The board of Take Solutions approved the appointment of new statutory auditors and scheduled its 25th annual general meeting on September 3, 2026.

The Chennai-based company also recommended the re-appointment of a non-executive director, pending shareholder approval.

Key Board Approvals

The board meeting held on Thursday, September 3, 2026, concluded with several key corporate governance decisions:

• Auditor Appointment: M/s. A. Raghavendra Rao & Associates, Chartered Accountants, were appointed as statutory auditors for five years, from FY27 to FY31.
• Director Re-appointment: Mr. Parmeshvar Dhangare was recommended for re-appointment as a non-executive non-independent director liable to retire by rotation.
• AGM Scheduling: The 25th annual general meeting is scheduled for Tuesday, September 29, 2026, at 12:00 pm via video conferencing or other audio-visual means.

Auditor Profile

M/s. A. Raghavendra Rao & Associates, established in 1986, will serve as the statutory auditor. The firm holds Firm Registration Number 003324S and Practice Registration Certificate No. 018363.

The firm provides audit, assurance, taxation, and advisory services. It has experience in statutory audits for public sector banks and clients across manufacturing, banking, infrastructure, information technology, healthcare, real estate, and education sectors.

Director Details

Mr. Parmeshvar Dhangare (DIN: 11410125) brings over 15 years of industry experience as a civil engineer. He is not related to any other director of the company and is not debarred from holding office by SEBI or any other authority.

His re-appointment is subject to shareholder approval at the ensuing AGM.

AGM Logistics

Shareholders must be on record as of Tuesday, September 22, 2026, to vote at the AGM. Remote e-voting will run from Saturday, September 26, 2026, at 9:00 am to Monday, September 28, 2026, at 5:00 pm.

M/s. Aarju Agrawal & Associates, Practicing Company Secretaries, have been appointed as the scrutinizer for the remote e-voting process.

Take Solutions shareholders have overwhelmingly approved the appointment of Sunil Patra as Managing Director, marking a key leadership transition for the technology services firm. The special resolution was passed via postal ballot with near-unanimous support from public non-institutional investors, who cast 34,355,939 votes in favour.

The voting process concluded on August 14, 2026, with results declared on August 17, 2026. M/s. Hemang Satra & Associates served as the independent scrutinizer for the process, which was conducted through remote e-voting facilitated by Central Depository Services Limited (CDSL).

Voting Breakdown

The resolution required a special majority under Section 110 of the Companies Act, 2013. Promoter and promoter group entities held no shares eligible for voting in this ballot, nor did they participate. Public institutional investors also did not cast votes.

The entire participation came from public non-institutional shareholders, representing a significant portion of the company's shareholding base.

Parmeshvar Namdev Dhangare, Chairman and Director of Take Solutions, countersigned the scrutinizer's report. The company noted that no promoter group members were interested in the agenda item related to Mr. Patra's appointment.

What the Numbers Show

The voting pattern reveals a distinct concentration of engagement among retail and non-institutional investors. With promoters and institutions abstaining or holding zero votes in this specific ballot category, the 99.98% approval rate is driven entirely by public non-institutional shareholders. This suggests that while the broader institutional block may not have been active in this specific remote e-voting cycle, the active retail base strongly endorses the new management structure. The negligible dissent of only 7,301 votes (0.02%) indicates minimal opposition to the board's proposal.