Meeting Details

The 27th Annual General Meeting was held on Wednesday, August 19, 2026 at 9:30 a.m. IST through Video Conferencing/Other Audio Visual Means. The meeting complied with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI).

Attendance

86 members attended the meeting through video conferencing. The requisite quorum was present throughout the meeting, which commenced at 9:30 a.m. and concluded at 10:20 a.m. IST.

Key Personnel Present

Directors and KMPs in attendance included:

  • Mr. S Krishnan, Chairman of the Audit Committee (who chaired the meeting)
  • Ms. Amrita Gangotra, Chairperson of Stakeholder Relationship Committee and Risk Management Committee
  • Mr. B J Arun, Chairman of Nomination and Remuneration Committee
  • Mr. Rajiv Agarwal, Chairman of Sustainability and Corporate Social Responsibility Committee
  • Mr. Pravin Agarwal, Vice Chairman and Whole-time Director
  • Mr. Ankit Agarwal, Managing Director
  • Mr. Venkatesh Murthy, Whole-time Director
  • Mr. Ajay Jhanjhari, Chief Financial Officer

Representatives of Statutory Auditors and Secretarial Auditor were also present.

Voting Process

Remote e-voting was open from August 16, 2026 (9:00 a.m.) to August 18, 2026 (5:00 p.m.). Electronic voting was also available during the AGM for members who had not already voted remotely. Mr. B. Narasimhan (Proprietor, BN & Associates) was appointed as Scrutinizer for both remote e-voting and e-voting at the AGM.

Resolutions Considered and Results

All six resolutions were passed with requisite majority:

Ordinary Business:

1. Adoption of Financial Statements - To receive, consider and adopt:

  • Audited Standalone Financial Statements for year ended March 31, 2026 and reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for year ended March 31, 2026 and Report of Auditors
  • Result: 33,36,02,630 votes in favor (99.999%), 3,163 votes against (0.001%), 5,95,384 abstained/less voted

2. Re-appointment of Director - To appoint Mr. Venkatesh Murthy (DIN 08567907) who retires by rotation

  • Result: 26,57,29,290 votes in favor (79.648%), 6,79,07,642 votes against (20.352%), 5,70,245 abstained/less voted

Special Business:

3. Re-appointment of Managing Director - To approve re-appointment of Mr. Ankit Agarwal (DIN: 03344202) as Managing Director

  • Mr. Ankit Agarwal did not participate in voting on this item
  • Result: 31,89,42,573 votes in favor (96.151%), 7,27,68,263 votes against (3.849%), 24,90,341 abstained/less voted

4. Remuneration Approval - To approve payment of remuneration to Mr. Ankit Agarwal, Managing Director

  • Mr. Ankit Agarwal did not participate in voting on this item
  • Result: 32,78,91,706 votes in favor (98.849%), 38,18,743 votes against (1.151%), 24,90,728 abstained/less voted

5. Commission Payment - To approve payment of commission to Independent Non-executive Directors

  • Result: 29,49,11,620 votes in favor (88.395%), 3,87,19,173 votes against (11.605%), 5,70,384 abstained/less voted

6. Cost Auditor Remuneration - To ratify remuneration of Cost Auditor (Ordinary Resolution)

  • Result: 33,36,24,930 votes in favor (99.998%), 5,615 votes against (0.002%), 5,70,632 abstained/less voted

Document Distribution

The Notice of AGM along with Annual Report 2025-26 was sent by email to 223,204 members whose email IDs were available. For 4,604 members without registered email addresses, a letter was sent stating the web-link and navigation path to access the Annual Report, in compliance with Regulation 36(1) of SEBI Listing Regulations.

Voting Statistics

Total members who cast votes: 492 (455 through remote e-voting, 37 through e-voting at meeting)

Total shares represented: 33,42,01,177 shares (33,19,26,444 through remote e-voting, 2,74,729 through e-voting at meeting)

Additional Information

The Auditors' report did not contain any qualifications/modified opinion or adverse remarks. All necessary documents and registers were available for electronic inspection as required by MCA circulars and Companies Act, 2013.

The scrutinizer's report and voting results are being uploaded on the company's website (www.stl.tech), stock exchange websites (BSE and NSE), and KFin Technologies Limited's website (https://evoting.kfintech.com).