VEDAVAAG Systems Ltd

Investment in VFIBSPL via rights issue

• Investment through rights issue in Vedavaag Financial Insurance Broking Services Private Limited (VFIBSPL), a wholly owned subsidiary.
• Subscribed 7,50,000 equity shares of Rs 10 each, totaling Rs 75,00,000.
• No change in Vedavaag's 100% stake in VFIBSPL.
• VFIBSPL turnover for year ended March 31, 2026 stood at Rs 1,254.
• Transaction is a related party and at arm's length.
• No regulatory approvals required for the acquisition.

AGM Details

• AGM held Sep 30, 2026 at 10:00 AM, in person at Surana Auditorium, Hyderabad.
• Remote e-voting available Sep 26–29, 2026.

Ordinary Resolutions

• Adoption of audited financial statements for year ended March 31, 2026.
• Re-appointment of Mr. Ananth Jonnavittula as Director.

Voting Results

• Voting results and Scrutinizer's report to be published on company site and with BSE within two days.

Director Changes

• Re-appointment of Mr. Ananth Jonnavittula as Director (DIN: 09300935).

Vedavaag Systems Limited closes trading window from October 01, 2026 till completion of 48 hours after the declaration of the UnAudited Financial Results for the quarter and half year ending September 30, 2026

Board investment in subsidiary

• Board approved investment in the equity capital of Vedavaag Financial Insurance Broking Services Private Limited.
• Investment size to be disclosed after regulatory approvals and further developments.
• Purpose is to provide capital support to expand insurance broking and meet regulatory/operational capital needs.
• Investment is subject to applicable statutory and regulatory approvals.
• Board meeting held on 24 September 2026, 03:00–03:45 PM.

Key dates

• Record/cut-off date for voting on AGM resolution: September 23, 2026.
• Book closure: September 24, 2026 to September 30, 2026 (inclusive).
• E-voting window: September 26, 2026, 09:00 to September 29, 2026, 17:00.
• AGM date and time: September 30, 2026, 10:00 AM.
• Security type: Equity shares.
• Purpose: Book closure to facilitate voting on AGM resolution.

AGM actions

• Approved convening 28th AGM on Sep 30, 2026 at 10:00 AM, Hyderabad.
• Approved AGM Notice and Directors' Report with annexures.
• Approved register closure from Sep 24 to Sep 30, 2026.
• Set E-Voting cutoff date at Sep 23, 2026.

Meeting Details

• Board meeting on August 29, 2026 at the company's registered office, Hyderabad.

Key Agenda Items

• Fix date, time and venue of the 28th AGM.
• Finalize event dates pertaining to the 28th AGM.
• Any other items with the permission of the Chair.

Result highlights

• Board approves unaudited standalone and consolidated results for quarter ended June 30, 2026.
• Limited Review Report issued by statutory auditors.
• Board meeting duration: 04:00 PM to 05:50 PM.