Centerac Technologies Ltd

Dematerialisation processing and listing

• Securities received for dematerialisation during the quarter ended 30 September 2026 were accepted/rejected by the RTA.
• The dematerialised securities have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates were mutilated and cancelled after verification, with the depository's name substituted within prescribed timelines.
• No exceptions, delays, or non-compliance were reported.

Centerac Technologies Limited: Trading Window closed from 1st October, 2026 till the end of 48 hours after the declaration of the Un-Audited Financial Results for the second Quarter and half year ending on 30th September, 2026.

AGM Details

• AGM held on 21 September 2026 at 11:30 a.m. via VC/OAVM.
• Book closure date: NA.
• Total shareholders on record date: 3,458.
• Shareholders present in meeting: 18 via VC.

Resolutions & Voting

• Resolution 1 (Ordinary): Adoption of annual accounts and reports for year ended 31 March 2026; passed.
• Resolution 2 (Ordinary): Appointment by rotation of Mr. Ramesh Sundaram; reappointed.
• Voting results: Resolution 1—99.999% assent; 0.001% dissent.
• Voting results: Resolution 2—99.613% assent; 0.387% dissent/abstentions.

Director Changes

• Director changes: Reappointment of Mr. Ramesh Sundaram as director (rotational).

AGM Details

• Date/time/mode: 21 Sept 2026, 11:30 a.m. via VC/OAVM; concluded 11:41 a.m.
• Remote e-voting: 18–20 Sept 2026; Scrutinizer appointed.
• Venue voting conducted; combined results reported.

Key Resolutions

• Adoption of annual accounts and reports for year ended 31 March 2026 — passed.
• Reappointment of director retiring by rotation (Ramesh Sundaram) — passed.

Voting Summary

• All resolutions passed with requisite majority via remote e-voting and venue voting.

Financial highlights

• Revenue from operations Rs 74.27 lakh; down from Rs 87.97 lakh.
• Total income Rs 74.37 lakh; profit after tax Rs 2.99 lakh.
• Earnings per share Rs 0.04 (basic/diluted).
• Dividend for FY2025-26: not declared.
• Net worth approx Rs 9.18 lakh.

Operational KPIs

• Debtors turnover 0.84x for FY2025-26.
• Current ratio 3.53x.
• Debt equity ratio 0.22x.
• Operating profit margin 0.04%.
• Net profit margin 0.04%.
• Return on net worth 0.33%.

Capital structure & liquidity

• Share capital Rs 110.35 lakh.
• Long-term borrowings Rs 41.88 lakh.
• Cash and cash equivalents Rs negative 11.38 lakh.
• Current ratio supports liquidity at 3.53x.

Dividends & capital actions

• Dividend not declared; resources conserved.
• OCDs redeemed; NCD extinguished and transferred to reserves.
• OCD extinguishment process updated with NSDL/CDSL by May 2026.

Governance updates

• Mamta Sharma ceased Independent Director on 30 May 2025.
• Nejal Monish Gangar appointed Independent Woman Director from 1 June 2025.
• Four board meetings conducted in FY2025-26.
• Secretarial auditor Ms. Riddhi Shah appointed for FY2025-26.
• Statutory auditors Mittal & Associates appointed for 2024-29.

Audit & controls

• Statutory audit: unmodified opinion for FY2025-26.
• Secretarial audit notes: single officer as WTD and CFO; governance concern.
• Internal financial controls adequate and effective.
• No fraud reported by auditors.

Outlook & risks

• Outlook: cautiously optimistic about IT sector growth.
• Risks: cybersecurity, regulatory changes, competition, and rapid tech shifts.

AGM & shareholding events

• 33rd AGM via VC/OAVM on 21 September 2026.
• Remote e-voting window: 18-20 September 2026; cut-off date 14 September 2026.

Q1 results

• Q1 ended 30 Jun 2026: revenue from operations Rs 4.89 lacs; total income Rs 4.89 lacs.
• Total expenses Rs 21.87 lacs; PBT and PAT both Rs -16.99 lacs.
• EPS basic & diluted Rs -0.15.
• YoY revenue declined to Rs 4.89 lacs from Rs 6.84 lacs.
• Board approved results on 11 Aug 2026; Audit Committee reviewed.
• Independent auditor's review: no material misstatement; no audit opinion issued.
• FY2025-26 full year: revenue Rs 74.27 lacs; PAT Rs 2.99 lacs; EPS Rs 0.03.

Meeting Details

• Date: 11 August 2026; time and venue not disclosed.

Key Agenda Items

• To consider and take on record unaudited financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window closed from 1 July 2026; reopens 48 hours after declaration of unaudited Q1 results.

Dematerialisation status

• Dematerialisation requests received were confirmed to depositories as accepted or rejected.
• Securities dematerialised have been listed on exchanges where the existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification; ownership records updated with the depository's name.