AGM Details

  • 41st Annual General Meeting
  • Date: Wednesday, 30 September 2026
  • Time: 04:00 PM (IST)
  • Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • E-voting period: Sunday, 27 September 2026 at 9:00 AM to Tuesday, 29 September 2026 at 5:00 PM (IST)

Specific Update to Agenda Item 4

Revision in Remuneration of Mr. Bharat Kumar Kakkireni (DIN: 06781591)

The addendum proposes a special resolution to revise the remuneration of Mr. Bharat Kumar Kakkireni, Whole-time Director and Chief Executive Officer of the company:

Current Remuneration: ₹1,00,000 per month (₹12,00,000 per annum)

Proposed Remuneration: ₹4,00,000 per month (₹48,00,000 per annum)

Effective Date: 01 October 2026

Regulatory Framework

The revision is proposed under:

  • Sections 196, 197, 198 and other applicable provisions of the Companies Act, 2013
  • Schedule V to the Companies Act, 2013
  • Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Financial Context and Justification

The Nomination and Remuneration Committee and Board of Directors (meeting held on 08 September 2026) recommended this revision based on:

  • Increased scale of company operations: Revenue from operations increased from ₹6.63 lakh in FY 2024-25 to ₹99.99 lakh in FY 2025-26
  • Mr. Kakkireni's responsibilities and contribution during the company's revival phase
  • Company's Remuneration Policy considering industry patterns, qualifications, experience, responsibilities and individual performance

Financial Performance Background

FY 2025-26:

  • Revenue from operations: ₹99.99 lakh
  • Loss before tax: ₹30.80 lakh
  • Net loss after tax: ₹30.80 lakh

FY 2024-25:

  • Revenue from operations: ₹6.63 lakh
  • Loss before tax: ₹35.03 lakh
  • Net loss after tax: ₹35.03 lakh

Inadequate Profits Provision

As the company incurred losses during FY 2025-26 and has inadequate profits, the proposed remuneration is payable in accordance with Section II of Part II of Schedule V to the Companies Act, 2013.

The company's effective capital is less than ₹5 crores, for which the maximum yearly remuneration payable to a managerial person is ₹60 lakh. The proposed remuneration of ₹48,00,000 per annum is within this limit.

Director Background Information

Mr. Bharat Kumar Kakkireni (DIN: 06781591)

  • Appointed as Whole-time Director at Extra-ordinary General Meeting held on 29 December 2025
  • Also functions as Chief Executive Officer of the company
  • Qualifications: Master's in Management, Master's in Information Systems & Security (United States)
  • Experience: 15+ years in technology, business management, digital transformation, and entrepreneurship
  • Recognition: Forbes Business Council Member 2024, Top 10 Most Dynamic Entrepreneurs of the Year 2023, Bharath Bhushan National Award 2024
  • No pecuniary relationship with the company other than proposed remuneration and any shareholding
  • Not related to any other Director or Key Managerial Personnel of the company

Additional Resolutions

The resolution authorizes the Board of Directors (including Nomination and Remuneration Committee) to:

  • Alter and vary the terms and conditions of remuneration from time to time within prescribed limits
  • Take all necessary steps to give effect to the resolution

Document Availability

The addendum and AGM notice are available on:

  • Company website: https://www.uniprolimited.com/investor-corner.php
  • BSE Limited website: www.bseindia.com
  • CDSL e-voting website: https://www.evotingindia.com

Voting Information

All processes and instructions for remote e-voting and e-voting during the AGM as set out in the original AGM notice apply to this resolution. The addendum forms an integral part of the AGM notice dated 08 September 2026.

All other agenda items except Agenda Item No. 4 remain unchanged from those previously notified.