Artificial Electronics Intelligent Material Limited (formerly Datasoft Application Software India Limited) has announced the book closure period for its upcoming Annual General Meeting. The company’s register of members and share transfer books will remain closed from September 4, 2026 to September 11, 2026, both days inclusive.

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The book closure is necessary to determine the shareholders eligible to receive the notice for the 34th AGM and those entitled to participate in e-voting.

Key Dates

The company specified distinct cut-off dates for different purposes related to the AGM process. Shareholders holding equity shares as on these dates will be eligible for the respective actions.

The company secretary, Chayonika Paloi, signed the disclosure on August 20, 2026. The company requested BSE Limited to take this intimation on record and display it on the stock exchange website.

Artificial Electronics Intelligent Material Limited reported a dramatic turnaround in its financial performance for FY26, with consolidated net profit jumping 12-fold to ₹367.7 crore from ₹28.3 crore in FY25. The surge was underpinned by a 475% year-on-year increase in revenue from operations, which climbed to ₹1,501.0 crore from ₹261.0 crore.

The company’s standalone figures mirrored this growth trajectory. Standalone profit after tax reached ₹367.5 crore, compared to ₹28.3 crore in the prior fiscal year. Revenue from operations on a standalone basis stood at ₹1,499.7 crore, reflecting robust business activity across its semiconductor materials and electronic design automation segments.

Financial Highlights

The balance sheet expanded significantly during the period, with total assets rising to ₹2,673.7 crore from ₹553.1 crore. This asset base growth was supported by substantial capital infusion through preferential allotments. The company allotted 97.5 lakh equity shares at ₹40 per share and issued 118 lakh convertible warrants, raising significant funds that were fully utilized by the end of the financial year.

Related Party Transactions

The Board of Directors sought shareholder approval for material related-party transactions totaling ₹600 crore for the upcoming fiscal year. This includes an aggregate limit of ₹500 crore for transactions with Polymatech Electronics Limited and ₹100 crore with AIMOTO Works Private Limited. These entities are linked to the company’s promoters and directors, including Eswara Rao Nandam and Uma Nandam.

The proposed transactions cover the sale and purchase of goods, leasing of property, and rendering of services. Management stated these arrangements are designed to leverage specialized expertise within the group, ensuring seamless access to resources and enhancing operational efficiency.

What the Numbers Show

A key observation in the FY26 filing is the divergence between operating cash flows and reported profits. While the company posted a strong net profit of ₹367.7 crore, net cash flow from operating activities turned negative at -₹1,575.4 crore. This outflow was primarily driven by a sharp increase in trade receivables, which rose to ₹1,126.2 crore, and a rise in inventories to ₹130.5 crore. The negative operating cash flow indicates that while sales volumes have scaled rapidly, collections from customers are lagging behind revenue recognition, tying up significant working capital.

Governance and Capital Structure

The company’s paid-up equity capital increased to ₹276.7 crore following the preferential issues. No dividend was recommended for FY26 as the board opted to conserve resources for future growth prospects. The board also noted the incorporation of AIMOTO Works Private Limited as a subsidiary during the year, further consolidating its group structure.

The 34th Annual General Meeting is scheduled for September 11, 2026, where shareholders will vote on these related-party transaction approvals and the re-appointment of director Eswara Rao Nandam.