Identixweb Ltd

AGM details

• Date and time: 29-09-2026, 3:00 PM to 3:16 PM IST.
• Mode: virtual meeting conducted via video conference (OA VM) with Zoom.
• Attendance: through VC; proxies dispensed; record date 22-09-2026.
• Quorum or venue: deemed to be the registered office; physical attendance not required.

Key resolutions

• Resolution 1: Adopt standalone and consolidated financial statements for year ended 31 March 2026.
• Resolution 2: Re-appoint Hiralben Ankurbhai Lakhani (DIN 08920910) who retires by rotation.

Voting results

• Resolution 1 passed; 100% in favour; 0 against (votes polled: 6,564,975).
• Resolution 2 passed; 100% in favour; 0 against (votes polled: 6,564,975).

Director changes

• Director Hiralben Ankurbhai Lakhani (DIN 08920910) re-appointed after retirement by rotation.

AGM Details

• Date/time: Sep 29, 2026, 3:00–3:16 PM IST, via VC/OAVM.
• Remote e-voting: Sep 26–28, 2026; voting facility available till 15 minutes after meeting.

Ordinary Business

• Adopt standalone and consolidated financial statements for year ended Mar 31, 2026.
• Re-appointment of director retiring by rotation (Hiralben Ankurbhai Lakhani).

Voting Results

• Adoption of financial statements: outcome not disclosed in filing.
• Director re-appointment: outcome not disclosed in filing.
• Voting results to be declared within 2 working days and posted on the company site.

Identixweb Ltd trading window closure for insiders from October 01, 2026 till 48 hours after the declaration and publication of unaudited Standalone and Consolidated Financial Results for the half year ended September 30, 2026

Business Overview

• Technology-driven IT company delivering SaaS Shopify apps and customized solutions.
• 13 Shopify applications; asset-light model; global merchant base; Bangalore expansion; SellMore launched.

Key Operational Highlights

• FY26 revenue ₹13.0 Cr, up 43.5% YoY; EBITDA ₹7.5 Cr, margin 57.5%.
• PAT ₹4.7 Cr; PAT margin 36.0%; 60+ employees; 100+ successful projects; 1,300+ trusted Shopify stores.
• New Bangalore branch; internal deployments (Identixweb.com, iCartUpsell, Munim); SellMore product; SiteGrowth AI concept.

Financial Performance

• Total assets ₹37.2 Cr; equity ₹32.6 Cr; minimal long-term borrowings (0.1 Cr).
• Year-end cash ₹9.3 Cr; operating cash flow ₹3.9 Cr; financing cash flow ₹9.0 Cr; net increase ₹2.4 Cr.
• Diluted EPS ₹5.1; ROE 14.4% (FY25 17.9%); ROCE 19.3% (FY25 25.5%).

Capital Structure & Liquidity

• Equity capital expanded to ₹32.6 Cr; long-term borrowings reduced to ₹0.1 Cr.
• Listed on BSE SME Platform in 2025; cash balance supports growth and working capital.

Strategic Priorities & Outlook

• SiteGrowth AI under development to automate organic traffic via AI, SEO automation, and analytics.
• Target users: SaaS, e-commerce, and digital-first enterprises; internal pilot deployments underway.

Governance & Leadership

• Leadership: Priyankkumar Savani (Chairman & MD); Ankur Lakhani (WTD); Hiral Lakhani (NED).
• Independent Directors: Archana Bhayani, Niravkumar Donda, Rohitkumar Dabhi; CS & Compliance: Pooja Shah; CFO: Abhishek Nakrani.

Meeting Details

• Date/Time: Friday, 25 September 2026, 10:00 AM
• Type/Mode: Group investor/analyst meeting, virtual
• Event/Organizer: Bharat Connect Conference - Rising Stars by Arihant Capital
• Key company participants: Chairman & Managing Director
• Purpose: General investor interaction; discussion uses publicly available documents only
• Notes: No UPSI intended to be discussed

Financial performance

• Standalone revenue from operations: ₹1,108.68 Lakhs; up 29.92% YoY.
• Consolidated revenue from operations: ₹1,304.74 Lakhs; up 43.48% YoY.
• Standalone PAT: ₹600.92 Lakhs; margin 54.20%.
• Consolidated PAT: ₹535.38 Lakhs.
• EPS: ₹5.76 (basic/diluted).
• Over 14,000 global Shopify stores use Identixweb; SellMore Upsell launched.

IPO and capital structure

• IPO raised ₹1,663.20 Lakhs; 3,080,000 shares issued; listed on BSE SME from 3-Apr-2025.
• Authorized share capital: ₹11,000 Lakhs; issued capital: ₹1,044.16 Lakhs; 1,04,41,550 shares.
• Promoters hold 30.93% each as of 31-Mar-2026.
• Dividend declared: none for FY2025-26.
• Cash position remains strong with ₹925.87 Lakhs in cash and equivalents.

Business and product developments

• SellMore Post Purchase Upsell launched for Shopify merchants.
• Shopify services include app development, store development, automation, and migrations.
• Identixweb continued expansion of product portfolio and AI-enabled solutions; Munim ERP subsidiary active.

Governance and audit

• Board: 6 directors, 3 independent; Audit, Stakeholders, Nomination & Remuneration, CSR committees.
• Secretarial audit: no material qualifications; minor e-forms filed late due to clerical reasons.
• Statutory auditor: M/s A K Ostwal & Co; Secretarial auditor: Hardik Jetani; no fraud reported.

Subsidiaries and investments

• Munim ERP Private Limited turnover ₹196.06 Lakhs; loss before tax ₹131.03 Lakhs; consolidated results include minority.
• Identixweb LLC (USA) subsidiary yet to commence operations; Munim ERP is 50.01% owned.

CSR and ESG

• CSR obligation ₹7.57 Lakhs; CSR spend ₹7.58 Lakhs; average net profit ₹378.46 Lakhs; CSR policy aligned with Schedule VII.
• CSR committee met May 30, 2025; CSR policy on website.

Cash flows and liquidity

• Consolidated cash and cash equivalents ₹929.99 Lakhs at year-end.
• CFO ₹390.24 Lakhs; CFI ₹-1,059.26 Lakhs; CFF ₹904.30 Lakhs (Consolidated).

AGM Details

• The 9th AGM will be held on Sep 29, 2026 at 03:00 PM IST via VC/OAVM.
• The venue is deemed to be the registered office; no physical venue.
• Attendance and voting cut-off date is Sep 22, 2026.
• Proxy facility is not available; voting will occur via remote e-voting or at the AGM.
• Remote e-voting period runs from Sep 26, 2026 to Sep 28, 2026.
• Shareholders on the cut-off date are eligible to vote.

Resolutions

• Ordinary resolution to adopt standalone financial statements for the year ended March 31, 2026.
• Ordinary resolution to adopt consolidated financial statements for the year ended March 31, 2026.
• Ordinary resolution to reappoint Hiralben Ankurbhai Lakhani as director on retirement by rotation.

Director Information

• Promoter and Non-Executive Director Hiralben Ankurbhai Lakhani seeks reappointment.
• She is liable to retire by rotation and was appointed on Sept 30, 2023.
• Promoter relationship: she is the wife of another director.

Key Decisions

• Board approved Draft Directors' Report for 2025-26 and annexures.
• 9th AGM scheduled for Sep 29, 2026 at 3:00 PM IST via VC/OAVM.
• Draft AGM Notice approved; will be dispatched to shareholders.
• Register of Members not closed as shareholding is in demat form.
• Cut-off date for remote e-voting fixed at Sep 22, 2026.
• NSDL appointed Remote E-Voting Agency for AGM resolutions.
• CS Hardikkumar Jetani appointed Scrutinizer for remote e-voting.
• Annual Report to be submitted to exchange on dispatch.
• Remote e-voting facility to be available for members.

Clarification on price movement under SEBI LODR

• Company claims compliance with SEBI LODR and timely disclosures of all material information.
• No undisclosed information or events believed to have material impact on price.
• Stock price movement attributed to market conditions and investor sentiment.