Suvidhaa Infoserve Ltd

AGM Details

• AGM held on 30 September 2026 at 11:30 a.m. via VC/OAVM.

Key Resolutions

• Ordinary: Adopt Audited financial statements (standalone and consolidated) for the year ended 31 March 2026.
• Ordinary: Re-appoint director Prashant Thakar, retiring by rotation.

Voting Results

• Financials adoption: results pending; to be declared within 48 hours and hosted on company site and exchanges.
• Director re-appointment: results pending; same 48-hour disclosure window.

Director Changes

• Prashant Thakar to be re-appointed, retiring by rotation.

Auditor Update

• Statutory auditors' report read with no qualifications or adverse remarks.

Suvidhaa Infoserve Limited — Trading Window Closure from Oct 01, 2026 till 48 hours after the announcement of unaudited financial results for the quarter ended September 30, 2026.

Financial highlights

• Consolidated total income: ₹41.99m, down from ₹111.76m in 2024-25.
• Standalone total income: ₹13.35m, down from ₹119.68m.
• Consolidated PBT: ₹-101.01m; prior year ₹-165.87m.
• Standalone PBT: ₹-44.01m; prior year ₹-102.84m.
• Consolidated PAT: ₹-101.01m; Standalone PAT: ₹-44.01m.
• Total comprehensive income: Consolidated ₹-106.27m; Standalone ₹-47.11m.
• Basic EPS (Consolidated): ₹-0.48; Diluted: ₹-0.48.
• Net debt ₹-11.53m; gearing -0.04x.
• Revenue from operations: Consolidated ₹35.01m; Standalone ₹7.45m.
• Dividend: no dividend declared for FY2025-26.
• Total assets ₹633.73m; net worth ₹268.61m (consolidated).
• Net cash from operating activities: Consolidated ₹-41.39m.

Business & strategy

• Company operates a single segment: E-commerce and related services.
• Strategic pivot toward contracted enterprise mandates, away from low-margin legacy distribution.
• Financial services, insurance, mutual funds, and utilities drive retailer earnings.
• Retailer-led loyalty and engagement shift toward self-sustaining programs.
• Omni-channel expansion continues in Tier II/III markets with mix of physical and digital support.
• Investment focus on intelligence, retailer insights, and platform reliability over infra.
• Management aims to strengthen retailer economics and cross-sell across programs.

Capital structure & liquidity

• Equity share capital: ₹209.81m; net worth: ₹268.61m; total assets: ₹633.73m.
• Net debt: ₹-11.53m; gearing: -0.04x; debt largely reduced.
• Cash and cash equivalents: ₹19.30m; other bank balances ₹5.20m; total liquidity noted.
• Consolidated borrowings: ₹12.97m; long-term ₹5.78m; short-term ₹7.19m.
• Dividend policy disclosed; no dividend declared for FY2025-26.

Subsidiaries & group structure

• Wholly owned Nupi Infotech Limited (100%), NSI Infinium Global Limited (90%), Sine Qua Non Solutions Private Limited (90%).
• Consolidation included these subsidiaries; NSI and Nupi are material to the group.
• Management notes on group synergies and platform integration across subsidiaries.

Governance & audit

• Board comprises six Directors; three Independent; CFO transition: Prashant Thakar resigned 9 Feb 2026; Prabhu Kuppuswamy appointed CFO 8 May 2026.
• Independent Directors: Shail Shah, Krupa Joshi, Ritesh Chothani; board meetings held four times.
• Statutory Auditor: Jain Kedia & Sharma appointed Aug 13, 2025; Internal: Patel & Mehta; Secretarial: J. Leeya.
• Management conducted independent performance evaluations; MD/CEO governance improvements.
• Secretarial Audit: MR3 reports with no material qualifications; subsidiary secretarial audits included.

Contingent liabilities & risks

• GST liability: ₹302.22m; appeals filed; potential liability contingent on proceedings.
• Arbitration: DHBVN claim ₹43.17m; award of ₹2.49m contested; hearing pending.
• UIDAI disincentive: ₹10.00m; review and reconsideration in progress.
• Stamp duty: ₹58.50m; related to scheme of arrangement; matter pending hearing.
• Bank guarantees: ₹3.54m; contingent in nature; not invoked as of balance sheet date.

CSR & disclosures

• CSR spend for FY2025-26: Nil; CSR committee in place; policy on company website.
• BRR/BRSR: Not applicable as group not in top 1000 by market capitalization since 2022.
• Company adheres to corporate governance norms; no material non-compliance reported.

AGM Details

• Date and time: 30 September 2026 at 11:30 AM via VC/OAVM.
• Record date for attendance: 23 September 2026; books close 24–30 September 2026.
• Notice and annual report sent electronically to registered members.
• AGM conducted via VC/OAVM with NSDL e-voting platform.
• Record closure window for AGM: 24–30 September 2026 (inclusive).

Key Resolutions

• Adopt Audited Standalone Financial Statements for FY 2025-26.
• Adopt Audited Consolidated Financial Statements for FY 2025-26.
• Re-appoint Prashant Thakar as Director, liable to retire by rotation.

Director Changes

• Mr. Prashant Thakar to be re-appointed as Director; non-executive; liable to retire by rotation.
• Current designation: Non-Executive Director; tenure since 9 February 2026.
• First appointed on board: 20 August 2010.
• Shareholding in the company: 41,59,563 shares as of 31 March 2026.
• Committee membership: Audit, Stakeholder Relationship, and Risk Management Committee.

AGM details

• 19th AGM scheduled for Sept 30, 2026 at 11:30 A.M. IST via VC/OAVM.

Annual Report access for non-email members

• Notice to members without registered emails to access FY 2025-26 Annual Report via web link.
• Weblink provided: https://www.suvidhaa.com/annual-report.html.
• Cut-off date for non-registered emails: August 28, 2026.
• Update email addresses with depository participants to receive future notices.

Key disclosures

• Unaudited standalone and consolidated results for quarter ended June 30, 2026 approved.
• Limited Review Report submitted; Audit Committee recommended; MD Naresh Sharma authorized to sign.
• Internal auditors appointed: Patel and Mehta, for FY 2026-27.
• Three subsidiaries' interim data not reviewed by this auditor.

Meeting Details

• Board meeting scheduled for Friday, August 14, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.
• Receive Limited Review Report from the statutory auditors.

Other Notes

• Trading window closure notice referenced; no closure details provided in this filing.