E2E Networks files FY26 sustainability report with exchanges

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Turnover stood at ₹24,558.01 lakhs with CSR applicability confirmed
  • Non-renewable energy consumption more than doubled to 62,359.12 GJ
  • Employee count rose to 213 with overall turnover rate falling to 33.51%
  • Women hold 50% of board seats; zero regulatory penalties reported
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E2E Networks submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the National Stock Exchange and BSE on September 5, 2026. The filing outlines the company's environmental, social, and governance performance for the financial year ended March 31, 2026.

The company reported a turnover of ₹24,558.01 lakhs and a net worth of ₹1,67,600.75 lakhs. CSR provisions under Section 135 of the Companies Act, 2013 apply to the entity.

Environmental Metrics

Total energy consumption rose significantly in FY26 compared to the previous year. Non-renewable energy usage accounted for 62,359.12 GJ in FY26, up from 25,967.64 GJ in FY25. Renewable energy consumption remained at zero for both periods.

Metric FY26 FY25
Total Energy Consumed (GJ) 62,359.12 25,967.64
Scope 1 Emissions (MTCO2e) 5.75 4.03
Scope 2 Emissions (MTCO2e) 12,284.09 5,232.19

Water withdrawal decreased slightly to 1,951.70 kilolitres from 2,228.99 kilolitres in FY25. All water was sourced from third parties. Waste generation increased marginally to 9.47 metric tonnes from 9.22 metric tonnes, primarily consisting of office waste and cardboard.

Employee Data

The workforce expanded to 213 employees in FY26, up from 187 in FY25. Permanent employees numbered 207, with 175 males and 32 females. One differently abled employee was part of the permanent staff.

Turnover rates for permanent employees declined to 33.51% in FY26 from 40.87% in FY25. Female turnover dropped sharply to 43.75% from 56.00%, while male turnover fell to 31.48% from 44.36%.

Governance and Compliance

The Board of Directors includes five women, representing 50% of the total eight directors. No complaints regarding sexual harassment, discrimination, or child labour were recorded during the year. The company holds multiple certifications including ISO 9001:2015, ISO/IEC 27001:2022, and PCI DSS v4.0.1.

No fines, penalties, or regulatory actions were reported. Related-party transactions constituted a small fraction of operations, with sales to related parties at 0.92% of total sales.

Historical Stock Returns for E2E Networks

1 Day5 Days1 Month6 Months1 Year5 Years
+1.49%-2.68%+10.78%+144.83%+127.57%+12,052.53%

What specific operational expansions or infrastructure upgrades drove the 139% increase in non-renewable energy consumption, and does the company have a roadmap to integrate renewable sources given its current zero usage?

How does E2E Networks plan to address the high employee turnover rate of 33.51%, particularly among female staff, to improve retention and reduce recruitment costs in FY27?

With Scope 2 emissions more than doubling to 12,284 MTCO2e, what strategies is the company implementing to decarbonize its purchased electricity or shift towards greener energy suppliers?

E2E Networks sets Sept 28 AGM for ₹1,500 cr fundraise, pay hikes

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Reviewed by
Riya DScanX News Team
Key Highlights
  • E2E Networks schedules 17th AGM for September 28, 2026, to approve a ₹1,500 crore fundraise via QIP, rights, or FPO.
  • Managing Director Tarun Dua's pay ceiling doubles to ₹2.5 crore; Whole Time Director Srishti Baweja's rises to ₹1.5 crore.
  • Borrowing limits increase from ₹5,000 crore to ₹10,000 crore, with corresponding asset mortgage approvals.
  • Shareholders to waive recovery of ₹3.19 crore excess managerial pay from FY26 due to non-cash depreciation losses.
  • Co-location agreement limit with Larsen & Toubro Limited increases from ₹30 crore to ₹100 crore annually.
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E2E Networks has scheduled its 17th Annual General Meeting for September 28, 2026, seeking shareholder approval for a ₹1,500 crore fundraise, significant director remuneration hikes, and a doubling of borrowing limits to ₹10,000 crore.

Board approval for fundraise

The board approved raising up to ₹1,500 crore through equity shares or other eligible securities via qualified institutions placement (QIP), rights issue, follow-on public offering (FPO), or other mechanisms. The previous enabling resolution passed in October 2025 has expired, necessitating this fresh approval to support capital expenditure, debt repayment, working capital, and acquisitions.

Parameter Details
Fundraise amount Up to ₹1,500 crore
Approving authority Board of Directors
Potential instruments Equity shares, other eligible securities
Possible modes QIP, Rights, FPO, other mechanisms

Annual General Meeting details

The 17th AGM will be held on Monday, September 28, 2026, at 11:30 am through Video Conferencing or Other Audio Visual Means (VC/OAVM). Remote e-voting is available from Friday, September 25, 2026, at 9:00 am to Sunday, September 27, 2026, at 5:00 pm. Voting rights are based on shareholding as of the cut-off date, Monday, September 21, 2026.

Director remuneration revisions

Shareholders will vote on special resolutions to revise the remuneration of key managerial personnel, effective September 1, 2026, to March 31, 2029:

  • Mr. Tarun Dua (Managing Director): Remuneration ceiling doubled from ₹1.25 crore to ₹2.50 crore per annum.
  • Ms. Srishti Baweja (Whole Time Director): Remuneration increased from ₹1.25 crore to ₹1.50 crore per annum.
  • Ms. Megha Raheja (Whole Time Director): Remuneration term modified at ₹70 lakh per annum.

Additionally, the company seeks approval to waive the recovery of excess managerial remuneration aggregating ₹3.19 crore paid in FY26. This waiver is due to the absence of profits in FY26, primarily attributed to substantial non-cash depreciation charges despite operational revenues.

Borrowing powers and asset mortgage

The company proposes increasing its borrowing limit from ₹5,000 crore to ₹10,000 crore over and above paid-up capital and free reserves. Correspondingly, shareholders will be asked to approve the creation of mortgages, charges, or hypothecation on company assets to secure loans up to the same ₹10,000 crore limit.

Related party transaction with L&T

A material modification to the existing co-location agreement with Larsen & Toubro Limited (L&T) is being sought. The annual transaction limit under the co-location agreement will increase from ₹30 crore to ₹100 crore. No modifications are proposed for the existing reseller or software licence agreements with L&T.

Electronic dispatch of AGM notice

The AGM notice and Annual Report for FY26 will be dispatched electronically only to shareholders with registered email addresses as of August 28, 2026. Shareholders without registered emails have been requested to update their details via newspaper advertisements published on September 1, 2026.

Historical Stock Returns for E2E Networks

1 Day5 Days1 Month6 Months1 Year5 Years
+1.49%-2.68%+10.78%+144.83%+127.57%+12,052.53%

How will the proposed ₹1,500 crore fundraise impact existing shareholders' equity through potential dilution from QIP or rights issues?

What specific acquisition targets or capital expenditure projects is E2E Networks prioritizing with the newly approved ₹1,500 crore raise?

How does the doubling of the borrowing limit to ₹10,000 crore affect the company's debt-to-equity ratio and credit rating outlook?

More News on E2E Networks

1 Year Returns:+127.57%