Meeting Details

  • Date: Monday, August 31, 2026
  • Time: 03:00 P.M. to 04:00 P.M. (IST)
  • Type: Annual General Meeting
  • Mode: Conducted through Video Conferencing / Other Audio-Visual Means
  • Deemed Venue: Registered office at 3/3/2, Bellandur Gate, Sarjapur Main Road, Bengaluru – 560103, Karnataka, India

Attendance

Directors Present:

  • Mr. Ajit Isaac - Non-Executive Chairman (Bengaluru)
  • Mr. Kamal Pal Hoda - Chief Executive Officer and Executive Director (Bengaluru)
  • Mr. Anish Thurthi - Non-Executive Director (Mangalore)
  • Ms. Srivathsala K.N. - Non-Executive Independent Director and Chairperson of Audit Committee and Stakeholder Relationship Committee (Bangalore)
  • Mr. Sanjay Anandaram - Non-Executive Independent Director and Chairperson of Nomination and Remuneration Committee (Bangalore)
  • Mr. Narayanan Suresh Krishnan - Non-Executive Independent Director and Chairperson of Risk Management Committee (Bangalore)
  • Mr. Dinkar Gupta - Non-Executive Independent Director and Chairperson of Corporate Social Responsibility Committee (Chandigarh)

Key Managerial Personnel Present:

  • Mr. Prapul Sridhar - Chief Financial Officer (Bengaluru)
  • Mr. Arjun Sunil Makhecha - Company Secretary & Compliance Officer (Bengaluru)

Auditors and Scrutinizer Present:

  • Ms. Madhavi Kalva - Partner, Deloitte Haskins & Sells, Statutory Auditors (Hyderabad)
  • Mr. Murtuza Dohadwala - Director, Deloitte Haskins & Sells, Statutory Auditors (Bengaluru)
  • Mr. Pradeep B Kulkarni - Partner, M/s. V Sreedharan and Associates, Secretarial Auditor (Bengaluru)
  • Dr. Shobha Shridhar - Partner, M/s. V Sreedharan and Associates, Secretarial Auditor (Bengaluru)
  • Mr. B Hemanth - Partner, M/s. Hemanth, Holla & Co., Scrutinizer for remote e-voting (Bengaluru)

Shareholder Participation:

  • Total shareholders present: 108 through Video Conferencing/Other Audio-Visual Means
  • Quorum: Requisite quorum was present as per Section 103 of Companies Act, 2013

Proposed Resolutions

The following six resolutions were placed before shareholders for consideration:

Ordinary Business:

1. To receive, consider, and adopt the 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 the Auditors thereon.

2. To receive, consider and adopt the Audited Consolidated Financial Statements along with the Auditor's Report of the Company for the Financial Year ended March 31, 2026.

3. To appoint Mr. Anish Thurthi (DIN: 08713000) as a Director, liable to retire by rotation and being eligible, offers himself for re-appointment.

Special Business:

4. To approve borrowing limits beyond paid-up capital and free reserves under Section 180(1)(c) of the Companies Act, 2013.

5. To approve creation of charges, securities on the properties/assets of the Company, under Section 180(1)(a) of the Companies Act, 2013.

6. To approve increase in limits for making investments/extending loans and giving guarantees or providing securities in connection with loans to persons/bodies corporate under Section 186 of the Companies Act, 2013.

Voting Process and Methods

The Company provided two methods for voting:

Remote E-Voting:

  • Facility provided to all shareholders as of cut-off date: Monday, August 24, 2026
  • Voting period: Thursday, August 27, 2026 at 09:00 A.M. (IST) to Sunday, August 30, 2026 at 05:00 P.M. (IST)
  • Platform: Central Depository Services (India) Limited (CDSL)

E-Voting During Meeting:

  • Shareholders who did not participate in remote e-voting could cast votes during the meeting
  • Voting was available for 15 minutes during the AGM
  • Same CDSL platform was used

Scrutinizer Appointment:

  • Mr. B Hemanth from M/s. Hemanth, Holla & Co. was appointed as Scrutinizer
  • Responsible for ensuring the e-voting process and submitting report on results

Compliance with Regulations

The meeting was conducted in compliance with:

  • General Circular Nos. 14/2020 dated April 08, 2020
  • Circular No. 17/2020 dated April 13, 2020
  • Circular No. 20/2020 dated May 05, 2020
  • General Circular No. 03/2025 dated September 22, 2025 issued by MCA
  • Companies Act, 2013
  • SEBI Listing Obligations and Disclosure Requirements Regulations, 2015

Additional Proceedings

  • The Chairman delivered a speech on company performance for FY ended March 31, 2026
  • Mr. Kamal Pal Hoda, CEO, addressed shareholders
  • 7 shareholders requested to speak, 4 joined the meeting
  • Q&A session was conducted where all shareholder queries were addressed by management
  • Statutory registers and documents were made available electronically for inspection
  • Proxy facility was not applicable due to virtual meeting format

Results Disclosure

  • Scrutinizer's report to be submitted post-meeting
  • Voting results to be intimated to stock exchanges within 2 working days from AGM conclusion
  • Results will be available on company website (www.bluspring.com) and CDSL website