Meeting Details
The 20th Annual General Meeting was held on Monday, September 21, 2026, through video conferencing (VC) in accordance with the Companies Act, 2013 and SEBI LODR Regulations. The meeting commenced at 05:30 p.m. IST and concluded at 07:11 p.m. IST.
Attendees
Chairman: Mr. Berjis Desai, Chairman of the Board
Directors and Key Managerial Personnel Present:
- Dr. Mary Klotman - Non-executive Director
- Dr. Garheng Kong - Independent Director
- Ms. Theresa Stone - Independent Director
- Mr. Clarence Carleton King II - Independent Director and Chairman of the Audit Committee & the Nomination and Remuneration Committee
- Dr. Keith Jones - Independent Director
- Mr. Utpal Sheth - Non-executive Director
- Mr. Amit Goela - Non-executive Director
- Mr. Sachin Gupta - Non-executive Director & Global CEO
- Mr. Joseph Benardello - Non-executive Director
- Ms. Nithya Balasubramanian - Whole-time Director & Chief Financial Officer
- Mr. Sameer Chavan - Company Secretary & Compliance Officer
Other Attendees:
- 56 Members were present at the meeting
- Representatives of Statutory Auditors - Price Waterhouse Chartered Accountants LLP
- Secretarial Auditors for FY 2025-26 - M/s. Manish Ghia & Associates
- Scrutinizer - Mr. Vicky Kundaliya
Resolutions Considered
The following five resolutions were transacted at the AGM:
Ordinary Business:
1. To consider and adopt the Audited standalone and consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Board of Directors and Auditors' thereon (Ordinary Resolution)
2. To appoint a director in place of Mr. Amit Goela (DIN: 01755804) who retires by rotation and being eligible, offers himself for re-appointment (Ordinary Resolution)
3. Retirement by rotation of Mr. Berjis Desai (DIN: 00153675), who retires by rotation and does not offer himself for re-appointment (Ordinary Resolution)
Special Business:
4. Amendment to the Employee Stock Option Plan 2022 of The Company (Special Resolution)
5. Extension of Benefits of the Employee Stock Option Plan 2022 to the employees of Group Companies, Subsidiaries or Associate Companies (Special Resolution)
Voting Process and Methods
The e-voting was conducted on the platform of NSDL. The e-voting facility was kept open for 30 minutes after the conclusion of the meeting to enable Members to cast their vote. The combined results of e-voting (remote e-voting and e-voting at the AGM) along with the consolidated Scrutinizer's Report were to be declared/communicated within prescribed timelines post-meeting.
Key Proceedings
- The Notice convening the AGM and the Annual Report for FY26 were taken as read as they were already circulated to Members
- There were no qualifications or adverse remarks in the Statutory Auditors Report or Secretarial Audit Report
- Mr. Sachin Gupta (Non-Executive Director & Global CEO) and Ms. Nithya Balasubramanian (Whole-time Director & CFO) made a presentation on company performance
- Shareholders were given opportunity to express views and seek clarifications
- The Chairman and management responded to questions raised by Members
- Mr. Sachin Gupta thanked Mr. Berjis Desai for his contribution as Chairman
Compliance and Documentation
- The meeting was conducted in compliance with Companies Act, 2013, SEBI LODR Regulations, and relevant MCA and SEBI circulars
- The Register of Directors and Key Managerial Personnel and their Shareholdings, Register of Contracts, Employee Stock Option Plan 2022 and other relevant documents were available electronically for inspection by Members