Vedavaag Systems Limited held its 28th Annual General Meeting on September 30, 2026, in Hyderabad, passing both ordinary resolutions with over 99.99% votes in favour out of 8,737,132 total votes polled.

The meeting was chaired by Managing Director Murali Krishna Jonnavittula at The Surana Auditorium, Federation of Telangana Chamber of Commerce and Industry, Hyderabad. The AGM commenced at 10:00 am and concluded at 10:25 am. A total of 16,784 shareholders were on record as of the cut-off date of September 23, 2026, with 66 shareholders present in person or through proxy.

Key resolutions passed

The agenda covered two ordinary business items focused on statutory compliance and board continuity. Both resolutions were put to vote through remote e-voting and physical poll at the venue.

Detailed voting results

Remote e-voting was facilitated by National Securities Depository Limited and was open from September 26, 2026 to September 29, 2026. The following tables present the consolidated voting outcome for each resolution.

Resolution 1: Adoption of audited financial statements for FY26

Resolution 2: Re-appointment of Ananth Jonnavittula as director

Scrutinizer's report and attendance

D. Renuka, Practicing Company Secretary with membership number 11963, was appointed as scrutinizer on August 29, 2026, and issued the consolidated scrutinizer's report on September 30, 2026. The scrutinizer confirmed that all resolutions secured the requisite majority and were passed as ordinary resolutions.

Directors present included Murali Krishna Jonnavittula and Independent Director Srinivas Pannala. Chief Financial Officer T. B. Krishna Mohan and Company Secretary Saiteja Ivaturi also attended. The voting results and scrutinizer's report were submitted to BSE Limited and made available on the company's website.

Vedavaag Systems Limited board of directors approved a proposal to invest in the equity share capital of its wholly owned subsidiary, Vedavaag Financial Insurance Broking Services Private Limited. The decision, taken at a meeting held on September 24, 2026, aims to provide necessary capital support for expanding the subsidiary's insurance broking business.

The investment is specifically intended to help the subsidiary meet its regulatory and operational capital requirements. This move signals the parent company's intent to strengthen the financial infrastructure of its insurance brokerage arm as it seeks to expand operations.

Regulatory Compliance and Disclosure

The approval was granted pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the exact size of the investment and other relevant details will be disclosed to stock exchanges and shareholders upon receipt of requisite regulatory approvals.

Key details of the board meeting include:

• Date: September 24, 2026
• Duration: 3:00 pm to 3:45 pm
• Subsidiary: Vedavaag Financial Insurance Broking Services Private Limited
• Purpose: Capital support for regulatory and operational needs

The company noted that the proposal is subject to applicable statutory and regulatory approvals and compliances. Further developments regarding the quantum of investment will be communicated in due course.