder approval.

Likely market impact

Routine governance update. All director changes need shareholder approval at the AGM on September 26, 2026. No material financial impact disclosed.