Subex Limited shareholders approved all three resolutions proposed at its 32nd Annual General Meeting (AGM) held on August 4, 2026, through Video Conference/Other Audio-Visual Means (VC/OAVM). The meeting saw overwhelming support for the adoption of audited financial statements for FY26, the reappointment of Ms. Nisha Dutt as a Director retiring by rotation, and the re-appointment of Mr. Rupinder Goel as an Independent Director for a second term.

The proceedings were conducted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. CS Biswajit Ghosh, Designated Partner of BMP & Co. LLP, served as the Scrutinizer to oversee the e-voting process. The e-voting facility was provided by National Securities Depository Limited (NSDL), with remote e-voting conducted from July 31, 2026, to August 3, 2026.

Voting Results

All resolutions were passed with requisite majority. The detailed voting results are presented below:

A total of 1,45,25,837 votes were cast in favor of adopting the audited consolidated financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. Only 42,645 votes were cast against this resolution.

Board Continuity

Ms. Nisha Dutt, Managing Director & CEO, was reappointed as a Director after retiring by rotation. The resolution received 1,46,76,095 votes in favor, representing 99.4829% of valid votes cast, with only 76,281 votes against. Mr. Rupinder Goel was reappointed as an Independent Director for a second term, securing 1,44,46,239 votes in favor (98.1530%), with 2,71,837 votes against.

Participation and Governance

The record date for determining voting eligibility was July 28, 2026. A total of 339,666 shareholders were on record, with 48 members attending the AGM virtually. The company dispensed with physical attendance requirements in line with MCA General Circular No. 03/2025. Electronic copies of the Annual Report for FY26 and the Notice convening the 32nd AGM had been distributed to members via registered email IDs prior to the event.

The Statutory Auditors, M/s. MSKC & Associates LLP, confirmed their presence during the session. There were no qualifications or adverse remarks in the Statutory or Secretarial Auditor’s Reports requiring specific clarification. The high level of shareholder approval across all resolutions indicates strong confidence in the company’s financial reporting and leadership continuity.

Subex Limited has scheduled its 32nd Annual General Meeting (AGM) for Tuesday, August 4, 2026, at 2:00 PM (IST), to be conducted through Video Conference/Other Audio-Visual Means (VC/OAVM) in compliance with MCA General Circular No. 03/2025 dated September 22, 2025. The company dispatched the Notice and Annual Report for the financial year 2025-26 electronically to members on July 13, 2026. The AGM will transact key business including adoption of audited financial statements, re-appointment of Ms. Nisha Dutt as Director liable to retire by rotation, and re-appointment of Mr. Rupinder Goel as an Independent Director for a second term of three consecutive years commencing August 8, 2026 and ending August 7, 2029.

AGM Schedule and E-Voting Details

Members holding equity shares as on the cut-off date of Tuesday, July 28, 2026, are eligible to participate and vote at the AGM. Remote e-voting is facilitated through National Securities Depository Limited (NSDL). The key dates and logistics are summarised below:

Scrutinizer Appointment

The company has appointed Mr. Pramod S.M., Partner, BMP & Co., LLP, PCS, as the Scrutinizer and Mr. Biswajit Ghosh, Partner, BMP & Co., LLP, PCS, as an alternate scrutinizer to scrutinize the e-voting and remote e-voting process in a fair and transparent manner.

Document Availability

The Notice of AGM and Annual Report are available on the company's website at https://www.subex.com/investors/shareholder-services/ and on the websites of BSE Limited and the National Stock Exchange of India Limited. Members can write to investorrelations@subex.com for obtaining a copy of the Annual Report and Notice of the 32nd AGM.