Glottis Limited concluded its 4th Annual General Meeting on September 28, 2026, with shareholders approving all proposed resolutions. The meeting, held via video conferencing, saw the adoption of audited financial statements for FY26 and the re-appointment of Managing Director Kuttappan Manikandan.

The proceedings commenced at 11:00 am and concluded at 11:57 am. A total of 35 members attended the virtual meeting. The company confirmed that the statutory auditors' report and secretarial audit report for the financial year ended March 31, 2026, contained no qualifications or adverse remarks.

Resolutions Passed

Two ordinary resolutions were transacted during the meeting. Both were approved by the requisite majority through remote e-voting and electronic voting during the session.

Voting Results Breakdown

Detailed voting results, disclosed on September 30, 2026, reveal strong support from the promoter group. For both resolutions, the promoter and promoter group held 68,588,360 shares and cast 100% of their votes in favour.

Public participation was significantly lower. Public institutions voted 1.84% of their holding in favour, while public non-institutions voted 0.29% of their holding. Despite low turnout, the resolutions passed overwhelmingly due to the high concentration of voting power among promoters.

One member holding 114 shares did not cast a vote after logging in for both resolutions. No invalid votes were recorded across any category.

Governance and Attendance

The meeting was chaired by Ramkumar Senthilvel, Managing Director. The board and key management personnel present included:

• Ramkumar Senthilvel: Managing Director
• Kuttappan Manikandan: Managing Director
• Vijaya Kumar Partha Sarathy: Independent Director
• Aruna Subbaraman: Independent Director
• Naveen Mehta: Independent Director
• Thirumazhisai Puttam Shridar: Non-Executive Director
• Nibedita Panda: Company Secretary & Compliance Officer
• Rajasree: Chief Financial Officer
• Suraj Prakash Gupta: Head Corporate Governance and Compliance

Representatives from statutory auditor M/s CNGSN & Associates LLP and secretarial auditor Jayashree S Iyer were also in attendance. Three shareholders registered as speakers to address queries to the Chairman.

Voting Mechanism

Remote e-voting facilities were active from September 25, 2026, at 9:00 am until September 27, 2026, at 5:00 pm. Jayashree Iyer served as the scrutinizer for the voting process. The company stated that detailed voting results would be published separately in accordance with SEBI Listing Regulations.

Glottis Limited has completed the incorporation of a wholly owned subsidiary, Glottis Logistics SDN. BHD., in Malaysia. The entity was approved on September 7, 2026, to expand the company’s business operations.

The filing with the National Stock Exchange of India Limited and BSE Limited states that the new subsidiary operates in the freight forwarding and other logistics support services sector. The move is aimed at strengthening the company’s footprint in this segment.

Incorporation Details

The subsidiary was incorporated under the laws of Malaysia. Glottis Limited holds 100% subscription to the initial paid-up capital. The investment will be made in one or more tranches as per business requirements.

Regulatory Disclosures

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company noted that the proposed entity is a related party as it is a wholly owned subsidiary. Save for this relationship, the promoters or promoter group have no other interest in the transaction.

No governmental or regulatory approvals were required for this acquisition. The turnover for the newly incorporated entity is currently nil.