Cambridge Technology Enterprises Limited held its 27th Annual General Meeting on September 29, 2026, via video conferencing. The meeting focused on the adoption of financial statements for FY26 and several administrative and strategic approvals.

Meeting proceedings and attendance

The meeting commenced at 11:30 am and concluded at 12:30 pm. A total of 56 shareholders attended virtually, comprising one promoter and 55 public shareholders. The requisite quorum was confirmed by Mr. Raj Kumar Sehgal, Whole-Time Director and CFO, who chaired the session. Ms. Priyanka Chugh, Company Secretary and Compliance Officer, facilitated the procedural aspects of the virtual gathering.

The statutory registers, audit reports, and corporate documents were made available for electronic inspection upon request. The Statutory Auditor's Report for FY26 was noted to be unqualified, containing no adverse comments or observations. However, a delay in filing the shareholding pattern with the National Stock Exchange under Regulation 31(1) of SEBI LODR Regulations was highlighted in the Secretarial Auditor's Report. The company stated that this inadvertent delay had been rectified, with the applicable fine paid.

Resolutions passed

Shareholders voted on four key items through remote e-voting and live e-voting during the meeting. The voting window remained open for 15 minutes after the conclusion of the discussion for participants who had not yet cast their votes.

Ms. Jayalakshmi Kumari Kanukollu, who retired by rotation, offered herself for reappointment as a director. Additionally, shareholders approved the assignment or transfer of a loan receivable from FA Software Services Private Limited.

Governance and compliance updates

Ms. Komal Singh, Practicing Company Secretary, served as the Scrutinizer to ensure fair and transparent voting processes. The company informed members that detailed voting results would be uploaded to its website and communicated to stock exchanges in accordance with SEBI listing regulations.

The Chairperson addressed shareholder queries raised during the open forum. Any unresolved questions were promised to be answered via email within 15 working days. The meeting concluded with thanks to the board, auditors, and shareholders for their continued support.

Cambridge Technology Enterprises has confirmed the key dates for its 27th Annual General Meeting, scheduled for September 29, 2026. The company announced that the Register of Members will remain closed from September 23 to September 29, 2026, to determine voting eligibility.

The AGM notice, dated September 2, 2026, was filed with BSE Limited and National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board approved the notice at its meeting held on September 2, 2026. Shareholders may register questions or views in advance by writing to investors@ctepl.com on or before September 25, 2026.

AGM agenda

The meeting will take up four items of business. The first three are ordinary resolutions and the fourth is a special resolution requiring shareholder approval by simple majority and special majority respectively.

Auditor transition

M/s. B R A N D & Associates LLP, appointed at the 22nd AGM held on September 27, 2021, will complete their mandatory five-year term at the conclusion of this AGM. The board, on the recommendation of the Audit Committee, has proposed M/s. S B C & Co., Chartered Accountants (FRN: 004673S) as the incoming statutory auditors for a term of five consecutive years, from the conclusion of the 27th AGM until the conclusion of the 32nd AGM to be held in the calendar year 2031.

S B C & Co. holds a Peer Review Certificate (No. 021792) valid until July 31, 2028, and operates with 14 partners and 128 staff across offices in Hyderabad, Delhi, Mumbai, Visakhapatnam, Vijayawada, Bengaluru, Tirupati, and Chennai. The outgoing auditors were paid fees of ₹16,00,000 for the financial year ended March 31, 2026. The incoming firm has proposed fees of ₹8,00,000 per annum, to be finalised by the board after Audit Committee recommendation. The rationale cited is a reduction in the volume of transactions in subsidiaries.

Loan assignment: special resolution

FA Software Services Private Limited, a wholly owned subsidiary of Cambridge Technology Enterprises, carries an outstanding loan liability towards the company with a principal amount of ₹15,22,25,760. The board has proposed assigning this loan receivable to Aglow Financial Services Private Limited for a consideration of ₹40,00,000, subject to finalisation of definitive documentation. Interest accrued and payable on the assigned debt is excluded from the assignment and will continue to remain recoverable by the company. Aglow Financial Services Private Limited is not a related party of the company under the Companies Act, 2013 or the SEBI LODR Regulations.

Director re-appointment

Ms. Jayalakshmi Kumari Kanukollu, who has served on the board since March 14, 2015, retires by rotation under Section 152(6) of the Companies Act, 2013 and offers herself for re-appointment. She holds a Ph.D. in Social Sciences along with postgraduate qualifications in Economics, Political Science, Hindi, and Education, and brings more than 20 years of experience in the educational sector. She currently holds no shares in the company and draws sitting fees of ₹15,000 per meeting for attending board and committee meetings.

E-voting and key dates

The company has engaged National Securities Depository Limited (NSDL) as the authorised agency for remote e-voting and e-voting on the day of the AGM.

Voting rights will be in proportion to paid-up equity share capital held as on the cut-off date of September 22, 2026. Members whose names appear in the Register of Members or as beneficial owners as on that date are eligible to cast their vote electronically.