Adroit Infotech MD, chairman, board of directors and AGM
NSE: ADROITINFOBSE: 532172IT - ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹12.83.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹70 Cr3,407th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 Jul 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 4 Aug 2026
- 2.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 Jul 2026
- 0.33
- Volume, NSEVolume. Shares traded on the last trading day.
- 74,902
Adroit Infotech board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorSUDHAKIRAN SUNKERNENI REDDY
- ChairpersonSRIDHAR REDDY PYATA
- Company Secretary and Compliance OfficerPIYUSH PRAJAPATI
6 directors3 independent1 executive2 non-executive
- SUDHAKIRAN SUNKERNENI REDDY · Managing directorExecutive · joined Sep 2015 · reappointed Sep 2025 · 1 listed board · 1 committee seat
- SRIDHAR REDDY PYATA · ChairpersonNon-executive · joined Sep 2020 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 committee seat
- VENKATESWAR REDDY VARIIndependent · joined May 2024 · 26 months as independent · 1 listed board · 1 as independent · 1 committee seat
- KANTHI REDDY SUNKERNENINon-executive · joined Aug 2024 · 23 months as independent · 1 listed board
- RAJA SEKHAR REDDY JAMMULA VENKATAIndependent · joined Jul 2025 · 11 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- SRINIVAS RANGANATH PARANKUSAMIndependent · joined Jul 2025 · 11 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- PATLOLA VENKATA LAKSHMA REDDY, left 22 Jul 2025: Others
- RAJASHEKAR REDDY SUNKIREDDY, left 22 Jul 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 May 20265 of 6 present3 independent · 107 days in between
- 3 Feb 20264 of 6 present2 independent
Audit Committee
Chair SRINIVAS RANGANATH PARANKUSAM
RAJA SEKHAR REDDY JAMMULA VENKATA, SUDHAKIRAN SUNKERNENI REDDY
- 22 May 20263 of 3 present2 independent · 52 days in between
- 3 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair VENKATESWAR REDDY VARI
SRINIVAS RANGANATH PARANKUSAM, SRIDHAR REDDY PYATA
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair RAJA SEKHAR REDDY JAMMULA VENKATA
VENKATESWAR REDDY VARI, SRIDHAR REDDY PYATA
No meeting listed in the filing.
RIGHTS ISSUE
Chair SRINIVAS RANGANATH PARANKUSAM
SUDHAKIRAN SUNKERNENI REDDY, VENKATESWAR REDDY VARI
- 22 May 20263 of 3 present2 independent
- 30 Mar 20263 of 3 present2 independent · 2 days in between
- 27 Mar 20263 of 3 present2 independent · 51 days in between
Independent Directors Meeting
- 3 Feb 20263 of 3 present3 independent
Stakeholder Relationship Committee Meeting
- 3 Feb 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- RAO AND SHYAM CHARTERD ACCOUNTANTSPeer-review certificate valid to Jul 2028
2 earlier auditors
- rao and shyamNamed in the filing for the quarter to Jun 2025
- Rao and Shyam Chartered AccountantsNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Adroit Infotech AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Adroit Infotech dividend history
Annual general meeting, 14 Aug 2026
19,715 shareholders on the register on 3 Aug 2026; present: 3 promoters and 34 others; votes counted by SARADA PUTCHA / SARADA PUTCHA.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the company for the financial year ended march 31, 2026 and the reports of the board of directors and auditors thereon; and in this regard, pass the following resolution as an ordinary resolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · other public 0.00%
Turnout: all 52.29% · promoters 100.00% · other public 19.86%
To receive, consider and adopt the Audited Consolidated Financial Statements of the company for the financial year ended March 31, 2026 and the report of the auditors thereon and in this regard, pass the following resolution as an ordinary resolution.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
To re-appoint Ms. Kanthi Reddy Sunkerneni (DIN: 10732925), who retires by rotation as a director at this annual general meeting and being eligible seeks re-appointment and if thought fit, to pass, with or without modification(s), the following resolution as an ordinary resolutionMoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Taking a note of revision in remuneration of Group Chief Executive Officer and Group Chief Operating Officer of the Material Subsidiary.Ordinary98.56% for1.44% against
Against: promoters 0.00% · institutions 0.00% · other public 6.36%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Approval for forfeiture of partly paid-up equity shares.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Approval for borrowing powers under section 180(1)(c) of the companies act, 2013Special98.56% for1.44% against
Against: promoters 0.00% · institutions 0.00% · other public 6.36%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Approval for creation of charge / mortgage on the assets of the company under section 180(1)(a) of the companies act, 2013Special98.56% for1.44% against
Against: promoters 0.00% · institutions 0.00% · other public 6.36%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Approval under section 186 of the companies act, 2013 for making loans, giving guarantees, providing securities and making investments.Special98.56% for1.44% against
Against: promoters 0.00% · institutions 0.00% · other public 6.36%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Approval under section 185 of the companies act, 2013 for grant of loans, guarantees or securities to entities in which directors are interestedSpecial98.56% for1.44% against
Against: promoters 0.00% · institutions 0.00% · other public 6.36%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Approval of material related party transactions under regulation 23 of the SEBI (listing obligations and disclosure requirements) regulations, 2015Special98.56% for1.44% against
Against: promoters 0.00% · institutions 0.00% · other public 6.36%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
- Approval for modification of “AIL ESOP-2023” and implementation through “Adroit Infotech Employees Welfare Trust”Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.29% · promoters 100.00% · institutions 0.00% · other public 19.86%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 9 Sep 2025, 15 resolutions
20,267 shareholders on the register on 29 Aug 2025; present: 3 promoters and 33 others; votes counted by SARADA PUTCHA / SARADA PUTCHA.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Reports of the Board of Directors and Auditors thereon; and in this regard, pass the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 and the Report of the Auditors thereon and in this regard, pass the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
To re-appoint Mr. Sudhakiran Reddy Sunkerneni (DIN: 01436242), who retires by rotation as a Director at this Annual General Meeting and being eligible seeks re-appointment and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution:MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- Appointment of Mr. Srinivas Ranganath Parankusam (DIN: 02042457) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- Appointment of Mr. Raja Sekhar Reddy Venkata Jammula (DIN:11204525) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- To consider and approve of remuneration drawn by director from subsidiary company(ies) under employmentSpecialPromoters have an interest in it99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.47%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- To consider and approve the consequential matters related to the closure of the foreign subsidiary of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- To consider and approve of the consequent for Borrowing money(ies) for the purpose of business of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- To consider and approve under Section 180(1)(a) of the Companies Act, 2013 inter alia for creation of mortgage or charge on the assets, properties or undertaking(s) of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- Sell, Lease, Mortgage or otherwise dispose of whole or substantially whole of the undertaking of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- To consider and approve the increase in threshold of loans/ guarantees, providing of securities and making of investments in securities under section 186 of the Companies Act, 2013:Special99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 0.46%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
To consider and approve the Loan / Advance to Directors or Entities in which Directors are Interested u/s 185 of the Companies Act, 2013 and (also covered as Related Party Transaction under SEBI LODR Regulations)MoreLess
Special99.90% for0.10% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.47%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- To consider and approve the related party transactionsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- Amendment/modification of Existing ESOP Scheme “AIL ESOP-2023 to Include Employees of Subsidiary Company(ies)Special99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 0.46%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
- Approval of Amended/Modified ESOP Scheme Name “AIL ESOP-2023”Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 49.62% · promoters 100.00% · institutions 0.00% · other public 16.77%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 14 resolutions
Present: 3 promoters and 35 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024 and the Reports of the Board of Directors and Auditors thereon; and in this regard, pass the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024 and the Report of the Auditors thereon and in this regard, pass the following resolution as an Ordinary ResolutionMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
To re-appoint Mr. Sridhar Reddy Pyata (DIN: 07268714), who retires by rotation as a Director at this Annual General Meeting and being eligible seeks re-appointment and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Mr. Venkateswar Reddy Vari (DIN: 00534590) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Ms. Kanthi Reddy Sunkerneni (DIN:10732925) as a Non-Independent Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To consider approval of the consequent alteration to the Article of Association.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To consider approval of the consequent alteration to the Memorandum of Association.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To consider approval of the consequent for Borrowing money(ies) for the purpose of business of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Creation of security on the properties of the Company, both present and future, in favour of lenders.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Sell, Lease, Mortgage or otherwise disposed of whole or substantially whole of the undertaking of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To increase in threshold of loans/ guarantees, providing of securities and making of investments in securities under section 186 of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Approval to advance any loan/give guarantee/provide security u/s 185 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To approve related party transactions.Special99.86% for0.14% against
Against: promoters 0.00% · institutions 0.00% · other public 0.47%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Increase The Remuneration of Managing Director Mr. Sudhakiran Reddy Sunkerneni, From the Existing the Salary of Rs.3,50,000/- P.M. to Salary of Rs. 4,50, 000/- P.MSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2023, 6 resolutions
Present: 2 promoters and 34 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023 and the Reports of the Board of Directors and Auditors thereon; and in this regard, pass the following resolution as an Ordinary ResolutionMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023 and the Report of the Auditors thereon and in this regard, pass the following resolution as an Ordinary ResolutionMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
To re-appoint Mr. Rajashekar Reddy Sunkireddy (DIN: 06983058), who retires by rotation as a Director at this Annual General Meeting and being eligible seeks re-appointment and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary ResolutionMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Reclassification of certain members of Promoter Group from “Promoter and Promoter Group” category to “Public shareholding” categorySpecial99.78% for0.22% against
Against: promoters 0.00% · institutions 0.00% · other public 2.03%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Increase The Remuneration of Managing Director Mr. Sudhakiran Reddy Sunkerneni, From the Existing The Salary of Rs.2,00,000/- P.M. to Salary of Rs. 3,50, 000/- P.MSpecialPromoters have an interest in it99.75% for0.25% against
Against: promoters 0.00% · institutions 0.00% · other public 2.29%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Ms. Triveni Banda (DIN: 09528975) as an Independent Director of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 29 Mar 2023, 2 resolutions
Present: 2 promoters and 43 others.The company's voting result (opens in a new tab)
- Increase in Authorized Share Capital and alteration of capital Clause of Memorandum of AssociationSpecial98.33% for1.67% against
Against: promoters 0.00% · institutions 0.00% · other public 11.21%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Approve all ESOP- 2023 for the employees of the CompanySpecial98.32% for1.68% against
Against: promoters 0.00% · institutions 0.00% · other public 11.32%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Jul 2022, 10 resolutions
Present: 0 promoters and 31 others.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial Statements for the financial year ended 31st March, 2022, the Balance Sheet as at that date and the Reports of the Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- Adoption of Audited Consolidated Financial Statements for the financial year ended 31st March, 2022, the Balance Sheet as at that date and the Reports of the Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- Appointment of Mr. Sridhar Pyata Reddy (DIN: 07268714) who retires by rotation and offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- Appointment of M/s. Rao & Shyam, Chartered Accountants, as Auditors, for a period of five year from the conclusion of this AGM till the conclusion of 37th AGM and fixing their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- Alteration of Articles of Association of the CompanynOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- Appointment of Mr. Sudhakiran Sunkerneni Reddyt (DIN: 01436242), as the Managing Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- To Offer, Issue and Allot Equity Shares pursuant to conversion of Loan to EquitySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- To Offer, Issue and Allot Equity Shares on Preferential Basis , for cash considerationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- To Offer, Issue and Allot Equity Shares on Preferential Basis for consideration other than cashSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
- To Offer, Issue and Allot Share Warrants on Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 48.92% · promoters 88.99% · institutions 0.00% · other public 5.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 4 Jan 2022, 1 resolution
Present: 2 promoters and 45 others.The company's voting result (opens in a new tab)
1. To approve the Reduction of Capital as per the Scheme.nThe Shareholders approved the below stated resolution in regards to the Reduction of Capital as per the Scheme stated below:n“RESOLVED THAT pursuant to Section 66, Section 52 and other applicable provisions of the Companies Act, 2013, (the “Act”), including any statutory modification(s) or re-enactment thereof for the time being in force, and the rules made thereunder, Article 12 and other applicable articles of the Articles of Association of the Company, read with the National Company Law Tribunal (Procedure for Reduction of Share Capital) Rules, 2016 and other relevant rules made there under, including any statutory modification(s) thereto or any amendment(s) or substitution or reenactment thereof for the time being in force and subject to the confirmation by the Hon’ble National Company Law Tribunal, Hyderabad Bench (“NCLT”), and such other approvals as may be required and subject to the terms and conditions and modifications, if any, as may be prescribed by the appropriate authorities while granting approval or confirmation, the consent of the members be and is hereby accorded, to reduce the issued, subscribed and paid-up equity share capital of the Company from Rs. 18,26,73,720/- (Rupees Eighteen Crore Twenty-Six Lakhs Seventy-Three Thousand Seven Hundred Twenty) consisting of 1,82,67,372 (One Crore Eighty-Two Lakhs Sixty Seven Thousand Three Hundred and Seventy Two) Equity Shares of Rs. 10/- (Rupees Ten) each to Rs. 6,31,15,720/- (Rupees Six Crore Thirty-One Lakhs Fifteen Thousand Seven Hundred Twenty) divided into 63,11,572 (Sixty-Three Lakhs Eleven Thousand Five Hundred Seventy-Two) Equity Shares of Rs. 10/- (Rupees Ten) each, by cancelling and extinguishing, in aggregate, 65.45% of the total issued, subscribed and paid-up equity share capital of the Company, comprising 1,19,55,800 (One Crore Nineteen Lakhs Fifty-Five Thousand Eight Hundred) Equity Shares of Rs. 10/- (Rupees Ten) each held by the members of the Company, along with reduction of the Securities Premium Account to the extent of Rs.2,40,00,000/- (Rupees Two Crore Forty Lakhs) and Share Warrant Forfeiture Account to the extent of Rs.50,00,000/- (Rupees Fifty Lakhs) and such cumulative reduction would be effected by writing off the Accumulated Losses of Rs. 14,85,58,000/-t (Rupees Fourteen Crores, Eighty-Five Lakhs, Fifty Eight Lakhs) as per the Scheme of Reduction of Capital (“Scheme”) on the Effective Date.” n“RESOLVED FURTHER THAT subject to the confirmation of the Reduction of Capital as per the Scheme by the NCLT and such Reduction of Capital as per the Scheme becoming effective and operative, without any further act or deed by the Equity Shareholders, 1,19,55,800 (One Crore Nineteen Lakhs Fifty Five Thousand Eight Hundred) Equity Shares of Rs. 10/- (Rupees Ten) each of the Company held by all its members shall stand cancelled, extinguished and rendered invalid.” n“RESOLVED FURTHER THAT the Board be and is hereby authorised, in its absolute discretion, to bring into effect the resolution on such other terms and conditions as it may consider appropriate and to accept such other conditions and modifications as may be prescribed by the NCLT and other appropriate bodies/ authorities while according their confirmation or consent to this resolution or to suspend,.”n“RESOLVED FURTHER THAT the Board of the Company be and are hereby authorised to take all necessary steps and do all such acts, deeds, matters and things, as it may, in its absolute discretion, deem necessary, expedient, usual or proper, in the best interest of the Company and its members in connection with and relating to the Reduction of Capital as per the Scheme, including any directions, for the purpose of giving effect to the Reduction of Capital as per the Scheme, or to any modification thereof, and as the Board may in its absolute discretion deem fit and proper in the best interest of the Company without being required to seek any furthMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2021, 6 resolutions
Present: 2 promoters and 44 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statement of the Company for thenFinancial Year ended March 31, 2021 and the reports of the Board ofnDirectors’ and Auditor’s thereon.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Adoption of the Audited Consolidated Financial Statement of thenCompany for the Financial Year ended March 31, 2021 and the reports ofnthe Auditor’s thereon.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Reappointment of Mr. Sudhakiran Reddy Sunkerneni (DIN:01436242),nwho retires by rotation as a Director at this Annual General Meeting andnbeing eligible, seeks reappointment.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Regularisation of Additional Director, Mr. Sunkireddy Rajashekar Reddy by appointing him as Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Regularisation of Additional Director, Mr. Sridhar Pyata Reddy by appointing him as director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Conversion of Credit Balance of Promoter(s) Mr. Sudhakiran Reddy Sunkerneni into Unsecured LoanSpecialPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.29%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Rights IssuesFeb 2025 | 45.06 | Towards expansion of Business | 17.50 | 6.73 | No | No Deviation or Variation |
| Rights IssuesFeb 2025 | 45.06 | To pay off other non-current liabilitie | 7.55 | 6.21 | No | No Deviation or Variation |
| Rights IssuesFeb 2025 | 45.06 | To part finance the requirement of Working Capital | 6.53 | 6.16 | No | No Deviation or Variation |
| Rights IssuesFeb 2025 | 45.06 | Acquisition of business in similar or complementary space | 10.00 | 0.00 | No | No Deviation or Variation |
| Rights IssuesFeb 2025 | 45.06 | To meet General Corporate Purposes | 6.62 | 5.82 | No | No Deviation or Variation |
| Rights IssuesFeb 2025 | 45.06 | To meet the expenses of the Issue | 0.55 | 0.16 | No | No Deviation or Variation |