Meeting Details

The 9th Annual General Meeting was held on Monday, August 31, 2026, at 10:30 a.m. IST through Video Conferencing and Other Audio Visual Means (VC/OAVM). The deemed venue was the Registered Office of the Company at Plot No. 17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune - 411057, Maharashtra, India. The meeting was conducted in compliance with directives from the Ministry of Corporate Affairs and SEBI, and in accordance with the Companies Act, 2013.

Meeting Proceedings

Mr. Anant Talaulicar chaired the meeting with 82 members attending through VC/OAVM, constituting the requisite quorum. The meeting began with a tribute to Mr. S. B. (Ravi) Pandit, Co-founder and Promoter of the Company, who had passed away, with members observing a minute of silence.

Directors and Key Managerial Personnel present were introduced, while Prof. Rajiv Lal, Prof. Alberto Sangiovanni Vincentelli, Mr. Nishant Batra, Mr. Ramesh Raskar, and Mr. Srinath Batni were absent due to time zone differences and prior commitments. Statutory Auditors and representatives of Secretarial Auditors were present.

Mr. Kishor Patil, CEO and Managing Director, presented a business overview covering KPIT's market position, technology investments, Beacon product, FY26 performance, and FY27 outlook. The Notice, Board's Report, and Audited Financial Statements for FY 2025-26 were taken as read, with auditors' reports containing no qualifications.

Proposed Resolutions and Implications

The AGM considered ten resolutions comprising seven Ordinary Resolutions and three Special Resolutions:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 (Ordinary)

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 (Ordinary)

3. Declaration of final dividend of ₹5.25 per equity share of ₹10 each (52.5%) in addition to interim dividend of ₹2.25 per share (22.5%) (Ordinary)

4. Reappointment of Mr. Kishor Patil (DIN: 00076190) as Director retiring by rotation (Ordinary)

5. Approval to maintain remuneration limit payable to Non-Executive Directors for 5 years commencing FY 2026-27 (Special)

6. Reappointment of Ms. Bhavna Doshi (DIN: 00400508) as Independent Director for 5 years from September 15, 2026 to September 14, 2031 (Special)

7. Reappointment of Mr. Anup Sable (DIN: 00940115) as Whole-time Director for 5 years from December 22, 2026 to December 21, 2031 (Ordinary)

8. Reappointment of Mr. Chinmay Pandit (DIN: 07109290) as Whole-time Director for 5 years from July 26, 2027 to July 25, 2032 (Ordinary)

9. Appointment of Dr. Nirmala Pandit (DIN: 03621715) as Non-Independent Non-Executive Director for 3 years from July 29, 2026 to July 28, 2029 (Ordinary)

Voting Process and Methods

The voting process included remote e-voting prior to the meeting and e-voting during the AGM for members who had not voted remotely. Mr. Jayavant Bhave, Proprietor of J. B. Bhave & Co., Company Secretary in Whole-time Practice (Membership No: F4266), was appointed as Scrutinizer to scrutinize all votes cast.

Compliance and Reporting

The meeting was conducted in compliance with the Companies Act, 2013, SEBI LODR Regulations, and MCA/SEBI directives. The Scrutinizer's Report and voting results will be uploaded on the Company's website, BSE, NSE, and NSDL websites within the prescribed timeline under Regulation 44 of SEBI LODR Regulations.

Meeting Conclusion

The e-voting during the AGM was kept open for 15 minutes, and the meeting concluded at 12:08 P.M. IST. All resolutions were deemed passed on August 31, 2026, subject to receipt of requisite votes.