Cadsys (India) Limited held an Extra-Ordinary General Meeting (EGM) on May 28, 2026, to seek shareholder approval for related party transactions. The meeting, conducted via Video Conferencing, ratified transactions for FY 2025–26 and approved new transactions with Apex Advanced Technology LLC and Cadsys Technologies LLC for FY 2026–27. These approvals are essential for the company to continue its business operations with associated entities during the specified fiscal years.

The EGM commenced at 09:00 A.M. IST and concluded at 09:32 A.M. IST. Mr. Nallani Chakravarthi Venkata Rangacharya, Managing Director, chaired the meeting. The Board appointed Mr. Nitesh Agarwal, Practicing Company Secretary, as the Scrutinizer to oversee the remote e-voting process and the e-voting conducted during the EGM. The statutory auditors and internal auditors were present, while the Secretarial Auditor did not attend due to prior commitments.

Resolutions Passed

Shareholders voted on three ordinary resolutions concerning related party transactions. The resolutions covered the ratification of transactions for the previous fiscal year and the approval of future transactions with specific entities for the upcoming year.

The Chairman informed the members that the voting results would be announced on the company's website and intimated to the stock exchange within 48 hours of the conclusion of the meeting. Subject to the receipt of the requisite number of votes, the resolutions were deemed to be passed as on the date of the EGM. The Scrutinizer's Report was received post-meeting, confirming that all resolutions were passed with the requisite majority.