Starcom IT considers five-year reappointment of chairman Ziaulla Sheriff

1 min read | Published on 30 Sept 2026, 02:34 PM |Updated on 30 Sept 2026, 02:34 PM

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Key Highlights

Starcom IT held its 31st AGM via VC/OAVM on September 30, 2026
Special resolution proposed for Ziaulla Sheriff's five-year reappointment as MD
Approval sought for Sheriff to continue in office beyond age 70
Statutory audit report for FY26 was qualified, with management replies presented

*this image is generated using AI for illustrative purposes only.

Starcom Information Technology Limited convened its 31st Annual General Meeting (AGM) on September 30, 2026, via Video Conferencing. The primary agenda involved the special resolution to re-appoint Ziaulla Sheriff as Managing Director and Chairman for a period of five years, including approval to continue in office beyond the age of 70.

The meeting commenced at 12:30 pm with CFO Mark Noronha welcoming attendees. Chairman Ziaulla Sheriff declared the meeting open after ascertaining quorum. The Notice convening the AGM, Board Report, and Accounts for the financial year ended March 31, 2026 were taken as read with member consent.

Audit qualifications addressed

The company disclosed that the statutory audit report for FY26 was qualified. CFO Mark Noronha read out the Auditors' observations along with the Management's replies to these points. Additionally, Mehul Jain, Practicing Company Secretary and Secretarial Auditor, presented the key qualifications found in the Secretarial Audit Report.

Voting and resolution process

Remote e-voting facilities were provided by NSDL for all resolutions. The Chairman stated that results would be declared following the Scrutinizer's report. The specific business items tabled are outlined below:

Agenda Item	Particulars	Resolution Type
1	Adoption of Audited Standalone Financial Statements for FY26, Board Report, and Auditor's Report	Ordinary
2	Re-appointment of Ziaulla Sheriff as MD & Chairman for 5 years; continuation beyond age 70 under Section 196(3)	Special

The meeting concluded at 1:00 pm, allowing shareholders a 15-minute window for venue e-voting.

How will the qualified statutory audit report for FY26 impact Starcom's credit rating and ability to secure future debt financing?

What specific governance safeguards will be implemented to mitigate risks associated with the Chairman continuing in office beyond the age of 70?

Will the disclosed secretarial audit qualifications trigger regulatory scrutiny or corrective action plans from SEBI or the stock exchanges?

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

1 min read | Published on 07 Sept 2026, 10:21 PM |Updated on 07 Sept 2026, 10:37 PM

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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

*this image is generated using AI for illustrative purposes only.

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?