Board Meeting Details

The 01* meeting of the Board of Directors of Shradha AI Technologies Limited for Financial Year 2026-2027 was held through audio visual platform on Tuesday, 26 May 2026. The meeting commenced at 04:00 PM and concluded at 06:15 PM.

Key Approvals and Considerations

1. Audited Financial Statements: The Board considered, noted, and approved the Audited Financial Statement of the Company for the Financial Year ended 31* March, 2026. These were reviewed, approved, and recommended by the Audit Committee of the Company and are subject to consideration and/or adoption by the Members at the ensuing Thirty Seventh (37th) Annual General Meeting.

2. Audited Financial Results: The Board approved the Audited Financial Results together with Audited Statement of Assets and Liabilities and Cash Flow Statement of the Company for the Fourth Quarter (Q-4)/Half Year (H-2) and Financial Year ended 31* March, 2026, along with the Report of Statutory Auditors thereon as per Regulation 33 of the SEBI (LODR) Regulations, 2015.

3. Dividend Declaration: The Board recommended a final dividend of Rs. 0.60 Paise [Rs. 0.60 Paise Only] per equity share of face value of Rs. 02/- (Rupees Two) each, representing 30% on the face value of equity shares for the financial year 2025-2026 ended 31st March 2026. This is subject to approval of shareholders at the ensuing 37th Annual General Meeting. The Record Date/Book Closure dates will be decided and intimated separately.

4. Auditor Appointments and Policies:

  • The Board considered and took on record the Draft Auditors' Report for FY25-2026.
  • Approved the Policy on effective two-way communication between the Statutory Auditors and Those Charged with Governance (TCWG) in line with Companies Act, 2013, Standards on Auditing, SEBI LODR Regulations, and NFRA Circular dated 07 January 2026.
  • Appointed M/S Deshpande Bhalerao and Pashine, Chartered Accountants, Nagpur (FRN: 139844W) as the Internal Auditor of the Company for the financial year 2026-2027 ending 31* March, 2027. The firm has expertise in Auditing, Taxation, Management Consultancy, Corporate Advisory on Mergers & Acquisitions, Project Financing, and Company Law matters, with three partners and branches in Pune and Nagpur.

Financial Results Highlights (Audited Standalone)

Profit & Loss Statement (Year ended March 31, 2026):

  • Profit before Tax: ₹1,398.87 lakhs
  • Previous year (March 31, 2025): ₹1,269.55 lakhs

Balance Sheet (As at March 31, 2026):

  • Total Assets: ₹6,896.83 lakhs (Previous: ₹9,444.27 lakhs)
  • Total Equity: ₹6,562.57 lakhs (Previous: ₹8,716.53 lakhs)
  • Equity Share Capital: ₹1,219.05 lakhs (unchanged)
  • Other Equity: ₹5,343.52 lakhs (Previous: ₹7,497.48 lakhs)

Cash Flow Statement (Year ended March 31, 2026):

  • Net Cash From Operating Activities: ₹135.96 lakhs
  • Net Cash used in Investing Activities: ₹(388.83) lakhs
  • Net Cash used in Financing Activities: ₹(345.03) lakhs
  • Net Decrease in Cash: ₹(597.90) lakhs

Segment Information (Year ended March 31, 2026):

  • Software Development Revenue: ₹1,858.33 lakhs
  • IT Hardware Revenue: ₹27.34 lakhs
  • Total Segment Revenue: ₹1,885.66 lakhs

Additional Notes

  • The company implemented the Labour Codes notified by Government of India on November 21, 2025, accounting for the impact in employee benefit expenses for FY26 based on draft Central Rules and FAQs.
  • Previous dividend of Rs. 0.60 per share for FY24-25 was paid on September 12, 2025.
  • Equity shares were sub-divided from face value of Rs. 5/- to Rs. 2/- per share effective December 10, 2024.
  • All documents are available on company website https://shradhaaitechnologies.com/ and stock exchange websites.