Zen Technologies holds 33rd AGM, approves new director appointments
- Zen Technologies held its 33rd AGM on August 29, 2026, via video conferencing
- Shareholders appointed Jasthi Krishna Kishore and Uma Priyadarshini Kollareddy as Independent Directors
- Mrs. Shilpa Choudari was reappointed as Whole Time Director; Mr. Ashok Atluri retired by rotation and was reappointed
- Audited financial statements for FY26 were adopted, and a final dividend was declared
- No qualifications were noted in the Statutory or Secretarial Auditor reports
*this image is generated using AI for illustrative purposes only.
Zen Technologies held its 33rd Annual General Meeting on August 29, 2026. The gathering focused on governance updates, including the appointment of new board members and the adoption of financial statements for FY26.
The meeting was conducted through Video Conferencing in compliance with Ministry of Corporate Affairs guidelines. Sixty-nine shareholders attended, comprising 12 promoters and 57 public members.
Board Appointments
Shareholders approved several key resolutions regarding the composition of the Board of Directors:
- Appointment of Mr. Jasthi Krishna Kishore as an Independent Director
- Appointment of Ms. Uma Priyadarshini Kollareddy as an Independent Director
- Re-appointment of Mrs. Shilpa Choudari as a Whole Time Director
- Re-appointment of Mr. Ashok Atluri, who retires by rotation
These appointments follow the completion of tenures by Dr. Ajay Kumar Singh and Ms. Sirisha Chintapalli, whose contributions were formally acknowledged during the proceedings.
Financial and Operational Updates
The AGM served to receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. The Company also declared a final dividend on equity shares for FY26.
Mr. Ashok Atluri, Chairman and Managing Director, addressed the members regarding the company’s performance. He highlighted growth in the order book and strategic expansions across simulation, anti-drone systems, drones, and robotics. The Chairman also outlined the development of Samvid, the company’s sovereign defence-AI platform, alongside ongoing ESG initiatives.
Governance and Compliance
Mr. Sourav Dhar, Company Secretary & Compliance Officer, informed members that the Statutory Auditors’ Report and Secretarial Auditor’s Report contained no qualifications or adverse remarks. The Cost Auditors’ remuneration for FY27 was ratified.
The Company emphasized its "Green Initiative" by emailing soft copies of the Annual Report for FY26 to all members, with physical copies dispatched only upon request.
Historical Stock Returns for Zen Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.36% | -7.74% | +8.33% | +30.69% | +21.75% | 0.0% |
How will the appointment of new independent directors influence Zen Technologies' strategic oversight in the rapidly evolving defence-AI sector?
What specific revenue targets or market share goals has management set for the expansion into anti-drone systems and robotics for FY27?
How might the development of the sovereign defence-AI platform 'Samvid' impact Zen Technologies' competitive positioning against global defence contractors?
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