Omni Axs Software Limited held its 34th Annual General Meeting on September 30, 2026, through Video Conferencing. The meeting focused on adopting the company's audited financial statements for the fiscal year ended March 31, 2026, and ratifying key leadership appointments.

Meeting proceedings and attendance

The meeting commenced at 11:00 am and concluded at 11:29 am, inclusive of the voting window. A total of 35 members attended the session virtually. Mr. Deepak Meena, Company Secretary, welcomed attendees and confirmed that the requisite quorum was present. The notice convening the meeting was taken as read, and members were informed about the remote e-voting facilities provided by National Securities Depository Limited (NSDL).

Mr. B B Gusani & associated served as the Statutory Auditors, while Mr. S. Ganesan acted as the Practicing Secretary and Scrutinizer. The Statutory Auditors' report for FY26 did not contain any qualifications or adverse comments affecting the company's functioning.

Key resolutions passed

The following agenda items were transacted through remote e-voting prior to the meeting:

Since all resolutions were put to vote via remote e-voting, no physical voting by show of hands took place during the virtual session. The scrutinizer's report is expected to be submitted within two working days following the conclusion of the meeting.

Omni Axs Software reported a net loss of ₹6.49 lakh for the quarter ended June 30, 2026, marking a significant deterioration from the ₹1.81 lakh loss posted in the corresponding quarter of FY26. The Chennai-based IT services firm also recorded zero revenue for the period, a sharp decline from the ₹4.30 lakh income generated in Q1FY26.

The results were approved by the Board of Directors in a meeting held on August 14, 2026, following review by the audit committee. The company operates within a single segment focused on consulting services and related activities.

Financial Performance

The standalone financial results highlight a complete absence of operational income during the quarter, coupled with an expansion in losses.

Equity share capital remained stable at ₹1,721.88 lakh. Reserves stood at nil for the current quarter, whereas the year-ended March 31, 2026, showed reserves of (₹575.04 lakh). Basic earnings per share fell to (₹0.04), compared to ₹0.01 in the previous year's quarter.

What the Numbers Show

The divergence between zero revenue and a widened net loss indicates that fixed operating costs continued to accrue despite the lack of business activity. With total income dropping to nil from ₹4.30 lakh YoY, the entire loss figure represents operational expenses not offset by any inflow, highlighting a period of dormancy or transition in revenue generation for the consulting segment.