Edvenswa Enterprises Limited concluded its 45th Annual General Meeting on September 29, 2026, with shareholders approving the adoption of audited financial statements for FY26. The meeting, conducted entirely through Video Conferencing, also saw the reappointment of Managing Director Uppuluri Sreenivasa Sreekanth.

The company disclosed that 50 members participated in the virtual meeting, which commenced at 10:00 am and concluded by 11:00 am. The Chairman briefed attendees on the company's performance during FY26, key business developments, and the future outlook, although specific financial figures were not detailed in the public proceedings summary.

Resolutions and Governance Updates

The agenda focused on standard statutory approvals and board continuity. Two primary ordinary resolutions were put to vote, covering the acceptance of annual accounts and the rotation-based retirement of the Managing Director.

The Statutory Auditors' Report and Secretarial Audit Report were taken as read, with no qualifications noted in either document. This indicates a clean audit opinion for the fiscal year, a positive signal regarding the company's compliance and financial reporting standards.

Meeting Proceedings and Attendance

The meeting was chaired by Uppuluri Sreenivasa Sreekanth, ensuring quorum was met before proceeding. Key management personnel present included Chief Financial Officer U. Krishnamurthy and CEO Krishna Mohan Adalath. Independent Directors A Ravikanth, G Jayachand, and N Srivani also attended.

Voting was conducted electronically, with remote e-voting facilities available from September 26 to September 28, 2026. Members who attended the live session but had not voted remotely were given an additional 15-minute window to cast their votes during the meeting. M/s B S S & Associates served as the scrutinizer for the voting process.

Edvenswa Enterprises Limited submitted a revised annual report for the financial year ended March 31, 2026, to the Bombay Stock Exchange on September 12, 2026. The filing addresses specific typographical errors found in the notice for the upcoming Annual General Meeting (AGM). All other contents within the annual report remain unchanged from the initial submission.

The company scheduled its 45th AGM for September 29, 2026, to be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM). Shareholders holding shares as of the cut-off date, September 22, 2026, are eligible to participate and vote electronically.

Corporate Governance and Board Composition

The Board of Directors comprises four members: Chairman and Managing Director Uppuluri Sreenivasa Sreekanth, who retires by rotation and offers himself for re-appointment, and three independent directors—N. Srivani, G. Jayachand, and A. Ravikanth. The board held seven meetings during FY26.

Key Managerial Personnel (KMP) include Chief Financial Officer U. Krishna Murthy and Company Secretary Hima Bindu Dulipala. Notably, the Managing Director and CFO are related parties.

Subsidiary Structure

As of March 31, 2026, Edvenswa Enterprises holds a 100% stake in Edvenswa Tech Inc. and Omni Networks Inc., both based in the USA. It also acquired a 51% stake in Strategemist Global Private Limited during the year. Selotsoft LLC operates as a step-down subsidiary under Edvenswa Tech Inc.

Compliance Observations

The secretarial audit report highlighted a non-compliance regarding Regulation 31(2) of the SEBI LODR Regulations, which mandates that 100% of promoter shareholding be in dematerialized form. Some promoters continue to hold shares in physical form. Additionally, the company noted it was unable to dematerialize 400 equity shares held by promoter Mr. Karthik L due to a lack of response from the shareholder.