Unipro Technologies Limited shareholders approved a revision in the remuneration payable to its Whole-time Director and Chief Executive Officer, Bharath Kumar Kakkireni. The new compensation package is set at ₹4,00,000 per month, effective from October 1, 2026.

The approval was granted during the company's 41st Annual General Meeting (AGM), held on September 30, 2026, via Video Conferencing and Other Audio-Visual Means. The decision aligns with the provisions of Sections 196, 197, and 198 of the Companies Act, 2013, along with Schedule V and applicable SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.

Remuneration details

The following table outlines the specific terms of the revised remuneration for the Key Managerial Personnel:

Regulatory compliance

The intimation was filed under Regulation 30 read with Para A of Part A of Schedule III of the SEBI LODR Regulations, 2015. The filing confirms that the members have authorized the payment structure in accordance with statutory requirements governing managerial remuneration in India.

Governance context

This update highlights a specific adjustment in executive compensation within the technology sector. While the source document does not provide comparative historical data or peer benchmarks, the fixed monthly nature of the remuneration suggests a stable cash-based component for the leadership team. The effective date immediately following the AGM indicates prompt implementation of shareholder mandates.

Unipro Technologies has issued an addendum to its Annual General Meeting notice, proposing a fourfold increase in the monthly remuneration of Whole-time Director and CEO Bharat Kumar Kakkireni. The revision raises his compensation from ₹1 lakh to ₹4 lakh per month, effective October 1, 2026.

The proposal, scheduled for approval at the 41st AGM on September 30, 2026, cites the director's role in the company's revival and turnaround efforts. The Nomination and Remuneration Committee and the Board approved the change on September 8, 2026, subject to member consent via a Special Resolution.

Remuneration Structure and Regulatory Compliance

The proposed annual remuneration stands at ₹48 lakh. As the company reported inadequate profits for FY26, this amount is payable as minimum remuneration under Schedule V of the Companies Act, 2013. The company’s effective capital is less than ₹5 crore, a threshold that caps managerial remuneration at ₹60 lakh annually for such entities. The proposed figure remains within this statutory limit.

Financial Context of the Revision

The explanatory statement highlights a significant shift in operational scale as justification for the pay hike. Revenue from operations grew from ₹6.63 lakh in FY25 to ₹99.99 lakh in FY26. Despite this top-line expansion, the company remained loss-making, reporting a net loss after tax of ₹30.80 lakh in FY26, compared to a net loss of ₹35.03 lakh in FY25.

The board noted that costs associated with the revival programme exceeded revenue during the period. The newly appointed management has focused on regulatory compliance, including re-listing on the BSE, and positioning the firm as an IT consultancy.

What the Numbers Show

A divergence exists between the magnitude of the revenue growth and the absolute scale of operations. While revenue expanded approximately 15 times year-over-year, the absolute base remains small at under ₹1 crore. The proposed remuneration of ₹48 lakh represents nearly half of the company’s total FY26 revenue (₹99.99 lakh). This ratio underscores the early-stage nature of the company's turnaround, where executive compensation is being aligned with strategic leadership needs rather than current profitability metrics.