Praruh Technologies AGM resolutions pass with 100% votes in favour
- Both AGM resolutions passed with 100% votes in favour
- Promoters voted 5,099,898 shares; public non-institutions voted 124,000 shares
- Total voting turnout was 37.50% of outstanding shares
- Zero dissenting votes recorded across all shareholder categories
*this image is generated using AI for illustrative purposes only.
Praruh Technologies Limited shareholders unanimously approved all resolutions at the 7th Annual General Meeting held on September 29, 2026. The voting results, disclosed under SEBI regulations, show 100% of votes polled were in favour of both ordinary resolutions.
The meeting, conducted via Video Conferencing, adopted the audited standalone financial statements for FY26 and ratified the reappointment of Ms. Pariza Chaturvedi as a director retiring by rotation. The scrutinizer’s report confirmed no invalid votes and zero dissenting votes across all shareholder categories.
Voting participation breakdown
Voting was conducted through remote e-voting and electronic voting during the meeting. Out of 292 shareholders on record, six members attended virtually (five from the promoter group and one from the public). The total number of shares outstanding stood at 13,930,000.
| Shareholder Category | Shares Held | Votes Polled | % of Outstanding | Votes in Favour | Votes Against |
|---|---|---|---|---|---|
| Promoter and Promoter Group | 10,199,949 | 5,099,898 | 49.99% | 5,099,898 | 0 |
| Public - Institutions | 1,678,000 | 0 | 0.00% | 0 | 0 |
| Public - Non Institutions | 2,052,051 | 124,000 | 6.04% | 124,000 | 0 |
| Total | 13,930,000 | 5,223,898 | 37.50% | 5,223,898 | 0 |
Resolution details
Two ordinary resolutions were tabled and passed. For both items, the promoter group cast 5,099,898 votes, representing nearly 50% of their holding. Public non-institutional investors contributed 124,000 votes. Institutional shareholders did not participate in the voting process.
| Resolution | Details | Result | Votes in Favour | Votes Against |
|---|---|---|---|---|
| 1 | Adoption of audited standalone financial statements for FY26 | Passed | 5,223,898 | 0 |
| 2 | Re-appointment of Ms. Pariza Chaturvedi as director | Passed | 5,223,898 | 0 |
Management commentary
Amar Deep Sharma, Chairman and Whole-time Director, addressed the members, highlighting the company's focus on sustainable growth and operational excellence during FY26. He noted continued strengthening of capabilities across technology solutions and customer relationships.
The company remains focused on several key verticals:
- AI initiatives across industry sectors
- Cybersecurity solutions
- Data center solutions
- IT infrastructure and enterprise networking
- Cloud services and unified communications
- Facility management services
Sharma expressed appreciation for the support from shareholders, customers, technology partners, and employees, emphasizing the creation of long-term value for stakeholders.
Procedural compliance
The meeting utilized remote e-voting facilities provided by Central Depository Services (India) Limited. Members present who had not voted remotely were given a 15-minute window to cast their votes electronically after the meeting's conclusion. Nitin Bhardwaj, Practicing Company Secretary and Secretarial Auditor, served as the scrutinizer for the event.
Representatives from STRG & Associates, the Statutory Auditors for FY26, were also present. No members registered as speaker shareholders to seek clarifications or express views on the agenda items.
Historical Stock Returns for Praruh Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.94% | -15.50% | -3.87% | 0.0% | +127.87% | +116.34% |
How will Praruh Technologies allocate capital to its newly emphasized AI and cybersecurity verticals in FY27?
What strategic initiatives are planned to address the low institutional shareholder participation observed in the AGM?
How does the company intend to scale its data center and cloud services capabilities to meet growing market demand?
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