Meeting Details and Voting Process
- Date: Friday, September 25, 2026
- Time: 11:00 a.m. IST
- Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Cut-off/Record Date: Thursday, September 18, 2026 for determining voting eligibility
- Remote e-voting period: September 22-24, 2026 via InstaVote platform
- Scrutinizer: Mr. Mihen Halani of M/s. Mihen Halani & Associates appointed to oversee voting process
Financial Performance Highlights (FY 2025-26)
Revenue from operations: ₹31,338.08 lakhs (22% growth YoY)
Profit after tax: ₹3,820.54 lakhs (15% growth YoY)
Total assets: ₹83,681.51 lakhs
Earnings per share: Basic ₹1.46, Diluted ₹1.45
Audit opinion: Unmodified opinion with emphasis on revenue recognition and AI software development as key audit matters
Proposed Resolutions and Voting Outcomes
All resolutions were approved with required majority:
Ordinary Business:
ITEM NO. 1: Adoption of audited financial statements for FY 2025-26
ITEM NO. 2: Re-appointment of Mrs. Shalini Pritamdasani (DIN: 00073508) who retires by rotation
Special Business:
ITEM NO. 3: Approval for providing loans/advances to One Point One Technology Labs Pvt. Ltd. (subsidiary) up to ₹50 Crores at 9.5% interest
ITEM NO. 4: Approval for investments in any body corporate and loans/guarantees to bodies corporate up to ₹500 Crores aggregate limit
ITEM NO. 5: Approval for borrowing by Board of Directors up to ₹500 Crores outstanding at any point (existing borrowings: ₹250 crores)
ITEM NO. 6: Approval for preferential issue of 15,00,000 warrants convertible into equity shares to Raavi Enterprise (Non-Promoter) at ₹60 per warrant, raising ₹9 crore
Significant Corporate Developments
Acquisition: Completed acquisition of Netcom Group through One Point One Solutions Mena Holdings Ltd for USD 33.37 million, adding ₹315.96 crore goodwill and expanding Latin American presence
Capital work in progress: ₹729.27 crore primarily for AI-related software development
Corporate guarantees: ₹14,661.95 lakhs provided on behalf of subsidiary to Axis Bank
CSR expenditure: ₹65.40 lakhs spent as required under Companies Act
Shareholder Structure and Participation
Promoter Group Holding: 52.31% (13,75,34,347 shares)
Non-Promoter Holding: 47.69% (12,54,02,429 shares)
Institutional Investors: 7.98%
Non-Institutional Investors: 39.72%
Signatories and Management
Company Secretary and Compliance Officer: Pritesh Sonawane
Chairman & Managing Director: Akshay Chhabra (DIN: 00958197)
Whole Time Director: Akashanand Karnik (DIN: 07060993)
Auditors: For S I G M A C & CO, Chartered Accountants represented by Rahul Sarda (Partner)
Chief Financial Officer: Sunil Kumar Jha
Additional Information
- Annual Report dispatched to members via email on September 2, 2026
- Documents available on company website (www.1point1.com) and stock exchange websites
- Foreign operations expanded to USA, UK, Singapore, MENA region, and Latin America post-Netcom acquisition
- Segment reporting primarily focused on Business Process Outsourcing services