Shareholders of Relic Technologies approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, along with several key governance and strategic resolutions at the company’s 35th Annual General Meeting (AGM) held on August 13, 2026.

The meeting, conducted via Video Conferencing or Other Audio-Visual Means (OAVM) in compliance with Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) circulars, featured remote e-voting and venue e-voting facilities provided by Bigshare Services Private Limited.

Governance and Director Appointments

The shareholders re-appointed Mr. Kunal Gandhi as a director, who retires by rotation under the Companies Act, 2013. The resolution received overwhelming support, with 99.997% of valid votes cast in favor.

Additionally, the company appointed Ms. Radhika Shriram as a Non-Executive Director liable to retire by rotation. This resolution passed with 84.404% of valid votes in favor, while 15.596% voted against it. Notably, remote e-voting showed significant opposition to this appointment, with only 0.012% of remote votes in favor compared to 84.392% support from venue voters.

Mr. Sachin Srivastava was appointed as a Director and subsequently as Whole Time Director and Chief Executive Officer. Both special resolutions passed with 99.999% of valid votes in favor, indicating strong shareholder confidence in the leadership transition.

Strategic Resolutions

The AGM also approved critical strategic initiatives:

• Employee Stock Option Plan (ESOP): Shareholders approved a new ESOP for the company and extended the benefits under the existing ESOP 2025 plan to employees of subsidiary companies. Both resolutions passed with 99.999% support.
• Related-Party Transactions: The company secured approval for material related-party transactions with Truhealthy Wellness Private Limited, its subsidiary. This resolution also passed with 99.999% of valid votes in favor.

Voting Participation

Participation varied across resolutions. The adoption of financial statements saw the highest engagement, with 34 members representing 49.46% of the total paid-up share capital casting votes. In contrast, the appointment of Ms. Radhika Shriram had lower participation, with only 27 members representing 11.47% of the share capital voting on this item.

Remote e-voting constituted the majority of participation across most resolutions, accounting for approximately 80% of valid votes in favor for key items such as financial statement adoption and director appointments. Venue voting contributed roughly 20% to these totals.

The scrutinizer’s report, issued by Amit Jaste & Associates, confirms that all resolutions were passed with the requisite majority as per the Companies Act, 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Relic Technologies Limited has scheduled its 35th Annual General Meeting (AGM) for August 13, 2026, to seek shareholder approval for the appointment of Sachin Srivastava as Whole-time Director and Chief Executive Officer (CEO) for a period of three years effective from June 13, 2026. The company has reported a standalone net profit of ₹54.20 lakhs for the financial year ended March 31, 2026, compared to a net loss of ₹171.87 lakhs in the previous year.

The Board recommends the appointment of Mr. Srivastava, subject to the approval of members. The proposed remuneration includes a salary of up to ₹25,00,000 per annum and variable pay of up to ₹10,00,000 per annum. The remuneration is subject to a yearly review, with the first increment due after April 1, 2027, capped at a maximum of 10% per annum.

Shareholders will also consider a special resolution to approve material related party transactions with Truhealthy Wellness Private Limited, a subsidiary of the company. The proposed transactions include purchases and sales of goods and services for an aggregate value not exceeding ₹10 Crores and loans to the subsidiary not exceeding ₹25 Crores. During the financial year 2025-26, the company had provided loans amounting to ₹558 lakhs to the subsidiary.

Furthermore, the AGM will seek approval for the Employee Stock Option Plan 2025 (ESOP 2025). The plan envisages granting up to 1,10,000 options, exercisable into 1,10,000 equity shares of ₹10 each, to eligible employees of the company and its subsidiaries. The Board has also proposed extending the benefits of this plan to employees of subsidiary companies.

The AGM will be held through video conferencing and other audio-visual means. Remote e-voting will be available from August 10, 2026, to August 12, 2026. The record date for determining shareholder eligibility is August 6, 2026.