Vimta Labs approves ₹2 dividend, reappoints Executive Chairman

1 min read Updated on 26 Jun 2026, 04:30 PM

Reviewed by

Shriram SScanX News Team

AI Summary

Vimta Labs Limited approved a dividend of ₹2 per share for FY26 and ratified cost auditor remuneration for FY25 and FY26 at its 36th AGM. Shareholders reappointed Mr. Harriman Vungal as Executive Director – Operations and Dr. S P Vasireddi as Executive Chairman via special resolution. The meeting, held via video conferencing on June 25, 2026, saw approximately 38.29% of outstanding shares polled.

*this image is generated using AI for illustrative purposes only.

Vimta Labs Limited approved a dividend of ₹2 per equity share for the financial year ended March 31, 2026, during its 36th Annual General Meeting (AGM) held on June 25, 2026. Shareholders also adopted the audited financial statements for FY26 and ratified the remuneration of cost auditors for FY25 and FY26. The meeting was conducted via video conferencing, with voting results submitted to BSE and NSE pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board proposed the reappointment of Mr. Harriman Vungal as Executive Director – Operations, who retires by rotation. A special resolution was passed to reappoint Dr. S P Vasireddi as Executive Chairman of the company. Ms. Sujani Vasireddi, Company Secretary and Compliance Officer, confirmed that all resolutions were duly transacted and approved.

Voting Results Summary

The remote e-voting facility was provided by Central Depository Services (India) Limited (CDSL). The voting period commenced on June 22, 2026, and concluded on June 24, 2026. Scrutinizers Ms. Razia Shaik and Mr. Mohit Kumar Goyal of M/s D. Hanumanta Raju & Co. oversaw the process.

Resolution Description	Votes In Favour	Votes Against	Status
Adoption of Audited Financial Statements for FY26	17,102,869	124	Passed
Declaration of Dividend of ₹2 per share for FY26	17,102,949	124	Passed
Reappointment of Mr. Harriman Vungal as Executive Director – Operations	17,102,109	884	Passed
Ratification of cost auditors' remuneration for FY25	17,102,834	159	Passed
Ratification of cost auditors' remuneration for FY26	17,102,869	124	Passed
Reappointment of Dr. S P Vasireddi as Executive Chairman	17,102,869	124	Passed

The total number of votes polled on outstanding shares was approximately 38.29%. Promoters and the promoter group held 15,988,982 shares, with 14,808,982 votes polled. Public institutions and non-institutions also participated in the voting process. The results have been declared and submitted to the stock exchanges.

Historical Stock Returns for Vimta Labs

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.09%	+9.96%	+32.43%	-3.43%	+29.49%	+373.29%

How will the reappointment of Dr. S P Vasireddi as Executive Chairman influence Vimta Labs' strategic direction over the next term?

What impact will the ₹2 per share dividend have on shareholder retention and investor sentiment in the upcoming quarters?

How does Vimta Labs plan to address the relatively low voter turnout of 38.29% in future AGMs to enhance shareholder engagement?

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Vimta Labs confirms no encumbrance on promoter shares in FY26

0 min read Updated on 03 Jun 2026, 05:11 AM

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Shriram SScanX News Team

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AI Summary

Vimta Labs Limited confirmed to the exchanges that its promoters and persons acting in concert held no encumbrance on shares during FY26. The disclosure, mandated by SEBI takeover regulations, was submitted on April 7, 2026, and signed by promoter Dr S P Vasireddi.

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Vimta Labs Limited has confirmed that its promoters and persons acting in concert did not create any encumbrance over shares held by them during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration, received from Dr S P Vasireddi on behalf of the promoters and persons acting in concert, stated that no shares were encumbered directly or indirectly in FY26. This confirmation is a mandatory annual disclosure required under the takeover regulations to ensure transparency regarding the holding status of promoter shares.

The filing was addressed to BSE Limited and the National Stock Exchange of India Limited. Sujani Vasireddi, Company Secretary and Compliance Officer of Vimta Labs, submitted the disclosure to the exchanges for their information and records.