Olatech Solutions confirmed the details for its 12th annual general meeting (AGM), scheduled for Wednesday, September 30, 2026. The company has opened remote e-voting for shareholders holding shares as on the cut-off date of Wednesday, September 23, 2026. The voting window runs from September 27 to September 29, 2026.

The AGM will be held at 3:30 pm at the company’s registered office in Navi Mumbai. Shareholders can cast their votes electronically using the platform provided by National Securities Depository Limited (NSDL). Those who have already voted remotely may attend the meeting but cannot vote again. Members attending physically who have not voted remotely can use ballot papers.

Financial Performance

Standalone revenue from operations increased to ₹2,660.05 lakh in FY26 from ₹2,104.09 lakh in FY25. Total income stood at ₹2,711.74 lakh, driven by higher operational revenue and other income of ₹51.70 lakh.

Profit before tax fell significantly to ₹225.52 lakh compared to ₹551.48 lakh in the prior year. This decline was primarily due to a sharp rise in finance costs, which jumped to ₹139.47 lakh from ₹21.35 lakh, and an increase in employee benefit expenses to ₹745.09 lakh. Consequently, net profit dropped to ₹168.76 lakh. Basic earnings per share were ₹3.79, down from ₹9.68 in FY25.

Auditor and Director Appointments

Ms. Amrita Singh (DIN: 08545132) was appointed as an additional executive director effective September 4, 2026. She brings over six years of experience in management and business analysis. Her appointment is subject to shareholder approval at the AGM. The filing notes she is the wife of Managing Director Mr. Amit Kumar Singh and daughter-in-law of CFO Mr. Sher Bahadur Singh.

M/s Manoj Agrawal & Co., Chartered Accountants (FRN: 004796C), was appointed as statutory auditor to fill the casual vacancy caused by the resignation of M/s Sachin & Associates. The board also recommended a five-year term for the firm from FY2026-27 to FY2030-31, pending shareholder approval under Section 139 of the Companies Act, 2013.

AGM Details and Agenda

Key agenda items include:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of Mr. Naved Iqbal as Non-Executive Director.
• Approval of material related party transactions with M/s Zumra Infra Services Private Limited up to ₹5 crore for FY27.
• Approval of related party transactions with subsidiary M/s Olatech Digital Solutions Private Limited up to ₹5 crore for FY27.
• Regularization of Ms. Amrita Singh’s appointment as Executive Director with remuneration up to ₹9 lakh per annum.

Olatech Solutions accepted the resignation of Navneet Kakkar as Chief Executive Officer, effective from the close of business hours on June 25, 2026. The company disclosed that Kakkar decided to step down to pursue career opportunities outside the organization and due to personal commitments.

The resignation was submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Olatech Solutions confirmed that there are no other material reasons for the resignation beyond those stated in the letter.

Resignation Details

The company provided specific details regarding the cessation of the role in a filing to the BSE SME Platform. The following table outlines the key particulars:

In his resignation letter, Kakkar stated that his personal commitments would not permit him to devote the time and attention required for the role. He also expressed gratitude to the Board and management for their support during his tenure.