Colab Platforms Limited has secured shareholder approval to appoint two new independent directors and a statutory auditor following the conclusion of its postal ballot on 12 Jun 2026. The resolutions were passed through remote e-voting, with the scrutinizer's report submitted by M/s. Aarju Agrawal & Associates, Practicing Company Secretaries, confirming the outcomes.

The company sought approval for the appointment of Mrs. Hemant Kumar (DIN: 11539643) and Mr. Sudhakar Mishal (DIN: 11639555) as Non-Executive Independent Directors. Additionally, shareholders voted to appoint M/s. Nagadheep Sathyanarayana and Co., Chartered Accountants (FRN: 008003S), as Statutory Auditors to fill a casual vacancy. The voting process was conducted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results Summary

The remote e-voting process commenced on 14 May 2026 and concluded on 12 Jun 2026. A total of 113,653,997 votes were polled across all resolutions, representing 55.71% of the outstanding shares. The table below details the voting outcomes for each resolution.

Breakdown by Shareholder Category

The voting participation varied across different shareholder categories. Promoters and the Promoter Group cast 63,108,400 votes, all in favour of the resolutions. Public non-institutional shareholders cast 44,545,537 votes, with a small percentage voting against the proposals. Public institutions did not participate in the voting process.

The scrutinizer unblocked the remote e-voting system on 13 Jun 2026 in the presence of two independent witnesses. The report confirms that all resolutions were passed with the requisite majority. The detailed e-voting reports will be handed over to the company for record-keeping.

Colab Platforms Limited reported a 61% year-on-year increase in consolidated net profit to ₹461.68 lakh for the financial year ended March 31, 2026, driven by robust operational scale and business execution. Revenue from operations surged 129% to ₹15,828.10 lakh during FY26, compared to ₹6,902.94 lakh in the previous year, reflecting strong momentum across its diversified technology ecosystem. Consolidated total income for the year rose 133% to ₹16,324.88 lakh from ₹7,005.69 lakh in FY25. The company reported an Earnings Per Share (EPS) of ₹0.226 for FY26.

The Board of Directors of Colab Platforms Limited approved the audited standalone and consolidated financial results for the period ended March 31, 2026, at a meeting held on May 28, 2026. The meeting was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Nagadheep Sathyanarayana and Co., Statutory Auditors of the company, issued an Independent Auditors' Report with an unmodified opinion on the financial statements.

Standalone Q4 Performance

On a standalone basis, Colab Platforms posted Q4 net profit of ₹82.81 lakh, compared to ₹95.29 lakh in the corresponding quarter of the previous year. Standalone Q4 revenue came in at ₹5,212.26 lakh versus ₹2,049.12 lakh in the year-ago period, reflecting significant top-line expansion. EBITDA for the quarter stood at ₹264.99 lakh against ₹124.36 lakh year-on-year, while the EBITDA margin expanded to 5.08% from 6.07% in the same period last year.

The following table summarises the key standalone Q4 metrics:

Consolidated Operational Performance

The March 2026 quarter demonstrated continued strong operational traction on a consolidated basis, with revenue from operations for Q4 FY26 rising 154% year-on-year to ₹5,212.56 lakh from ₹2,049.12 lakh in the corresponding quarter of the previous year. Consolidated total income for Q4 FY26 increased 154% to ₹5,212.56 lakh from ₹2,049.12 lakh in Q4 FY25. On a sequential basis, revenue from operations grew from ₹4,552.61 lakh in Q3 FY26 to ₹5,084.89 lakh in Q4 FY26, registering a 12% quarter-on-quarter increase in total income.

Consolidated net profit for Q4 FY26 stood at ₹78.71 lakh, compared to ₹95.29 lakh reported in the corresponding quarter of the previous year. The company stated that FY26 was a year of strong operational growth and strategic expansion, with initiatives focused on building scalable technology ecosystems across Artificial Intelligence, fintech, sports technology, gaming, drones, and digital infrastructure.

Consolidated Financial Highlights

The following table outlines the key financial metrics for Colab Platforms Limited for the consolidated financial results:

Auditor's Report and Compliance

M/s. Nagadheep Sathyanarayana and Co., Chartered Accountants, were appointed as statutory auditors during the year following the resignation of the previous auditors. The auditors reported that the company has not incurred cash losses during the financial year covered by the audit or the immediately preceding financial year. They also confirmed that the company has not defaulted in the repayment of loans or other borrowings and has not been declared a willful defaulter by any bank or financial institution.

The auditors further stated that the company has an internal audit system commensurate with the size and nature of its business. The financial statements were prepared in compliance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013. The Board confirmed that the statutory auditors have expressed an unmodified opinion on the audit report pertaining to the audited financial results for the year ended March 31, 2026.