Meeting Details
- Date: Wednesday, September 30, 2026
- Type of Meeting: 31st Annual General Meeting
- Location: Conducted through Video Conferencing / Other Audio Visual Means (Deemed Venue: 2nd Floor, GHMC No- 3-260/KA/201/NR PLOT NO. 260, Guttala Begumpet, Kavuri Hills, Hyderabad- 500033, Telangana, India)
- Commencement Time: 12:30 p.m. (IST)
- Conclusion Time: 01:15 p.m. (IST)
Proposed Resolutions and Implications
The following 10 resolutions were proposed for shareholder approval:
Ordinary Business:
1. Consideration and adoption of 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 Auditors thereon.
2. Re-appointment of Statutory Auditors of the Company.
3. Appointment of Mr. Jonna Venkata Tirupati Rao (DIN: 07125471) as a Director liable to retire by rotation and eligible for re-appointment on the same terms and conditions.
Special Business:
4. Re-appointment of Mr. Jonna Venkata Tirupati Rao (DIN: 07125471) as a Managing Director of the Company.
5. Approval for material-related party transactions.
6. Re-appointment of Mr. Srinivas Maya (DIN: 08679514) as a Whole Time Director of the Company.
7. Appointment of Mr. Chandra Sekhar Dasaka (DIN: 05012419) as an Independent Director of the Company.
8. Increase in Authorised Share Capital of the Company.
9. Issuance of Equity Shares of the Company to Non-Promoters on preferential issue basis (Share Swap) in lieu of acquisition of stake in WEXL EDU Limited.
10. Raising of funds through issuance of Equity Shares of the Company by way of a Qualified Institutions Placement ("QIP") for an amount aggregating up to ₹200 Crores.
Voting Process and Methods
The Company provided remote e-voting facility to all members holding shares as on the cut-off date of Wednesday, September 23, 2026. The e-voting period commenced on Friday, September 25, 2026 at 09:00 a.m. and ended on Tuesday, September 29, 2026 at 05:00 p.m. Additionally, venue voting facility was provided during the AGM.
Key Voting Outcomes and Scrutinizer Details
Mr. Anil Kumar Rastogi, Practicing Company Secretary (Membership No. FCS1748), was appointed as the Scrutinizer to scrutinize the votes cast through remote e-voting and at the AGM. The document notes that the Consolidated Scrutinizer's Report in the prescribed format along with the detailed voting results (including total votes cast, percentage in favor and against, and participation breakdown by shareholder category) will be submitted to the Stock Exchanges within prescribed timelines pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015. These reports will be uploaded on the company website and stock exchange website.
Compliance Confirmation
The 31st AGM was held in compliance with all applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.
Signatories and Roles
- Sujata Suresh Jain: Company Secretary & Compliance Officer (Membership No: A59706) - signed the disclosure document
- Anil Thakur: Chairperson and Independent Director - presided over the meeting
- Anil Kumar Rastogi: Secretarial Auditor and Scrutinizer - responsible for vote scrutiny
Additional Information
The meeting included addresses from management about current and future prospects, corporate governance, and overall performance for FY26. The Statutory Auditor (M/s. Gorantla & Co) provided unqualified opinions on the financial statements, while the Secretarial Auditor (M/s. A.K. RASTOGI & ASSOCIATES) provided observations that were addressed in the Board of Directors' report. Voting lines remained open for 15 minutes after the meeting conclusion at 01:15 p.m. to allow members to vote.