TAAL Enterprises Ltd

AGM Details

• AGM on Sep 1, 2026 at 12:00 p.m. IST.
• Mode: VC/OAVM; meeting conducted remotely.
• Remote e-voting Aug 28–31, 2026; cut-off Aug 26, 2026.

Key Resolutions

• Ordinary: Adopt standalone financial statements and board reports.
• Ordinary: Adopt consolidated financial statements.
• Ordinary: Re-appoint Narayan Vithal Karbhase as Non-Executive Director.
• Ordinary: Re-appoint statutory auditors M/s TLB & Co. for 4 years.
• Special: Approve loans/investments/guarantees up to Rs 350 crore.
• Special: Re-appoint Deepa Mathur as Independent Director for 5 years.
• Special: Appoint Muralidhar Chitteti Reddy as Independent Director for 5 years.
• Ordinary: Sub-divide each Rs 10 share into five Rs 2 shares; record date to be fixed.
• Ordinary: Alter Capital Clause to reflect authorised share capital of Rs 6 crore.

Director & Auditor Changes

• Narayan V. Karbhase re-appointed as Non-Executive Director.
• Deepa Mathur re-appointed as Independent Director for 5 years.
• Muralidhar Chitteti Reddy appointed as Independent Director for 5 years.
• Statutory auditors re-appointed for four-year term; remuneration for 2026-27 Rs 9,00,000.

Other Approvals

• Record Date and MOA amendments to reflect share subdivision and capital structure.

Financials

• Standalone total income: 20,861.28 lakh; PAT: 5,375.06; net margin 29.00%.
• Consolidated total income: 21,645.64 lakh; PAT: 5,671.50; consolidated EPS 181.99.
• YoY: standalone PAT up from 4,608.04; consolidated PAT up from 4,878.58.
• Interim dividend declared: Rs 30 and Rs 35 per share; total Rs 2,025.62 lakh.
• AGM 12th to be held via VC/OAVM on Sep 1, 2026; remote e-voting enabled.
• Name change: TAAL Tech Limited from TAAL Enterprises Limited on Nov 4, 2025.
• Mergers: TT India Pvt Ltd merged with TTL; NCLT order dated May 21, 2025.
• Share subdivision: 1 Rs10 share split into 5 Rs2 shares; record date to be fixed.
• Standalone EPS: 172.48; Consolidated EPS: 181.99.

Dividends & Capital Actions

• Interim dividend for FY26: Rs 30 and Rs 35 per share.
• Total interim payout: Rs 2,025.62 lakh.
• Share subdivision approved: 1 share of Rs10 divided into 5 shares of Rs2.
• Authorized share capital increased to Rs 6 crore; 3 crore Rs2 shares issued post-split.
• Paid-up capital remains Rs 311.63 lakh post-split; no new equity issued.

Capital structure & Share Capital

• Pre-subdivision issued capital: 31,16,342 shares; post-subdivision: 1,55,81,710 shares.
• Post-split authorized capital: Rs 6 crore; 3 crore equity shares of Rs 2 each.
• There is no reduction in share capital; capitalization remains intact.
• No debt outstanding; liquidity supported by cash and investments.

Governance & Board

• Board size: 6 directors; 4 independent; MD/Chairman: Salil Taneja.
• Ms. Deepa Mathur re-appointed as Independent Director for 5 years (Sept 2, 2026–Sept 2, 2031).
• Mr. Muralidhar Chitteti Reddy appointed Independent Director (Aug 6, 2026) for 5 years; not liable to retire by rotation.
• Mr. Narayan Karbhase retires by rotation; eligible for re-appointment.
• M/s TLB & Co. re-appointed as Statutory Auditors for 4 years; remuneration Rs 9 lakh for 2026-27.
• 12th AGM via VC/OAVM on Sept 1, 2026; remote e-voting facilities described.

Operations & Strategy

• ER&D-focused group with North America, Europe, APAC exposure.
• Subsidiaries: TAAL Technologies Inc. (USA), TAAL Tech GmbH (Switzerland), TAAL Tech UK Limited (UK).
• TT India Pvt Ltd merged with TTL; name updated to TAAL Tech Limited (Nov 2025).
• Outlook positive; macro risks from NA/Europe, and evolving AI impact on services.

Audits & Internal Controls

• Standalone audit: unmodified opinion; merger and subsequent changes noted.
• Secretarial audit by Anuj Nema: no qualifications; compliance with SS and LODR confirmed.
• Internal controls are adequate; no material weaknesses observed.

Related Party & CSR

• Related party transactions: Rs 1,000 lakh loan to Vishkul Enterprises; Rs 98.55 lakh interest earned.
• KMP remuneration and sitting fees disclosed; detailed in notes.
• CSR expenditure: Rs 98.37 lakh; CSR policy on company website; 2% of avg net profit allocated.

Subsidiaries & Group

• Subsidiaries at 31 Mar 2026: TTL USA, TTL Switzerland, TTL UK; all 100% owned.
• Consolidated results presented; TTL group comprises parent and three foreign subsidiaries.
• Total assets and revenues reflect intercompany eliminations per Ind AS.

Dividend Distribution Policy adoption

• Board approved and adopted the Dividend Distribution Policy at Aug 6, 2026 meeting.
• Policy uploaded on the company's website for investor access.
• Adherence to SEBI LODR Regulation 30 noted.
• No amounts or payout commitments specified in filing.

Dematerialisation processing and ownership update

• Securities received for dematerialisation were processed and listed on the stock exchanges.
• Certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within timelines.

Price movement clarification

• Company confirms all price-sensitive information disclosed; price movement due to market conditions.

Meeting Details

• Board meeting scheduled for Tuesday, May 26, 2026.
• Meeting time and location were not disclosed.

Key Agenda Items

• Consider and approve audited standalone financial results for quarter and year ended March 31, 2026.
• Consider and approve audited consolidated financial results for quarter and year ended March 31, 2026.

Other Notes

• Trading window closed from April 1, 2026, until 48 hours after results are made public.