Meeting Details

The 32nd Annual General Meeting of Subex Limited was held on Tuesday, August 04, 2026, at 2:00 PM (IST) through Video Conference/Other Audio-Visual Means (VC/OAVM). The meeting concluded at 3:02 PM (IST), excluding time allowed for e-voting.

The meeting was conducted in compliance with:

  • Ministry of Corporate Affairs General Circular No. 03/2025 dated September 22, 2025
  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Attendance

48 members attended the AGM through video conferencing/other audio-visual means.

Leadership and Participants

Mr. Murali Kalyanaraman was elected as Chairman for the AGM by unanimous decision of all directors.

Directors and Key Managerial Personnel present through Video Conference:

  • Ms. Nisha Dutt, Managing Director & CEO
  • Mr. Rupinder Goel, Independent Director
  • Mr. Murali Kalyanaraman, Independent Director
  • Mr. Venkata Erinti Narayana, Independent Director
  • Mr. Alok Ohrie, Independent Director
  • Mr. Stephane Raymond Marie Le Letty, Non-Executive and Non-Independent Director
  • Mr. Sumit Kumar, Chief Financial Officer
  • Mr. Ramu Akkili, Company Secretary & Compliance Officer

External representatives present:

  • M/s. MSKC & Associates LLP, Statutory Auditors
  • M/s. RSM Astute Consulting Private Limited, Internal Auditors
  • M/s. V. Sreedharan & Associates, Secretarial Auditors
  • M/s. BMP & Co. LLP, Scrutinizer for e-voting

Proceedings Summary

Mr. Ramu Akkili, Company Secretary & Compliance Officer, confirmed requisite quorum was present and welcomed shareholders. Electronic copies of the Annual Report for FY26 and Notice convening the 32nd AGM were sent to members by email to their registered email IDs.

Physical attendance of members was dispensed with in compliance with MCA Circular, making proxy appointments not applicable.

Ms. Nisha Dutt, Managing Director & CEO, addressed shareholders with highlights of financial performance, business initiatives, and other important company updates.

Registers required under Companies Act, 2013 were available for electronic inspection by members.

Business Transacted

Ordinary Business:

1. Consideration and adoption of Audited Financial Statements (including Audited Consolidated Financial Statements) for financial year ended March 31, 2026, together with Report of Board of Directors and Auditors thereon.

2. Appointment of director in place of Ms. Nisha Dutt (DIN: 06465957), who retires by rotation and offered herself for re-appointment.

Special Business:

3. Re-appointment of Mr. Rupinder Goel (DIN: 02693178) as an Independent Director of the Company for a second term.

Voting Process

Mr. Pramod S.M. (Membership No. 7834), Partner, BMP & Co, LLP, Company Secretaries, was appointed as Scrutinizer to scrutinize the e-voting process.

E-voting facility was provided by National Securities Depository Limited (NSDL) and kept open for 30 minutes during the meeting to enable shareholders to cast votes.

Consolidated voting results will be disseminated to BSE and NSE within two working days of conclusion of the meeting and made available on company website (www.subex.com) and NSDL website (https://www.evoting.nsdl.com/).

Auditor Reports

There were no qualifications or adverse remarks in the Statutory and Secretarial Auditor's Reports that required specific clarification.

Shareholder Engagement

Shareholders who registered as speakers were given opportunity to ask questions and seek clarifications, which were addressed during the meeting.

#Tags: #SubexLimited #AGM #Regulation30 #SEBIDisclosure #CorporateGovernance #Neutral