Sri KPR Industries shareholders pass all resolutions at 38th AGM
- All eight resolutions passed with over 99.99% votes in favour
- Dividend for FY26 and financial statements adopted unanimously
- Kishan Reddy Nalla re-appointed as Managing Director via special resolution
- Bhoopal Reddy Aleti approved to continue as WTD beyond age 70
*this image is generated using AI for illustrative purposes only.
Sri KPR Industries Limited shareholders approved all eight resolutions proposed at the company's 38th Annual General Meeting held on September 30, 2026. The voting results, disclosed to BSE Limited on October 1, 2026, indicate unanimous support for key corporate actions including dividend declaration and board appointments.
Voting outcomes
The meeting was conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM), with voting facilitated through remote e-voting and electronic voting during the session. The total number of votes polled across all resolutions was 14,611,685. For every resolution, votes in favour stood at 14,611,681, representing nearly 100% of the votes polled. Only four votes were cast against each resolution, while twenty votes were abstained from.
The following table summarizes the voting results for the primary resolutions:
| Resolution | Type | Votes Polled | Votes In Favour | Votes Against | Abstained |
|---|---|---|---|---|---|
| Adopt Financial Statements FY26 | Ordinary | 14,611,685 | 14,611,681 | 4 | 20 |
| Declare Dividend FY26 | Ordinary | 14,611,685 | 14,611,681 | 4 | 20 |
| Re-appoint Srinath Reddy Nalla | Ordinary | 14,611,685 | 14,611,681 | 4 | 20 |
| Re-appoint Bhoopal Reddy Aleti | Ordinary | 14,611,685 | 14,611,681 | 4 | 20 |
| Appoint Sudhakar Chittepuru (ID) | Special | 14,611,685 | 14,611,681 | 4 | 20 |
| Re-appoint Kishan Reddy Nalla (MD) | Special | 14,611,685 | 14,611,681 | 4 | 20 |
| Continue Bhoopal Reddy Aleti (WTD) | Special | 14,611,685 | 14,611,681 | 4 | 20 |
| Re-designate Amarnath Narsing Rao Basha | Ordinary | 14,611,685 | 14,611,681 | 4 | 20 |
Key approvals
Shareholders adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The board's recommendation to declare a dividend for FY26 was also ratified by the members.
Significant governance changes were approved through special resolutions:
- Appointment of Sudhakar Chittepuru as an Independent Director.
- Re-appointment of Kishan Reddy Nalla as Managing Director.
- Approval for the continuation of Bhoopal Reddy Aleti as Whole-Time Director after attaining the age of 70 years.
Additionally, ordinary resolutions passed for the re-appointment of directors Srinath Reddy Nalla and Bhoopal Reddy Aleti, who retired by rotation. Amarnath Narsing Rao Basha was re-designated as Chairman of the company.
Shareholder participation
The scrutinizer's report noted that the remote e-voting period ran from September 27 to September 29, 2026. During the AGM itself, shareholders present via video conferencing cast their votes using the Instapoll facility provided by KFin Technologies Limited. The total outstanding shares represented in the voting process amounted to 20,145,695, with promoters and promoter group holding a significant portion of the voting power.
Historical Stock Returns for Sri KPR Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.72% | -3.81% | +30.97% | +32.87% | +32.87% | +32.87% |
How will the appointment of Sudhakar Chittepuru as an Independent Director influence Sri KPR Industries' corporate governance standards and strategic decision-making processes?
What specific operational or expansion initiatives are expected to be prioritized following Kishan Reddy Nalla's re-appointment as Managing Director?
Given the near-unanimous shareholder support, how might this strong mandate impact the company's ability to execute future capital raising or M&A activities?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
