Athena Global Technologies Limited has submitted the voting results and scrutinizer report for its Extra-Ordinary General Meeting held on March 25, 2026, to the BSE under Regulation 44 of SEBI (LODR) Regulations 2015. The company successfully conducted the EGM through Video Conferencing and Other Audio Visual Means, with all three resolutions passed by requisite majority.

EGM Overview and Participation

The EGM was conducted on March 25, 2026, at 12:00 Noon through VC/OAVM, chaired by M Satyendra, Chairman & Managing Director. The meeting addressed three key business items including warrant issuance, director reappointment, and material related party transactions.

Voting Results Summary

All three resolutions were passed with 100% votes in favor, demonstrating strong shareholder support. The voting process was conducted through remote e-voting and insta-poll mechanisms, supervised by scrutinizer Jineshwar Kumar Sankhala from P.S. Rao & Associates.

Resolution 1: Warrant Issuance (Special Resolution)

Issuance of up to 7,00,000 warrants convertible into equity shares to promoter on preferential basis received unanimous approval.

Resolution 2: Director Reappointment (Special Resolution)

Re-appointment of M. Satyendra as Chairman & Managing Director was approved with total votes of 3,304,133.

Resolution 3: Related Party Transactions (Ordinary Resolution)

Approval for material related party transactions with Medley Medical Solutions Private Limited received the same voting pattern as Resolution 1.

Scrutinizer Report and Compliance

Jineshwar Kumar Sankhala, Practicing Company Secretary from P.S. Rao & Associates, served as the appointed scrutinizer. The report confirmed that all resolutions were passed by requisite majority with 71 members voting in favor across all three resolutions and zero votes against any resolution.

The company utilized Central Depository Services (India) Limited (CDSL) for the electronic voting facility, ensuring compliance with MCA circulars and SEBI Listing Regulations. The cut-off date for determining eligible shareholders was March 18, 2026.

Regulatory Submission

Company Secretary Gayathri Prithviraj submitted the comprehensive voting results and scrutinizer report to BSE on March 26, 2026, fulfilling regulatory obligations under Section 108 of the Companies Act, 2013 and Regulation 44(3) of SEBI (LODR) Regulations 2015. The detailed results are also available on the company's website at www.athenagt.com .

Athena Global Technologies Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, demonstrating a remarkable turnaround with standalone profit of ₹348.36 lakhs compared to losses in previous quarters. The company's board meeting held on February 14, 2026, also approved significant strategic decisions including management re-appointment and fund raising initiatives through warrant issuance.

Q3FY26 Financial Performance

The company's standalone financial results show mixed performance with revenue declining quarter-over-quarter but achieving profitability after consecutive loss-making quarters. The significant improvement in profitability was primarily driven by substantial other income of ₹2,434.88 lakhs.

Consolidated Results and Segment Performance

The consolidated financial results reflect total revenue of ₹2,572.64 lakhs for Q3FY26 with profit before tax of ₹931.12 lakhs. The company operates across multiple business segments with leasing activity contributing the highest revenue.

Board Decisions and Strategic Initiatives

The board meeting resulted in key corporate governance decisions and fund raising proposals. Directors approved the re-appointment of the Managing Director for a three-year term and considered warrant issuance to promoter group members.

Fund Raising Through Warrants

The company's board approved a preferential allotment of up to 7,00,000 fully convertible equity share warrants of ₹10 each to promoter group members. Mr. Karthikeya Manchala's shareholding would increase from 6,50,000 shares (4.42%) to 13,50,000 shares (8.75%) post-conversion. The initiative requires shareholder approval and regulatory clearances as per SEBI ICDR Regulations 2018.

Key Financial Highlights

Other income includes significant components such as accrued interest of ₹38.56 lakhs on loans to subsidiary Medley Medical Solutions and ₹42.90 lakhs to Tutoroot Technologies. Additionally, other income includes profit of ₹2,339.75 lakhs on derecognition of investment property through perpetual lease execution. The financial results have been reviewed by statutory auditors Ramanatham & Rao in accordance with Standard on Review Engagements (SRE) 2410 and approved by the audit committee and board of directors.