LCC Infotech Ltd

AGM Details

• AGM held on 30 September 2026 at 01:00 PM via VC/OAVM.
• Meeting started 01:10 PM and concluded 01:22 PM.

Key Resolutions

• Ordinary: Adopt audited financial statements for the year ended March 31, 2026.
• Ordinary: Appoint Ms. Rachna Suman Shaw, retiring by rotation.
• Ordinary: Appoint M/s Sarang Shivajirao Chavan and Associates as Statutory Auditors.
• Ordinary: Approve existing and new material related party transactions.
• Special: Alter Object Clause of the Memorandum of Association.

Voting Status

• Voting results to be disclosed later.

Directors

• Rachna Suman Shaw retires by rotation; reappointment proposed.

Auditors

• M/s Sarang Shivajirao Chavan and Associates appointed as Statutory Auditors.

Related Party Transactions

• Approval of existing and new material related party transactions.

Other Material Approvals

• Alteration of the Object Clause of the Memorandum of Association.

LCC Infotech Ltd: Closure of Trading Window from October 01, 2026 till 48 hours after the announcement of the Unaudited Financial Results for the period ended on September 30, 2026

AGM Details

• Date of AGM: 30 September 2026.
• Corrigendum issued: 9 September 2026.
• Mode/time not specified in corrigendum.

Key Resolutions

• Item 2: Re-appointment of Director Rachna Suman Shaw (DIN 10414115).
• Director annexure with particulars attached.
• Equity shares: 4.20 crore allotted at Rs 4.55 per share.
• Convertible Warrants: 20.60 crore issued at Rs 4.55 per warrant.
• Paid-up capital increased to Rs 3,371.87 lakh.
• Rs 23.44 crore received as 25% subscription money.

Voting Results

• Voting outcomes not disclosed in corrigendum.

Director Changes

• Rachna Suman Shaw proposed for re-appointment; details annexed.

Financials

• Total revenue from operations: FY2025-26 Rs 3.07 lakh.
• FY2024-25 revenue: Rs 35.89 lakh.
• Gross loss FY2025-26: Rs 49.35 lakh; FY2024-25: Rs 113.99 lakh.
• PAT FY2025-26: Rs -49.35 lakh; FY2024-25: Rs -215.84 lakh.
• Total assets as at 31 Mar 2026: Rs 4,758.61 lakh.
• Total equity as at 31 Mar 2026: Rs 4,272.88 lakh.
• Paid-up capital: Rs 3,371.87 lakh; 168.593 million shares.

Capital & Shares

• Authorized capital: Rs 8,000.00 lakh.
• Fresh equity issued: 42,000,000 shares issued in FY2025-26.
• Outstanding shares: 168,593,350; face value Rs 2 per share.
• Promoter holdings around 17% each for top holders.

Dividends

• Dividend declared for FY2025-26: None.
• No dividend proposed at ensuing AGM.

Business & Strategy

• Alteration of MOA to include salt and agro/food objectives.
• Open offer size: 4,38,34,271 shares (26%).
• Company repositioning towards salt-based products and agri/food services.
• Training program reached ~5,000 youth in FY2025-26; cumulative ~1.27 lakh.

Governance & Audit

• Statutory Auditor: Sarang Shivajirao Chavan & Associates for 5 years (2026-2031).
• Secretarial Auditor: Md. Shahnawaz; Annexure I confirms compliance.
• Board: six directors; three independent; various committee appointments ongoing.
• Internal controls: adequate and operating; whistleblower mechanism in place.

Risks & Outlook

• IT sector risks: skill gaps, outsourcing exposure, data security and regulatory shifts.
• Outlook: India IT growth remains positive amid headwinds; emphasis on AI and upskilling.

Other Disclosures & Corporate Actions

• Board approved MOA alterations; EGM held Feb 2, 2026.
• No subsidiary; no CSR applicability; penalties for LODR compliance noted in disclosures.

AGM notice and e-voting arrangements

• Notice of the 41st AGM approved; date and time fixed as Sep 30, 2026, 01:00 PM.
• AGM to be conducted via Video Conference/Other Audio Visual Means.
• Director Report with annexures and notice calling AGM approved.
• Scrutinizer for e-voting appointed: M/s Nikhil Suchak & Associates, PCS.

Transaction details

• Target: LCC Infotech Limited; Acquirer: Kunjit Maheshbhai Patel (non-promoter).
• Pre-transaction holding: 42,011,292 shares (24.92%).
• Acquired 23,126,760 equity shares (13.72%), off-market via SPA.
• Post-transaction holding: 65,138,052 shares (38.64%).
• Date of transaction: 27/08/2026.

Capital context

• Before: 168,593,350 equity shares.
• After: 168,593,350 equity shares.
• Total diluted share capital: 168,593,350.