Quadrant Future Tek Ltd

AGM Details

• AGM held on 25 September 2026 at 11:00 A.M. via VC/OAVM.
• Notice issued: 11 August 2026.
• Cut-off date for voting entitlement: 18 September 2026.
• Meeting conducted via VC/OAVM at registered office address.
• Scrutinizer appointed for e-voting.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt audited financial statements; passed 99.99% in favour.
• Resolution 2 (Ordinary): Re-appointment of Amit Dhawan; passed 95.05% in favour; abstained by him.
• Resolution 3 (Ordinary): Re-appointment of Aikjot Singh Sandhu; passed 95.41% in favour; abstained by him.
• Resolution 4 (Special): Ratification of Cost Auditor remuneration for FY2026-27; passed 99.99% in favour.

Director changes

• Amit Dhawan reappointed as Director by rotation.
• Aikjot Singh Sandhu reappointed as Director by rotation.

AGM Details

• 11th AGM on Friday, 25 September 2026 at 11:00 AM IST via VC/OAVM.
• Remote e-voting from 22 Sep 2026 09:00 IST to 24 Sep 2026 17:00 IST.
• Scrutinizer: M/s Girish Madan & Associates.

Key Resolutions

• Receive, consider and adopt Audited Financial Statements for FY 2025-26.
• Amit Dhawan reappointed as director on rotation.
• Aikjot Singh Sandhu reappointed as director.
• Remuneration of Cost Auditor for FY 2026-27 ratified.

Voting Results

• All resolutions passed with requisite majority.
• Results to be announced within 2 working days.

Director Changes

• Amit Dhawan reappointed as director.
• Aikjot Singh Sandhu reappointed as director.

AGM notice & access

• Intimation to shareholders with unregistered emails includes web-link to AGM notice and FY2025-26 annual report.
• AGM date/time: Friday, 25 September 2026 at 11:00 IST via VC/OAVM.
• e-voting: cut-off 18 September 2026; start 22 September 2026 09:00; end 24 September 2026 17:00.
• Notice web-link: https://www.quadrantfuturetek.com/assets/frontend/pdf/notice-agm-2026.pdf
• Annual report web-link: https://www.quadrantfuturetek.com/assets/frontend/pdf/quadrant-annual-report-2026.pdf
• Letter dispatch date: August 31, 2026.
• Physical copies available on request.

Financial highlights

• Revenue from operations ₹1,529.67m; total income ₹1,583.44m; YoY growth ~2%.
• EBITDA: ₹-339.78m; EBITDA margin -22.2%; PAT ₹-429.42m.
• Cable Division revenue ₹1,529.64m; TCS division loss before tax ₹-602.27m.
• Active order book ₹8,612m; TCAS ₹8,054m as of 31 Mar 2026.
• IPO proceeds raised ₹2,900m; ₹2,671.18m utilized by 31 Mar 2026.
• Dividend: no dividend declared for FY2025-26.
• Net worth ₹2,579.29m; total debt ₹240.24m; debt-to-equity 0.09.
• Cash loss ₹310.22m in FY2025-26.

Segment performance

• Cable Division: revenue ₹1,529.64m; EBITDA ₹123.69m; PBT ₹44.94m.
• TCAS Division: loss before tax ₹-602.27m; investments in R&D and deployment.
• Integrated operations support end-to-end TCAS development; RDSO approval pending broader rollout.
• Railway and defence cables underpin core revenue; ongoing diversification into solar and EV cables.

Order book & Kavach program

• KAVACH 4.0 progress with ISA approvals and field trials underway.
• RDSO passenger-trials approval and dedicated rail route for final phase.
• MoU with RailTel positions Quadrant as OEM for KAVACH.

IPO & capital deployment

• IPO proceeds allocated to long-term working capital, capex for Electronic Interlocking System, and general corporate purposes.
• Withdrawn ₹8.57 crore from IPO monitoring; ₹2 crore reallocated to general corporate.
• Total IPO proceeds utilized by 31 Mar 2026: ₹2,671.18m.

Governance & risk

• Board: 12 directors; independent directors four; independent directors met on 17 Mar 2026.
• Audit Committee met seven times; NRC five; SRC one; CSR one.
• Whistleblower policy exists; no complaints.
• CSR not applicable in FY2025-26; no CSR expenditure.

Audit flags & controls

• Auditors' report unmodified; Emphasis of Matter on cash losses.
• Going concern not in doubt per auditor.
• Internal controls adequate; one weakness noted: interest payments to authorities.
• Secretarial audit: no qualifications; compliance with laws.

Outlook & risks

• Railways capex push; Kavach deployment; Union Budget allocation ₹2.93 lakh crore.
• Defence indigenisation; naval cables; BIS approvals support growth.
• Copper price volatility risk; pass-through via price escalation in long-term contracts.
• Single Basma facility risk; capacity expansion planned.

AGM Details

• AGM date/time/mode: 25 September 2026, 11:00 AM, via VC/OAVM.
• Record date for voting: 18 September 2026.
• Remote e-voting window: 22–24 September 2026.

Resolutions Put to Vote

• Ordinary: Adopt Audited Financial Statements for year ended 31 Mar 2026.
• Ordinary: Re-appointment of Amit Dhawan as Director (retiring by rotation).
• Ordinary: Re-appointment of Aikjot Singh Sandhu as Director (retiring by rotation).
• Ratification: Cost Auditor remuneration for FY 2026-27; Rs 50,000 plus taxes.

Voting & Eligibility

• Cut-off date for eligibility: 18 September 2026; only holders on that date vote.

Clarification on price movement

• Company confirms compliance with SEBI LODR Regulations and timely disclosures.
• No additional information or announcements at this time that could explain price movement.
• Believes price movement appears market-driven; no identified corporate event driving it.
• No impending announcements; management does not foresee any material disclosures currently.
• Statement signed by Company Secretary and Compliance Officer.
• Date of filing: 26 August 2026; Scrip code 544336.