Meeting Details

The 31st Annual General Meeting was held on Tuesday, August 11, 2026 at 11:30 A.M. IST through video conference format. The meeting concluded at 12:47 P.M. IST, lasting approximately 77 minutes.

Attendance

Directors Present:

  • Mr. Jagdish Saksena Deepak, Chairman (DIN: 02194470)
  • Mr. Arun Gupta, Independent Director and Chairman Stakeholders' Relationship Committee
  • Mr. Arvind Kohli, Independent Director and Chairman Nomination and Remuneration Committee and Risk Management Committee
  • Mr. Ashok Tyagi, Independent Director and Chairman Audit Committee
  • Mr. Devendra Khanna, Non-executive Director
  • Mr. Kapal Kumar Vohra, Independent Director
  • Ms. Nalina Suresh, Independent Director
  • Mr. Rakesh Bharti Mittal, Non-executive Director
  • Mr. Soumen Ray, Non-executive Director and Chairman Corporate Social Responsibility Committee

Company Officials:

  • Mr. Amit Chaturvedi, Company Secretary and Compliance Officer
  • Mr. Karthikeyan Velu, Chief Financial Officer

External Attendees:

  • Representatives from Deloitte Haskins & Sells LLP, Chartered Accountants (Statutory Auditors)
  • Representatives from Makarand M. Joshi & Co., Company Secretaries (Secretarial Auditors)
  • Representatives from Sanjay Gupya & Associates, Cost Accountants (Cost Auditor)
  • Mr. Harish Chawla, Partner of CL & Associates, Company Secretaries (Scrutinizer)

Shareholder Participation:

156 members holding 42,507,688 equity shares attended, representing 85% of the total paid-up equity capital of the Company.

Proposed Resolutions

The following seven items of business were put to vote:

Ordinary Businesses:

1. Receipt, consideration and adoption of the audited financial statements for the financial year ended March 31, 2026 together with reports of Auditors and Board of Directors

2. Declaration of final dividend on equity shares for the financial year ended March 31, 2026

3. Re-appointment of Mr. Jagdish Saksena Deepak (DIN: 02194470) as a Director liable to retire by rotation

Special Businesses:

4. Ratification of remuneration to be paid to Sanjay Gupta & Associates, Cost Accountants as Cost Auditors for FY 2026-27

5. Approval of amendment in the Object Clause of the Memorandum of Association

6. Approval of Material Related Party Transactions with Bharti Airtel Limited (holding company)

7. Approval of Material Related Party Transactions with Indus Towers Limited (fellow subsidiary)

Voting Process

The Company provided remote e-voting facility which commenced at 9:00 A.M. IST on Friday, August 7, 2026 and concluded at 5:00 P.M. IST on Monday, August 10, 2026. Members who attended the meeting but had not cast votes through remote e-voting were provided an opportunity to cast votes through e-voting during the meeting.

Mr. Harish Chawla, Partner of CL & Associates, Company Secretaries, was appointed as the Scrutinizer to compile results for both remote e-voting and e-voting at the AGM and submit a Consolidated Scrutinizer's Report within stipulated timelines.

Meeting Proceedings

The Company Secretary confirmed requisite quorum was present and called the meeting to order. Statutory registers and records were available for electronic inspection. The Notice convening the AGM, Board's Report, and Auditor's Reports for FY ended March 31, 2026 were taken as read with members' consent.

The Chairman highlighted the resilience of the Indian economy and growth opportunities in Rajasthan and North-East circles, driven by digital adoption, infrastructure development, and expanding connectivity needs. The Company's continued investments in strengthening digital network, enhancing customer experience through technology-led initiatives, and advancing ESG and CSR programs were outlined.

Mr. Karthikeyan Velu, Chief Financial Officer, briefed members on operational and financial highlights for FY 2025-26. A Q&A session was conducted for members who had registered as speakers, with questions answered by the Chairman and Senior Management officials.

For item no. 3 (re-appointment of Mr. Jagdish Saksena Deepak), Mr. Rakesh Bharti Mittal chaired the meeting with members' consent.

Compliance Confirmation

The document confirms compliance with SEBI Listing Regulations through submission under Regulation 30. The voting results were to be submitted separately within stipulated timelines.