Dynavision Ltd

Dynavision Limited trading window closed from Oct 1, 2026 till 48 hours after the unaudited standalone and consolidated results for the quarter and half year ended Sept 30, 2026

AGM Details

• Date and mode: 21 September 2026, held via VC/OAVM.
• Duration: 03:00 PM to 03:20 PM.
• Record date: 14 September 2026.
• Cut-off date: 14 September 2026.
• Remote e-voting: 18–20 Sep 2026; AGM e-voting: 21 Sep 2026, 3:21–3:35 PM.
• Shareholders cut-off: 18,816.
• VC attendees: promoters 0; public 62.

Resolutions

• Resolution 1: Adoption of standalone and consolidated financial statements.
• Resolution 2: Ordinary resolution for director retirement by rotation and re-appointment.
• Resolution 3: Approval for material related party transactions with Dynavision Green Solutions Limited.

Voting Results

• Resolution 1 passed with requisite majority.
• Resolution 2 passed; 101 in favour, 2 against.
• Resolution 3 passed; 98 in favour, 2 against; 3 abstained.

Dividend

• No dividend proposed or declared.

Director Changes

• A. Sudheer Reddy retires by rotation; re-appointment approved.

Auditors

• No auditor appointments or changes disclosed.

Related Party Transactions

• RPT with Dynavision Green Solutions Limited (subsidiary) approved; value not disclosed.

Other Material Approvals

• No other material approvals reported.

AGM details

• Date and time: 21 September 2026, 3:00 PM; concluded 3:20 PM.
• Mode: Video Conference and OAVM.
• Cut-off date for business: 14 September 2026.
• E-voting period: 18–20 September 2026; voting during meeting allowed.
• Scrutinizer: N. Srividhya appointed for e-voting.

Resolutions before vote

• Ordinary: Adoption of audited financial statements (standalone and consolidated) for FY2026.
• Ordinary: Appointment of director retiring by rotation; eligible for re-appointment.
• Special: Approval for material related party transactions with subsidiary Dynavision Green Solutions Limited.

Voting results

• e-voting results to be informed to Stock Exchange; outcome not disclosed in excerpt.

AGM Details

• 51st AGM to be held on 21 September 2026 at 3:00 PM IST via Video Conferencing / OAVM.
• Remote e-voting window from 18 September 2026 09:00 IST to 20 September 2026 17:00 IST.
• Cut-off for e-voting: 14 September 2026; Book closure: 15 September 2026 to 21 September 2026.
• Deemed venue: Registered Office; AGM conducted via VC/OAVM.
• Notice/Annual Report circulated electronically; accessible on the company website.

Resolutions

• Item 1 Ordinary: Adopt standalone and consolidated financial statements for FY2025-26 and reports.
• Item 2 Ordinary: Re-appoint A. Sudheer Reddy, retiring by rotation.
• Remuneration: Sitting Fees 2.20 Lakhs; Last drawn NIL.
• Board recommends approval; no director interests besides the retiring director.
• Item 3 Special: Approve material related party transactions with subsidiary DGSL; aggregate up to Rs 30 crore; 10-year term.

Related Party Transactions

• Counterparty: Dynavision Green Solutions Limited (subsidiary).
• Nature: Loans or financial/guarantee arrangements.
• Tenure: 10 years from contract date.
• Value: Up to Rs 30 crore; aggregate.
• RPT material: exceeds 10% of annual turnover; FY26 turnover Rs 15.69 crore.
• Dynavision holds 73.75% in DGSL.
• Previous RPT approval: up to Rs 100 crore approved at 50th AGM.
• Interest terms: floating rate; repo rate + up to 5% margin.
• Security: Unsecured.
• Purpose: Expansion and operational requirements.
• Audit Committee approved; shareholder approval required.
• Promoter/director involvement: Suleelal V; MD of holding company; one nominee share.

Financial highlights

• Standalone revenue from operations: Rs 882.86 lakh; YoY down from Rs 978.10 lakh.
• Standalone net profit after tax: Rs 858.42 lakh; prior year Rs 619.85 lakh.
• Standalone EPS: Rs 22.35 (basic/diluted).
• Consolidated revenue from operations: Rs 1,354.05 lakh; prior year Rs 1,317.38 lakh.
• Consolidated PAT: Rs 809.48 lakh; prior year Rs 489.87 lakh.
• Consolidated EPS: Rs 21.07.
• Dividend: No dividend recommended for FY2025-26.
• Total assets: Standalone Rs 5,646.94 lakh; Consolidated Rs 7,656.01 lakh.
• Net debt to equity: 0.63x as on 31-03-2026.
• Current ratio: 14.38x.

Operational and segment performance

• Standalone segment revenue: Renting Rs 882.86 lakh; EPC/solar nil.
• Consolidated segment revenue: Renting Rs 918.67 lakh; Solar Rs 435.38 lakh.
• Standalone segment profit: Renting Rs 809.52 lakh; Solar Rs 60.78? (Consolidated).
• Consolidated segment results: Renting Rs 809.52 lakh; Solar Rs 60.78 lakh; Unallocable Rs -75.98.
• Consolidated OCF: Rs 815.25 lakh.

Capital structure & liquidity

• Equity share capital: Rs 384.00 lakh.
• Non-current borrowings: Rs 1,783.62 lakh; current borrowings: Rs 214.03 lakh.
• Total debt: Rs 1,997.65 lakh; cash/cash equivalents: Rs 38.22 lakh.
• Group funded via internal accruals; no external debt.

Governance & risk management

• Board of five directors; two independent; one woman director.
• Auditors: Standalone/Consolidated by R.Subramanian & Company LLP; no qualifications.
• Secretarial audit conducted for DGSL; no adverse opinions.
• CEO/CFO certification submitted to the board.

Related party transactions & subsidiary

• Material related party transactions with DGSL up to Rs 30 crore; arm's length; 10-year term.
• Previous RPT approval: Rs 100 crore for DGSL; Phase II completed.
• Subsidiary: Dynavision Green Solutions Limited; 73.75% holding.
• DGSL turnover: Rs 4.84 crore (last year).

CSR and ESG highlights

• CSR expenditure: Rs 15.00 lakh; 2% of average net profit.
• CSR focus: Healthcare via Apollo Cancer Foundation; policy on website.

Outlook and risks

• Renewable energy sector-growth supported by policy and private investments.
• Risks: policy changes, tariff pressures, project delays, supply chain disruptions, FX volatility.

AGM, shareholding and other disclosures

• 51st AGM on 21 Sep 2026; via VC/OAVM.
• Remote e-voting window: Sep 18-20, 2026; AGM on Sep 21, 2026.
• Promoter/promoter group holds ~55.75% of equity; Shri P. Vijaya Kumar Reddy holds ~53.40%.
• Share transfers and RTA details on company website; annual report available on BSE/Company site.

CFO resignation

• Aditya J Krishna, CFO, resigns from Dynavision Ltd.
• Effective date of resignation: 31 October 2026.
• Reason: personal reasons.