The 43rd Annual General Meeting (AGM) of PS IT Infrastructure & Services Limited was successfully conducted on 16th September 2025, with both remote e-voting and ballot voting facilities provided to shareholders. A scrutinizer report issued by M/s. Sanjay Kumar Vyas, Practicing Company Secretary, confirmed that all the resolutions placed before the shareholders were approved with overwhelming majority, showcasing strong investor confidence in the management and governance of the company.

Importance of the Scrutinizer Report

Under the Companies Act, 2013 and the Companies (Management & Administration) Rules, 2014, every listed company is required to provide shareholders with fair and transparent voting facilities. To ensure unbiased monitoring, an independent scrutinizer is appointed who certifies the results of voting. In the case of PS IT Infrastructure & Services Limited, the company appointed Mr. Sanjay Kumar Vyas, an experienced Company Secretary in Practice, to oversee the voting process at its 43rd AGM.

The scrutinizer's role is crucial as it assures investors that the voting process was conducted in compliance with legal provisions and without irregularities. This not only strengthens shareholder trust but also highlights the company’s commitment to corporate governance.

Voting Process and Participation

The remote e-voting was conducted through National Securities Depository Ltd. (NSDL) between 13th September 2025 and 15th September 2025. Shareholders holding shares as of the cut-off date, 9th September 2025, were entitled to participate. The facility of e-voting during the AGM was also provided, ensuring maximum participation.

As per the report, shareholders actively engaged in the voting process, which is a sign of growing participation of investors in corporate decision-making.

Key Resolutions Passed

Several important resolutions were placed before the shareholders during the AGM. All resolutions received strong approval, reflecting unanimous shareholder support.

1. Adoption of Financial Statements for FY25
   Shareholders approved the audited standalone financial statements for the year ending 31st March 2025, along with the Board of Directors’ and Auditors’ reports. This reflects the investors’ satisfaction with the company’s financial performance and disclosures.

2. Re-appointment of Directors

   • Mr. Kawarlal K. Ojha (DIN: 07459363) was reappointed as a Director, as he was retiring by rotation. Shareholders supported his continuation, highlighting confidence in his leadership and experience.

   • Ms. Sunita Rani Parida (DIN: 08957699) was reappointed as an Independent Director for a second term of five years. This ensures continuity of independent oversight on the company’s governance practices.

3. Appointment of Secretarial Auditor
   The shareholders also approved the appointment of M/s. Sanjay Kumar Vyas as the Secretarial Auditor of the company and fixed his remuneration. This step strengthens the compliance monitoring framework of the company.

Voting Outcome in Numbers

• For the resolution to adopt financial statements, a total of 16,17,595 votes were cast in favour, while only 6 votes were against.

• The reappointment of Mr. Kawarlal K. Ojha also saw 16,17,595 votes in favour, with negligible opposition.

• The reappointment of Ms. Sunita Rani Parida as Independent Director was supported with 100% voting approval.

• The appointment of M/s. Sanjay Kumar Vyas as Secretarial Auditor was also approved with 100% votes in favour.

This clearly shows the strong alignment between management decisions and shareholder expectations.

Strengthening Corporate Governance

AGMs are an important platform for corporate democracy where shareholders exercise their voting rights. The overwhelming approval of resolutions indicates that PS IT Infrastructure & Services Limited has successfully built investor confidence through its transparent governance practices, strong leadership, and clear communication with stakeholders.

The scrutinizer report serves as a crucial document ensuring that the voting process complied with all applicable regulations. The presence of an independent professional guarantees neutrality and fairness in the results.

Significance for Investors

For investors, such outcomes are reassuring. The adoption of financial statements reflects strong financial accountability, while the reappointment of directors ensures continuity in leadership. Independent directors like Ms. Sunita Rani Parida provide critical oversight, ensuring that decisions are taken in the best interest of shareholders. The appointment of a secretarial auditor further strengthens the company’s compliance and governance framework.

Outlook

Going forward, PS IT Infrastructure & Services Limited is expected to continue focusing on corporate governance, compliance, and shareholder value creation. The unanimous approval of key resolutions signals that investors have confidence in the company’s growth trajectory.

By ensuring transparency in voting and reporting, the company has once again highlighted its commitment to ethical practices. This will not only improve investor relations but also enhance its reputation in the corporate sector

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