Meeting Details

The 11th Annual General Meeting will be held on Tuesday, September 29, 2026, at 11:30 AM IST at the Registered Office of the Company at Plot No. D-41, Patrakar Colony, Near Jawahar Nagar, Moti Dungri Vistar Yojna, Raja Park, Jaipur – 302004, Rajasthan.

Proposed Resolutions and Implications

Ordinary Business:

  • Adoption of audited standalone and consolidated financial statements for FY 2025-26
  • Re-appointment of Mr. Kapil Garg (DIN: 07143551) as Whole-time Director, who retires by rotation

Special Business:

  • Approval of Material Related Party Transaction with Bitguardian GmbH: Seeking shareholder approval for transactions up to ₹11 crore
  • Approval of Material Related Party Transaction with Digital Protection Services SRL: Seeking shareholder approval for transactions up to ₹11 crore

The implications include continuity of leadership with Mr. Kapil Garg's re-appointment, shareholder approval of financial statements, and authorization of significant related party transactions.

Voting Process and Methods

The voting will be conducted through:

  • Remote e-voting facility provided by NSDL (September 26-28, 2026)
  • Physical polling at the AGM venue
  • Proxy voting allowed (must be deposited 48 hours before meeting)

Scrutinizer: M/s. Abhishek Goswami & Co., Practicing Company Secretary appointed as scrutinizer.

Financial Performance Highlights

Standalone Financials (₹ in lakhs):

  • Revenue from Operations: 4,590.06 (FY25: 4,327.85) - ↑8.59%
  • Profit After Tax: 3,201.62 (FY25: 2,957.91) - ↑8.23%
  • EPS: ₹15.56 (FY25: ₹14.43)

Consolidated Financials (₹ in lakhs):

  • Revenue from Operations: 13,230.74 (FY25: 10,347.97) - ↑27.86%
  • Total Income: 14,557.31 (FY25: 11,385.68) - ↑27.86%
  • Profit After Tax: 3,658.58 (FY25: 4,470.92) - ↓18.17%
  • EPS: ₹17.78 (FY25: ₹21.81)
  • Total Assets: ₹365.01 crore (FY2025: ₹278.20 crore)
  • Total Equity: ₹279.34 crore (FY2025: ₹211.16 crore)

Corporate Developments

  • Authorized Share Capital increased from ₹21.00 crore to ₹22.00 crore
  • Allotted 8,60,000 warrants convertible into equity shares raising ₹17.22 crore
  • Paid-up Share Capital as of March 31, 2026: ₹20.66 crore
  • No dividend recommended for FY 2025-26
  • Retained Earnings: ₹14,368.89 lakhs (standalone)

Subsidiary Structure

The Company has seven subsidiaries including three material ones:

1. Innovana Techlabs Limited (Wholly-owned, Material)

2. Innovana Fitness Labs Limited (73.09% owned, Material)

3. Innovana Astro Services Limited (86.02% owned, Material)

4. Innovana Green Energy Private Limited (65% owned, incorporated May 5, 2025)

5. Innovana Games Studio Limited (Wholly-owned)

6. Innovana Infrastructure Limited (Wholly-owned)

7. I Solve Software Services Limited (Wholly-owned)

Compliance and Governance

  • Board met 10 times during FY25-26 with 6 Directors
  • All committees (Audit, NRC, Stakeholders Relationship, CSR) functioning effectively
  • Secretarial Audit Report confirms no instances of non-compliance
  • No fraud reported by any auditors
  • No sexual harassment complaints received
  • Compliance with Companies Act, 2013; SEBI LODR Regulations; and Indian Accounting Standards
  • Equity shares listed on BSE (Scrip Code: 544302) and NSE (Symbol: INNOVANA)
  • Promoter Holding: 72.65% as of March 31, 2026

Additional Information

  • CSR expenditure: ₹67.42 lakhs
  • Significant capital work in progress of ₹5.40 crore for building extension
  • Intangible assets under development of ₹15.06 crore for software development
  • All related party transactions at arm's length, duly approved
  • No material changes or commitments affecting financial position post year-end