SVA India has scheduled its 45th annual general meeting for September 30, 2026, and approved its draft annual report for FY26. The board also appointed new statutory and secretarial auditors during a meeting held on September 7.

The company confirmed that the 45th AGM will take place physically at its registered office in Mumbai at 11:00 am on September 30, 2026. Mrs. Poonam Somani of Somani & Associates has been appointed as the scrutinizer for the e-voting process.

Auditor Appointments

The board recommended the appointment of M/s. Rakesh S. Kapoor & Co., Chartered Accountants, as statutory auditors for five financial years from FY27 to FY31. This appointment is subject to member approval at the upcoming AGM. The Audit Committee recommended this selection based on the firm's expertise in statutory audits and taxation.

Additionally, M/s. Deepika Mishra & Associates, Practising Company Secretaries, was appointed as the secretarial auditor for the same five-year term. Both appointments require final ratification by shareholders.

Key Dates

Shareholders must be on record by the cut-off date to participate in e-voting. The book closure period spans six days leading up to the AGM.

SVA India Limited has been directed by the High Court of Singapore to make a payment to Brightmax Singapore Pte. Ltd., following a judgment passed on August 12, 2026. The court order requires the Mumbai-based engineering firm to settle the claim amount along with applicable interest and costs.

The judgment was issued in Case No. HC/OC 640/2026 before the General Division of the High Court of the Republic of Singapore. SVA India Limited was named as the defendant in the proceedings initiated by Brightmax Singapore Pte. Ltd. as the claimant.

Court Judgment Details

The court issued the judgment for failing to file a Notice of Intention to Contest or Not Contest. This procedural default led to the directive for payment.

Company Response

SVA India Limited disclosed the development in a filing with the Bombay Stock Exchange on August 20, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company stated it is examining the order and will take appropriate action after consultation with its legal advisors. It did not quantify the financial impact of the judgment at this stage, noting that the assessment of the effect on its financial and operational activities is pending further review.