Meeting Details

The 38th Annual General Meeting (AGM) of ADC India Communications Limited was held on Friday, August 7, 2026, at 11:00 AM IST through video conferencing and other audio-visual means (OAVM). The meeting concluded at 12:15 PM IST.

Attendance

  • Members Present: 48 members attended through video conferencing/audio-visual means
  • Directors/KMP Present:
  • Mr. Nagendra Venkaswamy - Chairman & Non-Executive Independent Director (Bangalore)
  • Mr. J. N. Mylaraiah - Managing Director (Bangalore)
  • Mr. Harish Hassan Visweswara - Non-Executive Independent Director (Bangalore)
  • Ms. Lin Xia Smyth - Non-Executive Non-Independent Director (Singapore)
  • Mr. Vineeth N Chandran - Non-Executive Non-Independent Director (Cochin)
  • Mr. Anandu Vithal Nayak - Chief Financial Officer (Bangalore)
  • Ms. Geetha Desikachari - Company Secretary (Bangalore)
  • Other Representatives Present:
  • Mr. Pushkar Sakhalkar - Partner, S R B C & CO LLP (Statutory Auditors, Mumbai)
  • Mr. Mukul Maheshwari - Manager, S R B C & CO LLP (Statutory Auditors, Mumbai)
  • Mr. Pradeep B. Kulkarni - Partner, V Sreedharan and Associates (Secretarial Auditors & Scrutinizer, Bangalore)

Business Transacted

The following items from the Notice dated May 21, 2026 were approved:

1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026, along with reports of Board of Directors and Auditors

2. Declaration of dividend of ₹25 per equity share of face value ₹10 each for financial year ended March 31, 2026

3. Re-appointment of Ms. Lin Xia Smyth (DIN: 11525342) as Director who retired by rotation

Meeting Proceedings

The meeting was conducted in compliance with Companies Act, 2013, MCA General Circular No. 03/2025 dated September 22, 2025, and SEBI circulars. The Company Secretary confirmed that statutory registers were open for e-inspection and detailed e-voting procedures.

Mr. Pradeep B. Kulkarni (failing him Mr. V Sreedharan) of V Sreedharan and Associates was appointed as Scrutinizer to ensure fair and transparent e-voting process. Voting lines remained open until fifteen minutes after the meeting conclusion.

The Chairman acknowledged the sad demise of Ms. Vijaya Latha Reddy, Independent Director. The Notice of AGM and Annual Report for FY 2025-26 were taken as read. Chairman's speech and Managing Director's speech were delivered.

Members were provided opportunity to ask questions, which were answered by management. Results of voting were to be declared based on Scrutinizer's report and intimated to BSE Limited and displayed on company website.

Additional Information

The proceedings will be available on company website: www.adckcl.com

Company CIN: L32209KA1988PLC009313