AdCounty Media India concludes 9th AGM, adopts FY26 financials

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Reviewed by
Naman SScanX News Team
Key Highlights
  • 9th AGM held on September 28, 2026, in Jaipur with 30 members present
  • Audited financial statements for FY26 adopted by shareholders
  • Material related party transaction limits approved for Netsetgo Media and Surfer Technologies
  • Managerial remuneration increase for Whole-Time Director Kumar Saurav approved
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AdCounty Media India Limited held its 9th Annual General Meeting (AGM) on September 28, 2026, at its registered office in Jaipur. The meeting saw members adopt the audited financial statements for the fiscal year ended March 31, 2026.

The proceedings were chaired by Aditya Jangid, Chairman and Joint Managing Director. A total of 30 members attended the meeting, either in person or through authorized representatives, satisfying the requisite quorum. The Company Secretary presented an overview of the company's financial performance and future business outlook to the attendees.

Resolutions Passed

The members considered and passed several ordinary and special resolutions as outlined in the notice dated September 1, 2026. Key decisions included the re-appointment of a director and the approval of material related party transaction limits.

Item Type Resolution Summary
1 Ordinary Adoption of audited financial statements and Board/Auditor reports for FY26
2 Ordinary Re-appointment of Delphin Varghese as Director retiring by rotation
3 Ordinary Approval of material related party transaction limits with Netsetgo Media Private Limited
4 Ordinary Approval of material related party transaction limits with Surfer Technologies Private Limited
5 Special Increase in managerial remuneration of Kumar Saurav, Whole-Time Director

Voting and Compliance Details

Voting was conducted via remote e-voting through the Central Depository Services (India) Limited (CDSL) platform, which commenced on September 25, 2026, and concluded on September 27, 2026. Members who did not vote remotely were allowed to cast their votes during the meeting.

Varun Mehra of M/s MSV & Associates was appointed as the scrutinizer to oversee the voting process. The consolidated scrutinizer's report and final voting results will be uploaded to the company website and communicated to BSE within two working days of the meeting's conclusion.

Historical Stock Returns for Adcounty Media

1 Day5 Days1 Month6 Months1 Year5 Years
-3.09%-9.48%-6.79%-29.17%-71.40%-42.64%

How will the approved increase in managerial remuneration for Kumar Saurav impact AdCounty Media's operating expenses and net margins in the upcoming fiscal year?

What specific strategic synergies or revenue drivers are expected from the material related party transactions with Netsetgo Media and Surfer Technologies?

Given the small attendance of 30 members, how might this low shareholder engagement influence future corporate governance reforms or investor confidence?

AdCounty Media acquires Adaxx stake for ₹10 crore to boost AdTech

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Reviewed by
Riya DScanX News Team
Key Highlights
  • AdCounty Media acquired a 99.95% stake in Adaxx Adtech & Media LLP for ₹10 crore
  • The transaction was executed in March 2026, making Adaxx a subsidiary
  • Adaxx Pro will serve as the new programmatic advertising and branding platform
  • The move expands capabilities into display advertising and brand building
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*this image is generated using AI for illustrative purposes only.

AdCounty Media India Limited announced the completion of its acquisition of a 99.95% stake in Adaxx Adtech & Media LLP for ₹10 crore. The transaction was executed in March 2026, making the target entity a subsidiary of the digital advertising firm.

The company issued the update on September 8, 2026, disclosing the move under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Garima Malik, Company Secretary and Compliance Officer, signed the disclosure filed with BSE Limited.

Strategic Integration

Adaxx Pro will function as the programmatic advertising and branding platform for AdCounty Media. The integration aims to enhance data-driven media buying and brand-centric digital campaigns. Key capabilities being incorporated include audience targeting, digital media purchasing, campaign optimization, inventory management, and brand reach expansion.

This acquisition broadens AdCounty Media’s addressable market from AI-powered performance marketing to include display advertising, brand building, and programmatic media. The company intends to leverage operational synergies to offer unified solutions for both brand marketing and performance-based customer acquisition.

Leadership Commentary

Aditya Jangid, Chairman & Joint Managing Director, stated that the acquisition is a crucial step in enhancing technology-driven advertising expertise. He highlighted the synergy potential between AdCounty Media’s existing ecosystem and Adaxx’s capabilities to build a scalable, globally relevant AdTech business.

The deal allows the company to address the entire spectrum of digital advertising needs, including awareness, consideration, and performance goals through an integrated approach.

Historical Stock Returns for Adcounty Media

1 Day5 Days1 Month6 Months1 Year5 Years
-3.09%-9.48%-6.79%-29.17%-71.40%-42.64%

How will the integration of Adaxx's programmatic capabilities impact AdCounty Media's revenue mix and profit margins in the next two fiscal quarters?

What specific operational synergies or cost-saving measures does management expect to realize from combining AdCounty's AI performance marketing with Adaxx's brand-building platform?

Will AdCounty Media pursue further acquisitions to fill gaps in its digital advertising stack, or is this consolidation of its current portfolio strategy?

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1 Year Returns:-71.40%