Suvidhaa Infoserve Limited reported a consolidated net loss of ₹101.01 million for the year ended March 31, 2026, narrowing from a net loss of ₹165.87 million in the previous year. The group's total income declined to ₹41.99 million from ₹111.76 million in FY25, while total expenses reduced to ₹143.0 million from ₹277.6 million. The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The statutory auditors, Jain Kedia & Sharma, issued an unmodified opinion on the results.

The standalone financial results for FY26 show a net loss of ₹44.01 million, widening from a loss of ₹16.0 million in the prior year. Total income from operations for the year stood at ₹13.35 million, a decrease from ₹119.68 million in FY25. The company wrote back trade payables of ₹5.52 million during the financial year following a review of outstanding balances.

Consolidated Financial Performance

The basic earnings per share (EPS) for the year was a loss of ₹0.48, compared to a loss of ₹0.79 in the prior year. Total equity stood at ₹280.3 million, while total liabilities were ₹353.5 million as of March 31, 2026.

Assets and Liabilities

As of March 31, 2026, the company's total consolidated assets stood at ₹633.7 million, a decrease from ₹779.4 million in the previous year. Cash and cash equivalents decreased to ₹19.3 million from ₹89.8 million at the end of FY25. The financial results have been reviewed and recommended by the Audit Committee.

Suvidhaa Infoserve Limited has announced the voting results of its postal ballot conducted through remote e-voting, with all three special resolutions passing with the requisite majority. The postal ballot notice, dated April 10, 2026, sought shareholder consent for the re-appointment of two independent directors and an increase in authorised share capital. The remote e-voting period commenced on April 11, 2026, and concluded on May 10, 2026, with results submitted to BSE Limited and National Stock Exchange of India Ltd.

Postal Ballot Overview

The postal ballot process was managed by scrutinizer Ashish Doshi, Partner of SPANJ & Associates, Company Secretaries. A total of 91,304 shareholders were on the record date, with the cut-off date for voting eligibility set at April 3, 2026. The Postal Ballot Notice was dispatched electronically on April 10, 2026, and an advertisement was published on April 11, 2026 in Financial Express (English – All edition) and Financial Express (Gujarati – Ahmedabad edition). Voting was conducted exclusively through the remote e-voting platform provided by National Securities Depository Limited (NSDL).

Resolution Details

The first two resolutions pertained to the re-appointment of independent directors for a second term of five consecutive years effective from February 17, 2026. The third resolution proposed an increase in the authorised share capital and a consequent alteration to the Capital Clause of the Memorandum of Association.

• Resolution 1: Re-appointment of Shail Shah (DIN: 06432640) as an Independent Director for a second term of five consecutive years w.e.f. February 17, 2026
• Resolution 2: Re-appointment of Ritesh Chothani Shah (DIN: 09070982) as an Independent Director for a second term of five consecutive years w.e.f. February 17, 2026
• Resolution 3: Increase in the Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association

Voting Results

All three resolutions were passed with approximately 99.99% votes in favour. The table below details the consolidated voting outcome for each resolution:

Category-Wise Voting Breakdown

The Promoter and Promoter Group cast 80,402,580 votes in favour across all three resolutions, representing 99.9787% of their total shareholding of 80,419,702 shares. Public Institutions, holding 6,625,004 shares, did not participate in the voting. Public Non-Institutions, holding 122,761,984 shares, contributed the remaining votes in favour. For Resolution 3, one member abstained from voting, accounting for 26 votes. There were no invalid votes recorded for any of the three resolutions.

Scrutinizer's Report

The scrutinizer's report, dated May 11, 2026, was prepared pursuant to Section 110 of the Companies Act, 2013 and Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014. The votes cast through remote e-voting were reconciled with the Register of Members and the list of beneficial owners as on the cut-off date of April 3, 2026. The unblocking of votes took place on May 10, 2026 at 5:13 P.M. IST in the presence of two witnesses, Ms. Kinjal Shah and Ms. Niral Patel, who are not in the employment of the company. The results are available on the company's website at https://www.suvidhaa.com/corporate-announcements.html .