Workmates Core2Cloud Solution Ltd

AGM details

• Date and mode: 25 September 2026, via Video Conferencing/AV Means.
• Start time: 12:30 PM; End time: 1:00 PM.
• Record date: 18 September 2026; Total shareholders on record: 1,058.
• VC attendees: 8 promoters, 10 public.

Key resolutions

• Resolution 1: Ordinary; adoption of Audited Financial Statements and reports.
• Resolution 2: Ordinary; re-appointment of Debasish Sarkar by rotation.
• Resolution 3: Special; remuneration revision for Debasish Sarkar, Whole Time Director & CFO.
• Resolution 4: Special; remuneration revision for Basanta Kumar Rana, Managing Director.

Voting outcomes

• Resolution 1: Passed; all polled votes in favour.
• Resolution 2: Passed; high approval; 9,600 votes against (Public Non-Institutions).
• Resolution 3: Passed; 98.81% in favour; 1.19% against.
• Resolution 4: Passed; 98.81% in favour; 1.19% against.

AGM details

• 8th AGM held on 25 September 2026 at 12:30 PM IST via VC/OAVM.
• Notice and annual report circulated; available on company and exchange websites.
• Quorum declared and AGM constituted; meeting concluded at 1:00 PM IST.

Resolutions proposed

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Appointment by rotation and re-appointment of Debasish Sarkar.
• Remuneration revision for Debasish Sarkar (WTD & CFO).
• Remuneration revision for Basanta Kumar Rana (Managing Director).

Voting & results timing

• Remote e-voting held 22–24 September; on-site voting available for 15 minutes post-meeting.
• Consolidated voting results and Scrutinizer's Report to be uploaded and shared.

Attendance & governance

• Directors and KMP attended the AGM through VC/OAVM.

Workmates Core2Cloud Solution Ltd: Trading window closed from 1 October 2026 till 48 (Forty-Eight) hours after the declaration of the unaudited financial results for the quarter and half-year ended 30 September 2026.

Price-movement clarification

• Company states no event or information requiring disclosure under Regulation 30 SEBI Listing Regulations exists.
• Has complied with applicable SEBI regulations and disclosed all material events timely.

Meeting Details

• Date and time: 11 September 2026 at 12:00 IST.
• Meeting type and mode: group investor meeting conducted virtually.
• Event/organiser: Analyst/Investors Meet under Regulation 30 of LODR.
• Company participants: Company officials (management) attended.
• Purpose: Interaction with analysts/investors based on generally available information.

Meeting Details

• Date & time: Friday, September 11, 2026, 12:00 PM.
• Type: Group Meeting.
• Mode: Virtual Meeting.
• Organizer: Adfactors PR Private Limited.

Participants

• Company management participants: not disclosed.

Purpose

• Purpose: Schedule conference call/meet with analysts and institutional investors.

Additional Notes

• Recording availability: not mentioned in filing.

Regulatory compliance update

• Regulation 36(1)(b) compliance; notice and Annual Report accessible via weblink for shareholders without registered emails.

Financial snapshot

• Standalone revenue from operations ₹143 crore for FY2025-26.
• PAT ₹15.92 crore; Standalone.
• Recurring revenue ₹118 crore, 82.5% of total.
• MRR ₹9.83 crore per month at year-end.

Operating metrics

• 350+ enterprise and high-growth clients served.
• Recurring revenue share 82.5%.
• Customer retention 95%.
• Projects delivered 750+.
• Debtor days 62; improved from 72.
• Mean time to resolution 1.2 hours.

IPO and capital actions

• IPO completed; listing on BSE SME on 18 Nov 2025.
• Fresh issue 29,08,800 shares; OFS 5,14,800.
• Authorized capital ₹13 crore; paid-up ₹12.9188 crore.
• Bonus issue 1,00,00,000 shares.
• Interim dividend 20% (₹2 per share) paid 3 Jun 2026.

Capital structure

• Share capital after IPO: 1,291.88 lakh shares (₹12.92 crore).
• Authorized capital raised to ₹13 crore.
• Bonus issue increased share count.

Governance and leadership

• Independent directors Ajay Chacko, Barathy Sundaram, Suchita Vishnoi joined Apr 2025.
• Basanta Rana became MD; Kamal Nath is CEO.
• Debasish Sarkar appointed WTD and CFO in May 2025.
• Purbali Saha appointed CS&CO Apr 2025; replaced by Purnima Mundhra Apr 2026.

Audit and internal controls

• Statutory auditors: M. Choudhury & Co; no fraud reported.
• Internal auditor: SAMP & Associates.
• Secretarial audit: Prateek Kohli & Associates; no qualifications.
• Internal financial controls adequate and effective.

CSR and governance

• CSR spent ₹8.0 lakh; unspent ₹12.0 lakh transferred to Unspent CSR account.
• CSR obligation for year ₹19.35 lakh; spend ₹8.0 lakh.
• CSR policy supports education, healthcare, hunger relief.

Outlook and risks

• Forecast double-digit FY2026-27 revenue growth.
• Risks: margins, talent, regulation, hyperscaler dependency.
• International expansion deferred; exploring Singapore, UK, US.