Datamatics Global Services Limited (DGSL) has announced a postal ballot to seek shareholder approval for the appointment of Mahesh Zurale as a Non-Executive Independent Director. The company is proposing to appoint Zurale for a two-year term, from October 30, 2025, to October 29, 2027.

Key Details of the Proposed Appointment

• Candidate: Mahesh Zurale (DIN: 10535033)
• Position: Non-Executive Independent Director
• Term: 2 years (October 30, 2025 - October 29, 2027)
• Approval Method: Special Resolution via Postal Ballot

About Mahesh Zurale

Mahesh Zurale brings a wealth of experience to DGSL:

• Former Senior Managing Director at Accenture
• Led Accenture's Advanced Technology Centers (ATC) Global Network until 2025
• Member of Accenture's Global Management Committee (GMC)
• Previously served as Chief Operating Officer of Datamatics Global Services Limited

Voting Process

DGSL has outlined the following voting details:

• E-voting Period: November 11, 2025 (9:00 AM IST) to December 10, 2025 (5:00 PM IST)
• E-voting Platform: National Securities Depository Limited (NSDL)
• Results Declaration: On or before December 12, 2025

Compliance and Disclosures

The company has confirmed that Mahesh Zurale:

• Meets the criteria of independence as per Section 149(6) of the Companies Act, 2013 and SEBI Listing Regulations
• Is not disqualified from being appointed as a Director
• Is not debarred from holding the office of Director by any SEBI Order or other statutory authority

Shareholder Considerations

Shareholders should note:

• The appointment requires approval through a Special Resolution
• Voting rights will be proportional to shareholding in the paid-up equity share capital as of November 7, 2025 (Cut-Off Date)
• The resolution, if passed, will be deemed effective on the last date of e-voting (December 10, 2025)

This move by Datamatics Global Services Limited to appoint Mahesh Zurale as an Independent Director aligns with corporate governance best practices and regulatory requirements. Shareholders are encouraged to review the full postal ballot notice and exercise their voting rights within the specified period.

Datamatics Global Services Ltd. (DGSL) has reported robust financial results for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Revenue and Profitability

The company's revenue for Q2 FY26 stood at Rs. 490.2 crores, marking a substantial year-on-year growth of 20.5% and a sequential increase of 4.8%. This growth trajectory reflects DGSL's strong market position and effective business strategies.

DGSL's profitability saw remarkable improvement:

*PAT after non-controlling interest

The company's EBITDA margin expanded significantly to 18.1%, representing a year-on-year increase of 613 basis points.

Segment Performance

DGSL's performance across its business segments showed mixed results:

The Digital Technologies segment saw notable improvement in EBIT margin, expanding by 388 basis points quarter-on-quarter.

Geographic Distribution

The United States remains DGSL's largest market, contributing 56% of the business, followed by the UK and Europe at 21%, India at 15%, and the rest of the world at 8%.

Financial Position

As of September 30, 2025, DGSL maintained a strong balance sheet with net cash and investments of Rs. 509.4 crores. The company's billed DSO (Days Sales Outstanding) improved to 55 days from 57 days in March 2025.

Future Outlook

Ankush Akar, SVP and Chief Financial Officer, stated, "We remain confident of maintaining our performance trajectory." The company expects mid-teens growth for the full year, including acquisitions.

DGSL continues to invest Rs. 40-50 crores annually in AI and emerging technologies, focusing on building accelerators, platforms, and AI-augmented solutions across its business lines.

While the company faces some challenges in its Digital Experiences segment due to client transitions, management remains optimistic about signing new marquee logos and expanding existing customer relationships.

Conclusion

Datamatics Global Services Ltd.'s Q2 FY26 results demonstrate the company's resilience and strategic focus on operational efficiency and innovation. With a strong financial position and continued investments in emerging technologies, DGSL is well-positioned to capitalize on emerging opportunities in AI and digital transformation.