Meeting Details
The 38th Annual General Meeting will be held at 10:00 AM on Tuesday, 29th September 2026 through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The deemed venue is the Registered Office of the Company.
Ordinary Business
1. Financial Statements Approval
To receive, consider, approve and adopt the audited stand-alone and consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Directors and Auditors thereon.
2. Reappointment of Director
To appoint Ms. Vuppuluri Sreedevi (DIN: 02448540), who retires by rotation and being eligible offered herself for reappointment as Whole Time Director.
3. Reappointment of Statutory Auditors
To reappoint M/s. C. Ramachandram & Co., Chartered Accountants (Registration No. 002864S) as Statutory Auditors from the conclusion of this Meeting for five years till the conclusion of the Forty Third Annual General Meeting, at a remuneration of ₹2,50,000/- plus goods and services tax as applicable, and reimbursement of out-of-pocket expenses.
Special Business
1. Reappointment of Ms. Vuppuluri Sreedevi as Whole-time Director
Reappointment as Whole-time Director (designated as Executive Director) for five years with effect from conclusion of AGM with remuneration of ₹12.00 Lacs per annum, Commission: Nil, Other Perquisites and Benefits: Nil, Sitting Fees: Nil.
2. Appointment of Mr. Jitesh Raghu Mullapudi as Non-Executive Non-Independent Director
Appointment of Mr. Jitesh Raghu Mullapudi (DIN: 11878436) as Non-Executive Non-Independent Director liable to retire by rotation. He is the son of Mr. Ramarao Atchuta Mullapudi, Managing Director of the Company.
3. Appointment of Mr. Venkata Madhusudhana Rao Paladugu as Independent Director
Appointment of Mr. Venkata Madhusudhana Rao Paladugu (DIN: 08644451) as Independent Director for a first term of five consecutive years commencing from conclusion of AGM and ending upon conclusion of AGM in 2031.
4. Approval of Material Related Party Transactions for FY 2026-27
Approval for transactions with related parties during financial year 2026-27:
| Related Party | Relationship | Nature of Transaction | Maximum Value |
| XTGlobal, Inc., USA | Wholly Owned Subsidiary | Software development services, IT & ITES services, consulting services, reimbursement of expenses, accounting services | Up to ₹200 Crores |
| Network Objects, Inc., USA | Subsidiary | Software development services, IT & ITES services, consulting services, reimbursement of expenses, accounting services | Up to ₹20 Crores |
Additional employee cost allocation/remuneration: Up to USD 10,00,000 through XTGlobal, Inc., USA and up to USD 4,00,000 through Network Objects, Inc., USA.
Voting and Meeting Procedures
Cut-off Date
September 23, 2026 for determining members eligible to vote
Register Closure
Register of Members and Transfer Book will be closed from September 23, 2026 to September 29, 2026 (both days inclusive)
Remote e-Voting Period
From 9:00 AM on Friday, 25 September 2026 to 5:00 PM on Monday, 28 September 2026 via https://evoting.kfintech.com
Scrutinizer
VCSR & Associates, Company Secretaries appointed to scrutinize e-voting process
VC/OAVM Access
Members can join meeting 15 minutes before scheduled time through https://emeetings.kfintech.com using remote e-voting credentials
Additional Information
Unclaimed Dividends
- 2023-24 Interim Dividend: ₹0.05 (5 paise) per share of ₹1/- face value
- 2025-26 Interim Dividend: ₹0.05 (5 paise) per share of ₹1/- face value
Registrar and Transfer Agent
KFin Technologies Limited, Selenium Building, Tower B, Plot Number 31-32, Gachibowli, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad, Telangana - 500 032
Company Secretary
Sridhar Pentela (M.No. A55735)