Meeting Details
The 6th Annual General Meeting was held on Friday, September 25, 2026. The meeting commenced at 01:00 PM (IST) and concluded at 01:21 PM (IST). It was conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM) facility. The meeting was convened in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI, in addition to the applicable provisions of the Companies Act, 2013 and rules made thereunder, and SEBI (LODR) Regulations, 2015.
Meeting Proceedings
Mr. Parth Shah, Chairman and Whole time Director, chaired the Meeting. The Company Secretary informed members that requisite quorum was present and called the meeting to order. Majority of the Directors of the Company were present, along with the Statutory Auditors and Secretarial Auditor of the Company. The Chairman addressed members about the company's performance during financial year 2025-2026 and provided outlook for financial year 2026-27.
Shareholders who had registered as speaker shareholders were invited to express their views and put forward queries, which were suitably replied by the Managing Director.
Resolutions Transacted
The following ten items of business were transacted at the meeting:
ORDINARY BUSINESS:
1. To receive, consider and adopt:
a. The Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors
b. The Audited Consolidated Financial Statements for the financial year ended March 31, 2026, together with Report of the Auditors
2. To appoint a director in place of Mr. Yash Himanshu Shah (DIN: 06698067), who retires by rotation and offered himself for re-appointment
SPECIAL BUSINESS:
3. To re-appoint Mr. Jaimin Jagdishbhai Shah (DIN: 00021880) as a Nominee Director on behalf of Dev Information Technology Limited
4. Appointment of M/s Murtuza Mandorwala and Associates, Practicing Company Secretary as the Secretarial Auditors of the Company
5. To alter the Object Clause of the Memorandum of Association of the Company
6. To alter the Articles of Association of the Company
7. To approve Loans, Guarantees, or Security under Section 185 of the Companies Act, 2013
8. Ratification of the Pre-IPO ESOP Scheme 'Dev Accelerator Limited Employee Stock Option Plan - 2023'
9. To approve proposed modifications in the Dev Accelerator Limited Employee Stock Option Plan - 2023
10. To approve extension of benefits of the amended Dev Accelerator Limited Employee Stock Option Plan - 2023 to eligible employees of the company's group companies including subsidiary companies and associate companies
Voting Process and Methods
The Company provided remote e-voting facility to members to cast votes electronically on all resolutions set out in the Notice. The remote e-voting period was from Tuesday, September 22, 2026 at 9:00 AM to Thursday, September 24, 2026 at 5:00 PM. The Company also provided e-voting facility to members present at the AGM through VC/OAVM who had not cast their votes through remote e-voting.
Voting Outcomes
All ten resolutions set out in the Notice were passed with requisite majority. The document does not provide specific vote counts or percentage breakdowns by shareholder category.
Compliance Statement
The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI, in addition to the applicable provisions of Companies Act, 2013 and rules made thereunder, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.