Meeting Details and Voting Process

  • 31st AGM Date: August 11, 2026 at 11:30 AM via Video Conferencing
  • Remote e-voting period: August 7, 2026 (9:00 AM) to August 10, 2026 (5:00 PM)
  • Cut-off date for voting rights: August 4, 2026
  • Scrutinizer: Mr. Harish Chawla of M/s CL & Associates appointed to oversee voting process

Proposed Resolutions and Corporate Actions

The AGM will consider:

1. Adoption of audited financial statements for FY 2025-26

2. Declaration of final dividend of ₹18 per equity share (360% on face value ₹5)

3. Re-appointment of JS Deepak as Non-executive Director

4. Appointment of Statutory Auditors for next term

5. Amendment in Object Clause of Memorandum of Association

6. Approval of Material Related Party Transactions with Bharti Airtel Limited (up to ₹42,000 million)

7. Approval of Material Related Party Transactions with Indus Towers Limited (up to ₹20,000 million)

Key Financial Performance Highlights (FY 2025-26)

  • Revenue: ₹93,538 million (9.4% growth YoY from ₹85,479 million)
  • EBITDAaL: ₹44,563 million (17.9% growth YoY)
  • Net Profit: ₹17,332 million (previous: ₹14,936 million)
  • EPS: ₹34.66 (previous: ₹29.87)
  • Mobile ARPU: ₹252 (4.5% growth YoY)
  • Capex: ₹15,210 million
  • Recommended Dividend: ₹18 per share (80% increase from previous ₹10)
  • Customer Base: 29.6 million total customers

Operational and Market Position

  • Network Expansion: Added 245 towers and 3,657 mobile broadband base stations
  • Market Position: #1 in North-East, #2 in Rajasthan with 46% revenue market share
  • 5G Deployment: Fully standalone ready network with dual-mode support
  • AI Implementation: AI-powered anti-spam solution blocked 5.1 billion spam calls
  • Green Initiatives: 75% green sites, 6,470 solarized towers

Shareholding and Corporate Governance

  • Promoter holding: 70% (Bharti Airtel Limited)
  • Public holding: 30% with top shareholders including Telecommunications Consultants India Limited (15%)
  • Board Composition: 10 Directors (4 Non-executive, 6 Independent including 1 woman director)
  • Compliance: No material penalties or strictures from regulatory authorities
  • Policies: Implemented Code of Conduct, CSR Policy, Dividend Distribution Policy, and Whistle Blower Policy

Dividend and Shareholder Information

  • Final dividend recommended: ₹18 per equity share
  • Record date: July 31, 2026
  • Payment: Within 30 days of AGM approval
  • Previous dividends: ₹10 (2024-25), ₹4 (2023-24), ₹3 (2022-23)
  • Unclaimed Dividend: ₹0.11 million for 2024-25 and ₹0.06 million for 2023-24

Risk Factors and Contingencies

  • Regulatory Contingencies: Disclosed contingent liabilities of ₹1,611 million relating to various tax and regulatory disputes
  • Foreign Exchange Risk: Company hedges foreign exchange exposure for imports and borrowings as per policies

Signatories and Auditors

For the Board: Marut Dilawari (CEO), JS Deepak (Chairman), Karthikeyan Velu (CFO), Amit Chaturvedi (Company Secretary)

Auditors: Deloitte Haskins & Sells LLP (Statutory), Makarand M. Joshi & Co. (Secretarial), Sanjay Gupta & Associates (Cost)

The company confirms full compliance with all applicable provisions of the Companies Act, 2013, SEBI Listing Regulations, and other relevant laws, with all related party transactions conducted at arm's length.