Ziaulla Sheriff, promoter of Starcom Information Technology Limited, has confirmed that he along with persons acting in concert has not created any encumbrance, directly or indirectly, over the shares of the company in FY26. The declaration ensures that the promoter's shareholding remains free from charges such as pledges or liens, which is a key compliance requirement under takeover regulations.

The disclosure was submitted to BSE under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation mandates promoters to inform the stock exchanges if any encumbrance has been created or released on their shareholding. The confirmation dated April 30, 2026, was formally acknowledged by the exchange.

Key Details of the Disclosure

The declaration was signed by Ziaulla Sheriff in his capacity as Director and Promoter. The document was digitally signed on May 20, 2026, and submitted to the Department of Corporate Services at BSE Limited. The confirmation covers the promoter and all persons acting in concert with him.

Starcom Information Technology has appointed Mr. Kalyan Kumar Vattipalli as an Independent Director following the conclusion of a postal ballot process on June 7, 2026. The resolution to appoint Mr. Vattipalli was passed as a special resolution, securing 99.14% of the total valid votes cast during the remote e-voting period. This appointment strengthens the company's governance structure as it moves forward with its strategic objectives.

The remote e-voting process commenced on May 9, 2026, at 9:00 A.M. IST and concluded on June 7, 2026, at 5:00 P.M. IST. The voting was conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the provisions of the Companies Act, 2013. National Securities Depository Limited (NSDL) was appointed as the service provider to facilitate the electronic voting facility for the shareholders.

Voting Results Summary

The scrutinizer's report, prepared by Nikunj Jain of M/s. Jain Nikunj & Co, Chartered Accountants, confirmed the outcome of the postal ballot. The report detailed the votes cast in favour and against the resolution, with no invalid votes recorded. The votes were unblocked on June 8, 2026, in the presence of witnesses not employed by the company.

Appointment Details

Mr. Kalyan Kumar Vattipalli (DIN: 08407618) has been appointed as the Independent Director of the company. The resolution received approval from 12 members voting in favour, while one member voted against it. The total number of valid votes cast during the e-voting process was 34,25,802. The scrutinizer certified that the results were based on reports generated from the e-voting systems provided by NSDL.