Birlasoft Limited shareholders overwhelmingly approved the company’s audited financial statements and dividend declarations at its 35th Annual General Meeting (AGM) held on July 27, 2026, via video conferencing. While routine resolutions passed with near-unanimous support exceeding 99.9%, the reappointment of Chandrakant Birla as a director liable to retire by rotation encountered notable resistance from public institutional investors, who voted against the measure by 16.41%. The meeting, chaired by Chairman & Non-Executive Director Mrs. Amita Birla, saw participation from 57 members, including promoters and public shareholders, establishing the requisite quorum.

The proceedings adhered to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant Ministry of Corporate Affairs circulars. Jayavant B. Bhavé of J. B. Bhavé & Co., appointed as scrutinizer by the Board on May 6, 2026, certified the e-voting process conducted through National Securities Depository Limited (NSDL). The remote e-voting period ran from July 22 to July 26, 2026, followed by live e-voting during the AGM. A total of 420,152 shareholders were on record as of July 20, 2026, though only a fraction participated in the poll.

Voting Results Breakdown

Shareholder support varied significantly across resolutions, particularly regarding governance matters. The adoption of standalone and consolidated financial statements, along with the confirmation of interim and declaration of final dividends, received robust backing from all investor categories. Promoter group holdings, totaling 112,905,785 shares, voted unanimously in favor of all four resolutions. Public institutional investors also supported the financial and dividend resolutions with 100% affirmative votes.

The divergence in sentiment was most evident in Resolution 4, concerning Chandrakant Birla’s reappointment. While promoter shares and non-institutional public shareholders voted overwhelmingly in favor (99.51%), public institutional investors cast 13,121,212 votes against the resolution, representing 16.41% of their polled votes. This resulted in an overall approval rate of 93.25% for the director’s reappointment, marking the only resolution to face substantial opposition.

Governance and Attendance

Seven directors attended the meeting, including CEO and Managing Director Angan Guha, CFO Chandrasekar Thyagarajan, and Company Secretary Sneha Padve. Independent directors Ananth Sankaranarayanan, Satyavati Berera, Nidhi Killawala, and Manish Choksi were also present. Ms. Berera, Chairperson of the Audit Committee, addressed the reappointment resolution. The statutory auditor, S R B C & Co LLP, issued an unqualified report with no adverse remarks or disclaimers.

Two categories of shares had frozen voting rights: 230,830 shares transferred to the Investor Education and Protection Fund and 10,000 shares in the Unclaimed Suspense Account. These shares did not participate in the voting process. The consolidated voting results were submitted to stock exchanges within prescribed timelines, concluding the company’s annual governance cycle for FY26.

Birlasoft has scheduled a conference call to discuss its financial results for the quarter ended June 30, 2026. The earnings call will take place on July 28, 2026, at 5:30 PM IST, following the announcement of the company's Q1FY27 results earlier the same day. The event is open to equity and investment analysts, as well as investors, and will feature a management presentation followed by a question-and-answer session.

The company, part of the CKA Birla Group, will provide access to the call through various domestic and international dial-in numbers. An audio recording and a full transcript of the proceedings will subsequently be made available on the corporate website for stakeholders unable to attend the live session.

Conference Call Details

The following table outlines the dial-in and playback information for participants:

Playback of the conference call will be available from July 28, 2026, until July 30, 2026. Participants wishing to access the recording must use the playback code 29386#.

Company Background

Birlasoft is a global technology company specializing in digital transformation through Cloud, AI, Data, and enterprise solutions. The firm employs over 11,000 professionals and operates as a subsidiary of the CKA Birla Group. For further inquiries regarding the earnings call, investors may contact Abhinandan Singh, SVP & Global Head of Investor Relations.