Brisk Technovision Ltd

Brisk Technovision Ltd trading window closed from Oct 01, 2026 till 48 hours after the announcement of the half-year ended Sep 30, 2026 financial results

AGM Details

• AGM held physically on 27 July 2026 at 11:10 A.M. IST at registered office.
• E-voting facility not provided; voting conducted by poll at AGM.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Standalone Financial Statements approved with all votes in favour.
• Resolution 2 (Ordinary): Dividend of INR 2.00 per share declared and approved with all votes in favour.
• Resolution 3 (Ordinary): Re-appointment of director by rotation approved with all votes in favour.

AGM Details

• Date/time/mode: 27 July 2026, 11:10 AM IST, physical at registered office.
• Record date for dividend: 17 July 2026.
• Quorum confirmed; meeting concluded 11:32 AM IST.

Key Resolutions

• Adoption of audited standalone financial statements for FY2026 – Ordinary Resolution; unanimously approved.
• Declaration of dividend of Rs 2.00 per share; record date 17 Jul 2026 – Ordinary Resolution; unanimously approved.
• Re-appointment of Ganapati Chittaranjan Kenkare on rotation – Ordinary Resolution; unanimously approved.

Dividend

• Final dividend of Rs 2.00 per equity share approved.

Director Changes

• Re-appointment of Ganapati Chittaranjan Kenkare (MD) on rotation.

Auditor & Reports

• Auditors' report taken as read; no change in auditors announced.

Material Related Party Transactions

• No material related-party transactions disclosed.

Dematerialisation/Rematerialisation Status

• Details of dematerialised/rematerialised securities during the period were furnished to all stock exchanges.
• Certificate issued by KFIN Technologies Limited confirms the above reporting.

Financial performance

• Total revenue ₹3,028.93 L; up from ₹2,993.40 L prior year.
• Profit after tax ₹101.60 L; ₹96.77 L prior year.
• EPS ₹5.08 (basic and diluted).
• Interim dividend ₹1.40 per share; final dividend ₹2.00 per share proposed.
• Cash from operations negative ₹109.64 L; working capital impact.
• Closing cash and equivalents ₹385.62 L.
• Short-term borrowings ₹79.22 L; no long-term borrowings.
• ESOP 2025 adopted during the year.
• Authorized capital ₹3.00 Cr; issued and paid-up ₹2.00 Cr.

Dividends & capital return

• Interim dividend ₹1.40 per share paid Feb 2026.
• Proposed final dividend ₹2.00 per share for FY26.
• Final dividend for FY25 paid ₹1.60 per share.
• No unpaid dividend transferred to Investor Education & Protection Fund.

Capital structure & shareholding

• Authorized capital ₹3.00 Cr; issued/subscribed share capital ₹2.00 Cr; 20 L shares.
• Promoters hold 11,99,700 shares (59.98% total).
• Each promoter holds 29.99% stake.
• ESOP 2025 adopted Sep 25, 2025.
• No buyback; bonus shares 1:199 issued in 2021-22.
• Dematerialised equity shares: 2,000,000 as of Mar 31, 2026.

Governance & board changes

• Independent director Jay Nayak resigned on May 2, 2025.
• Vikramsingh Rajpurohit appointed Independent Director on Sep 1, 2025; regularized Sep 25, 2025.
• Ganapati Kenkare to retire by rotation; recommended for re-appointment.
• Board met 4 times; Audit Committee 4 meetings; Nomination & Rem 2 meetings; Stakeholders 1 meeting.
• Independent directors declared independence; no pecuniary conflicts.

Operations & strategy

• Diversified into cybersecurity services; expanded service segments.
• Invested in talent and new office infrastructure; focus on efficiency.
• Single reporting segment: IT infrastructure management and trading; security services added.
• Outlook: growth in FY2027-2031; focus on AI, cybersecurity, cloud.
• Tier II/III expansion and government manufacturing initiatives present opportunities.

Contingent liabilities & tax

• GST demand ₹194.64 L; ₹10.66 L deposited; dispute ongoing; no provision.
• Deferred tax assets ₹10.80 L.

Audits, controls & compliance

• Statutory auditors: M/s H H Dedhia & Associates; 5-year term to 2029; no qualifications.
• Secretarial audit by KNK & Co LLP; one late e-Form filing; management response provided.
• Internal financial controls adequate and effective; audit committee oversight.
• Code of conduct adopted; directors and senior management in compliance.

Related party transactions

• Rent to Brisk Infotech Service: ₹7.20 L in prior year; nil in 2026.
• Remuneration: S. Ramasubramanian ₹18.00 L; G. Kenkare ₹18.00 L.
• Salary: Manisha Kenkare ₹7.57 L; director fees: Ramnath ₹0.83 L; Sridhar ₹0.83 L; Rajpurohit ₹0.45 L.
• Loans to vendors/employees: ₹11.06 L advanced; ₹2.19 L outstanding.

Shareholder information & AGM

• AGM scheduled for 27 July 2026 at 11:00 AM.
• Book closure: 20–24 July 2026; Record date: 17 July 2026.
• Listing on BSE SME; ISIN INE0Q6L01014.
• Registrar: KFin Technologies; shares dematerialised; transfer via depositories only.

AGM Details

• AGM date/time: 27 July 2026 at 11:00 IST, in-person at registered office.
• Register of Members closed: 20–24 July 2026.
• Dividend proposed: Rs 2.00 per equity share, subject to shareholder approval.
• Dividend record date: 17 July 2026.
• Scrutinizers appointed: KNK & CO LLP, Mumbai.
• Notice and annual report to be sent electronically; available on company website.

Resolutions to be Voted

• Adopt Audited Financial Statements for FY 2025-26.
• Declare dividend of Rs 2.00 per share for FY 2025-26.
• Re-appoint Ganapati Chittaranjan Kenkare as Director, retiring by rotation.

Voting / Outcome

• Voting results not disclosed in the filing.

Book closure for AGM

• Book closure: July 20, 2026 to July 24, 2026 (inclusive).
• Purpose: Close Register of Members and Share Transfer Books for the 19th AGM.
• AGM date and time: July 27, 2026 at 11:00 IST.
• Security type: Equity shares.

Key Decisions

• Approved the annual report for FY ended 31 March 2026, including Board’s Report and MD&A.
• Fixed record date of 17-Jul-2026 for final dividend of ₹2 per share, subject to AGM approval.
• AGM notice approved for the 19th AGM to be held on 27-Jul-2026 at 11:00 IST.
• Book closure from 20-Jul-2026 to 24-Jul-2026 for 19th AGM.

Appointments/Resignations

• Appointed MGDG & Associates as Internal Auditors for FY2026-27.
• Appointed KNK & Co. LLP as Secretarial Auditors for FY2026-27.
• Appointed KNK & Co. LLP as Scrutinizers for AGM voting.