Svam Software Limited has scheduled an Extra-Ordinary General Meeting (EGM) on July 14, 2026, to seek shareholder approval for changing its name to Svam Agritech Limited. The proposed name change is intended to better reflect the company's business activities, which have expanded to include agritech solutions. Shareholders will also vote on altering the object clause in the Memorandum of Association to formally incorporate agricultural technology development, digital farming, and related activities.

The Board of Directors proposed the name change and business expansion during its meeting on June 22, 2026. To facilitate the transition to the new identity, the company has received a certificate from M/s. GAMS & Associates LLP, Chartered Accountants, confirming compliance with Regulation 45 of SEBI (LODR) Regulations, 2015. The certificate states that the company has not changed its name since inception and that at least 50% of its total revenue for the preceding year was accounted for by the new activity.

Financial data presented in the auditor's certificate indicates a significant shift in revenue streams towards the new business segment. For the period from April 1, 2025, to March 31, 2026, income from the new business activity related to products and services stood at ₹20.75 lakh, compared to ₹1.26 lakh from the prior business activity.

In addition to the strategic rebranding, the EGM will consider the appointment of Ms. Ritu Tiwari (DIN: 11040362) as a Non-Executive and Independent Director. Ms. Tiwari was initially appointed as an Additional Director on April 20, 2026, and her appointment is now being regularized. If approved, she will serve for a term of five consecutive years from April 20, 2026, to April 19, 2031, and will not be liable to retire by rotation.

Financial Breakdown (FY26)

The EGM will be conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). Remote e-voting will commence on July 11, 2026, at 09:00 A.M. and conclude on July 13, 2026, at 5:00 P.M. The cut-off date for determining shareholder eligibility to vote is July 7, 2026.

Svam Software Limited reported a net profit of ₹9.07 crore for the financial year ended March 31, 2026, a significant increase from ₹2.14 crore in the previous year. The company's revenue from operations rose to ₹22.02 crore in FY26, compared to ₹19.14 crore in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹2.96 lakh, while revenue from operations stood at ₹4.11 lakh.

The Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, at a meeting held on May 30, 2026. M/s GAMS & Associates LLP, the statutory auditors, issued an audit report with a qualified opinion. The qualification relates to the company's use of accounting software for maintaining its books of accounts for the quarter and financial year ended March 31, 2026, which does not have a feature of recording audit trails (edit log) facility. The impact of the qualification has no financial impact.

Total income for FY26 increased to ₹79.43 lakh from ₹30.62 lakh in the previous year, driven by a rise in other income to ₹57.42 lakh. Total expenses for the year were ₹66.72 lakh, up from ₹28.37 lakh in FY25, primarily due to higher finance costs which amounted to ₹40.61 lakh. The company's earnings per share (EPS) for the year was ₹0.054 on a basic and diluted basis.

The company's assets and liabilities position showed total assets of ₹2,297.81 lakh as of March 31, 2026, compared to ₹1,946.72 lakh in the previous year. Cash and cash equivalents improved significantly to ₹206.08 lakh from ₹10.39 lakh. Equity share capital remained unchanged at ₹1,688.90 lakh. The company confirmed there were no deviations in the use of public issue proceeds for the quarter and financial year ended March 31, 2026.

Financial Highlights for FY26

The trading window for the company will close 48 hours after the financial results are made public on May 30, 2026, in compliance with regulatory protocols. The intimation regarding the outcome of the board meeting was submitted to BSE Limited by Director Harish Kumar Sharma.