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.

Subex Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with BSE Limited and the National Stock Exchange of India Limited. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC). The report highlights the company's commitment to environmental sustainability, including a specific goal to achieve Net-Zero emissions by the year 2035, encompassing Scope 1, Scope 2, and Scope 3 emissions.

Governance and Oversight

The implementation and oversight of Business Responsibility policies at Subex Limited are entrusted to the Managing Director & Chief Executive Officer. The company stated that it does not have a specified Committee of the Board or Director solely dedicated to sustainability-related issues; instead, the Board provides direction to the Management team. The report confirms that policies covering all NGRBC principles have been approved by the Board and translated into procedures. Subex holds certifications for ISO 9001:2015 and ISO 27001:2013.

Financial and Operational Metrics

The report provides a snapshot of the company's financial and operational standing for the reporting period. The paid-up capital stands at ₹ 281 Crores. The company reported a turnover of ₹ 256.07 Crores and a net worth of ₹ 171.59 Crores. Operations are primarily international, with exports contributing 99% of the total turnover. The workforce consists of 632 employees, with 424 male and 205 female staff members. The company recorded a total employee turnover rate of 22% for the current financial year, a decrease from 24% in the previous year.

Stakeholder Engagement and Grievances

Subex Limited outlined its mechanisms for engaging with stakeholders, including shareholders, employees, customers, and communities. The company reported receiving one grievance from employees during the current financial year, which was resolved. In the previous year, one shareholder grievance was filed and resolved. The report also disclosed three complaints reported under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, all of which were upheld and resolved.

Regulatory Compliance and Material Issues

The company disclosed a material issue regarding data privacy and security, identifying it as a risk due to the evolving regulatory landscape. To mitigate this, Subex has strengthened its cybersecurity posture through enhanced vulnerability management, continuous monitoring, and expanded passwordless authentication. The report also noted a monetary penalty of ₹ 1,82,000 imposed by NSE and BSE for non-compliance with Regulation 17(1) & 19(1) of the SEBI Listing Regulations regarding Board composition. The company has applied for a waiver of the imposed fine.

Subsidiary and CSR Status

The report lists ten subsidiaries, including Subex Assurance LLP, Subex Digital LLP, and Subex Technologies Limited. Subex Account Aggregator Services Private Limited was voluntarily liquidated during the financial year 2025-26. Regarding Corporate Social Responsibility (CSR), the company stated that CSR provisions are not applicable as per section 135 of the Companies Act, 2013.