Lex Nimble Solutions Ltd

Dematerialisation/rematerialisation status

• Regulation 74(5) not applicable; all shares already in demat form, no demat/rematerialisation requests received.

Lex Nimble Solutions Ltd — Trading window closed from October 1, 2026 until 48 hours after the declaration of unaudited standalone financial results for the half year ended September 30, 2026

AGM details

• Held on 11 September 2026 at 09:00 IST via VC/OAVM; concluded 09:15 IST.
• Record date for voting: 04 September 2026.
• Quorum met; 10 members attended via VC.

resolutions

• Ordinary Resolution 1: Adopt audited financial statements and related reports.
• Ordinary Resolution 2: Re-appoint Sarada Devi Medikundam on rotation.

Voting outcomes

• Both resolutions passed with 100% in favour; no votes against.
• Turnout: 3,286,000 shares polled; 78.42%.

Financial performance

• Revenue from operations: 790.58 lakh for year ended 31 Mar 2026.
• Revenue grew about 10.32% YoY per director commentary.
• Total income: 902.94 lakh (790.58 op revenue, 112.35 other income).
• Profit after tax: 105.49 lakh.
• Total comprehensive income: 105.59 lakh.
• Basic EPS: Rs 252.
• Dividends: no dividend recommended for 2025-26; Rs 1 per share paid for 2024-25.
• Authorized capital: Rs 5.70 crore; issued and paid-up capital: 41.90 lakh shares.

Operations and geography

• Overseas branch in Illinois, USA contributed to growth.
• Operating segments: SAAS services to holding company and consulting services in India.

Dividends and capital structure

• Dividend for 2025-26 not recommended.
• Final dividend for 2024-25: Rs 1 per equity share paid.
• Listed on BSE-SME platform since April 2018.

Governance and audit

• Statutory Auditor: Akasam & Associates; engaged through 2028 AGM.
• Secretarial Auditor: Pravesh Palod & Associates; no qualifications.
• Internal Auditor: QMICS Solutions Pvt Ltd; from 2026-27 to 2030-31.
• Board changes: Dr. Chandrasekhar Vanumu resigned 15 Jul 2025; Gopal Rao Arigoppula appointed 16 Jul 2025.
• Five Board meetings and four Audit Committee meetings in FY2025-26.
• Independent Directors declared independence; compliance with SEBI LODR.

ESOS and remuneration

• Lex Nimble ESOS 2025 approved; no options granted in 2025-26; ESOS Trust formed.
• Remuneration to directors/KMP: Vanumu Rs 9.92 lakh; Arigoppula Rs 30.39 lakh;
• Mavuleti Rs 32.59 lakh; Shingne Rs 6.57 lakh.
• Remuneration policy available on company website.

Risks and risk management

• Risk management policy published on company website.
• Key risks: technological changes, cybersecurity, competition, regulatory changes.
• Foreign currency exposure (USD); pricing strategies to mitigate volatility.

Internal controls and compliance

• Internal financial controls adequate and operating effectively.
• Secretarial audit reports with no qualifications.
• Management asserts going concern basis; no material adverse regulator orders.

People and HR

• Total employees: 17 as at 31 Mar 2026; focus on training and development.
• Corporate governance and compliance emphasis in stakeholder engagement.

Outlook and strategic priorities

• Outlook: cautiously optimistic with growth in IT services and digital transformation.
• Focus on expansion into new markets, technology adoption, and talent development.

agm_details

• Date and time: 11 September 2026, 9:00 AM IST.
• Mode: VC/OAVM.
• Register of Members closed: 5–11 September 2026.

ordinary_business

• Adopt audited financial statements for FY 2025-26 and accompanying reports.
• Re-appoint Mrs Sarada Devi Medikundam as Non-Executive Non-Independent Director.

dividend

• No dividend proposed or declared for the year.

director_changes

• Director up for re-appointment: Mrs. Sarada Devi Medikundam, Non-Executive Non-Independent, liable to rotate.

Internal Auditor appointment

• Board approved appointment of QMICS Solutions Pvt Ltd as Internal Auditor for 2026-27 to 2030-31.
• Profile: QMICS Group provides compliance, monitoring, analytics, enterprise technology, and digital transformation services.

Demat/rematerialisation status

• No dematerialisation/rematerialisation requests were received during the reporting quarter.
• Certificate under Regulation 74(5) received from registrar and transfer agent.
• Regulation 74(5) not applicable as the entire holding is in demat form.