Key Event and Dates
- The proposal for revision in remuneration terms was approved by shareholders in the Annual General Meeting held on September 21, 2026.
- The revised remuneration is effective from the financial year 2026-27.
- This filing, dated September 22, 2026, serves as an official intimation to BSE Limited and is a continuation of a prior intimation made on August 22, 2026.
Details of Revision in Remuneration
The following revisions in remuneration were approved for the managerial personnel:
1. Mr. Madhusudhan Varma Jetty (Managing Director)
- DIN: 02247769
- Revised Remuneration: ₹1,44,00,000 (One Crore Forty-Four Lakh Rupees) + Perquisites + 1.5% of Net Profit
2. Mrs. Radhika Varma Jetty (Whole-time Director)
- DIN: 03370284
- Revised Remuneration: ₹48,00,000 (Forty-Eight Lakh Rupees) + Perquisites + 0.5% of Net Profit
3. Mr. Jetty Shashank Varma (Whole-time Director and CEO)
- DIN: 03370303
- Revised Remuneration: ₹60,00,000 (Sixty Lakh Rupees) + Perquisites + 3% of Net Profit
4. Mr. Hitesh Varma Jetty (Whole-time Director)
- DIN: 10648537
- Revised Remuneration: ₹60,00,000 (Sixty Lakh Rupees) + Perquisites + 3% of Net Profit
Relationships Among Directors
All four managerial personnel are related to each other:
- Mr. Madhusudhan Varma Jetty is the spouse of Mrs. Radhika Varma Jetty and the father of Mr. Jetty Shashank Varma and Mr. Hitesh Varma Jetty.
- Mrs. Radhika Varma Jetty is the spouse of Mr. Madhusudhan Varma Jetty and the mother of Mr. Jetty Shashank Varma and Mr. Hitesh Varma Jetty.
- Mr. Jetty Shashank Varma is the son of Mr. Madhusudhan and Mrs. Radhika Varma Jetty and the brother of Mr. Hitesh Varma Jetty.
- Mr. Hitesh Varma Jetty is the son of Mr. Madhusudhan and Mrs. Radhika Varma Jetty and the brother of Mr. Jetty Shashank Varma.
Financial Impact
The financial impact of the revised remuneration is directly linked to the company's future performance, as it includes a variable component based on a percentage of Net Profit for FY 2026-27 onwards. The exact monetary impact is contingent on the company's profitability.
Submission and Authentication
The disclosure was submitted to BSE Limited by Kameswara Rao Vempati, Company Secretary and Compliance Officer (Membership No. F14285) of Digilogic Systems Limited. The annexure was digitally signed on September 23, 2026, at 18:51:08 IST.