Kratikal Tech concluded its 13th Annual General Meeting on August 31, 2026, with shareholders approving key governance resolutions. The meeting, held via video conferencing, saw the ratification of the company’s employee stock option plan and the appointment of new leadership.

The AGM commenced at 10:00 am and concluded at 10:33 am. Pavan Kumar, Chairman, Managing Director and CEO, chaired the proceedings. Seven members were present, satisfying the quorum requirements under Section 103 of the Companies Act, 2013. Remote electronic voting was facilitated by National Securities Depository Limited for members who had not voted prior to the meeting.

Key Resolutions Passed

Shareholders approved three ordinary resolutions and three special resolutions during the meeting. The ordinary business included the adoption of audited standalone and consolidated financial statements for FY26. Additionally, shareholders re-appointed Paratosh Kumar as Whole-Time Director, who was liable to retire by rotation.

Under special business, the company secured approval for the following:

• Ratification of the Kratikal Employee Stock Option Plan 2019, amended per SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
• Ratification of ESOP grants to employees of group companies, including subsidiaries and associates
• Appointment of Dip Jung Thapa as Executive Director

Board and Management Attendance

The board and key managerial personnel attended the meeting via video conference. Alongside Pavan Kumar, attendees included Whole-Time Director Paratosh Kumar and Independent Directors Anand Ramanlal Karwa and Sanjeev Kumar Sinha. Chief Financial Officer Vinay Singh and Company Secretary Anmol Gupta were also present.

Ankur Tayal, representing statutory auditor ATK & Associates, attended to oversee the process. Ms. Shivani Sah served as the scrutinizer for the AGM. No shareholder requests for speaker registration were received, and the Chairman addressed members on the business overview and strategic outlook for the financial year ended 2025-26.

kratikal tech delivered strong financial growth in FY26, with consolidated revenue from operations rising 76.09% to ₹3,671.59 lakh from ₹2,085.09 lakh in the previous year. This expansion was primarily fueled by a 299.57% surge in export revenue, which climbed from ₹275.11 lakh to ₹1,099.22 lakh, while domestic revenue grew 42.12% to ₹2,572.37 lakh. Consequently, consolidated profit after tax increased 51.36% to ₹5,96.08 lakh, compared to ₹3,93.83 lakh in FY25. Standalone revenue also expanded 60.95% to ₹3,355.95 lakh, with standalone PAT rising 8.23% to ₹4,26.48 lakh.

The Board of Directors did not recommend a dividend for FY26, opting to retain profits to fund growth initiatives and expansion plans. Statutory auditors A T K & Associates issued an unqualified report on both standalone and consolidated financial statements, confirming compliance with Accounting Standards. The audit covered the period ended March 31, 2026, with no material observations regarding internal controls or fraud detected under Section 143(12) of the Companies Act, 2013.

In corporate governance developments, shareholders are set to ratify the Kratikal Employee Stock Option Plan 2019 at the upcoming Annual General Meeting (AGM). The plan, originally approved before the company’s Initial Public Offer, has been amended to align with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Shareholders will vote on granting up to 3,87,625 employee stock options, exercisable into equity shares of ₹10 face value each. Additionally, the Board seeks approval to extend ESOP benefits to employees of group companies, including subsidiaries Threatcop AI Inc. and Threatcop FZ LLC.

The AGM notice also proposes the appointment of Dip Jung Thapa as an Executive Director, liable to retire by rotation. Thapa, currently the Chief Operating Officer and a promoter holding 6.12% of the paid-up equity share capital, brings over nine years of experience in cybersecurity and business management. His proposed remuneration is capped at ₹60,00,000 per annum. Paratosh Kumar, the Whole-Time Director, retires by rotation and offers himself for re-appointment, with no change proposed to his existing remuneration structure.

Financial Performance Overview

What the Numbers Show

The divergence between standalone and consolidated performance highlights the significant contribution of overseas subsidiaries. While standalone PAT grew modestly by 8.23%, consolidated PAT surged by 51.36%. This gap is largely attributable to the inclusion of Threatcop AI Inc., which reported a turnover of ₹3,15.64 lakh and a profit after tax of ₹1,88.15 lakh. In contrast, the UAE-based subsidiary, Threatcop FZ LLC, incurred a loss of ₹18.36 lakh during its initial operational phase. The substantial growth in export revenue, now constituting nearly 30% of total consolidated income, underscores the company’s successful international expansion strategy through its US and Middle East entities.