Dynavision Limited confirmed that Chief Financial Officer Aditya J Krishna has resigned from the position at its material subsidiary, Dynavision Green Solutions Ltd, effective October 16, 2026. The departure is due to personal reasons.

The company filed an intimation with BSE Limited under Regulation 30(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. This disclosure clarifies the scope of the resignation, specifying that Mr. Krishna stepped down from the CFO role at the subsidiary rather than the parent entity.

Reason for Departure

According to the disclosure, Mr. Krishna cited personal reasons for stepping down. The resignation was accepted and became effective from the close of business hours on October 16, 2026. The filing was signed by Rubavathy C, Company Secretary and Compliance Officer. No further details regarding a successor or interim arrangement were disclosed in the immediate notification.

Dynavision Limited held its 51st Annual General Meeting on September 21, 2026, via video conference. The meeting concluded within 20 minutes after shareholders approved key resolutions, including material related party transactions.

The company secured approval for transactions with its subsidiary, Dynavision Green Solutions Limited. This special business item was passed as an ordinary resolution alongside routine agenda items. The voting results, filed with BSE on September 23, 2026, reveal that promoters abstained from voting on the related party resolution, leaving the decision entirely to public shareholders.

Meeting Proceedings

K. Skandan, Chairperson and Independent Director, occupied the chair for the proceedings. Suleelal V, Managing Director, introduced the board members and statutory auditors present. The meeting commenced at 3:00 pm and concluded at 3:20 pm.

A total of 64 members were present at the start of the meeting. This included two representatives from the promoter group and 62 public shareholders. One shareholder registered as a speaker and raised queries, which were addressed by the Chairperson.

Voting Results Breakdown

The following table details the e-voting outcomes for the three resolutions passed during the meeting:

Mr. A. Sudheer Reddy retires by rotation and offered himself for re-appointment. He serves as a Non-executive Director and Chairperson of the Stakeholders Relationship Committee and CSR Committee. Two public shareholders cast dissenting votes against his re-appointment, representing 100 shares out of 22,42,682 votes polled.

Governance and Compliance

Mrs. N. Srividhya, Practicing Company Secretary, was appointed as the Scrutinizer for the e-voting process. The Directors' Report was taken as read, with no qualifications in the Auditors Report requiring discussion under Section 145 of the Companies Act, 2013.

Registers of Directors' Shareholdings, Key Managerial Personnel, and Contracts involving Directors were available for online inspection. No proxy voting was required as physical presence was not mandated for this virtual meeting. The e-voting window ran from September 18 to September 20, 2026, facilitated by National Securities Depository Limited (NSDL).

What the Numbers Show

A distinct divergence appears in the voting pattern for the third resolution regarding related party transactions. While promoters held 21,40,940 shares, they abstained from voting on this specific item, citing their interest in the agenda. Consequently, the resolution passed based solely on the 1,01,732 shares voted by public non-institutional shareholders. Despite the low participation rate from the public (approx. 6% of their holding), the overwhelming support (99.90% in favour) indicates minimal public objection to the subsidiary transactions.