Methodhub Software Limited saw its shareholding pattern shift as Invicta Capserv Private Limited and persons acting in concert increased their combined stake to 5.062% following an open market purchase on October 16, 2026.

The acquirer group, which includes Invicta Finserv Private Limited and Hemant Gadodia, bought 18,000 equity shares carrying voting rights. This transaction raised their aggregate holding from 936,300 shares (4.966%) to 954,300 shares. The disclosure was filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The acquisition was executed through the open market route. The securities acquired were fully paid-up equity shares with no conversion features or encumbrances attached. The total diluted share capital of the target company remained unchanged at 18,853,401 equity shares post-acquisition.

Regulatory Compliance

Invicta Capserv Private Limited confirmed that it does not belong to the promoter or promoter group of Methodhub Software. The disclosure lists three entities under the Persons Acting in Concert (PAC) category: Invicta Capserv Private Limited, Invicta Finserv Private Limited, and Hemant Gadodia. All entities hold their positions as non-promoters.

The filing specifies that the acquisition involved only equity shares carrying voting rights. There were no warrants, convertible securities, or other instruments that entitle the acquirer to receive additional shares. The mode of acquisition is explicitly stated as open market transactions.

What the Numbers Show

The incremental purchase of 18,000 shares represents a marginal increase of 0.096% in the overall holding percentage. This move nudges the acquirer group just above the 5% threshold, a level often monitored for substantial shareholder disclosures. The consistency in the number of shares acquired versus the change in percentage reflects the stable total share capital of 18,853,401 units reported by the company.

Methodhub Software passed all six ordinary resolutions proposed at its 10th Annual General Meeting (AGM) held on September 29, 2026. The voting results were declared following the scrutinizer's report dated October 1, 2026, confirming shareholder approval for financial statement adoption and directorial changes.

The meeting, conducted via Video Conferencing and Other Audio-Visual Means (VC/OAVM), commenced at 2:30 pm and concluded at 2:50 pm. A total of 8,122,156 votes were polled out of 18,853,401 outstanding shares, representing a turnout of 43.08%. Promoters and promoter group members cast 3,088,885 votes, while public non-institutional shareholders voted on 5,033,271 shares.

Voting Results and Scrutinizer Report

CS Pramod S, the appointed scrutinizer, reported that all resolutions were passed with a majority exceeding 99.98% in favor across all categories. Institutional shareholders did not cast any votes during the remote e-voting period or at the meeting. The only dissenting votes recorded were 1,200 from public non-institutional shareholders against the resolutions, amounting to just 0.0148% of the total votes polled.

The scrutinizer confirmed that the remote e-voting window remained open from September 25 to September 28, 2026. Votes were unblocked on September 29, 2026, in the presence of two witnesses who were not employees of the company.

Resolutions Passed

Shareholders adopted the standalone and consolidated audited financial statements for FY26. The meeting also addressed key governance matters regarding the board composition:

• Re-appointment: Mr. Ahobilam Nagasundaram was re-appointed as an executive director after retiring by rotation.
• Regularization: Ms. Lathika Siddharth Pai and Mr. Perinkulam Mani Mohanraj were regularized as non-executive independent directors.
• Charges: Approval was granted for levying charges for serving documents to members.

Meeting Proceedings and Attendance

The meeting was chaired by Mr. Jayaramakrishnan Kannan, Chairman and Non-Executive Independent Director. Present in person were CEO and Executive Director Mr. Ahobilam Nagasundaram, Non-Executive Director Mr. Prasanna Dhandapani, and other board members. CS Muthukrishnan Shanmuga Thevar served as the Company Secretary and Compliance Officer.

CFO Mr. Ravi Sharma provided an overview of the company’s financial performance for the year ended March 31, 2026. Members were given the opportunity to register as speakers to ask questions; however, no member registered, resulting in no queries being raised during the session. The quorum was established with 31 members attending virtually, comprising 2 promoters and 29 public shareholders.