Shareholders of Netripples Software Limited unanimously approved the re-appointment of three independent directors for a second consecutive five-year term. The resolutions passed at the Annual General Meeting held on September 30, 2025, secured 100% voting support across all items.

The Board of Directors recommended these appointments following a meeting held earlier that same day. The decision aligns with provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Each director’s initial term expired on September 30, 2025, necessitating this formal renewal process.

Voting results and approvals

The scrutinizer’s report confirmed that all three special resolutions received identical support from shareholders. No votes were cast against any of the candidates. The total number of votes in favor for each item stood at 34,281,120, representing 100% of the votes cast.

Regulatory compliance and terms

The re-appointments were executed pursuant to Sections 149, 150, and 152 of the Companies Act, 2013, read with Schedule IV. The Nomination and Remuneration Committee recommended the candidates based on their continued eligibility under Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI LODR Regulations.

Each director will hold office for a period of 5 years commencing September 30, 2025. They are not liable to retire by rotation. The company confirmed that all necessary disclosures and certifications were submitted to BSE Limited in compliance with Regulation 30 and Regulation 44 of the SEBI LODR Regulations.

Netripples Software Limited held its 32nd Annual General Meeting on September 30, 2026, at its registered office in Hyderabad. The meeting approved the audited financial statements for the fiscal year ended March 31, 2026, and re-appointed M/s BGS and Associates as statutory auditors.

The company reported revenue from operations of ₹7.17 crore for FY26, up from ₹6.26 crore in FY25. Net profit after tax stood at ₹2.72 lakh, compared to ₹2.10 lakh in the previous year. The Board highlighted the company’s continued zero-debt status and reserves crossing ₹3 crore.

Key resolutions passed

All agenda items were approved by members with the requisite majority. The voting results showed unanimous support from both promoter and public shareholders present.

Financial highlights for FY26

The company disclosed key financial metrics during the proceedings, emphasizing fiscal discipline and operational continuity.

• Revenue from Operations: ₹7.17 crore (FY25: ₹6.26 crore)
• Net Profit After Tax: ₹2.72 lakh (FY25: ₹2.10 lakh)
• Reserves & Surplus: ₹3.12 crore
• Debt Status: Zero-debt company

What the Numbers Show

While revenue grew significantly to ₹7.17 crore, the net profit margin remains thin at approximately 0.4%. This divergence suggests that despite top-line expansion, operational costs or other expenses absorbed the majority of the incremental revenue, resulting in a modest absolute profit increase of ₹0.62 lakh.