Ravi Leela Granites held its 36th Annual General Meeting on September 30, 2026, via Video Conferencing, with 105 shareholders attending. All three resolutions were passed with requisite majority, with total votes polled at 79,86,145, representing 75.44% of outstanding shares.

The meeting was conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. Mr. Sohrab Chinoy Kersasp served as Chairperson. The total number of shareholders on the record date was 11,976, and voting rights were determined based on shareholding as of the cut-off date, September 23, 2026.

Resolutions passed

The members considered and approved the following ordinary and special business items:

• Adoption of financial statements: The audited financial statements for FY26, along with the Board's Report and Auditor's Report, were received and adopted.
• Director reappointment: Mrs. Parvatha Samantha Reddy, Whole-time Director and CFO, retired by rotation and was reappointed as a Director.
• New appointment: Ms. Parvatha Harshini Reddy was regularised and appointed as a Non-Executive, Non-Independent Director.

Voting and attendance details

Remote e-voting was open from September 26, 2026, to September 29, 2026. E-voting at the AGM was unblocked at 2:23 pm on September 30, 2026, after the conclusion of the meeting, in the presence of two witnesses. Mrs. Rashida Hatim Adenwala of R & A Associates served as scrutinizer for the e-voting process.

Resolution-wise voting results

All three resolutions recorded identical voting outcomes. The following table summarises the consolidated results for each resolution:

The scrutinizer's consolidated report further details voting by mode. For each resolution, 39 members voted via remote e-voting, casting 78,84,186 votes in favour and 200 against (99.9974% and 0.0025% of valid votes respectively). An additional 68 members voted via e-voting at the AGM, casting 1,01,759 votes in favour with no votes against, resulting in a combined total of 107 members voting across both modes.

Scrutinizer's report and compliance

The scrutinizer's report was submitted to BSE Limited on October 2, 2026, pursuant to Regulation 44 of the SEBI LODR Regulations and Section 108 of the Companies Act, 2013. The e-voting facility was provided by Central Depository Services Limited (CDSL). Aarthy Consultants Private Limited served as the Registrar and Share Transfer Agent. The voting results and consolidated scrutinizer's report have been uploaded on the company's website and submitted to the stock exchange.

Ravileela Granites has scheduled its 36th Annual General Meeting (AGM) for September 30, 2026, to be conducted via video conferencing. The company published the notice on September 9, 2026, in Financial Express and Nava Telangana.

The record date for determining voting eligibility is September 24, 2026. The register of members and share transfer books will remain closed from September 24 to September 30, 2026. Shareholders can participate in remote e-voting between September 26 and September 29, 2026.

Financial Performance

The company recently filed its annual report for FY26, reporting a net profit of ₹992.93 lakh, reversing a net loss of ₹320.79 lakh in FY25. Revenue from operations expanded by approximately 39% to ₹5,739.55 lakh in FY26.

Total income rose to ₹6,120.28 lakh from ₹4,246.65 lakh in the prior year. This increase was supported by a rise in other income to ₹380.73 lakh, compared to ₹122.36 lakh previously. Other income included a net foreign exchange gain of ₹327.63 lakh and dividend income of ₹15.11 lakh.

Total expenses excluding depreciation stood at ₹4,715.27 lakh, an increase from ₹4,427.98 lakh in FY25. Finance costs declined slightly to ₹290.82 lakh from ₹300.87 lakh.

What the Numbers Show

The profitability turnaround was significantly aided by non-operating gains. Other income constituted roughly 31% of total income, driven largely by a ₹327.63 lakh foreign exchange gain. While operating leverage improved as revenue grew faster than total expenses, the reliance on forex gains highlights currency exposure risks inherent in its export-oriented model, where exports accounted for ₹5,736.83 lakh of total revenue.

Corporate Governance and AGM Details

Key agenda items include:

• Adoption of audited financial statements for FY26.
• Re-appointment of Mrs. Parvatha Samantha Reddy as Whole-time Director, who retires by rotation.
• Regularisation and appointment of Ms. Parvatha Harshini Reddy as a Non-Executive Director.

The Board did not recommend any dividend for the year, opting instead to plough back profits to support future growth plans. The company’s authorized share capital remains at ₹12 crore, with paid-up capital at ₹10.59 crore.