Approved the audited financial results (standalone and consolidated) for the year ended March 31, 2025.
Approved raising funds up to ₹100 Crore through a Rights Issue to eligible equity shareholders.
Constituted a Rights Issue Committee to determine terms and conditions, including the record date, issue price, and rights entitlement ratio.
Approved the appointment of Mr. Vinod Pahlawat, Chief Growth Officer, as Senior Management Personnel, effective immediately. Mr. Pahlawat has over 34 years of experience and has held leadership roles at CMS IT Services, Mphasis Ltd, HCL Technologies, and others.
Re-appointed M/s. SAP & Associates as Secretarial Auditor for five years from FY26 to FY30, subject to shareholder approval.
Constituted a High-Powered Committee to review legal opinions and guide the next course of action regarding potential legal actions against third parties, including former management.
The auditor's report on the consolidated financial results had a modified opinion, and the company provided a statement on the impact of audit qualifications.