Shradha AI Technologies Ltd

SHRADHA AI TECHNOLOGIES LIMITED — Trading window closed from 01 October 2026 until 48 hours after the declaration of the unaudited financial results for the Second Quarter (Q-2) and half year ended 30 September 2026.

AGM Details

• Date/time: 8 September 2026 at 11:30 AM.
• Mode: VC/OAVM.
• Venue: through video conferencing / OAVM.
• Record date: 1 September 2026.
• Shareholders on record: 16,161.
• Total votes polled via e-voting: 68.

Key Resolutions

• Resolution 1 (Ordinary): Receive and adopt audited financial statements for FY 2025-26.
• Resolution 2 (Ordinary): Declare final dividend of Rs 0.60 per equity share.
• Resolution 3 (Ordinary): Re-appoint Archana Meng as director.
• Resolution 4 (Special): Appoint Raunak Gandhi as independent director.

Voting Results

• Resolution 1: Passed; 83.09% in favour on votes polled.
• Resolution 2: Passed; 99.9998% in favour on votes polled.
• Resolution 3: Passed; 83.09% in favour on votes polled.
• Resolution 4: Passed; majority in favour.

Dividend

• Final dividend of Rs 0.60 per equity share approved.

Director Changes

• Archana Meng re-appointed as director (by rotation).
• Raunak Gandhi appointed as independent director.

AGM Details

• AGM held on 08 September 2026 at 11:30 AM via VC/OAVM.
• Record date 01 September 2026; remote e-voting window 05–07 September 2026.

Key Resolutions & Outcomes

• Resolution 1 (Ordinary): Adoption of financial statements and reports; passed.
• Resolution 2 (Ordinary): Re-appointment of director retiring by rotation; passed.
• Resolution 3 (Ordinary): Final dividend of Rs 0.60 per equity share; passed.
• Resolution 4 (Special): Special resolution; passed.

AGM Details

• AGM held on 8 Sep 2026, 11:30–11:55 AM, via VC/OAVM.
• Deemed venue: registered office, Nagpur.
• 41 members attended via VC/OAVM.

Resolutions

• Ordinary: adopt audited financial statements for FY 2025-26.
• Ordinary: confirm final dividend for FY 2025-26.
• Ordinary: re-appoint Archana Pankaj Bhole as director.
• Special: appoint Raunak Gandhi as Independent Director.

Voting Status

• Ordinary: adoption of financial statements – results pending.
• Ordinary: final dividend – results pending.
• Ordinary: Archana Pankaj Bhole re-appointment – results pending.
• Special: Raunak Gandhi appointment – results pending.

Dividend

• Final dividend of Rs 0.60 per share (30%) for FY2025-26.

Financial highlights

• Revenue from operations: Rs 1,885.56 Lacs in FY2025-26.
• Other income: Rs 280.76 Lacs in FY2025-26.
• PAT: Rs 1,055.29 Lacs in FY2025-26.
• Earnings per share: Rs 1.73 (basic) in FY2025-26.
• Total Comprehensive Income: Rs (1,788.24) Lacs in FY2025-26.
• No debt outstanding; no debentures or non-convertible securities.
• Final dividend: Rs 0.60 per share; cash outflow Rs 3,65,71,452.
• Record date for dividend: 21 Aug 2026.

Capital structure

• Authorised capital: Rs 12.50 Cr; issued/subscribed paid-up capital: Rs 12.191 Cr.
• No change in authorised or paid-up capital during the year.
• No outstanding debentures, bonds, warrants, or non-convertible securities.

Governance & board

• Board comprises seven directors: 1 MD, 4 Independent, 2 Non-Independent.
• Vineet Ladhania reappointed as Independent Director for 2025-2030.
• Moodscope AI divested 28 Mar 2026; Moodscope ceased to be subsidiary.
• Four Board meetings held in FY2025-26.
• CS Riddhita Agrawal appointed Secretarial Auditor for 2025-30.

CSR & sustainability

• CSR spend: Rs 15.00 Lacs; statutory obligation: Rs 14.93 Lacs.
• CSR policy and projects disclosed on company website.
• CSR committee met once on 12 Nov 2025.
• CSR project: Promoting Education in Nagpur; Rs 15.00 Lacs via GH Raisoni Foundation; CSR reg CSR00009318.
• Average net profit for CSR eligibility: Rs 746.34 Lacs; 2% obligation: Rs 14.93 Lacs.
• Unspent CSR: Nil; no carry forward.

Audits & internal controls

• Statutory auditors: M/s Yawalkar & Associates; second term 2023-2027.
• Internal auditors: M/s Deshpande Bhalerao & Pashine; quarterly reports to Audit Committee.
• Secretarial audit: MR-3; Annex-B; no qualifications.
• Auditors' report: Unmodified opinion; revenue recognition under Ind AS 115 highlighted.

Shareholding & dematerialisation

• Dematerialisation: 98.80% of equity shares; 6,02,18,300 demat; 1.20% physical.
• Trading symbol: SHRAAITECH; ISIN INE489B01031; Exchanges: MSE and BSE.
• Shareholding mix: Promoters 74.66%; Indian Public 18.01%; Bodies Corporate 7.09%; NRIs 0.24%.
• Shareholders: 15,900; total equity shares: 60,952,420.
• Registrar & Transfer Agent: Skyline Financial Services.

Roadmap & outlook

• Road ahead: invest in AI/ML; cybersecurity; infrastructure modernization.
• Focus on high-value Indian markets; expand IT services and digital transformation.

Financial highlights

• Q1 FY27 unaudited revenue from operations Rs 370 lakh; total income Rs 413.14 lakh.
• Profit after tax Rs 227.37 lakh; Basic and diluted EPS Rs 0.37.
• YoY: revenue from operations down ~38.5%; PAT down ~32.4%.
• Standalone and consolidated results; board approved the unaudited results for Q1 FY27.
• Auditor's review: unmodified opinion on standalone results.

Operational & segment mix

• Software development revenue Rs 370 lakh; IT hardware nil; gross revenue Rs 370 lakh.
• Software development segment PBT Rs 284.62 lakh; total PBT Rs 303.85 lakh.
• Total income Rs 413.14 lakh; total expenses Rs 109.29 lakh; PBT before tax Rs 303.85 lakh.

Governance & leadership changes

• Pritam Raisoni resigned as CFO, effective 12 Aug 2026.
• Jaikishan Nagdev appointed CFO, effective 13 Aug 2026.
• Riddhita Agrawal appointed annual secretarial compliance auditor FY27.
• Board reconstituted Audit, Nomination & Remuneration, Stakeholders Relationship, CSR committees.

Dividend & AGM timeline

• Record date for final dividend (if approved) 21 Aug 2026.
• AGM 37th on 8 Sep 2026; remote e-voting cut-off 1 Sep 2026.

Auditor & disclosures

• Independent Auditor's Review Report conducted; no material qualifications; unmodified opinion.

Meeting Details

• Date: 12 August 2026
• Location: Registered Office, Nagpur
• Time: Not disclosed

Key Agenda Items

• Un-Audited Standalone quarterly results for June 30, 2026 with Limited Review Report
• Board's Report with annexures for year ended March 31, 2026
• Fix day, time and venue of the 37th AGM
• Notice convening 37th AGM and calendar of events for E-Voting U/s 108
• Fixation of Record Date/Book Closure Date for payment of Final Dividend
• Appointment of new Director with potential KMP changes

Other Notes

• Trading window closed for Directors and designated employees from July 1, 2026 to 48 hours after results

Dematerialisation status

• Physical certificates for dematerialisation were mutilated, cancelled, and the depository substituted within 15 days.
• Securities have been listed on the stock exchange where the originals are listed.
• Dematerialisation actions completed for the received certificates after due verification.