PCS Technology has scheduled its 45th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will seek shareholder approval for a significant increase in the related-party transaction limit with group company Kalpavruksh Systems Private Limited (KSPL).

The company filed its annual report for FY26 with the Bombay Stock Exchange on September 2, 2026. The AGM will be conducted via video conferencing or other audio-visual means, in accordance with Ministry of Corporate Affairs and SEBI circulars.

AGM Agenda and Related-Party Transactions

The ordinary business includes adopting the audited financial statements for FY26 and re-appointing Mr. Ashok Kumar Patni as a director. A key special business item involves approving material related-party transactions with KSPL.

Transaction Details

The company proposes contracts with KSPL for manpower supply and IT support services. The aggregate value cap is raised from ₹50 lakh to ₹90 lakh for the period from April 1, 2026, until the next AGM. These transactions will be conducted in the ordinary course of business on an arm's-length basis.

Historical Context

The explanatory statement discloses the total value of transactions with KSPL over the past three fiscal years:

The proposed FY27 limit of ₹90 lakh is more than double the actual spend in FY26 (₹37.90 lakh), indicating an anticipated substantial increase in reliance on KSPL for services.

Voting and Compliance

Shareholders holding shares as on the cut-off date of Friday, September 18, 2026, are eligible to vote. Remote e-voting via Central Depository Services (India) Ltd will run from Friday, September 25, 2026, at 10:00 am to Monday, September 28, 2026, at 5:00 pm.

Mr. Ashok Kumar Patni (Director) and Mr. Mir Prakash Jain (CFO), both associated with KSPL, must abstain from voting on this resolution. The company noted it has not declared equity dividends since FY1999.

PCS Technology has scheduled its 45th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will commence at 12:30 p.m. IST and will be held through Video Conferencing or Other Audio Visual Means (VC/OAVM), allowing shareholders to participate remotely without physical presence. This virtual format ensures accessibility for investors across geographies while adhering to regulatory guidelines for remote participation.

The company notified the BSE Limited of the schedule on August 12, 2026. Sandip Mavkar, Company Secretary and Compliance Officer, signed the intimation letter addressed to the Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Mumbai. The filing confirms the date and mode of the meeting but does not yet disclose the specific agenda items or resolutions to be voted upon.

Meeting Details

Shareholders should note that the detailed Notice of the AGM, along with the Annual Report, will be submitted in due course. These documents will contain critical information regarding financial performance, board appointments, dividend declarations, and other statutory matters requiring shareholder approval. Investors are advised to monitor official communications from PCS Technology Limited for the dispatch of these materials.

The company’s registered office is located in Yerwada, Pune, while its corporate office operates from Mahape, Navi Mumbai. The AGM serves as a key forum for shareholders to engage with management and exercise their voting rights on corporate governance matters.