Meeting Details

The 40th Annual General Meeting was held on Friday, 23rd October 2026 at 11:00 a.m. through video conferencing/audio visual means. The record date for determining shareholders eligible to vote was Friday, 16th October 2026.

Shareholder Participation

  • Total number of shareholders on record date: 40,911
  • Shareholders attending meeting through video conferencing: 47 (1 Promoter, 46 Public)
  • No shareholders attended in person or through proxy at a physical location

Voting Process and Methods

The voting was conducted through two methods:

1. Remote e-voting: Available from Tuesday, 20th October 2026 at 9:00 a.m. to Thursday, 22nd October 2026 at 5:00 p.m.

2. E-voting through insta-poll: Conducted at the AGM for members present who did not participate in remote e-voting

KFin Technologies Limited was appointed as the service provider for the e-voting process. Mr. Nilesh A. Pradhan of Nilesh A. Pradhan & Co. LLP was appointed as the scrutinizer for both remote e-voting and insta-poll voting.

Resolution Summary and Voting Outcomes

All seven resolutions were ordinary resolutions and were passed with requisite majority.

Resolution 1: Adoption of Financial Statements

  • Purpose: To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) for the year ended 30th June 2026
  • Total votes cast: 11,162,394 (74.7836% of outstanding shares)
  • Votes in favor: 11,162,243 (99.9986% of votes polled)
  • Votes against: 151 (0.0014% of votes polled)
  • Promoter voting: 100% in favor (11,143,295 votes)
  • Public Institutions: 100% in favor (7,641 votes)
  • Public Non-Institutions: 98.6821% in favor (11,307 votes), 1.3179% against (151 votes)

Resolution 2: Dividend Declaration

  • Purpose: To confirm payment of interim dividend and declare a final dividend on equity shares
  • Total votes cast: 11,162,394 (74.7836% of outstanding shares)
  • Votes in favor: 11,162,364 (99.9997% of votes polled)
  • Votes against: 30 (0.0003% of votes polled)
  • Promoter voting: 100% in favor
  • Public Institutions: 100% in favor
  • Public Non-Institutions: 99.7382% in favor (11,428 votes), 0.2618% against (30 votes)

Resolution 3: Director Re-appointment

  • Purpose: To appoint Mr. Jose Maria Hurtado (DIN: 08621867) who retires by rotation
  • Total votes cast: 11,162,394 (74.7836% of outstanding shares)
  • Votes in favor: 11,162,234 (99.9986% of votes polled)
  • Votes against: 160 (0.0014% of votes polled)
  • Promoter voting: 100% in favor
  • Public Institutions: 100% in favor
  • Public Non-Institutions: 98.6036% in favor (11,298 votes), 1.3964% against (160 votes)

Resolution 4: Related Party Transaction with Accelya World S.L.U.

  • Purpose: Approval of Related Party Transactions with Accelya World S.L.U.
  • Promoters were interested and did not vote
  • Total votes cast: 19,098 (0.1279% of outstanding shares)
  • Votes in favor: 18,185 (95.2194% of votes polled)
  • Votes against: 913 (4.7806% of votes polled)
  • Public Institutions: 100% in favor (7,641 votes)
  • Public Non-Institutions: 92.0311% in favor (10,544 votes), 7.9689% against (913 votes)

Resolution 5: Related Party Transaction with Accelya Global Limited

  • Purpose: Approval of Related Party Transactions with Accelya Global Limited
  • Promoters were interested and did not vote
  • Total votes cast: 19,098 (0.1279% of outstanding shares)
  • Votes in favor: 18,185 (95.2194% of votes polled)
  • Votes against: 913 (4.7806% of votes polled)
  • Public Institutions: 100% in favor (7,641 votes)
  • Public Non-Institutions: 92.0311% in favor (10,544 votes), 7.9689% against (913 votes)

Resolution 6: Related Party Transaction with Accelya Middle East FZE

  • Purpose: Approval of Related Party Transactions with Accelya Middle East FZE
  • Promoters were interested and did not vote
  • Total votes cast: 19,098 (0.1279% of outstanding shares)
  • Votes in favor: 18,168 (95.1304% of votes polled)
  • Votes against: 930 (4.8696% of votes polled)
  • Public Institutions: 100% in favor (7,641 votes)
  • Public Non-Institutions: 91.8827% in favor (10,527 votes), 8.1173% against (930 votes)

Resolution 7: Related Party Transaction with Accelya US Inc.

  • Purpose: Approval of Related Party Transactions with Accelya US Inc.
  • Promoters were interested and did not vote
  • Total votes cast: 19,098 (0.1279% of outstanding shares)
  • Votes in favor: 18,185 (95.2194% of votes polled)
  • Votes against: 913 (4.7806% of votes polled)
  • Public Institutions: 100% in favor (7,641 votes)
  • Public Non-Institutions: 92.0311% in favor (10,544 votes), 7.9689% against (913 votes)

Scrutinizer's Report

Mr. Nilesh A. Pradhan, Partner of Nilesh A. Pradhan & Co. LLP, submitted the consolidated scrutinizer's report which confirmed:

  • 94 members cast votes through remote e-voting
  • 2 members cast votes through insta-poll at the AGM
  • All voting records and papers were handed over to the Company Secretary
  • The remote e-voting facility was unblocked in the presence of two independent witnesses

Compliance Confirmation

The disclosure confirms compliance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended by the Companies (Management and Administration) Amendment Rules, 2015 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.