Protean eGov Technologies shareholders have approved the appointment of Ajay Rajan as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term effective June 1, 2026. The company announced the voting results of its postal ballot on August 17, 2026, confirming that all three resolutions sought from members were passed with the requisite majority.

The postal ballot process was conducted between July 17, 2026, and August 15, 2026, via the National Securities Depository Limited (NSDL) e-voting platform. The notice was dispatched to 212,657 registered members as of the cut-off date of July 10, 2026. S. N. Ananthasubramanian & Co. served as the scrutinizer for the process.

Voting Results

The resolutions received overwhelming support from institutional investors, who cast the majority of votes. Public non-institutional investors showed slightly lower but still significant approval rates.

The appointment of Mr. Rajan as a director was classified as an Ordinary Resolution, while his appointment as MD & CEO and the appointment of Mr. Saravade were treated as Special Resolutions. The remuneration package for Mr. Rajan’s role as MD & CEO was also approved as part of the special resolution.

Mr. Nandkumar Saravade has been appointed as a Non-Executive Independent Director for a first term of three years, also effective June 1, 2026. The voting results and the scrutinizer’s report are available on the company’s website and the NSDL e-voting portal.

Protean eGov Technologies has fixed Friday, August 28, 2026, as the record date for shareholders to receive the final dividend for the financial year ended March 31, 2026. The company announced the date in a filing with stock exchanges on August 14, 2026, confirming that equity holders on record as of the specified date will be eligible for the payout.

The Board of Directors had previously recommended a final dividend of ₹10 per equity share during its meeting held on May 20, 2026. This recommendation corresponds to a dividend rate of 100% on the face value of ₹10 per share. The proposal is pending formal approval by shareholders at the company’s upcoming Annual General Meeting (AGM).

Dividend Details

Regulatory Compliance

The intimation regarding the record date was issued pursuant to Regulation 42 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Maulesh Kantharia, Company Secretary & Compliance Officer, signed the disclosure.

Protean eGov Technologies is listed on both the BSE Limited and the National Stock Exchange of India Limited. The record date determines which shareholders are entitled to receive the declared dividend, with payments typically following shortly after this date once the AGM approves the distribution.