Technojet Consultants Limited declared a dividend of ₹87 per equity share for the financial year ended March 31, 2026, during its 44th Annual General Meeting held on June 19, 2026. The meeting took place at the company's registered office in Neville House, J. N. Heredia Marg, Ballard Estate, Mumbai. Shareholders approved the adoption of the audited financial statements for FY26 and the re-appointment of a director retiring by rotation.

The statutory auditors' report for the financial year contained no comments or qualifications. Remote e-voting was conducted from June 16 to June 18, 2026, allowing members to participate electronically. Members present at the meeting who had not voted remotely were also given the opportunity to cast their votes via ballot papers.

Resolutions Passed

The company transacted three ordinary resolutions during the meeting. The key resolutions included adopting the financial statements, declaring the dividend, and appointing a director.

Voting Results

Mr. Vaibhav Shah, a practising company secretary, was appointed as the scrutinizer to ensure the voting process was fair and transparent. A total of 1,80,017 votes were polled, representing 90.01% of the total outstanding shares. All resolutions received 100% of the votes in favour, with no votes cast against.

Bhumika Ojha, Company Secretary & Compliance Officer, managed the proceedings. The results of the e-voting and ballot voting have been communicated to the stock exchanges.

Oseaspre Consultants Limited has recommended a dividend of ₹87 per equity share for the financial year ended March 31, 2026, subject to the approval of shareholders. The Board of Directors has also scheduled the 44th Annual General Meeting (AGM) for June 19, 2026, to adopt the audited financial statements and approve the proposed dividend.

For the financial year 2025-26, the company reported a loss after tax of ₹18.27 lakh, a reversal from the profit of ₹3.98 lakh recorded in the previous year. This decline was primarily driven by the absence of revenue from operations during the current year, which stood at nil compared to ₹18 lakh in FY25. Total income for the year decreased to ₹3.32 lakh from ₹21.80 lakh in the previous year. The company’s total assets stood at ₹217.26 lakh as of March 31, 2026, with cash and cash equivalents constituting a significant portion at ₹209.83 lakh.

Financial Performance

The company’s financial results for FY26 indicate a shift in its income composition. While revenue from operations ceased, other income, comprising interest income and profit on the sale of mutual funds, contributed to the total income. Expenses for the year amounted to ₹20.41 lakh, slightly higher than the ₹17.82 lakh incurred in the previous year. The loss before tax for the year was ₹17.09 lakh.

Dividend and AGM Details

The Board has proposed a dividend of ₹87 per share on equity shares of ₹10 each. If approved, the total payout will amount to ₹174 lakh, based on the company's issued, subscribed, and paid-up equity share capital of 2,00,000 shares. The record date for determining shareholder eligibility for the dividend is fixed for June 12, 2026. The AGM will be held at the company's registered office in Mumbai on June 19, 2026, at 12:30 P.M.

Corporate Governance and Compliance

The statutory auditors, M/s. Manek and Associates, have issued an unqualified report on the financial statements for the year ended March 31, 2026. The auditors noted that the company used accounting software with an audit trail feature throughout the year, and no instances of tampering were observed. The secretarial audit report conducted by M/s. Parikh & Associates confirmed that the company generally complied with statutory provisions during the audit period.

The company has not accepted any public deposits during the financial year and has no outstanding loans, guarantees, or investments under Section 186 of the Companies Act, 2013. The Board of Directors has recommended the re-appointment of Mr. Jairaj Champaklal Bham, who retires by rotation at the ensuing AGM.