Nova Global Opportunities Fund PCC acquired a 2.15% stake in AAA Technologies through open market transactions on September 16, 2026.

The acquisition brings the fund’s total holding in the company to 6.53%, down from its previous position of 8.68%.

Acquisition Details

The transaction involved the purchase of 2,75,193 shares carrying voting rights. This move was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Capital Context

AAA Technologies’ total equity share capital remained unchanged at 1,28,26,800 shares before and after the transaction. The total diluted share capital also stands at 1,28,26,800 shares.

Nova Global Opportunities Fund PCC is not part of the promoter or promoter group of AAA Technologies. The fund is represented by Mr. Nityesh P. Peetumber.

AAA Technologies has scheduled its Twenty-Sixth Annual General Meeting (AGM) for September 30, 2026. The company confirmed that the Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, in connection with the meeting.

The board recommended a final dividend of ₹1.00 per equity share for FY26, contingent upon shareholder approval and specific promoter waivers. Shareholders holding shares as of the record date, September 23, 2026, are eligible to vote and receive dividends if declared.

Dividend Recommendation and Waiver

The board proposed a final dividend of ₹1.00 per equity share of face value ₹10 each, representing 10% of the face value. This payout is subject to approval by shareholders at the AGM.

A key aspect of the dividend proposal involves voluntary waivers by promoter group members. The board conditionally accepted waiver letters from Jyotirgamya Advisory Private Limited and Mr. Ashok Kumar Chordia. These waivers cover approximately 44,61,056 shares, representing an indicative waived amount of ₹44,61,056.

The waivers are contingent upon the approval of a special resolution to insert Article 85(d) into the Articles of Association. This new article would allow members to voluntarily waive their right to receive interim or final dividends without consideration. If this alteration is not approved, the waivers will not be acted upon, and the full dividend will be payable on all eligible shares.

If declared, the dividend will be paid on or before October 30, 2026, subject to applicable tax deductions.

Board Appointments and Re-appointments

The AGM agenda includes several key personnel changes:

• Re-appointment of Mr. Santosh Kumar Pandey: He retires by rotation and offers himself for re-appointment as a Director.
• Appointment of Mr. Karan Sharma: The board seeks approval to appoint Mr. Sharma as a Director and Whole-time Director designated as Executive Director. His term is five years, commencing September 3, 2026, with an annual remuneration ceiling of ₹12,00,000.
• Appointment of Independent Directors: The board proposes the appointment of Mr. Mahendra Kumar Modi and Mr. Premendra Rajput as Non-Executive Independent Directors for five-year terms. Mr. Modi’s appointment requires specific consent as he has attained the age of 75 years.

Statutory Auditor Appointment

Shareholders will be asked to appoint M/s SPML & Associates, Chartered Accountants, as the statutory auditor for a term of five consecutive years. The firm’s fee for the FY27 statutory audit and limited reviews is set at ₹2,00,000, plus applicable taxes and out-of-pocket expenses. They will hold office until the conclusion of the Thirty-First AGM.

Key Dates

MUFG Intime India Private Limited is providing electronic voting facilities. Remote e-voting will be available from September 27, 2026, to September 29, 2026.