Shyam Telecom Ltd

Dematerialisation processing and listing

• Securities received for dematerialisation were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

AGM details

• AGM held on 25-09-2026 via VC/OAVM.
• Record date: 18-09-2026; shareholders on record: 12,008.
• Videoconferencing attendees: promoters 12; public 63.
• Five resolutions were passed.

Key resolutions

• Ordinary: adoption of standalone financial statements for year ended March 31, 2026.
• Ordinary: re-appointment by rotation of Mr. Ajay Khanna for five-year term.
• Special: re-appoint Mrs. Chhavi Prabhakar as Independent Director for five years.
• Ordinary: remuneration and terms of appointment of Directors including MD.
• Ordinary: approval of material related party transactions with Vihaan and related parties.

Voting results

• Resolution 1 passed with about 99.99% in favour.
• Resolution 2 passed with about 99.99% in favour; minor dissent noted.
• Resolution 3 passed with about 99.99% in favour; some dissent.
• Resolution 4 passed with about 99.99% in favour; minor dissent.
• Resolution 5 passed with about 99.99% in favour; some dissent.

Director changes

• Ajay Khanna re-appointed by rotation for five-year term.
• Chhavi Prabhakar re-appointed as Non-Executive Independent Director for five years.

Material related party transactions

• RPTs with Vihaan and related parties require approval.
• Counterparties include Technologies Pvt Ltd, Intercity C Systems, Think of Us India Pvt Ltd, Shyam Communications.
• Value of RPTs not disclosed.

Ajay Khanna — MD re-appointment

• Type: Re-appointment of Ajay Khanna as Managing Director.
• Effective date: 11 August 2026.
• Term: five years from 11 Aug 2026 to 10 Aug 2031.
• Reason: retires by rotation and re-appointed; AGM approval on 25 Sep 2026.

Chhavi Prabhakar — NED re-appointment

• Type: Re-appointment of Chhavi Prabhakar as Non-Executive Independent Director.
• Effective date: conclusion of AGM on 25 September 2026.
• Term: five years, not liable to retire by rotation, until 2031 AGM.
• Reason: second term approved on NRC recommendation and board approval.

AGM Details

• Date/time: 25 September 2026 at 01:00 PM IST; mode: video conferencing.
• AGM conducted via audio-video means; no physical presence.
• Remote e-voting window: 22 September 2026 10:00 AM to 24 September 2026 5:00 PM.

Resolutions

• Ordinary: adopt standalone financial statements for year ended 31 March 2026.
• Ordinary: re-appoint Ajay Khanna by rotation.
• Special: re-appoint Chhavi Prabhakar as independent director for five years.
• Ordinary: re-appoint Ajay Khanna as Managing Director for five years.
• Ordinary: approve material related party transactions with five named entities.
• Counterparties: Vihaan Networks; Think of Us India; Think of Technologies; Intercity Cable Systems; Shyam Communication Systems.

Shyam Telecom Ltd – Trading window closure

Book closure for AGM 2026

• Register of Members and share transfer books closed 19–25 Sep 2026 inclusive for AGM.
• AGM scheduled 25 Sep 2026 at 01:00 PM IST via VC/OAVM.
• Remote e-voting period 22–24 Sep 2026, 10:00 AM to 5:00 PM.
• Cut-off date for voting: 18 Sep 2026.
• Voting available for holders as on 18 Sep 2026 per AGM Notice.

Financial highlights

• Revenue from operations nil for FY2025-26.
• Other Income ₹38.24 Lakhs; higher interest receipts.
• Total Income ₹38.24 Lakhs; expenses ₹539.99 Lakhs.
• Net loss ₹502.03 Lakhs; total comprehensive loss ₹499.97 Lakhs.
• Earnings per share ₹(4.44); no dividend declared.
• Net worth deeply negative at ₹(3,301.98) Lakhs; current ratio 0.01x.

Capital structure & liquidity

• Authorized share capital ₹75 Crore; paid-up ₹11.27 Crore.
• No bank borrowings in FY2025-26; no term loans outstanding.
• Current liabilities ₹4,556.19 Lakhs; current assets ₹74.36 Lakhs.
• Net cash flow from operations ₹(3.99) Lakhs; cash balance ₹11.79 Lakhs.

Operations & subsidiaries

• Company operates in trading of mobile accessories; no revenue.
• No subsidiaries; former Shyam Telecom Inc., USA dissolved in 2015.
• No deposits accepted; single trading segment.

Governance & management

• Board of 6 directors: 1 Executive, 5 Non-Executive; 3 Independent incl. 1 Woman Director.
• Four Board meetings held in FY2025-26; no changes in composition.
• Key managerial personnel: Ajay Khanna (MD), Vinod Raina (CFO), Kamini (Company Secretary).
• MD Ajay Khanna to be reappointed for 5 years; governance framework maintained.

Audits & internal controls

• Statutory Auditor: Padam Dinesh & Co; terms through 2027-28; no qualifications.
• Secretarial Auditor: A.N. Kukreja & Co; MR-3 annexed.
• Internal Audit: DR & Associates reappointed for 2026-27; IC reviews controls.

Related party transactions

• Material RPTs with Vihaan Networks, Think of Us India, Think of Technologies, Intercity Cables, Shyam Communications.
• Omnibus approvals in place; 2026-27 limits: up to ₹50 Lakhs per party except Intercity up to ₹12 Lakhs.
• Certain director interests disclosed; ordinary course and arm's length.

Shareholding & dematerialisation

• Shareholding distribution skewed toward promoters; 99.82% DEMAT as at 31-03-2026.
• Major promoters include Intell Invofin, Mehrotra Invofin, Cellcap Invofin, AT Invofin, Teletec Finsec.
• Promoter group holds 66.16% of equity; IEPF transfers as applicable.

Outlook & risks

• MD&A notes sector risk: cybersecurity, regulatory changes, high capex; ARPU pressures.
• Government initiatives (5G, fibreisation, TTDF) supportive; long-term demand remains positive.

AGM & regulatory

• 33rd AGM scheduled 25 Sep 2026; conducted via VC/OAVM per MCA/SEBI guidelines.
• Notice and Annual Report circulated electronically; e-voting details on NSDL platform.

AGM Details

• AGM date/time: 25 September 2026, 01:00 PM IST.
• Mode: VC/OAVM via video conferencing.
• Record date for voting: 18 September 2026.
• Members' register/transfer books closed: 19–25 September 2026.
• Deemed venue: Registered Office of the Company.

Ordinary Business

• Adopt annual standalone financial statements for year ended 31 March 2026.
• Re-appoint Ajay Khanna as Director by rotation.

Special Business

• Re-appoint Chhavi Prabhakar as Non-Executive Independent Director for a second five-year term.
• Re-appoint Ajay Khanna as Managing Director for five years; remuneration as proposed.
• Approve existing and new Material Related Party Transactions with specified related parties.
• Maximum limits for RPTs: Vihaan Networks, Think of Us India, Think of Technologies up to 50 Lacs each.
• Rent-related limits: Intercity Cables Systems up to 12 Lacs; Shyam Communication Systems up to 50 Lacs.
• Omnibus approval; transactions to be at arm's length and in ordinary course.

Voting Status

• Voting results not disclosed in the filing.
• Chairman to declare results; results to be published on company/NSDL websites.