Dev Accelerator544513AGM

AGM Voting Results: All 10 Resolutions Passed, Including Financials Adoption and Director Re-appointments

Dev Accelerator held its 6th AGM on September 25, 2026 via video conferencing.

By ScoutQuest · Fri 25 Sep 2026, 6:06 PM IST · 1 min read

52.1%Res 1 percent of outstanding polled

Res 1 percent of outstanding polled: 52.1003%.

AGM Date: September 25, 2026
Resolutions Passed: 10 resolutions
FY26 Financial Statements Adoption: 99.9986% in favour
Yash Himanshu Shah Re-appointment: 99.9985% in favour
Jaimin Jagdishbhai Shah Re-appointment: 99.9979% in favour

What happened

Dev Accelerator Limited submitted the voting results and consolidated scrutinizer's report for its 6th Annual General Meeting, held on September 25, 2026 through video conferencing. The meeting ran from 01:00 PM to 01:21 PM, and 10 resolutions were passed.

Participation

Total shareholders on the record date: 18596
Promoter and promoter group attending via video conferencing: 2
Public shareholders attending via video conferencing: 48
Total shares outstanding for voting: 94631955

Adoption of FY26 financial statements (Ordinary)

Shareholders adopted the audited standalone and consolidated financial statements for the year ended March 31, 2026, with the Board's and Auditors' reports.

Votes polled: 49303487, being 52.1003 percent of outstanding shares
In favour: 49302814; against: 673
In favour on votes polled: 99.9986 percent

Re-appointment of Mr. Yash Himanshu Shah (Ordinary)

Director retiring by rotation, re-appointed.

Votes polled: 48912767, being 51.6874 percent of outstanding shares
In favour: 48912038; against: 729
In favour on votes polled: 99.9985 percent

Re-appointment of Mr. Jaimin Jagdishbhai Shah as Nominee Director (Special) Re-appointed as Nominee Director on behalf of Dev Information Technology Limited. The promoter and promoter group were noted as interested in this resolution, and promoter votes polled here were 18596640, lower than their full holding of 33201850 shares.

Total votes polled: 34307557, being 36.2537 percent of outstanding shares
In favour: 34306828; against: 729
In favour on votes polled: 99.9979 percent

What it means for investors

These are routine annual-meeting outcomes. All resolutions covered here were approved with very large majorities and only a handful of shares voted against. Institutional participation was limited — public institutions polled 390720 votes on the financial statements resolution and did not vote on the two director resolutions covered here. The scrutinizer was Murtuza Mandor of Murtuza Mandorwala & Associates, whose report was issued on the meeting date.