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 Ltd's board has approved the alteration of the object clause in its Memorandum of Association to diversify into agritech and real estate sectors. The decision, taken during a meeting on June 22, 2026, aims to expand the company's business operations beyond its current scope. The move signifies a strategic shift to incorporate technology-enabled agricultural activities and construction-related ventures.

The approval was granted in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The specific changes involve the insertion of new clauses 7, 8, and 9 into the Main Objects under the Objects Clause (III)(A) of the Memorandum of Association.

New Business Objectives

The newly approved clauses outline three primary areas of expansion. Clause 7 focuses on agritech solutions, including digital farming, precision agriculture, and smart farming systems. It also encompasses the trade of agricultural inputs such as seeds, fertilizers, and pesticides.

Clause 8 authorizes the company to operate as farmers and cultivators, dealing in a variety of crops including organic, hybrid, and genetically modified options. This clause also permits the company to own and equip lands, forests, and farms for agricultural purposes.

Clause 9 covers real estate and construction activities. This includes the development of residential, commercial, and industrial buildings, as well as land development and infrastructure projects. The company is now authorized to acquire, lease, and construct immovable property in India and abroad.