Takyon Networks Ltd has re-appointed its internal and secretarial auditors following its Board Meeting held on May 20, 2026. The decisions were taken to comply with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board re-appointed M/s Kapoor Varma & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial year 2026-27. The firm, bearing Firm Registration No. 025813C, was appointed to conduct the internal audit for a period of one year. The remuneration for the auditor will be as decided by the Board of Directors.

Furthermore, the company re-appointed M/s Gesu Nathani & Associates, Practicing Company Secretary, as the Secretarial Auditor for a tenure of five consecutive years. This term is set to commence from FY 2026-27 and will continue until FY 2030-31. The appointment is subject to the approval of the shareholders at the ensuing Annual General Meeting.

Details of Appointments

The following table summarizes the key details regarding the re-appointments:

The Board Meeting commenced at 4:05 PM and concluded at 6:30 PM on May 20, 2026, at the Registered Office of the company. The disclosures regarding these changes in key managerial personnel were made in accordance with Regulation 30 of the SEBI Listing Regulations.

Takyon Networks Ltd has secured a work order worth Rs. 8,300,000 (Rupees Eighty-Three Lakhs) from Hindustan Aeronautics Limited (HAL) for the supply and installation of Active Network Components. The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III and SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July 2023. The intimation was signed by Managing Director Manish Kumar Sharma on 5th May 2026.

Order Details

The work order pertains to the supply of a new product — Active Network Components — to HAL, a domestic entity. The contract is classified as a supply and installation engagement of medium size. Below is a summary of the key disclosures made in the prescribed format under Regulation 30:

Compliance and Disclosure

The disclosure was filed in compliance with SEBI (LODR) Regulations, 2015, along with the prescribed Annexure A. Takyon Networks confirmed that neither the promoter nor the promoter group nor any group companies hold any interest in Hindustan Aeronautics Limited. The order does not fall within the purview of related party transactions. The intimation was submitted to the Listing Department of BSE Limited on 5th May 2026.

About Takyon Networks

Takyon Networks Limited, formerly known as Takyon Networks Private Limited, is registered under CIN U72300UP2015PLC070649. The company's registered office is located at CP-37, Viraj Khand-4, Gomti Nagar, Lucknow-226010 (UP), with a branch office at 911, DLF Tower B, Jasola, District Center, New Delhi-110044.