Allied Digital Services Limited Announces 32nd Annual General Meeting – 1 September 2026

Allied Digital Services Limited (ADSL), a listed entity on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), has formally announced that its 32nd Annual General Meeting (AGM) will be convened on 1 September 2026. The notice, issued in strict accordance with the Securities and Exchange Board of India (SEBI) listing regulations, details a comprehensive agenda comprising both ordinary and special business items.

Ordinary Business Items

  1. Approval of Audited Financial Statements Shareholders will be invited to approve the audited financial statements for the year ended 31 March 2026. The statements, prepared in accordance with Indian Accounting Standards (Ind AS), have been presented in the integrated annual report, which is accessible on ADSL’s official website as well as on the BSE and NSE portals.

  2. Dividend Proposal A dividend proposal for the fiscal year 2025‑26 will be tabled. The proposed distribution will reflect the company’s retained earnings and cash flow position, and will be disclosed in the explanatory statement accompanying the AGM notice.

  3. Director Appointment The AGM will consider the appointment of a new director to replace Mr Nehal Shah, who is retiring by rotation. The candidate’s credentials, experience, and board fit will be scrutinised as part of the standard board‑selection procedure.

Special Business Items

  1. Re‑Appointment of Independent Directors Mr Shakti Kumar Leekha and Mr Anup Kumar Mahapatra are slated for re‑appointment as independent directors for an additional five‑year term. Their continued stewardship is expected to reinforce the board’s independence and governance robustness.

  2. Re‑Appointment of Executive Director Mr Sunil Bhatt is proposed for re‑appointment as an executive director for a comparable five‑year period. His operational expertise and strategic acumen have been instrumental in steering ADSL’s digital initiatives.

  3. Re‑Appointment of Joint Managing Director Mr Nehal Shah will be re‑appointed as Joint Managing Director for a five‑year term commencing July 2026. This arrangement underscores the company’s commitment to continuity and leadership stability amid evolving market dynamics.

  4. Related‑Party Transactions The AGM will seek shareholders’ approval for related‑party transactions with Allied Digital Services LLC, USA. Full disclosure of the transaction terms, valuation methodology, and potential impact on the company’s financials will be provided in the explanatory statement.

Participation and Voting

  • Physical Attendance: Shareholders may attend the meeting in person at the company’s registered office or designated meeting venue.
  • Audio‑Visual Participation: The AGM will be broadcasted live, allowing remote shareholders to observe proceedings in real time.
  • E‑Voting: Shareholders holding their shares in dematerialised form through the National Securities Depository Limited (NSDL) can cast votes electronically via the NSDL e‑voting platform.

Documentation Availability

All relevant documents, including the AGM notice, integrated annual report, and explanatory statement, are posted on ADSL’s website and are retrievable through the BSE and NSE portals. This transparency aligns with SEBI’s corporate governance mandates and facilitates informed decision‑making by the investor base.

Strategic Context

The AGM’s agenda reflects ADSL’s strategic focus on governance, continuity, and prudent financial stewardship. By reaffirming its board composition and executive leadership, the company signals stability to investors while reinforcing its commitment to robust corporate governance. The inclusion of related‑party transaction approvals indicates a continued emphasis on cross‑border operations, particularly with Allied Digital Services LLC, USA, thereby aligning with broader industry trends of digital service expansion and international collaboration.