Lex Nimble Solutions has scheduled its 21st Annual General Meeting (AGM) for Friday, September 11, 2026. The meeting is set to begin at 9:00 am and will be conducted exclusively through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company issued the notice pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was published on August 19, 2026, in the English edition of Financial Express and the Telugu edition of Mana Telangana. A subsequent submission to BSE Limited was signed by Company Secretary Swarali Sachin Shingne on August 19, 2026.

Meeting Details

The AGM will adhere to the provisions of the Companies Act, 2013, and circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI regarding remote participation. Members participating through VC/OAVM will be counted toward the quorum under Section 103 of the Act. Physical attendance has been dispensed with, and consequently, the facility for appointment of proxies is not available.

Agenda and Director Re-Appointment

The meeting aims to transact ordinary business, including the adoption of audited financial statements for the financial year ended March 31, 2026. A key resolution involves the re-appointment of Mrs. Sarada Devi Medikundam (DIN: 03258451), who retires by rotation and offers herself for re-appointment as a Non-Executive Non-Independent Director.

Mrs. Medikundam, aged 79, was first appointed to the board on October 17, 2010. She brings over 35 years of experience from the government sector, specializing in pay, accounts, accounts payable, and internal audit. She holds 89,278 equity shares in the company and is the mother of Chairman and Director Praveen Chakravarthy Medikundam. During FY25-26, she attended all four board meetings held.

Shareholder Participation and Voting

The Notice of the AGM and the Annual Report for FY25-26 are being sent electronically to members registered with their Depository Participants. The documents are also available on the company’s website and the NSDL e-voting portal. As all shareholders have registered email addresses, the requirements of Regulation 36(1)(b) regarding physical dispatch are not applicable.

Remote e-voting will be open from September 8, 2026, at 9:00 am to September 10, 2026, at 5:00 pm. Only shareholders whose names appear in the Register of Members as on the record date of September 4, 2026, are eligible to vote. Voting rights are proportional to the shareholding as on the cut-off date.

Members can join the AGM via the NSDL e-meeting platform. The facility will be available for 1,000 members on a first-come, first-served basis, excluding large shareholders (holding 2% or more), promoters, institutional investors, directors, and key managerial personnel. Sri Pravesh Palod, Practicing Company Secretary, has been appointed as the Scrutinizer for the voting process.

Operational Details

The Register of Members and Share Transfer Books will remain closed from September 5, 2026, to September 11, 2026, inclusive. Members are advised to join the meeting 15 minutes before the scheduled start time using stable internet connections. Queries regarding the financial statements should be sent to the company at least 10 days in advance. No dividends have remained unpaid or unclaimed for seven consecutive years; therefore, no amounts are liable for transfer to the Investor Education and Protection Fund (IEPF).

Lex Nimble Solutions Limited has released its audited financial results for the standalone financial year ended March 31, 2026. The Board of Directors approved the results during a meeting convened on May 21, 2026. The company reported a total income of ₹90,293,504 for the year, a rise from ₹82,872,341 in the corresponding period of the previous year.

Financial Performance

The company’s revenue from operations for FY26 stood at ₹79,058,113, an increase over the ₹71,660,419 recorded in the previous fiscal year. Total expenses for the period amounted to ₹75,929,991, up from ₹66,580,113 in FY25. This rise was primarily driven by consultancy and professional charges, which climbed to ₹51,947,609 from ₹37,274,723, while employee benefit expenses decreased to ₹21,006,332 from ₹25,940,558.

Profitability and Taxation

Profit before exceptional items and tax for the year was recorded at ₹14,363,513. Following exceptional items of ₹338,122, the profit before tax stood at ₹14,025,391. The company incurred a tax expense of ₹3,475,941, comprising a current tax of ₹3,665,571 and a deferred tax credit of ₹189,630. Consequently, the net profit for the year was ₹10,549,450, compared to ₹11,881,975 in the prior year.

Earnings Per Share

The basic and diluted earnings per equity share (EPS) for the year ended March 31, 2026, were reported at ₹2.52, down from ₹2.84 in the previous year. The face value of each equity share is ₹10.

Segmental Reporting

The company operates primarily in the Software Services and Consulting Services segments. For the year ended March 31, 2026, the total segment revenue from external customers was ₹79,058,113. The majority of the revenue, amounting to ₹78,974,113, was generated from outside India, while revenue from within India was ₹84,000. The total segment results for the year stood at ₹5,226,423.

The following table summarizes the key financial figures for the year ended March 31, 2026, compared to the previous year:

Balance Sheet Highlights

As of March 31, 2026, the company's total assets were valued at ₹186,269,177, compared to ₹182,285,256 in the previous year. Equity share capital remained constant at ₹41,900,000, while other equity increased to ₹131,192,484 from ₹124,823,722. The company’s cash and cash equivalents stood at ₹117,471,195 at the end of the financial year.