FCS Software Solutions Limited , a prominent player in the IT industry, has made significant changes to its board and audit structure, as approved by shareholders at the company's 32nd Annual General Meeting (AGM) held on August 19, 2025.

New Independent Directors

The company has appointed two new Non-Executive Independent Directors for five-year terms, effective July 22, 2025:

1. Ms. Dolly Saini (DIN: 08161861): An experienced professional with over a decade of expertise in governance, finance, and insurance. Ms. Saini currently serves as a Women Director at New Light Apparels Limited and has previously held positions at HDFC Life and Edelweiss Tokio Life. Her diverse experience includes roles as an Accountant and Company Secretary Assistant.

2. Mr. Nitish Kumar Singh (DIN: 07702754): Holding a Master's degree, Mr. Singh brings eight years of experience in IT Back Support to the board.

Both directors have been confirmed not to be debarred from holding office by any regulatory authority, including SEBI.

Appointment of Secretarial Auditor

In addition to the board appointments, the shareholders approved the appointment of M/s Neeraj Arora & Associates, a peer-reviewed firm of Practicing Company Secretaries, as the Secretarial Auditor of FCS Software Solutions. The firm will serve for a term of five consecutive years, from FY 2025-26 to FY 2029-30.

Other AGM Proceedings

The AGM, which was conducted through Video Conferencing (VC)/ Other Audio Visual Means (OAVM), also addressed several other matters:

• Adoption of audited Standalone and Consolidated Financial Statements for the year ended March 31, 2025
• Re-appointment of Mrs. Neelam Sharma (DIN: 10291133) as a director
• Approval of material related party transactions with Bloom Healthcare & Hospitality Management Private Limited, a material subsidiary of the company

The meeting, chaired by Mr. Ravinder Sachdeva, Whole-time Director of the company, commenced at 11:30 AM and concluded at 12:14 PM.

These strategic appointments and decisions reflect FCS Software Solutions' commitment to strengthening its corporate governance and ensuring compliance with regulatory requirements. The diverse expertise of the new board members is expected to contribute significantly to the company's future growth and development in the competitive IT landscape.

FCS Software Solutions Limited , a prominent player in the IT industry, has announced significant changes to its board and audit structure. The company's Board of Directors made two key appointments during their 225th meeting held on July 22, 2025, at their corporate office in Noida.

New Independent Director

Mr. Nitish Kumar Singh has been appointed as an Additional Non-Executive Independent Director for a five-year term, effective July 22, 2025. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Mr. Singh brings valuable experience to the board, holding a Master's degree and boasting eight years of experience in IT Back Support. His appointment is expected to contribute to the company's strategic direction and governance.

New Secretarial Auditors

In another significant move, the Board has appointed M/s. Neeraj Arora & Associates as the company's Secretarial Auditors for a five-year period, spanning from FY 2025-26 to FY 2029-2030. This appointment is also pending shareholder approval at the AGM.

M/s. Neeraj Arora & Associates is a peer-reviewed firm established by Mr. Neeraj Arora, a Practicing Company Secretary with over 10 years of experience. The firm specializes in Company Law, Securities Laws, and Secretarial Audit, among other areas.

Additional Board Decisions

The Board meeting, which commenced at 11:00 A.M. and concluded at 12:10 P.M., also addressed several other important matters:

1. Approval of the Board's Report, Corporate Governance Report, and Management Discussion & Analysis Report for the financial year ended March 31, 2025.
2. Scheduling of the 32nd Annual General Meeting for August 19, 2025, to be held via video conferencing.
3. Setting the record date as August 12, 2025, for the AGM, with the Register of Members and Share Transfer Books to remain closed from August 13 to August 19, 2025.

Q1 FY2026 Financial Highlights

The Board also reviewed and approved the unaudited financial results for the quarter ended June 30, 2025:

The company reported a decline in revenue and profitability compared to the same quarter last year. However, the management remains focused on strategic initiatives to drive growth and improve performance in the coming quarters.

These appointments and financial results underscore FCS Software Solutions' commitment to strengthening its governance structure and transparency while navigating the challenges in the dynamic IT industry landscape.