Subex Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2025
SUBEXLTD · price
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Subex Limited held its 31st AGM on September 29, 2025, via video conferencing, attended by 40 members. The meeting covered adoption of audited financial statements for FY25, re-appointment of Mr. Anil Singhvi (Non-Executive & Non-Independent Director) via rotation, and appointment of M/s. M.S.K.C & Associates LLP as new Statutory Auditors. Shareholders also approved the Subex Employees Stock Option Scheme – 2025 (ESOP-2025) and the grant of stock options to employees of subsidiaries under this scheme. The Chairman confirmed no qualifications or adverse remarks in the Statutory and Secretarial Auditor's reports. The e-voting process is underway, with consolidated results expected to be shared with stock exchanges within two working days.
The approval of the new ESOP-2025 scheme could lead to future equity dilution but may help attract and retain talent. The change in statutory auditors to M.S.K.C & Associates LLP is a governance development worth noting. Overall, a routine AGM with no negative audit flags, generally neutral for shareholders pending the voting results.