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.

Alphageo (India) Limited disclosed that Sashank Alla, a member of the promoter group and serving as Whole-time Director, sold 1,500 equity shares on the open market on August 17, 2026. The company filed the disclosure with the National Stock Exchange of India Limited and BSE Limited on August 18, 2026.

The sale was executed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates disclosures for changes in shareholding by promoters and persons acting in concert.

Shareholding Changes

Prior to the transaction, Sashank Alla held 2,24,000 equity shares carrying voting rights. This represented 3.52% of the total share capital and 3.52% of the total diluted share capital of the company. There were no encumbrances, warrants, or convertible securities associated with his holding before the sale.

Following the disposal of 1,500 shares, which accounted for a 0.02% reduction in stake, his remaining holding stands at 2,22,500 shares. This equates to 3.50% of both the total share capital and the total diluted share capital.

Capital Structure

The company's total equity share capital remained unchanged at 63,64,767 equity shares of ₹10 each, amounting to ₹6,36,47,670. The total diluted share capital also remains at 63,64,767 equity shares, indicating no outstanding convertible securities or warrants that would alter the voting power upon conversion.

Sakshi Mathur, Company Secretary & Compliance Officer of Alphageo (India) Limited, signed the disclosure filed with the exchanges.