Starcom IT sets book closure for 31st AGM from Sep 23 to 30

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Starcom IT closes registers from Sep 23 to Sep 30, 2026
  • Closure determines eligibility for 31st AGM on Sep 30
  • Meeting to be held via audio-visual means
  • Intimation filed under Regulation 42(5) of SEBI LODR
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Starcom Information Technology Limited announced that its register of members and share transfer books will remain closed from September 23, 2026, to September 30, 2026. This book closure is necessary to determine eligibility for the company’s 31st Annual General Meeting.

The meeting is scheduled for September 30, 2026, and will be conducted through audio-visual means. The company previously filed its FY26 annual report with the Bombay Stock Exchange on September 7, 2026, in compliance with SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015.

Book Closure Details

The closure period applies to equity shares listed on the BSE under security code 531616. The specific details of the record date are as follows:

Security Code Type of Security Book Closure Period Purpose
BSE 531616 Equity Shares September 23, 2026 to September 30, 2026 (both days inclusive) 31st Annual General Meeting

Regulatory Compliance

The intimation was issued pursuant to Regulation 42(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 91(1) of the Companies Act, 2013. Ziaulla Sheriff, Managing Director of Starcom Information Technology Limited, digitally signed the submission from Bengaluru on September 7, 2026.

What key financial metrics or strategic initiatives are likely to be highlighted in Starcom's FY26 annual report given the recent filing?

How might the outcomes of the 31st AGM, such as dividend declarations or director appointments, impact investor sentiment and stock valuation?

Are there any pending regulatory observations from SEBI regarding Starcom's compliance with Listing Obligations that could influence future corporate governance practices?

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Starcom IT reappoints Ziaulla Sheriff as MD, Chairman for five years

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Ziaulla Sheriff reappointed as MD and Chairman for five years
  • Reappointment subject to shareholder approval at AGM
  • Independent Director Maddur Gundurao Mohan Kumar completes tenure
  • Sheriff holds 22,58,897 equity shares in the company
  • Board meeting held on September 7, 2026
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Starcom Information Technology Limited reappointed Ziaulla Sheriff as Managing Director and Chairman for a further period of five years. The reappointment requires approval from members at the ensuing annual general meeting.

The Board approved the move during its meeting held on September 7, 2026. The company simultaneously noted the completion of the tenure of Independent Director Maddur Gundurao Mohan Kumar in accordance with the Companies Act, 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Continuity

Mr. Sheriff, 86, brings 57 years of experience to the role. His expertise spans business management, strategic planning, and investments across information technology, healthcare, education, and real estate sectors. The filing highlights his pivotal role in the turnaround of Starcom Information Technology Limited over the last decade.

He holds a Bachelor of Engineering degree in Mechanical engineering. Mr. Sheriff currently holds 22,58,897 equity shares in the company. He is the father of Ms. Sayeeda Hina, who serves as a Non-Executive Director on the Board.

Board Composition Changes

Mr. Maddur Gundurao Mohan Kumar ceased to be an Independent Director on September 7, 2026, upon completing his maximum permissible tenure. This regulatory requirement ensures periodic refreshment of independent oversight within listed entities.

Other Directorships

Mr. Sheriff maintains significant involvement in other corporate entities, particularly in real estate and hospitality sectors. Key directorships include:

Company Name Designation Date of Appointment
Ossoor Estates Limited Director June 5, 2002
Wartyhully Estates Limited Director July 29, 2002
Century Galaxy Developers Limited Director April 1, 1994
Golf View Homes Limited Director July 10, 1998
Best Coffee Curing Works Private Limited Managing Director March 14, 2013

He also serves as a Designated Partner in Sheriff Constructions LLP and ZS Technology Corporation LLP. His attendance at Board meetings during FY26 was recorded at one meeting.

How might the reappointment of an 86-year-old chairman influence Starcom's long-term strategic agility and succession planning?

What criteria will the Board use to select the successor for Independent Director Maddur Gundurao Mohan Kumar to ensure continued regulatory compliance and oversight?

Could Mr. Sheriff's extensive directorships in real estate and hospitality create potential conflicts of interest or distract from his focus on Starcom's IT operations?

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