Axis Solutions has scheduled its 41st Annual General Meeting for September 19, 2026. The meeting will address the adoption of financial statements for FY26 and propose a final dividend of ₹0.60 per equity share.

The company will also seek shareholder approval for the re-appointment of statutory auditors and significant revisions to executive compensation. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (OAVM).

Dividend Proposal

The Board has recommended a final dividend of ₹0.60 per equity share on a face value of ₹10 each for the financial year ended March 31, 2026. This represents a 6% payout ratio relative to the face value. The record date for determining dividend entitlement is fixed for September 12, 2026. Shareholders holding shares in physical form must ensure their bank details are updated to receive electronic payments, as per SEBI mandates effective April 1, 2024.

Executive Remuneration Revisions

Shareholders will vote on special resolutions to revise the annual remuneration ceilings for three key executives, effective from April 1, 2026. The increases align with expanded responsibilities and industry benchmarks.

The proposed remuneration includes both fixed and variable components. In the event of inadequate profits, the company will continue to pay minimum remuneration within these specified limits.

Auditor Appointments

The meeting will also cover the re-appointment of M/s. Chandabhoy & Jassoobhoy as Statutory Auditors for a second term of five years, concluding after the 46th AGM in FY31. The proposed fee cap is ₹10,00,000 plus out-of-pocket expenses. Additionally, M/s. Utkarsh Shah & Co. will be re-appointed as Secretarial Auditors for five years, with fees set at ₹1,40,000 for FY27.

Annual Report Dispatch

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Axis Solutions has dispatched letters containing web-links to the FY26 Annual Report. This action targets members who have not registered their email addresses with the company, depositories, or the Registrar and Share Transfer Agent, Accurate Securities and Registry Private Limited.

The cut-off date for this dispatch is September 12, 2026. Shareholders are urged to update their email addresses with their depository participants to receive future communications electronically, supporting the company's green initiative.

What the Numbers Show

The remuneration structure indicates a concentrated leadership model. Managing Director Bijal Sanghvi and Executive Director Purvi Sanghvi are husband and wife, collectively controlling over 90% of the company's equity through their combined holdings of 3,22,26,384 and 79,96,632 shares respectively. This high promoter concentration suggests that decisions regarding executive pay are likely to pass easily given their voting power.

Axis Solutions Limited has secured a significant working capital facility of Rs 20.00 crore from The Hongkong And Shanghai Banking Corporation Limited (HSBC) through the execution of a deed of hypothecation on March 12, 2026. The facility is strategically aimed at expanding the company's business operations and strengthening its financial position.

Facility Details and Structure

The working capital arrangement represents a substantial financial commitment that will support Axis Solutions Limited's growth initiatives. The company has disclosed this transaction under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full transparency with stakeholders.

Comprehensive Security Framework

The loan agreement incorporates a robust security structure to protect the lender's interests while providing Axis Solutions Limited with the necessary capital for expansion. The security arrangements demonstrate the company's commitment to the facility terms and provide multiple layers of protection.

Security Components:

• Personal Guarantees: Mr. Bijal Sanghvi and Mrs. Purvi B Sanghvi have provided personal guarantees
• Asset Charges: First pari-passu charge on current and future current assets of the company
• Property Security: First pari-passu charge on industrial property at Plot No. 107-112, GIDC Kathwada, Odhav Industrial Estate, Ahmedabad
• Deposit Under Lien: INR 1.2 million deposit arrangement

Implementation Timeline

The agreement includes a structured timeline of 180 days for security creation and perfection, including obtaining pari-passu letters from existing banks. This timeline ensures proper documentation and legal compliance while allowing the company to access the facility efficiently.

Strategic Implications

This working capital facility positions Axis Solutions Limited to pursue its expansion objectives with enhanced financial flexibility. The company's ability to secure funding from a major international bank like HSBC reflects confidence in its business model and growth prospects. The facility will provide the necessary liquidity to support operational expansion and capitalize on business opportunities.

The transaction does not involve any related party arrangements, as confirmed in the regulatory disclosure, ensuring arm's length terms and conditions. Director Purvi Sanghvi, with DIN No.: 01932029, signed the disclosure documents, emphasizing the company's commitment to regulatory compliance and transparency in corporate governance.