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.

Relic Technologies has accepted the resignation of Mr. Karthik Iyer as Executive Director of the company effective June 13, 2026. Mr. Iyer will also cease to be a Director of the company from the same date. The company disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and a relevant SEBI circular dated January 30, 2026.

The resignation was tendered due to personal and health reasons, as stated in the formal resignation letter addressed to the Board of Directors. Mr. Karthik Swaminathan Iyer, holding DIN 08216928, expressed his gratitude to the Board and management for their support during his tenure.

Resignation Details

The disclosure was submitted to BSE Limited by Anita Amitkumar Gupta, Company Secretary and Compliance Officer of Relic Technologies Limited.