LCC Infotech Limited appointed Ronak Thakor as an Additional Director in the category of Executive Director (Professional) with effect from October 17, 2026. The appointment was approved by the Board of Directors during its meeting held on the same date.

The board meeting commenced at 11:15 am and concluded at 11:50 am. The company informed both the BSE and the National Stock Exchange of India regarding this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Profile and qualifications

Ronak Thakor holds Bachelor of Commerce and Master of Commerce degrees. He possesses expertise in accounting, financial reporting, and business operations. His academic background provides a foundation in commerce and finance, contributing to the company's management and strategic decision-making processes.

Regulatory disclosures

The appointment complies with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, and subsequent guidelines dated July 13, 2023. Key details disclosed include:

Thakor is not debarred from holding the office of Director by any order passed by SEBI or any other authority. There are no relationships between him and other directors of the company.

LCC Infotech Limited disclosed the detailed voting results for its 40th Annual General Meeting held on September 30, 2026. All five resolutions proposed by the board were passed with the requisite majority, confirming shareholder approval for key corporate actions.

The meeting, conducted via video conferencing and other audio-visual means, saw shareholders approve the audited financial statements for FY26 and the appointment of new statutory auditors. The voting process was facilitated by National Securities Depository Limited (NSDL) through remote e-voting and e-voting at the AGM.

Key Resolutions Passed

Shareholders voted on five specific items during the session, which commenced at 1:00 pm and concluded at 1:22 pm. The resolutions included the retirement by rotation of director Rachna Suman Shaw, who was subsequently appointed for a new term. Additionally, a special resolution was passed to alter the object clause of the company's Memorandum of Association.

Voting Details and Participation

The company reported that a total of 41,404 shareholders were on the record as of September 23, 2026. Out of these, 39 shareholders attended the meeting through Video Conferencing, comprising one promoter and 38 public shareholders. No shareholders attended in person or through proxy.

The voting data reveals strong support from both promoter and public categories across most resolutions. For the adoption of financial statements (Resolution 1), promoters voted 58,99,006 shares in favor, while public non-institutional investors voted 6,68,78,642 shares in favor against 4,973 votes cast against.

Related Party Transaction Approval

For Resolution 4, regarding material related party transactions, votes cast by related parties were treated as invalid per Regulation 23(4) of SEBI (LODR) Regulations, 2015. Specifically, votes from Mrs. Rachna Suman Shaw (58,90,031 shares) and Mr. Shreeram Bagla (8,975 shares) were excluded. The remaining public non-institutional shareholders voted 6,68,78,642 shares in favor and 4,973 shares against.

Compliance and Disclosure

The company stated that detailed voting results, as required under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been disclosed. The outcome was communicated to both BSE and NSE in compliance with Regulation 30 of the same regulations.

The scrutinizer’s report, prepared by Nikhil Suchak & Associates, confirmed that no member voted both through remote e-voting and at the AGM. The register of votes was maintained electronically, recording assent or dissent details for each shareholder. The meeting was digitally signed by Deepshikha Khandelwal, Company Secretary and Compliance Officer, confirming the completion of all agenda items.