Seshaasai Technologies declares ₹2.50 per share final dividend for FY26

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Seshaasai Technologies declares a final dividend of ₹2.50 per equity share for FY26
  • Shareholders approve adoption of standalone and consolidated financial statements
  • Jayeshkumar Chandrakant Shah is reappointed as director after retiring by rotation
  • Board approves amendments to Articles of Association and waiver of dividend rights
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Seshaasai Technologies Limited declared a final dividend of ₹2.50 per equity share for the fiscal year ended March 31, 2026. The payout was approved by shareholders during the company’s 33rd Annual General Meeting held on September 16, 2026.

The meeting, conducted via Video Conferencing and Other Audio Visual Means, concluded at 10:43 am. Chairman and Managing Director Pragnyat Pravin Lalwani presided over the proceedings, which included the adoption of audited standalone and consolidated financial statements for FY26.

Key Resolutions Passed

Shareholders approved several ordinary and special resolutions during the session. The key outcomes include:

Agenda Item Resolution Type Status
Adoption of Audited Financial Statements (Standalone & Consolidated) for FY26 Ordinary Passed
Declaration of Final Dividend of ₹2.50 per Equity Share Ordinary Passed
Re-appointment of Jayeshkumar Chandrakant Shah as Director Ordinary Passed
Appointment of Secretarial Auditor Ordinary Passed
Approval for Payment of Commission to Non-Executive Directors Ordinary Passed
Approval for Remuneration to Non-Executive Director Jayeshkumar Shah Special Passed
Amendment in Articles of Association Special Passed
Waiver/Forgoing of Dividend Rights by Members Special Passed

Governance and Compliance

The Company Secretary informed members that the e-voting facility remained open for 15 minutes post-meeting. The consolidated voting results, along with the Scrutinizer’s Report from Sharma and Trivedi LLP, will be submitted to stock exchanges and published on the company’s website by September 18, 2026.

Statutory Auditors Vatsaraj & Co and Secretarial Auditor Pauravi Kairav Trivedi were present. The auditors’ reports contained no qualifications or adverse remarks.

Historical Stock Returns for Seshaasai Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-5.78%-11.54%+44.43%-12.21%-12.21%

How will the approved amendment to the Articles of Association impact Seshaasai Technologies' future corporate governance and operational flexibility?

What strategic rationale underpins the special resolution to waive or forego dividend rights by certain members, and how might this affect capital allocation?

Given the re-appointment of Jayeshkumar Chandrakant Shah and his approved remuneration, what specific leadership initiatives are expected for FY27?

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Seshaasai Technologies files revised FY26 annual report to fix typos

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Seshaasai Technologies submitted a revised FY26 annual report to exchanges
  • Filing corrects typographical errors in financial statement notes only
  • No changes to revenue, profit, assets, liabilities, or cash figures
  • Original auditor reports and opinions remain unaffected
  • Corrigendum published in Financial Express and Navshakti
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Seshaasai Technologies has submitted a revised annual report for FY26 to the Bombay Stock Exchange and National Stock Exchange. The filing addresses inadvertent typographical errors found in the notes to the standalone and consolidated financial statements.

The corrections do not impact any reported financial amounts. The company confirmed that the changes affect neither the Balance Sheet, Statement of Profit and Loss, Statement of Cash Flows, nor the Statement of Changes in Equity. Auditor reports and opinions remain unchanged.

Scope of Corrections

The revisions exclude any alteration to key financial metrics for the fiscal year ended March 31, 2026. Specifically, there are no changes to:

  • Reported revenue
  • Profit or loss figures
  • Total assets and total liabilities
  • Net worth
  • Cash and cash equivalents

This submission follows the original communication dated August 24, 2026, which included the initial Annual Report and the notice for the 33rd Annual General Meeting. The AGM is scheduled for September 16, 2026, at 10:00 am via video conference.

Disclosure Compliance

The company filed the revised report pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The corrected document is being distributed electronically to shareholders with registered email addresses.

A corrigendum will be published in Financial Express and Navshakti, matching the newspapers used for the original AGM notice. The revised report is also available on the company website and the exchange portals.

Manali Siddharth Shah, Company Secretary and Compliance Officer, signed the disclosure on September 10, 2026.

Historical Stock Returns for Seshaasai Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-5.78%-11.54%+44.43%-12.21%-12.21%

Will the upcoming AGM on September 16, 2026, include any discussion on internal compliance processes to prevent future typographical errors in regulatory filings?

How might this minor filing correction influence institutional investor confidence or trigger any specific due diligence reviews ahead of the AGM?

Are there any pending regulatory observations from SEBI regarding the initial filing that could affect the company's compliance rating in subsequent quarters?

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