Meeting Details
- Date: Monday, September 7, 2026
- Time: Commenced at 5:00 PM, concluded at 5:57 PM, with e-voting extended until 6:12 PM
- Location: Held through Video Conference (VC)/Other Audio Visual Means (OAVM), deemed at the Registered Office of the Company
- Type: 44th Annual General Meeting
Proposed Resolutions and Implications
Three ordinary resolutions were proposed:
1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, together with Reports of Board of Directors and Statutory Auditors, and Audited Consolidated Financial Statements with Statutory Auditors' Report.
2. Confirmation of Interim Dividend payment and declaration of Final Dividend for FY 2025-26.
3. Re-appointment of Mr. Umang Nahata (DIN: 00323145) as a Director liable to retire by rotation.
Voting Process and Methods
- Remote e-voting: Provided by National Securities Depository Limited (NSDL), conducted from Thursday, September 3, 2026 (9:00 AM IST) to Sunday, September 6, 2026 (5:00 PM IST).
- E-voting at meeting: Members present through VC/OAVM who had not voted remotely were allowed to vote during the meeting.
- Scrutinizer: P. Mehta & Associates, represented by Mr. Prashant S. Mehta, was appointed to scrutinize the e-voting process.
- Cut-off date: Monday, August 31, 2026 for determining voting rights.
Key Voting Outcomes
Overall Participation
- Total shares outstanding: 3,10,02,407
- Total votes polled: 1,87,51,400 (60.4837% of outstanding shares) for Resolution 1; 1,87,57,994 (60.5050%) for Resolutions 2 and 3
Resolution 1: Adoption of Financial Statements
- Total votes in favor: 1,87,49,267 (99.9886% of votes polled)
- Total votes against: 2,133 (0.0114% of votes polled)
- Category-wise breakdown:
- Promoter & Promoter Group: 1,10,86,197 votes (100% in favor)
- Public-Institutions: 76,23,137 votes (99.9724% in favor, 0.027% against)
- Public-Non Institutions: 42,066 votes (99.9263% in favor, 0.074% against)
Resolution 2: Dividend Declaration
- Total votes in favor: 1,87,54,470 (99.9812% of votes polled)
- Total votes against: 3,524 (0.0188% of votes polled)
- Category-wise breakdown:
- Promoter & Promoter Group: 1,10,86,197 votes (100% in favor)
- Public-Institutions: 76,29,731 votes (99.9542% in favor, 0.0458% against)
- Public-Non Institutions: 42,066 votes (99.9263% in favor, 0.0737% against)
Resolution 3: Re-appointment of Director
- Total votes in favor: 1,84,48,514 (98.3501% of votes polled)
- Total votes against: 3,09,480 (1.6499% of votes polled)
- Category-wise breakdown:
- Promoter & Promoter Group: 1,10,86,197 votes (100% in favor)
- Public-Institutions: 76,29,731 votes (95.9450% in favor, 4.0550% against)
- Public-Non Institutions: 42,066 votes (99.7742% in favor, 0.2258% against)
Attendance
- Total shareholders attended: 42
- Promoters and Promoter Group: 18
- Public: 24
Scrutinizer's Role and Findings
- Mr. Prashant S. Mehta of P. Mehta & Associates was appointed scrutinizer by the Board on April 17, 2026.
- The scrutinizer unblocked electronic votes after conclusion of the AGM from NSDL's e-voting website.
- Responsibility was restricted to making a report of votes cast based on reports generated from NSDL's system.
- Confirmed all three ordinary resolutions were passed with requisite majority.
- Softcopy of voting details was handed over to Mrs. Reena Raje, Company Secretary.
Compliance with Laws and Regulations
- Conducted in compliance with Companies Act, 2013, Companies (Management and Administration) Rules, 2014, and SEBI Listing Regulations.
- Followed MCA Circulars permitting AGM through VC/OAVM (Circular nos. 03/2025, 09/2024, 09/2023, 10/2022, 14/2020, 17/2020, 20/2020).
- Notice dispatched on August 14, 2026 to members registered as of August 7, 2026.
- Newspaper advertisements published in Financial Express (English-Mumbai, Gujarati-Ahmedabad) and Lakshadeep (Marathi) on August 13 and 17, 2026.
- Results uploaded on company website (www.mastek.com) and NSDL website (www.evoting.nsdl.com).