The board of Capillary Technologies approved the appointment of seven individuals as senior management personnel via a circular resolution on September 1, 2026. The appointments were made based on recommendations from the Nomination and Remuneration Committee.

The disclosures were filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also notified the exchanges regarding changes in investor relations responsibility.

New Appointments

The board approved the following appointments effective September 1, 2026:

Leadership Profiles

Rishi Pratim Ray, a Chartered Accountant with over seven years at the group, oversees business finance, corporate development, FP&A, and investor relations. He previously worked at S.R. Batliboi & Associates LLP and PwC.

Hipin Jain brings over 15 years of experience in loyalty, CRM, and customer success. He drives customer success strategies and product adoption across India, the Middle East, and Africa.

Sumit Kumar leads regional strategy and sales for the Middle East, Africa, and India. He holds an MBA from the University of Lincoln and has over 28 years of global experience in retail, FMCG, healthcare, and SaaS sectors.

Aruna Subramanian heads the legal function, overseeing regulatory compliance and contract negotiations. She is a qualified Associate Company Secretary with over 14 years of legal expertise.

Sumit Sureka leads financial operations and strategic capital management. A Chartered Accountant with an AMP from IIM Bangalore, he brings over 20 years of global finance leadership experience.

ShubhKant Kalsi directs regional customer success operations across Southeast Asia. He has been with the group for over 14 years and holds a B.Tech from NIT Rourkela.

Jayant Sharma serves as Chief of Staff, driving strategic initiatives and operational transformation. An alumnus of IIM Calcutta and IIT Kharagpur, he brings over 16 years of experience in technology and strategy.

Investor Relations Update

Consequent to Mr. Narayanan Alagappan ceasing his association with the company, Ms. Gireddy Bhargavi Reddy, Company Secretary and Compliance Officer, will be solely responsible for handling investor relations.

Capillary Technologies India Limited shareholders unanimously approved the company's FY26 audited financial statements and the re-appointment of Managing Director and CEO Aneesh Reddy Boddu during its 14th Annual General Meeting on August 28, 2026.

The scrutinizer's report, issued by BMP & Co. LLP on August 31, 2026, confirms that all three ordinary resolutions passed with requisite majority. Voting was conducted via remote e-voting and during the meeting through video conferencing.

Financial Performance Recap

During the proceedings, Mr. Boddu highlighted the company's financial performance for FY25-26. The firm reported revenue of ₹7,436 million, marking a 23% year-on-year growth. Adjusted EBITDA rose by 43% to ₹1,069 million. These figures underscore the company's ability to expand profitability at a faster pace than top-line growth during the period.

Key Operational Highlights

The management emphasized several strategic milestones achieved during the fiscal year:

• Listing on the BSE in November 2025, with the IPO oversubscribed 52.95 times.
• Recognition as a Leader in the Forrester Wave for Loyalty Platforms in Q4 2025.
• Diversification across geographies and sectors.
• Launch of AI-led initiatives, including the aiRA platform.

What the Numbers Show

The divergence between revenue growth (23%) and adjusted EBITDA growth (43%) indicates significant operating leverage. This suggests that fixed costs were spread over a larger revenue base or that variable cost management improved, allowing margins to expand disproportionately to sales growth.

Governance and Voting Details

Ms. Neelam Dhawan, Chairperson of the Company, presided over the meeting. The scrutinizer, Biswajit Ghosh of BMP & Co. LLP, verified the voting process which commenced on August 24, 2026, and concluded on August 27, 2026, for remote e-voting. Votes were unblocked on August 28, 2026, in the presence of independent witnesses.

Out of 19,452 shareholders on the record date (August 21, 2026), 105 members exercised their votes across the resolutions. The promoter group held 37,593,710 shares, while public institutions held 18,989,757 shares and non-institutional public shareholders held 23,005,264 shares.

Resolution Outcomes

All three resolutions were approved. The voting results for each resolution are detailed below:

Shareholders participated actively, raising questions regarding the company's growth roadmap, R&D spend, working capital dynamics, geographic expansion, and AI-based product initiatives. Voting was conducted electronically via NSDL.