Excelsoft Technologies disclosed an insider share purchase by its Chief Innovations Officer, Mysore Sudhindratheertha Adarsh, on September 4, 2026. The acquisition reflects continued confidence from the promoter group in the listed IT services firm.

Adarsh purchased 10,000 equity shares through the Bombay Stock Exchange (BSE). The total value of the transaction was ₹714,500, excluding taxes and brokerage charges. This brings his total holding to 497,500 shares, representing 0.43% of the company’s paid-up capital.

Transaction Details

The disclosure was made under Regulation 7 of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The trade was executed entirely on the open market via the stock exchange.

Shareholding Structure

Prior to this acquisition, Adarsh held 487,500 shares, accounting for 0.42% of the company’s equity. The post-transaction stake stands at 497,500 shares.

The disclosure notes that Adarsh’s shareholding includes holdings by his immediate relative, Mrs. Shruthi Sudhanva. She currently holds 457,500 equity shares in the company. The combined interest of the promoter group and designated persons remains a key component of the company’s ownership structure.

The total promoter group holding rose to 68,040,637 shares, representing 59.12% of the total voting capital, up from 59.11% before the transaction.

Regulatory Compliance

Excelsoft Technologies Limited filed the intimation with both the BSE and the National Stock Exchange of India Limited on September 4, 2026. The filing was signed by S M Adithya Jain, the Company Secretary and Chief Compliance Officer.

Excelsoft Technologies Limited has scheduled its 26th Annual General Meeting for Thursday, September 24, 2026 at 3:30 pm via Video Conferencing or Other Audio Visual Means, coinciding with the release of its first integrated annual report as a listed company.

The company notified BSE and NSE on August 27, 2026, with the registered office in Mysuru deemed the venue. The AGM notice and integrated annual report for FY26 are accessible at the company's investor relations website. Members without registered email addresses will receive a letter with the web-link to access the documents. The notice was signed by S M Adithya Jain, Company Secretary, Chief Compliance Officer and Chief Investor Relations Officer.

AGM details

Agenda items

The meeting will transact the following ordinary business:

• Receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, along with reports from the Board of Directors and Statutory Auditors.
• Appoint a Director in place of Mr. Colin Hughes (DIN: 02642180), Non-Executive Non-Independent Director, who retires by rotation and offers himself for re-appointment.

FY26 financial highlights

The annual report covers FY26 performance on both standalone and consolidated bases. Key consolidated financial metrics are presented below.

Consolidated revenue grew 16.82% in FY26, led by the Educational Technology Services segment, which expanded 20.86% to INR 1,536.21 Million and accounted for 56.37% of revenues. The company's IPO in November 2025, listing on BSE and NSE on November 26, 2025 at an issue price of INR 120 per share, raised INR 1,800 Million through a fresh issue. The company carries no long-term debt, with cash and bank balances of INR 1,461.03 Million as at March 31, 2026.

Segmental revenue breakdown

Key business developments

During FY26, Excelsoft added 14 new clients and secured three significant international assessment engagements: a leading UK examination body, VTCT Skills (UK) for 300,000 vocational examinations annually, and the Civil Service Commission of the Philippines for the Civil Service Digital Examination supporting over 300,000 candidates annually. The company also formalised a joint R&D agreement with AQA for AI-assisted e-marking of handwritten scripts. Four AI-first products were launched during the year: AI-Levate App Suite, Saras SchoolAI, Saras Assessments in a Box, and CareerSPARC. The company's AI handwriting recognition engine achieved 98.60% character-level accuracy.