Meeting Details
The 28th Annual General Meeting was held on Thursday, July 30, 2026, from 11:00 A.M. (IST) to 12:37 P.M. (IST) through Video Conferencing/Other Audio-Visual Means (VC/OAVM).
Attendance
A total of 90 Members representing 3,14,34,617 equity shares attended the Meeting. The requisite quorum was present.
Directors and Officials Present
The following Governing Board Members and officials attended the meeting:
- Shri Gurumoorthy Mahalingam - Chairperson and Public Interest Director (In person)
- Shri Nehal Vora - Managing Director & CEO (In person)
- Smt. Rajeshree Sabnavis - Public Interest Director and Chairperson of the Audit Committee (In person)
- Shri Ganesh Kumar - Public Interest Director and Chairperson of the Nomination & Remuneration Committee (Virtually)
- Shri Bharat Vasani - Public Interest Director and Chairperson of the Stakeholders Relationship Committee (In person)
- Prof. Varsha Apte - Public Interest Director and Chairperson of the Corporate Social Responsibility and Environment, Social & Governance Committee (Virtually)
- Shri Rajesh Tuteja - Public Interest Director (In person)
- Ms. Kamala Kantharaj - Non-Independent Director and Nominee of BSE Limited (Virtually)
- Shri Rajesh Kumar - Non-Independent Director and Nominee of Life Insurance Corporation of India (In person)
- Shri Amit Mahajan - Executive Director – Vertical 1 and Chief Technology Officer (In person)
- Smt. Nayana Ovalekar - Executive Director – Vertical 2 and Chief Regulatory Officer (In person)
The meeting was also attended by representatives of M/s. S. R. Batliboi and Co. LLP (Statutory Auditors) and M/s. Vatsal Doshi & Associates (Practicing Company Secretaries, Secretarial Auditors).
Scrutinizer Appointment
Shri Vatsal Doshi, Proprietor of M/s. Vatsal Doshi & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer to scrutinize the voting through electronic means.
Resolutions Considered
The following items of business were placed before Members for consideration and approval:
Ordinary Business:
1. To consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and the Statutory Auditors thereon (Ordinary Resolution)
2. To declare Final Dividend on Equity Shares of the Company for the financial year ended March 31, 2026 (Ordinary Resolution)
3. To consider and approve the appointment of Smt. Geetha Gangadharan (DIN: 11311971), in place of Ms. Kamala Kantharaj (DIN: 07917801), Non-Independent Director, who retires from office by rotation and being eligible, does not offer herself for re-appointment (Ordinary Resolution)
Special Business:
4. To consider and ratify the appointment of Shri Amit Mahajan (DIN: 06984769) as the Executive Director of the Vertical 1 (Critical Operations) of the Company to be categorized as Whole Time Director and approve the remuneration, along with other terms and conditions (Ordinary Resolution)
5. To consider and ratify the appointment of Smt. Nayana Ovalekar (DIN: 02195513) as the Executive Director of the Vertical 2 (Regulatory, Compliance, Risk Management & Investor Grievances) of the Company to be categorized as Whole Time Director and approve the remuneration, along with other terms and conditions (Ordinary Resolution)
Voting Process
The e-voting facility remained open for 15 minutes after the conclusion of the AGM to enable Members to cast their votes. The Company Secretary & Compliance Officer was authorized to declare the voting results upon receiving the Scrutinizer's report.
Audit Reports
The Company Secretary & Compliance Officer informed that:
- The Statutory Auditors' Report did not contain any qualifications, reservations, adverse remarks or disclaimers
- The Secretarial Audit Report of the Company did not contain any qualifications, reservations, adverse remarks or disclaimers
Result Dissemination
The voting results were to be disseminated within two working days after the conclusion of the Meeting to the Stock Exchange and uploaded on the website of the Company and that of MUFG Intime India Private Limited, the e-voting service provider.
Meeting Outcome
All resolutions set forth in the 28th AGM Notice were passed with the requisite majority. The meeting concluded at 12:37 P.M. (IST).
Compliance Statement
The AGM was held in accordance with the provisions of the Companies Act, 2013, read with applicable Circulars and Notifications issued by the Ministry of Corporate Affairs (MCA) and SEBI.