Netweb Technologies India Limited has announced the book closure period for its 27th Annual General Meeting (AGM). The Register of Members and Share Transfer Books will remain closed from Saturday, September 12, 2026, to Saturday, September 19, 2026.

This closure facilitates the record of members eligible to vote at the AGM, scheduled for September 19, 2026, at 3:00 pm via video conferencing. The company dispatched the notice for the meeting and the annual report for FY26 on August 28, 2026.

AGM Logistics and Voting Details

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding book closure, and Regulation 36(1)(b) regarding the dispatch of notices. Lohit Chhabra, Company Secretary & Compliance Officer, signed the communication.

Remote e-voting opens on September 16, 2026, at 9:00 am and closes on September 18, 2026, at 5:00 pm. MUFG Intime India Private Limited serves as the e-voting platform provider. The cut-off date for voting rights remains September 11, 2026.

FY26 Financial Performance

The company delivered strong financial results across key metrics for the year ended March 31, 2026. The following table summarises the headline financials:

Return on Equity stood at 32.9% and Return on Capital Employed at 37.5%. The company maintained a net debt-negative position with Net Debt of (₹1,243.5 mn) and Net Worth of ₹7,233.0 mn.

Revenue by Business Segment

AI Systems emerged as the largest and fastest-growing segment, contributing 43.4% of total operating revenue in FY26. The segment-wise breakdown is presented below:

The AI Systems segment recorded a CAGR of 212.9% from FY23 to FY26, while HPC and Private Cloud & HCI grew at CAGRs of 45.4% and 52.4% respectively over the same period.

Business Visibility and Order Pipeline

As at March 31, 2026, the company reported a robust sales funnel:

During FY26, the company received an order to deploy AI infrastructure comprising over 5,000 GPUs for India's foundational large language model and secured an order for India's government-owned on-premises AI cloud facility.

Credit Rating and Dividend

CRISIL upgraded Netweb Technologies' long-term bank facility rating to CRISIL A+/Stable from CRISIL A/Stable during FY26, while reaffirming the short-term rating at CRISIL A1. The Board has recommended a final dividend of ₹3.00 per equity share for FY26, payable on or before October 18, 2026. The record date for dividend eligibility is August 7, 2026.

Director Commission Proposals

Shareholder approval is being sought for profit-linked commission payments to executive directors for FY25-26, as detailed below:

The aggregate annual remuneration payable to executive directors who are promoters may exceed 5% of net profit for FY25-26, necessitating shareholder approval by special resolution under Regulation 17(6)(e) of the SEBI Listing Regulations.

Netweb Technologies India Limited has closed its qualified institutional placement (QIP), raising ₹1,200 crore through the allotment of 25,05,219 equity shares at an issue price of ₹4,790 per share.

The Fund Raising Committee approved the allotment on August 20, 2026. The final issue price represents a discount of ₹95.90 per share, or 1.96%, to the floor price of ₹4,885.90 established when the issue opened on August 17, 2026. This pricing adheres to Regulation 176 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, which permits a maximum discount of 5% on the floor price.

Issue closure and allocation

The Committee approved the closure of the issue following the receipt of application forms and funds in the escrow account from eligible qualified institutional buyers. The allocation note confirming the allotment to these buyers has been finalized and approved for dispatch.

The company adopted the final placement document dated August 20, 2026, which is available on its website. This filing serves as compliance under Regulations 29(1) and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor participation and use of proceeds

This QIP marks the first equity capital raise by Netweb since its listing on the NSE and BSE in July 2023. The issue received strong participation from global and domestic institutional investors, including Goldman Sachs Asset Management, Nomura Asset Management, Amundi Asset Management, Think Investments, ICICI Prudential MF, Edelweiss MF, Invesco MF, HDFC MF, Kotak MF, Tata MF, Motilal Oswal MF, Bank of India MF, Trust MF, and Helios MF.

IIFL Capital Services Limited, CLSA India Private Limited, and Resurgent India Limited acted as Book Running Lead Managers. Khaitan & Co. served as domestic legal counsel, while Hogan Lovells Cadwalader acted as international legal counsel. Uirtus Advisors LLP advised the company.

Netweb intends to utilize the net proceeds towards funding working capital requirements to support execution of anticipated growth in its order book and for general corporate purposes.

Key issue details

The following table summarises the final parameters of the QIP:

The trading window for designated persons remains closed until 48 hours after the determination of the final issue price, in accordance with the company's Code of Conduct for Insider Trading.

Management commentary

Sanjay Lodha, Chairman and Managing Director, stated that the QIP reflects confidence in Netweb’s performance and the long-term opportunity across AI and high-end computing infrastructure. He noted that India is entering a significant multi-year build-out of AI and advanced computing infrastructure, supported by national initiatives and enterprise adoption.

Lodha added that the capital raised strengthens the balance sheet and financial flexibility, enhancing the ability to support working-capital requirements in line with anticipated growth in scale of operations and order book. The company remains committed to strengthening Make in India design and manufacturing capabilities and deepening technology partnerships.