PCS Technology Ltd

AGM details

• Date: 29 September 2026; start 12:30 PM, end 1:09 PM.
• Mode: video conferencing.
• Record date: 18 September 2026; shareholders on record: 28,610.

Key resolutions

• Resolution 1: Adopt audited standalone and consolidated financial statements for year ended 31 March 2026.
• Resolution 2: Re-appoint Ashok Kumar Patni as director, retires by rotation.
• Resolution 3: Approve material related party transactions with Kalpavruksh Systems Private Limited.

Voting results

• Resolution 1: Passed; 99.99% assent, 0.01% dissent.
• Resolution 2: Passed; 99.99% assent, 0.01% dissent.
• Resolution 3: Passed; all valid votes in favour; 1 dissent; related-party votes excluded.

Dividend

• Dividend: No dividend proposed or declared.

Director changes

• Re-appointment of Ashok Kumar Patni as director (retiring by rotation).

Auditors

• No auditor appointment changes reported; financial statements include Board and Auditors' reports.

Material related party transactions

• Approved material related party transactions with Kalpavruksh Systems Private Limited.

AGM Details

• Held on 29 September 2026 at 12:30 p.m. via VC/OAVM; venue deemed at registered office.

Key Resolutions

• Adopt Audited Financial Statements (standalone and consolidated) for year ended March 31, 2026.
• Re-appoint Ashok Kumar Patni as Director, retiring by rotation.
• Approve material related party transactions with related parties.

Voting Results

• Adoption of financial statements: passed with requisite majority.
• Re-appointment of Patni: passed with requisite majority.
• Material related party transactions: passed with requisite majority.

Director Changes

• Ashok Kumar Patni re-appointed as Director.

Related Party Transactions

• Approved material related party transactions with related parties.

Exchange clarification

• Company states it discloses events as required under Regulation 30 of SEBI LODR.
• No material information has been withheld; any such event would be disclosed per regulations.
• Recent price movement appears market-driven and outside the company's control.

PCS Technology Limited — Trading window closed from Oct 1, 2026 till 48 hours after the declaration of unaudited Financial Results for the quarter and half year ending September 30, 2026

AGM and e-voting timeline

• 45th AGM scheduled for 29 September 2026 at 12:30 PM IST via VC/OAVM.
• Cut-off date for e-voting: 18 September 2026.
• E-voting opens 25 September 2026 at 10:00 AM IST.
• E-voting closes 28 September 2026 at 5:00 PM IST.

Shareholder communications and AR access

• Letter sent on 01 September 2026 to shareholders with unregistered emails.
• Annual Report for FY 2025-26 is accessible via the provided web link and path.
• Web-links and exact web-path to access the AR are provided.
• Last dividend in 1998-99; unclaimed dividends transferred to IEPF in 2005-06; no further dividends since.

Financial highlights

• Consolidated total income: 422.38 Lakh, up from 412.98 Lakh prior year.
• Standalone total income: 416.28 Lakh; revenue from operations: 39.52 Lakh.
• Consolidated PAT: 173.15 Lakh; standalone PAT: 169.00 Lakh.
• EPS: consolidated 0.81; standalone 0.80.
• Dividend not proposed for FY2025-26.
• Standalone cash flow from operations: (43.52) Lakh; consolidated: (45.79) Lakh.
• End-year cash and cash equivalents: standalone 3,379.88 Lakh; consolidated 3,496.93 Lakh.
• Issued equity share capital: 2,095.07 Lakh; unchanged.

Operations & strategy

• No new business pursued; funds parked in term deposits for steady income.
• IT/ITeS income lower due to management decisions.
• Export sales NIL; focus on financial stability and cost optimisation.
• Company aims to explore new opportunities while preserving financial position.

Dividend & reserves

• Dividend not proposed; retained earnings stand at 2,161.48 Lakh.
• No transfer to general reserves; profits added to retained earnings.
• Capital Redemption Reserve remains at 397.50.

Capital structure & liquidity

• Total debt: nil; no borrowings outstanding.
• Equity capital: 2,095.07 Lakh; total equity: 4,721.25 Lakh.
• Cash balances: standalone 3,379.88 Lakh; consolidated 3,496.93 Lakh.

Governance & board

• Board comprises six directors; three independent; three non-executive; one woman.
• Sandip Mavkar appointed Company Secretary & Compliance Officer on 16 March 2026.
• Sandeep Patel resigned as Company Secretary & Compliance Officer on 31 January 2026.
• Independent Directors held a separate meeting on 24 March 2026.

Related party transactions

• RPT policy disclosed; material RPT with Kalpavruksh Systems Private Limited up to Rs 90 Lakh.
• KSPL provides manpower and IT services; directors Ashok Patni and Mir Prakash Jain are KSPL directors.
• KSPL transactions in FY2025-26 valued at Rs 34.03 Lakh.
• RPTs reviewed and approved by Audit Committee; disclosures on company website.

Auditors & internal controls

• Statutory auditors: Vinod K Mehta & Co; no qualifications.
• Secretarial auditors: Kaushal Doshi & Associates; five-year term.
• Internal financial controls: adequate and overseen by Audit Committee.
• No frauds reported by auditors during the year.

Subsidiaries & group structure

• Subsidiaries: PCS Positioning Systems (India) Ltd; PCS Infotech Limited; 100% held.
• Form AOC-1/Annexures included; subsidiary details on company website.

Risks & outlook

• Contingent liability: Custom Duty show cause Rs 2,15,40,551; Delhi proceedings ongoing.
• SBI litigation (1997) dismissed on 8 July 2025; no further provision.
• Management to pursue opportunities while hedging risks in a volatile environment.

AGM details

• AGM on Sep 29, 2026 at 12:30 IST, via VC/OAVM.
• Cut-off for e-voting: Sep 18, 2026; voting period Sep 25–28, 2026.
• E-voting agency: Central Depository Services (India) Ltd; Scrutinizer: AM Sheth & Associates.

Ordinary business resolutions

• Adopt Audited Financial Statements (Standalone and Consolidated) for 2025-26.
• Re-appoint Ashok Kumar Patni as Director on rotation.

Special business resolutions

• Approve material related party transactions with Kalpavruksh Systems Private Limited (KSPL).
• Aggregate value up to Rs 90 Lacs for Apr 1, 2026 to next AGM; arm’s length.

Related party transaction details

• Nature: manpower and IT services; KSPL is a related party due to director ties.
• Past three-year total: FY26 37.90 Lakh; FY25 34.02 Lakh; FY24 30.95 Lakh.

Director appointment details

• Ashok Kumar Patni seeking re-appointment; Non-Executive Director and Vice Chairman.
• Remuneration last drawn: none; shareholding: 5,75,995 shares.

Other AGM information

• Speaker registration: Sep 15–22, 2026; AGM materials available on company/stock exchange sites.