Alphageo (India) Limited shareholders approved the reappointment of Mr. Dinesh Alla as Chairman and Managing Director for five years at its 39th Annual General Meeting held on September 18, 2026. The resolution passed with 99.99% support from votes polled.

The meeting also ratified a final dividend of ₹5 per equity share for FY26 and approved the reappointment of Mr. Sashank Alla as Whole-Time Director. All five resolutions on the agenda were passed with requisite majorities.

Voting Participation and Results

Of the 15,082 shareholders on record as of September 11, 2026, only 66 members attended the meeting via video conferencing. These attendees held 1,960,417 shares, representing 30.80% of the company's capital. The promoter group accounted for 30.67% of this participation, while public shareholders held 0.13%.

E-voting was facilitated by KFin Technologies Limited from September 14 to September 17, 2026. Scrutinizer M/s. D. Hanumanta Raju & Co. confirmed that the process complied with SEBI LODR Regulation 44 and Companies Act 2013 requirements.

Resolution-wise Voting Breakdown

The following table details the voting outcomes for each resolution:

Promoter shareholders voted unanimously in favour of all resolutions via e-voting and poll. Public non-institutional shareholders cast negligible votes against the financial statements and dividend resolutions (4 votes total).

Board Appointments and Tenure

Key governance outcomes included:

• Reappointment of Mr. Dinesh Alla as CMD for five years, effective August 21, 2026. His remuneration was fixed for three years from the same date.
• Reappointment of Mr. Sashank Alla as Whole-Time Director, who retires by rotation. His remuneration was approved for the remaining two years of his tenure, effective September 29, 2026.

Mr. Dinesh Alla has served as Managing Director since August 21, 1991, and as Chairman since 2017. He is the spouse of Joint Managing Director Mrs. Savita Alla and father of Mr. Sashank Alla.

Alphageo (India) Limited has scheduled its 39th Annual General Meeting (AGM) for Friday, September 18, 2026, at 11:00 am via Video Conferencing. The meeting will address the approval of the FY26 dividend and the reappointment of key directors.

AGM Details and Dividend Approval

The Board recommended a dividend of ₹5 per equity share of face value ₹10 each during its meeting on May 27, 2026. This payout is subject to shareholder approval at the AGM. The record date for determining eligible shareholders remains Friday, September 11, 2026. If approved, the dividend will be paid electronically on or before October 17, 2026.

E-Voting Schedule

Shareholders can participate in remote e-voting during the following window:

Members can attend the AGM through VC/OAVM or view the live webcast at meetings.kfintech.com. Members attending through VC/OAVM shall be reckoned for the purpose of quorum under section 103 of the Companies Act, 2013.

Director Reappointments and Remuneration

The AGM agenda includes two special resolutions regarding director appointments:

1. Reappointment of Mr. Dinesh Alla: Shareholders will vote on the reappointment of Mr. Dinesh Alla as Chairman and Managing Director for five years, effective August 21, 2026. His remuneration for the first three years of this tenure is also up for approval.
2. Remuneration of Mr. Sashank Alla: The meeting will consider approving the remuneration for Mr. Sashank Alla, Whole Time Director, for the remaining two years of his current tenure, from September 29, 2026, to September 28, 2028.

Financial Performance Context

The AGM coincides with the adoption of audited financial statements for FY26. Key financial indicators for the year ended March 31, 2026, are:

The company reported a net loss of ₹1,429.49 lakh in FY26, widening from a loss of ₹763.30 lakh in FY25. Despite the loss, total revenue grew to ₹10,972.04 lakh from ₹9,096.27 lakh in the previous year. The Board attributed the losses primarily to declining profit margins and competitive pricing pressures in the geophysical data services sector.

What the Numbers Show

While revenue expanded by approximately 20% YoY, the net loss nearly doubled, indicating that cost structures or pricing pressures outpaced top-line growth. The proposed ₹5 dividend represents a significant cash outflow relative to the company’s negative net worth trend (down from ₹24,364.69 lakh to ₹22,431.75 lakh), highlighting a commitment to shareholder returns despite operational headwinds.

Tax and Compliance Updates

Shareholders must submit relevant documents by September 11, 2026, at 5:00 pm IST to avail beneficial tax rates. TDS rates vary by category: 10% for resident individuals if dividends exceed ₹10,000; 20% for non-residents plus surcharge/cess. Physical shareholders must update KYC details via Form ISR-1 to receive dividends electronically.

In compliance with Regulation 36(1)(b) of SEBI Listing Regulations, letters providing web-links to the Annual Report were dispatched on August 27, 2026, to shareholders who have not registered email addresses with the company or its Registrar and Share Transfer Agent, M/s KFin Technologies Limited. The notice of the 39th AGM along with the Annual Report for the financial year 2025-2026 was sent on Wednesday, August 26, 2026, through electronic mode to members with registered email addresses.

Special Window for Transfer and Dematerialisation

Pursuant to SEBI Circular dated January 30, 2026, shareholders are informed that SEBI has opened a special one-year window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical shares. This facility is available for shares sold or purchased prior to April 1, 2019 and for transfer requests earlier rejected, returned, or not processed due to deficiencies in documents or process. Requests must be accompanied by original share certificates, transfer deeds, and requisite documents; cases involving disputes between transferor and transferee are excluded and must be settled through court/NCLT, while shares already transferred to IEPF are not eligible. Securities transferred under this window will be credited only in demat mode and remain under lock-in for one year, during which they cannot be transferred, pledged, or lien-marked.