RPSG Ventures Limited has announced its Ninth Annual General Meeting (AGM) scheduled for Friday, September 11, 2026 at 12:30 P.M. IST, to be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The notice, dated May 21, 2026, was signed by Company Secretary Sayak Chatterjee and covers both ordinary and special business items, including key financial approvals and director appointments.

AGM Agenda and Key Resolutions

The meeting will address the following business items:

• Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026
• Re-appointment of Mr. Shashwat Goenka (DIN: 03486121) as a Director liable to retire by rotation
• Re-appointment of Ms. Kusum Dadoo (DIN: 06967827) as Non-Executive Independent Director for a further term of five consecutive years effective September 23, 2026, including continuation of directorship beyond attainment of 75 years of age
• Enhancement of borrowing limit to ₹2500 Crore via Special Resolution, superseding the earlier limit of ₹1750 crores approved at the Fifth AGM held on July 29, 2022
• Creation of charge/security on movable and immovable properties up to ₹1000 Crore over and above earlier approved limits

The remote e-voting period runs from Tuesday, September 8, 2026 at 9:00 A.M. IST to Thursday, September 10, 2026 at 5:00 P.M. IST. The record date (cut-off date) for voting eligibility is Friday, September 4, 2026.

Standalone Financial Performance — FY 2025-26

RPSG Ventures reported robust standalone results for FY 2025-26. The company operates as a focused IT solutions provider for Group Companies in the power generation and distribution sector, offering services including application development, IT infrastructure, cybersecurity, GIS solutions, and smart building solutions. The following table summarises the key standalone financial metrics:

Operating revenues grew 19.9% from ₹225.5 crore in 2024-25 to ₹270.5 crore in 2025-26. Total income (including other income) increased 28.2% from ₹415.9 crore to ₹533.4 crore. PBT grew 23.3% to ₹245.9 crore, while PAT grew 21.4% to ₹180.1 crore. Basic and Diluted EPS increased from ₹44.84 to ₹54.43. During 2025-26, the company delivered 244 man-days of learning through training programmes and had 179 permanent employees as on March 31, 2026.

Consolidated Financial Performance — FY 2025-26

On a consolidated basis, the company's performance reflected the scale of its diversified portfolio. India's GDP grew at 7.6% in 2025-26, with the services sector recording 9.0% growth, providing a supportive macroeconomic backdrop for the Group's businesses.

Total consolidated income grew 17.8% from ₹9,645.0 crore in 2024-25 to ₹11,364.8 crore in 2025-26. PAT declined to ₹1.7 crore, impacted by exceptional items of ₹100.5 crore, which included the impact of new labour codes effective November 21, 2025 (₹93.62 crore), impairment in an associate investment (₹8.79 crore), fair value adjustment on contingent consideration (₹24.36 crore), and impairment of intangible assets net of tax (₹22.45 crore).

Subsidiary Performance Highlights

Key subsidiary performances during FY 2025-26 are summarised below:

RPSG Ventures holds a 53.66% stake in Firstsource Solutions Limited, which serves over 200 leading global brands including Fortune 500, FTSE 100, and ASX200 companies across healthcare, banking and financial services, communications, media and technology, and retail. FSL has 36,205 employees across multiple geographies. In the FMCG segment, GIL's e-commerce and quick commerce channels delivered a 95% year-on-year revenue growth. The real estate subsidiary QPIL is also developing a residential project in Haldia spread over 3.5 acres.

Sports Segment and Corporate Developments

The sports business saw a significant expansion with RPSG Sports Ventures Private Limited (RSVPL) acquiring a 70% stake in Manchester Originals Limited on July 28, 2025. The franchise was subsequently renamed Manchester Super Giants (MSG) on January 15, 2026 and participates in "The Hundred" cricket league organised by the England and Wales Cricket Board. The company's sports portfolio also includes the Lucknow Super Giants (IPL), Durban's Super Giants (SA20), and Mohun Bagan Super Giant (ISL). Mohun Bagan Super Giant won the 2025 IFA Shield during the year.

As on March 31, 2026, the company had 55 subsidiaries, 3 associates, and 4 joint ventures. During the year, Manchester Originals Limited, Jaye Inc. d/b/a TeleMedik, Firstsource Solutions Canada Inc., Pastdue Credit Solutions Limited, and Firstsource Middle East Services LLC became subsidiaries, while FSP Design Private Limited and FSP International Inc. became associates. Bowlopedia Restaurants India Limited completed voluntary liquidation and received its dissolution order from NCLT on May 13, 2026. Subsequent to the financial year, the company incorporated a wholly owned subsidiary named RPSG Brands Mena Private Limited on April 21, 2026.

Dividend and Board Decisions

The Board of Directors has decided not to recommend any dividend on equity shares for FY 2025-26, in order to conserve resources and strengthen the company's financial position for future growth. Key management changes include the appointment of Mr. Sudip Kumar Ghosh as Whole-time Director effective April 1, 2026, and Mr. Sayak Chatterjee as Company Secretary effective April 1, 2026, following the cessation of Mr. Sudhir Langer as Whole-time Director on March 31, 2026. The Board met six times during FY 2025-26. RPSG Ventures' long-term bank facilities carry a CARE BBB+; Stable Outlook rating from CARE Ratings Limited.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE425Y01011/465ad9a1d2854578.pdf

RPSG Ventures Limited filed its Business Responsibility and Sustainability Report for FY 2025-26, disclosing that 100% of its sales were to related parties. The company, which provides IT solutions to Group Companies in the power sector, reported a workforce of 179 permanent employees and no permanent workers.

Financial and Operational Metrics

The report highlights that the company’s operations are primarily captive, serving internal Group entities. The total turnover for the period was derived entirely from related party transactions. Additionally, the company’s net worth stood at ₹2,857.88 crore as per the previous financial year’s data.

Stakeholder Grievances

RPSG Ventures recorded a significant increase in customer complaints during FY 2025-26, rising to 10,055 from 912 in the previous year. The company attributed this rise to the implementation of an advanced ticketing platform which improved tracking and recording mechanisms. Of the complaints received in the current year, 71 remained pending resolution at the close of the financial year. Shareholder grievances totaled six for the year, with none pending resolution.

Governance and Compliance

The Board’s CSR Committee oversees sustainability-related issues, with members including Mr. Shashwat Goenka, Mr. Arjun Kumar, and Mr. Sudip Kumar Ghosh. The company confirmed that it has not incurred any fines, penalties, or punitive actions from regulators during the financial year. Furthermore, the report states that no instances of sexual harassment, discrimination, or human rights violations were reported by employees or workers.