GSS Infotech Limited has submitted the Exchange a copy of Srutinizers report and voting results of Annual General Meeting held on September 25, 2025
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GSS Infotech Limited held its 22nd Annual General Meeting on September 25, 2025, via video conferencing, where all four resolutions were passed with overwhelming shareholder support (over 99.8% in favor on each). The resolutions included adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Mr. Rambabu Sampangi Kaipa as a director (retiring by rotation), and appointment of Ms. Neha Pamnani as Secretarial Auditor for five years. The most significant resolution was a special resolution authorizing the company to raise up to USD 10 million through equity shares, depository receipts, convertible securities, preference shares, warrants, debt, or any alternative investment structure. Out of 19,788 shareholders on the record date, 137 members participated in voting (136 via remote e-voting, 1 at the AGM), with 5,736,774 votes polled representing 21.93% of total outstanding shares of 26,156,843.
The approval to raise up to USD 10 million (approximately ₹80–85 crore) gives the company flexibility to raise fresh capital, which could lead to equity dilution depending on the instrument chosen. Shareholders should watch for future announcements on the timing, pricing, and use of proceeds from this fundraising. All other resolutions were routine and passed with strong consensus, indicating no governance concerns.