Meeting Details

The 33rd Annual General Meeting was held on Saturday, August 29, 2026, commencing at 09:30 A.M. and concluding at 10:50 A.M. Indian Standard Time. The meeting was conducted entirely through Video Conferencing (VC) / Other Audio Visual Means facility, in compliance with General Circulars issued by the Ministry of Corporate Affairs (MCA) and applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations. There was no physical arrangement for the meeting or appointment of proxies.

Proposed Resolutions and Implications

The AGM agenda included eight resolutions for shareholder approval:

Ordinary Business:

  • Item 2: To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with the Reports of the Auditors and Board of Directors.
  • Item 3: To receive, consider and adopt the Audited Consolidated Financial Statements for the financial year ended March 31, 2026 together with the Report of the Auditors.
  • Item 4: To declare final dividend on equity shares for the financial year ended March 31, 2026.
  • Item 5: To appoint a director in place of Mr. Ashok Atluri (DIN: 00056050), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business:

  • Item 6: Ratification of remuneration payable to Cost Auditors for the financial year 2026-27.
  • Item 7: Appointment of Mr. Jasthi Krishna Kishore (DIN: 08001625) as an Independent Director of the Company.
  • Item 8: Appointment of Ms. Uma Priyadarshini Kollareddy (DIN: 02736184) as an Independent Director of the Company.
  • Item 9: Re-appointment of Mrs. Shilpa Choudari (DIN: 06646539), as a Whole Time Director of the Company.

The appointments of new independent directors were aimed at strengthening the Board with diverse experience, while the re-appointments maintained leadership continuity.

Voting Process and Methods

The voting was conducted exclusively through e-voting facilities. Mr. D. S. Rao, Practicing Company Secretary, was appointed as the Scrutinizer for the AGM. The e-voting facility remained open during the meeting for an additional 15 minutes to allow shareholders who hadn't voted earlier to cast their votes. The Company Secretary confirmed that all requisite steps were taken to enable members to participate and vote on the business items.

Key Voting Outcomes and Participation

Total shareholder attendance through video conferencing: 69 members

  • Promoters and Promoter Group: 12 members
  • Public shareholders: 57 members

The document notes that the results of the e-voting would be declared within the statutory timeline and disseminated to the stock exchanges. The Scrutinizer's Report along with e-voting results would be placed on the Company's website within the prescribed time period.

Scrutinizer's Role and Compliance

Mr. D.S. Rao, Company Secretary in Practice, served as the Scrutinizer for the meeting. The Company confirmed that statutory registers and the Secretarial Auditor's Certificate confirming that ESOP Schemes have been implemented as per SEBI Regulations were available for inspection. The Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications, reservations, adverse remarks, or disclaimers with material bearing on the Company's functioning.

Additional Proceedings

The meeting included acknowledgments of departing directors Dr. Ajay Kumar Singh and Ms. Sirisha Chintapalli, with appreciation for their contributions. Chairman Ashok Atluri presented an overview of the Company's FY 2025-26 performance, including operational and financial results, order book growth, strategic acquisitions, and expansion in simulation, anti-drone systems, drones, robotics, and other emerging platforms. He also discussed the Company's AI-native strategy and development of its sovereign defence-AI platform Samvid, plus sustainability and ESG initiatives.

Signatories and Compliance Confirmation

The document was signed by Sourav Dhar, Company Secretary & Compliance Officer, confirming compliance with all applicable regulations. The video recording of the AGM proceedings was made available on the Company's website at https://www.zentechnologies.com/general-meeting-outcome-results. The Company implemented its "Green Initiative" by emailing the Notice and Annual Report to all members, with physical copies dispatched only to those who requested them.