GlobalSpace Technologies Ltd concluded its 16th Annual General Meeting (AGM) on September 29, 2026, with all proposed resolutions passing by the requisite majority. The virtual meeting, conducted via video conferencing, addressed key governance matters including the re-appointment of the Managing Director and the ratification of material related party transactions.

The proceedings commenced at 3:30 pm and concluded at 4:06 pm, followed by a 15-minute window for electronic voting completion. A total of 43 shareholders participated through video conferencing, comprising one promoter group member and 42 public shareholders. The statutory auditors, secretarial auditor, internal auditors, and scrutinizers also attended the session.

Key governance decisions

The members adopted the audited financial statements for the financial year ended March 31, 2026, along with the Board of Directors' report. The AGM also approved the re-appointment of Mrs. Beauty Krishna Murari Singh as a Non-Executive Non-Independent Director upon her retirement by rotation.

Significant leadership continuity was affirmed through the re-appointment of Mr. Girish Kasaragode Mallya as an Independent Director for a second term via a special resolution. Furthermore, shareholders approved the re-appointment of Mr. Krishna Murari Singh as Managing Director for a five-year term effective April 1, 2027, to March 31, 2032, along with his remuneration package.

Related party transactions

The meeting focused on material related party transactions involving Makebot Robotic Solutions Limited. Members ratified transactions entered into during FY26 and approved future material related party transactions with the entity for FY27. These approvals ensure compliance with SEBI Listing Regulations regarding related party disclosures.

Voting and participation details

Voting was conducted through remote e-voting and electronic voting during the AGM, facilitated by National Securities Depositories Limited (NSDL). The remote e-voting period ran from September 26, 2026, to September 28, 2026. Mr. Abhay J Pal, Partner at M/s. AJP & Associates, served as the Scrutinizer for the voting process. The consolidated Scrutinizer's Report confirmed that all resolutions embodied in the notice were passed with the requisite majority.

Globalspace Technologies Limited has scheduled its 16th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be conducted via video conferencing from its registered office in Navi Mumbai.

The company submitted its annual report for FY26 to the Bombay Stock Exchange on September 5, 2026, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Krishna Murari Singh, Managing Director, signed the submission.

Key Agenda Items

Shareholders will vote on several ordinary and special resolutions during the meeting. The key agenda items include:

Related Party Transactions

The AGM seeks ratification for material related party transactions entered with M/s Makebot Robotic Solutions Limited during FY25-26. These include sales of goods/services amounting to ₹3,82,38,000 and purchases amounting to ₹1,62,36,000.

Additionally, shareholders will approve future material related party transactions with M/s Makebot Robotic Solutions Private Limited for FY26-27, capped at an aggregate value not exceeding ₹12,00,00,000 per annum. These transactions involve receiving advances and the sale or purchase of goods and services.

Management Re-appointments

Mr. Krishna Murari Singh is proposed for re-appointment as Managing Director for a term of five years, from April 1, 2027, to March 31, 2032. His proposed remuneration is fixed at ₹60,00,000 per annum.

Mrs. Beauty Krishna Murari Singh retires by rotation and offers herself for re-appointment as a Non-Executive Non-Independent Director. Mr. Girish Kasaragode Mallya is up for re-appointment as an Independent Director for a second consecutive term of five years, from March 10, 2025, to March 10, 2030.

AGM and E-Voting Details

Shareholders can participate in the AGM through Video Conferencing or Other Audio Visual Means. Electronic copies of the notice and annual report are being sent to members with registered email addresses.

For members without registered emails, the company issued a letter providing web links to access the documents. The cut-off date for e-voting eligibility is Wednesday, September 22, 2026.

Regulatory Compliance and KYC Update

In compliance with Regulation 36(1)(b), the company informed non-registered shareholders about accessing the annual report via its website and NSDL’s e-voting portal. The letter also serves as a reminder to update KYC details as per SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024.

Security holders holding physical shares must update PAN, address, mobile number, bank account details, specimen signature, and nomination choice. Payments for folios with incomplete KYC will be made only electronically from April 1, 2024 onwards.

Corporate Information

Globalspace Technologies Limited, formerly known as Globalspace Technologies Private Limited, maintains its registered office at Rupa Solitaire Building, Millennium Business Park, Mahape, Navi Mumbai. The company’s CIN is L64201MH2010PLC211219.