Meeting Details

Date: Tuesday, 29th September 2026

Time: 10:00 AM to 10:55 AM IST

Location/Mode: Conducted through Video Conferencing/Other Audio-Visual Means. The Registered Office of the Company at Tower A, Ramky Selenium, Financial District, Nanakramguda, Hyderabad - 500 032 was deemed to be the venue.

Type of Meeting: 38th Annual General Meeting

Attendance

Directors Present:

  • Mr. Ramarao Atchuta Mullapudi - Managing Director
  • Ms. Vuppuluri Sreedevi - Whole-time Director
  • Mr. KV A Narasimha Raju - Independent Director, Chairman
  • Mr. Jagannatha Prasad Malireddy - Non-Executive Director
  • Mr. Srinivasa Raju Kosuri - Non-Executive Director

Director Not Present:

  • Mr. Saibaba Karuturi - Independent Director (due to unavoidable personal circumstances)

Members Present: 81 members attended through Video Conferencing/Other Audio-Visual Means.

Key Managerial Personnel Present:

  • Mr. Raghuram Kusuluri - Chief Financial Officer

Representatives / Special Invitees Present:

  • Representative of M/s. C. Ramachandram & Co., Chartered Accountants, Hyderabad (Statutory Auditors)
  • Representative of M/s. VCSR & Associates, Practicing Company Secretaries, Hyderabad (Secretarial Auditors and Scrutinizer for the AGM)

Summary of Proposed Resolutions

The following business items were transacted at the meeting:

ORDINARY BUSINESS

1. Adoption of the Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, together with the Reports of the Directors and Auditors thereon.

2. Reappointment of Ms. Vuppuluri Sreedevi (DIN: 02448540), who retired by rotation.

3. Reappointment of M/s C. Ramachandram & Co., Chartered Accountants (Firm Registration No. 002864S) as Statutory Auditors for a further term of five consecutive years from the conclusion of the 38th AGM until the conclusion of the 43rd AGM.

SPECIAL BUSINESS

4. Reappointment of Ms. Vuppuluri Sreedevi as Whole-time Director, designated as Executive Director, for a period of five consecutive years.

5. Appointment of Mr. Jitesh Raghu Mullapudi (DIN: 11878436) as a Non-Executive Non-Independent Director, liable to retire by rotation.

6. Appointment of Mr. Venkata Madhusudhana Rao Paladugu (DIN: 08644451) as an Independent Director for a first term of five consecutive years.

7. Approval of material related party transactions proposed to be entered into with the Company's subsidiaries, including XTGlobal, Inc., USA and Network Objects, Inc., USA, during FY 2026-27.

Voting Process

Voting on the business items was carried out through electronic means via the e-voting facility during the AGM, in compliance with Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014 and amendments thereto.

Scrutinizer's Role

M/s. VCSR & Associates, Practicing Company Secretaries, acted as the Scrutinizer for the AGM. The results of the remote e-voting and voting conducted during the AGM, together with the Scrutinizer's Report, were to be submitted to the Stock Exchanges and placed on the Company's website within the applicable timeline.

Compliance Confirmation

The Company Secretary confirmed that the meeting had the requisite quorum as prescribed under Section 103 of the Companies Act, 2013. The Notice dated 5th September 2026 and the Annual Report for FY ended 31st March 2026 had been circulated electronically to members. The Statutory and Secretarial Audit reports were noted to contain no qualifications, reservations, adverse remarks, or disclaimers requiring them to be read out.