Tejas Networks 26th AGM: All 8 resolutions passed with requisite majority
TEJASNET · price
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At Tejas Networks 26th AGM held on June 26, 2026 via video conferencing, all 8 resolutions were passed. Key items include adoption of FY26 standalone and consolidated financial statements, reappointment of Arnob Roy as Director and MD and CEO, appointment of Srikumar Vijayasekharan as Independent Director, approval of material related party transactions with TCS and Tata Semiconductor Assembly and Test (TSAT), and ratification of cost auditors remuneration. Promoter group holds about 53 percent of equity (94.9 million shares). The MD and CEO appointment saw the highest dissent at 3.45 percent against, while all other resolutions passed with over 99 percent support.
Routine AGM outcome; management continuity confirmed. Minor investor pushback on CEO reappointment. Tata group related party deals approved.