Tarini International Ltd shareholders unanimously approved all five resolutions passed at the 27th Annual General Meeting held on September 30, 2026. The meeting saw the adoption of audited financial statements for FY26 and the reappointment of key leadership figures.

The voting results, disclosed under SEBI (LODR) Regulations, 2015, confirmed that 100% of votes polled were in favour of every resolution. No votes were cast against any agenda item, and there were no invalid votes recorded across promoter or public shareholder categories.

Resolution-wise voting outcomes

The company’s Board proposed five resolutions, comprising three ordinary and two special resolutions. All were passed with requisite majorities. The detailed voting pattern is summarized below:

Governance and leadership continuity

The AGM addressed key leadership continuity measures. Vakamulla Chandrashekhar, who retired by rotation, was reappointed as a director and subsequently as the Managing Director. V. Anu Naidu was also reappointed to her role as Whole Time Director. These appointments were secured through ballot voting, reflecting strong shareholder confidence in the existing management team.

The Board also secured approval for material related party transactions involving the company’s subsidiaries, associates, and group companies. This resolution ensures continued operational synergy within the Tarini group structure.

Procedural notes and attendance

A total of 11 shareholders attended the meeting in person, comprising three from the promoter group and eight public shareholders. No shareholders participated via proxy or video conferencing. The meeting commenced at 10:30 am and concluded at 11:00 am at the registered office in New Delhi.

The Chairman advised shareholders holding shares in physical form to dematerialize their holdings with MUFG Intime India Pvt Ltd, citing SEBI regulations that mandate transfers only in dematerialized form since December 5, 2018.

Voting mechanism and scrutiny

As Tarini International is listed on the BSE SME Platform, it is exempt from providing e-voting facilities under SEBI (ICDR) Regulations, 2009. Consequently, voting was conducted via physical ballot using Form MGT-12. The scrutinizer, Mr. V Ramasamy, confirmed that no poll papers were found invalid. The scrutinizer’s report, issued on September 30, 2026, validated the unanimous support for all proposed resolutions.

Tarini International has scheduled its 27th Annual General Meeting for September 30, 2026, to seek shareholder approval for material related-party transactions and the reappointment of key directors. The board meeting held on September 5, 2026, approved these proposals.

The company aims to obtain omnibus approval for transactions with ten group entities, including subsidiaries and associates. These arrangements involve loans, investments, guarantees, and operational services. The total proposed value of these transactions ranges from ₹5 crore to ₹60 crore per entity for the financial year ending March 31, 2027.

Related-Party Transactions

The company seeks approval under Regulation 23 of the SEBI Listing Regulations for ongoing business with related parties. The transactions are intended to be conducted at arm's length in the ordinary course of business.

Key entities involved include Tarini Infrastructure Limited, Tarini Sugars and Distillaries Limited, and Venture Infrastructure Limited. The nature of transactions includes sale and purchase of goods, availing services, leasing property, and receipt or payment of interest on loans.

The company also disclosed a corporate guarantee obligation of ₹50 crore for Tarini Infrastructure Limited. Loans extended to these entities will carry an interest rate of 12% per annum with a maturity period of seven years. The funds are sourced from internal accruals and will be utilized for business operations, working capital, and strategic projects.

Director Reappointments

Shareholders will vote on the reappointment of Mr. Vakamulla Chandrashekhar as Managing Director and Mrs. V Anu Naidu as Whole-time Director. Both appointments are for a three-year term effective October 1, 2026.

Mr. Chandrashekhar, a promoter with expertise in hydro projects and power transmission, will receive no salary. Mrs. Naidu, who specializes in human resources development, will receive a monthly salary of ₹160,000 along with perquisites including furnished accommodation and insurance coverage. Both directors hold significant shareholdings in the company and its group entities.

AGM Details

The 27th AGM will convene at 10:30 am on September 30, 2026, at the company’s registered office in New Delhi. The record date for determining entitlement to the Annual Report is August 28, 2026.

The register of members and share transfer books will remain closed from September 28, 2026, to September 30, 2026, inclusive. M/S. V Ramasamy & Co., Company Secretaries, has been appointed as scrutinizer for the voting process. The meeting agenda includes adopting the Annual Report and Secretarial Audit Report for FY26.