Meeting Details

The 18th Annual General Meeting (AGM) of Amagi Media Labs Limited was held on Wednesday, September 23, 2026 at 11:00 AM IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM), in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI.

Resolutions and Business Transacted

The following seven resolutions were transacted at the meeting:

Ordinary Business:

  • 1. Adoption of audited standalone financial statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Statutory Auditor thereon (Ordinary Resolution)
  • 2. Adoption of audited consolidated financial statements of the Company for the financial year ended March 31, 2026, together with the Report of the Statutory Auditor thereon (Ordinary Resolution)
  • 3. Re-appointment of Mr. Shekhar Kirani Hanumanthasetty (DIN: 02384548) as a director liable to retire by rotation (Ordinary Resolution)

Special Business:

  • 4. Re-appointment of Mr. Baskar Subramanian (DIN: 02014529) as Managing Director and Chief Executive Officer of the Company (Ordinary Resolution)
  • 5. Approval of the terms of remuneration payable to Mr. Baskar Subramanian (DIN: 02014529), Managing Director and Chief Executive Officer of the Company (Special Resolution)
  • 6. Appointment of M/s. BMP & Co. LLP, Practicing Company Secretaries as the Secretarial Auditors of the Company (Ordinary Resolution)
  • 7. Reclassification of Authorised Share Capital and consequential alteration of Clause V of the Memorandum of Association of the Company (Ordinary Resolution)

Voting Process

The remote e-voting facility was kept open from Sunday, September 20, 2026 from 09:00 AM IST until Tuesday, September 22, 2026 05:00 PM IST. The e-voting process remained open for an additional 15 minutes after the conclusion of the AGM for Members participating through VC/OAVM who had not exercised their votes during the remote e-voting period.

Attendance and Participants

Directors and Key Managerial Personnel in attendance:

  • Mr. Giridhar Sanjeevi - Chairperson, Independent Director and Chairperson of the Audit Committee
  • Mr. Baskar Subramanian - Managing Director and Chief Executive Officer
  • Ms. Ira Gupta - Independent Director and Chairperson of the Nomination and Remuneration Committee and Stakeholders' Relationship Committee
  • Mr. Sandesh Kaveripatnam - Nominee Director
  • Mr. Shekhar Kirani Hanumanthasetty - Nominee Director
  • Mr. Vijay NP - Chief Financial Officer
  • Mr. Sridhar Muthukrishnan - Company Secretary and Compliance Officer

Mr. Arunachalam Srinivasan Karapattu, Non-Executive Director, was unable to attend due to prior commitments.

The Statutory Auditors, S.R. Batliboi & Associates LLP, Chartered Accountants, and the Secretarial Auditors, BMP & Co. LLP, Company Secretaries, attended through VC/OAVM.

Scrutinizer Appointment

Mr. Biswajit Ghosh, Partner at BMP & Co. LLP, was appointed as the Scrutinizer by the Board to scrutinize the votes cast during the Meeting and through remote e-voting in a fair and transparent manner.

Compliance and Documentation

Physical attendance of Members was dispensed with, and the requirement of appointing proxies was not applicable. The Registers required under the Companies Act, 2013, as well as other documents mentioned in the Notice convening the AGM, were available for inspection in electronic mode.

The Reports of the Statutory Auditors and Secretarial Auditors for the financial year ended March 31, 2026 contained no qualifications, observations or adverse remarks.

Meeting Proceedings and Conclusion

The Chairperson reflected on the Company's successful listing and progress, highlighting three key pillars: customer trust, people strength and financial resilience. The Managing Director and CEO provided an overview of the Company's evolution, business model and progress during the year, highlighting increasing focus on artificial intelligence applications across media workflows. The CFO addressed the Members on financial performance and priorities, highlighting durable revenue growth, deeper customer relationships and improved operating leverage.

Members who had registered as speakers were provided opportunity to express views and seek clarifications, which were responded to by management.

The meeting concluded at 12:10 PM IST. The combined voting results, together with the Scrutinizer's Report, will be declared within prescribed statutory timelines.