Meeting Details and Voting Process

  • Date and Time: Monday, August 31, 2026 at 5:30 p.m. IST
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • Deemed Venue: Palm Court, Building-M, 501/B, 5th Floor, New Link Road, Malad (West), Mumbai
  • Cut-off Date: August 24, 2026 for determining voting eligibility
  • Remote e-voting: August 26, 2026 (9:00 a.m. IST) to August 30, 2026 (5:00 p.m. IST)
  • Scrutinizer: Mr. Vijay Babaji Kondalkar, Practicing Company Secretary

Proposed Resolutions

Ordinary Business

1. Adoption of audited financial statements for FY 2025-26 and reports of Board of Directors and Auditors

2. Appointment of Mr. V. Subramaniam (DIN: 00009621) who retires by rotation

3. Appointment of Ms. Geeta Fulwadaya (DIN: 03341926) who retires by rotation

Special Business

4. Re-appointment of Mr. Ranjit Pandit (DIN: 00782296) as Independent Director for a second term of 5 years from September 1, 2026 to August 31, 2031, including continuation beyond age 75

Key Financial Information (FY 2025-26)

  • Revenue from operations: ₹12,138.6 million (6.3% growth YoY)
  • Operating EBITDA: ₹3,575.2 million (29.5% margin)
  • Profit after tax: ₹4,970.2 million
  • Earnings per share: ₹58.44
  • Cash and investments: ₹58,522.5 million (debt-free position)
  • No dividend recommended for FY26, continuing policy since FY2014-15

Operational Metrics

  • Active listings: 54.7 million
  • Active paid campaigns: 631,530
  • Total ratings and reviews: 157.1 million
  • Average quarterly unique visitors: 189.4 million

Corporate Governance and Compliance

  • All related party transactions were in ordinary course of business and at arm's length
  • Secretarial Audit Report received without any qualification, reservation, or adverse remark
  • Adequate internal financial controls systems in place
  • All shares held in dematerialized form with no physical shareholdings
  • No IEPF transfers required during FY2025-26
  • No unclaimed amounts pending as of March 31, 2026

Director Information

Mr. Ranjit Pandit (72 years) holds an MBA from Wharton School and previously served as Managing Director at General Atlantic, LLC and Chairman of McKinsey & Company in India. His reappointment is recommended by the Nomination and Remuneration Committee based on performance evaluation. He attended 3 out of 4 Board meetings during FY2025-26 and holds no shares in the company.

Shareholding Pattern (as on March 31, 2026)

  • Promoter and Promoter Group: 74.15% (Reliance Retail Ventures Limited: 63.84%)
  • Public shareholding: 25.85%
  • Institutions: 14.13%
  • Non-institutions: 11.72%

Additional Information

  • The Annual Report is available on the company's website
  • Members can access the AGM through JioEvents platform
  • No material changes affecting financial position between March 31, 2026 and report date
  • All communications are sent electronically, shareholders urged to update email addresses with Depository Participants