Methodhub Software Ltd

MethodHub Software Limited: Trading window closed from October 01, 2026 till expiry of 48 (forty eight) hours after the announcement of unaudited financial results of the Company for the half year ending on September 30, 2026

AGM Details

• Held Sep 29, 2026 at 2:30 PM IST via VC/OAVM.
• Meeting duration 2:30–2:50 PM; e-voting window Sep 25–28, 2026.
• Quorum: 31 members attended via VC/OAVM.
• Remote e-voting window: Sep 25–28, 2026 (09:00–17:00 IST).
• Scrutinizer appointed: Pramod S.

Resolutions put to vote

• Adopt standalone financial statements for year ended March 31, 2026.
• Adopt consolidated financial statements for year ended March 31, 2026.
• Re-appoint Ahobilam Nagasundaram by rotation.
• Regularize Lathika Siddharth Pai as Non-Executive Independent Women Director.
• Regularize Perinkulam Mani Mohanraj as Non-Executive Independent Director.
• Approve levy of charges for serving documents to members.

Voting status

• Results to be reported by Scrutinizer within two working days.

Director changes

• Ahobilam Nagasundaram to be re-appointed (retiring by rotation).
• Lathika Siddharth Pai Regularized as Non-Executive Independent Women Director.
• Perinkulam Mani Mohanraj Regularized as Non-Executive Independent Director.

Auditors

• No changes to auditors disclosed.

Order details

• Awarding entity: international company registered in the Kingdom of Thailand.
• Nature and scope: Two-year Managed Services Agreement for maintenance of telecom network infrastructure.
• Contract value: Approximately INR 161 crores.
• Execution period: Contract valid until July 2028.
• Related party status: No promoter/group interest; not a related party transaction.

AGM scheduling and voting

• AGM scheduled for Sep 29, 2026 at 2:30 PM IST via VC/OAVM.
• Cut-off date to record voting entitlement: Sep 22, 2026.
• Notice to shareholders via registered email; exchanges to be informed.

Fundraising details

• Mode of fund raising: Public Issue (Fresh Issue and Offer for Sale).
• Date of raising funds: December 12, 2025.
• Total amount raised: 102.49 crore (87.50 fresh issue, 14.99 OFS).
• IPO expenses incurred: 14.30 crore.
• Net proceeds available for utilization: 87.49 crore.

Deviation status

• There is no deviation/variation in use of IPO funds.

Utilisation status

• Funds utilised: 64.3 crore against net proceeds of 87.49 crore.
• Status: partly utilised; remaining funds unutilised.

Monitoring and approvals

• Monitoring agency: Brickwork Ratings India Private Limited.
• Audit committee comments: No comments.

Issue Overview

• Type of issue: Fresh Issue and Offer for Sale of Equity Shares.
• Security type: Equity Shares.
• Total issue size: large equity issue; net proceeds not detailed.
• Main objectives: loan repayment; working capital; subsidiary working capital; unidentified acquisitions and GCP; issue expenses.

Utilisation of Proceeds

• Utilisation aligned with disclosures; no material deviations or changes in allocation.
• Means of finance for disclosed objects unchanged.
• Repayment of loans: fully utilised.
• Working capital augmentation: partially utilised; some funds remain.
• Investment in subsidiary for working capital: fully utilised.
• Unidentified inorganic acquisitions and GCP: partially utilised; ongoing.
• Issue expenses: fully utilised.
• Unutilised funds parked in fixed deposits and a monitoring account; funds in FDs with various maturities.
• Some unutilised funds offset by interest earnings on FDs.
• Delays: certain objects ongoing (working capital, unidentified acquisitions and GCP).
• GCP: allocated amount; detailed sub-heads not provided; board approval not indicated.

Governance and Compliance

• All statutory approvals obtained; no shareholder approvals required for deviations.
• No material adverse events or disputes reported that affect objectives.
• No conflicts of interest disclosed in monitoring engagement.

General Corporate Purpose

• GCP amount allocated: general corporate purpose.
• GCP utilisation details and sub-heads not disclosed; board approval status not indicated.

Certificate details

• Certificate under Regulation 74(5) received from the RTA.

Partnership with Datafoundry

• MethodHub and Datafoundry will deliver end-to-end PV and pharma-tech solutions to global enterprises.
• Safety AI, Signal AI, and Literature Monitor are core AI platforms to be leveraged.
• Aim to automate PV processes, improve accuracy, and shorten turnaround times.
• MethodHub will provide PV services plus Datafoundry's platforms for integration.
• Global delivery footprint expansion and 24/7 client support.
• Industry standards: ISO 27001, ISO 9001, SOC 2 Type II, HIPAA HITECH.
• MethodHub's QuantumHire talent platform to support PV team scaling.
• No regulatory approvals disclosed; partnership strengthens regulatory-compliant operations.
• 40+ global clients and a 500+ professional team across key markets.

Event launch

• MethodHub announced MFG.NXT, a CXO roadshow on AI for manufacturing leadership.
• The event is being held in Chennai and Bengaluru on June 15-16, 2026.

Business focus

• The roadshow targets Manufacturing, Pharma and Logistics digital transformation use cases.
• MethodHub showcased BalinX AI platform and related solutions for enterprise operations.

Solutions showcased

• Featured products include Factirize, CoAPP, QuantumHire, DataFoundry.ai and GreenFuturz.
• Solutions cover factory intelligence, document management, hiring, pharmacovigilance and asset tracking.

Management commentary

• Management said AI, IoT and automation are driving a generational shift in operations.
• Management said the showcased technologies are enterprise-ready and already delivering measurable outcomes.