AGM Details

  • The 21st AGM is scheduled for Friday, September 11, 2026, at 09:00 AM (IST).
  • The meeting will be held through Video Conference (VC)/Other Audio-Visual Means (OAVM) via the NSDL e-meeting platform.
  • The Record Date for determining members eligible to vote is September 4, 2026.
  • The Register of Members and Share Transfer Books will remain closed from September 5, 2026, to September 11, 2026 (both days inclusive).
  • Remote e-voting will be available from September 8, 2026 (9:00 AM) to September 10, 2026 (5:00 PM).

Business to be Transacted at AGM

Ordinary Business

1. To receive, consider, and adopt the audited Financial Statements for the year ended March 31, 2026, together with the reports of the Board of Directors and Auditors.

2. To re-appoint Mrs. Sarada Devi Medikundam (DIN: 03258451), who retires by rotation, as a Non-Executive Non-Independent Director.

Financial Highlights (Amounts in ₹ Lakhs, unless stated)

Income Statement Summary (FY 2025-26 vs. FY 2024-25)

| Particulars | 31.03.2026 | 31.03.2025 | Change |

| Income from Operations | 790.58 | 716.60 | +10.32% |

| Other Income | 112.35 | 112.12 | +0.21% |

| Total Expenses | 758.75 | 664.71 | +14.15% |

| Profit Before Tax and Exceptional Items | 143.63 | 162.92 | -11.84% |

| Exceptional Items (Prior Period) | 3.38 | 0 | N/A |

| Tax Expense | 34.76 | 44.10 | -21.18% |

| Profit After Tax (PAT) | 105.49 | 118.82 | -11.22% |

| Other Comprehensive Income | 0.09 | 9.92 | -99.09% |

| Total Comprehensive Income | 105.59 | 128.74 | -17.98% |

| Earnings Per Share (EPS) | ₹2.52 | ₹2.84 | -11.27% |

Key Balance Sheet Figures (as of March 31, 2026)

  • Total Assets: ₹1,862.69 Lakhs (Previous Year: ₹1,822.85 Lakhs)
  • Share Capital: ₹419.00 Lakhs (41,90,000 equity shares of ₹10 each)
  • Other Equity: ₹1,311.92 Lakhs
  • Total Equity and Liabilities: ₹1,862.69 Lakhs

Operational Performance

  • Revenue growth was primarily driven by higher business volumes and the continued contribution of the overseas branch office in the USA.
  • Profitability moderated due to increased expenses in line with the expanded scale of operations.
  • The company did not transfer any amount to reserves for FY26.

Dividend

  • The Board of Directors did not recommend any dividend for the financial year 2025-26.
  • A final dividend of ₹1 per equity share (10%) for FY 2024-25 was approved and paid within the prescribed timeline.
  • No unpaid or unclaimed dividend was transferred to the Investor Education and Protection Fund (IEPF).

Directors and Key Managerial Personnel (KMP)

Board of Directors (as of March 31, 2026)

  • Mr. Praveen Chakravarthy Medikundam - Chairman & Non-Executive Director
  • Mrs. Sarada Devi Medikundam - Non-Executive Director
  • Mr. Gopal Rao Arigoppula - Executive/Whole-time Director
  • Mr. Venkata Muralidhar Koduri - Independent Director
  • Mr. Rakesh Choudhary - Independent Director
  • Mr. Sreenivas Katragadda - Independent Director

Key Managerial Personnel

  • Ms. Udayasri Mavuleti - Chief Financial Officer (appointed April 2, 2018)
  • Ms. Swarali Sachin Shingne - Company Secretary & Compliance Officer (appointed March 1, 2024)

Changes in Directorate

  • Dr. Chandra Sekhar Vanumu, Whole-time Director, resigned due to personal engagements effective July 15, 2025.
  • Mr. Gopal Rao Arigoppula was appointed as a Whole-time Director effective July 16, 2025.

Board and Committee Meetings

  • The Board of Directors met 5 times during FY 2025-26.
  • The Audit Committee met 4 times. Its members were Mr. Rakesh Choudhary (Chairman), Mr. Gopal Rao Arigoppula, and Mr. Venkata Muralidhar Koduri.
  • The Nomination and Remuneration Committee met 3 times. Its members were Mr. Sreenivas Katragadda (Chairman), Mr. Rakesh Choudhary, and Mr. Praveen Chakravarthy Medikundam.
  • A separate meeting of Independent Directors was held on February 17, 2026.

Auditors

  • Statutory Auditors: M/s. akasam & associates, Chartered Accountants (Firm Regn. No: 005832S). They were appointed until the conclusion of the 23rd AGM in 2028. Their report contained no qualifications.
  • Secretarial Auditor: M/s. Pravesh Palod & Associates, Practicing Company Secretary. Their report for FY 2025-26 contained no qualifications.
  • Internal Auditor: M/s. QMICS Solutions Pvt Ltd was appointed for FY 2026-27 to FY 2030-31.

Capital Structure

  • Authorized Capital: ₹570.00 Lakhs (57,00,000 equity shares of ₹10 each)
  • Issued, Subscribed, and Paid-up Capital: ₹419.00 Lakhs (41,90,000 equity shares of ₹10 each)
  • No changes in share capital occurred during the year.

Significant Updates and Policies

  • Branch Office: The company's branch office in Illinois, USA, materially contributed to revenue growth.
  • ESOP Scheme: The 'Lex Nimble Solutions Employee Stock Option Scheme 2025 (ESOS 2025)' was approved by members at the AGM on September 12, 2025. A trust was constituted for its administration. No options were granted, and no shares were allotted under ESOS 2025 during the year.
  • Related Party Transactions: Existing contracts/arrangements with related parties were renewed/revised and are reported in Form AOC-2. Transactions were on an arm's length basis.
  • Internal Financial Controls: The company maintains adequate internal financial controls commensurate with its size and nature of business.
  • Risk Management: The company has a defined risk management policy.
  • Corporate Social Responsibility (CSR): The provisions of Section 135 of the Companies Act, 2013, are not applicable to the company.

Other Disclosures

  • Loans/Guarantees/Investments: The company did not make any loans, guarantees, or investments under Section 186 of the Companies Act, 2013.
  • Public Deposits: The company did not accept any deposits during the year.
  • Material Orders: No significant or material orders were passed by any regulators, courts, or tribunals impacting the going concern status.
  • Material Changes: No material changes or commitments affecting the financial position occurred between the end of the financial year and the date of the report.
  • Vigil Mechanism/Whistle Blower Policy: The company has a policy in place, and no cases were filed under the Sexual Harassment of Women at Workplace Act, 2013.

Foreign Exchange

  • Earnings: ₹780.74 Lakhs
  • Outgo: ₹0

Employee Strength

  • The total number of permanent employees as of March 31, 2026, was 17.

#Tags: #LexNimbleSolutions #AnnualReport #FY2026 #SEBIDisclosure #AGM #BSE #RegulatoryCompliance #FinancialResults #Neutral