SGN Telecoms shareholders approved the adoption of audited financial statements for the financial year ended March 31, 2026, and the reappointment of Surinder Singh as Managing Director during the 40th Annual General Meeting held on September 29, 2026.

The company disclosed that both ordinary resolutions were passed with requisite consent, securing 78.07% of votes in favor from public non-institutional shareholders. The meeting, chaired by Surinder Singh at the registered office in S.A.S. Nagar, Mohali, concluded by 10:30 am after a 30-minute session attended by 32 members in person.

Voting results and scrutiny details

The Consolidated Scrutinizer's Report, submitted by Anil Negi & Company, confirmed the outcome of the remote e-voting and e-voting at the AGM. The voting period ran from September 26 to September 28, 2026, facilitated by NSDL. No proxies or video conferencing participants were recorded, with attendance limited to 4 promoter group members and 28 public shareholders.

Promoter and promoter group members did not cast any votes during the electronic voting process. Public institutional shareholders also recorded zero votes polled. The entire voting activity was driven by public non-institutional shareholders, who cast 177,378 votes out of their holding of 61,009,900 shares.

Key resolutions passed

Shareholders transacted two primary items of business outlined in the AGM notice:

1. Adoption of Financial Statements: Approval of the audited financial statements for FY26, along with the Directors' and Auditors' reports.
2. Director Reappointment: Appointment of Surinder Singh (DIN: 00030011) as Director in place of himself, who retired by rotation and was eligible for reappointment.

Auditor and compliance details

The Chairman informed members that the Statutory Auditor's report for FY26 contained no qualifications, observations, or comments having an adverse effect on the company's functioning. Consequently, the report was taken as read with member permission.

Anil Negi, a Practicing Company Secretary, served as the Scrutinizer for the voting process. The consolidated Scrutinizer's report and voting results have been disseminated via company websites and stock exchanges. The report noted that no invalid votes were recorded across any shareholder category.

SGN Telecoms has scheduled its 40th annual general meeting for September 29, 2026, at its registered office in Mohali. The board approved the financial statements for FY26 on September 5, 2026.

Shareholders holding records as of September 22, 2026, are eligible to vote. The meeting will transact ordinary business, including the adoption of audited accounts and the reappointment of managing director Surinder Singh.

Key Dates and Details

The book closure period runs from September 23, 2026, to September 29, 2026. This window determines dividend eligibility and voting rights.

Governance and Director Reappointment

Surinder Singh, who retires by rotation, offers himself for reappointment. He is a postgraduate in engineering with over 29 years of experience in administration control. Mr. Singh holds 10,734,100 equity shares in the company.

He currently serves as a member of the Stakeholder Relationship Committee and Audit Committee. During FY26, he attended six board meetings. His relationship with Mrs. Parminder Kaur, another director, is disclosed as husband and wife.

E-Voting Process

Anil Negi & Company has been appointed as the scrutinizer for e-voting. The remote e-voting period begins on September 26, 2026, at 9:00 am and ends on September 28, 2026, at 5:00 pm.

Shareholders can vote through the National Securities Depository Limited (NSDL) platform. Individual shareholders with demat accounts can log in using their DP ID and Client ID or via OTP-based authentication. Physical shareholders must use their EVEN number and folio number.

The company urges members to register their email addresses with depositories or the Registrar and Share Transfer Agent (MAS Services Limited) to access electronic communications and voting facilities.