Meeting Details

  • Date: Monday, September 28, 2026
  • Time: 12:30 P.M.
  • Location: Conducted through Video Conferencing (VC) facility/Other Audio-Visual Means (OAVM)
  • Type of Meeting: Annual General Meeting

Proposed Resolutions and Implications

The AGM considered three ordinary business resolutions:

1. To receive, consider and adopt:

  • a) The Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors
  • b) The Audited Consolidated Financial Statements for the financial year ended March 31, 2026 together with report of Auditors

2. To declare a final dividend of ₹2 per equity share of face value ₹10 each for Financial Year 2025-26

3. To reappoint Mr. Deepak Chand Thakur (DIN: 06713945) as Director who retires by rotation

Voting Process

  • Remote e-voting facility was provided to members
  • Voting period: Wednesday, September 23, 2026 at 9:00 A.M. (IST) to Sunday, September 27, 2026 at 5:00 P.M. (IST)
  • E-voting remained open for 15 minutes after conclusion of AGM
  • Ms. Kala Agarwal, Practicing Company Secretaries, Mumbai was appointed as Scrutinizer to scrutinize remote e-voting and e-voting process

Attendance and Participation

  • Total shareholders on record date: 13,575
  • Members present through Video Conferencing: 39 total
  • Promoters and Promoter Group: 4 members
  • Public: 35 members
  • Directors Present:
  • Mr. Deepak Chand Thakur (Chairman and Managing Director)
  • Mr. Ashish Aggarwal (Joint Managing Director)
  • Mr. Ram Nirankar Rastogi (Independent Director)
  • Mr. Vijay Kumar Singh (Independent Director)
  • In Attendance:
  • Ms. Chetna Chawla (Company Secretary and Compliance Officer)
  • Mr. Inder Kumar Naugai (Chief Financial Officer)
  • Ms. Kala Agarwal (Secretarial Auditor)
  • Mr. Sameer Mahajan (Statutory Auditor)

Management Commentary

Mr. Deepak Chand Thakur addressed shareholders regarding:

  • Company's continuing transition towards SaaS-driven and technology-led business model
  • Bank-in-a-Box platform launched earlier during the year
  • Positive impact of MDR (Merchant Discount Rate) on business
  • Wholly-owned subsidiary in Dubai now fully functional and instrumental for global business targets
  • Significant internal initiatives in AI transformation to enhance operational efficiency

Voting Outcomes and Scrutinizer

Specific voting results and percentage breakdowns were not provided in the document. The Scrutinizer was appointed to ensure fair and transparent voting process.

Compliance Confirmation

The meeting was conducted in accordance with MCA and SEBI Circulars, specifically referencing SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Director Reappointment Details

  • Name: Deepak Chand Thakur
  • DIN: 06713945
  • Reason: Re-appointment pursuant to retirement by rotation
  • Designation: Executive Director
  • Date of Birth: December 28, 1981
  • Experience: Over 22 years of experience, previously with Spanco Limited as General Manager-Business Strategy and Frost & Sullivan as Senior Research Analyst
  • Responsibilities: Managing business, organizational growth and strategic planning
  • Debarment Status: Confirmed not debarred from holding office of Director pursuant to any SEBI order

Meeting Proceedings

The meeting commenced at 12:30 P.M. and concluded at 12:55 P.M. Three shareholders had registered as speakers but were not present when called upon.