ERP Soft Systems will host its 32nd Annual General Meeting via video conference on September 29, 2026. The meeting will address the adoption of FY2025-26 financials, where the company reported a flat consolidated profit of Rs 0.18 crore. No dividends have been declared for the year, and shareholders will vote on key board reshuffles, including the appointment of new directors following recent resignations.
ERP Soft Systems 32nd AGM Scheduled for September 29
Consolidated Revenue: Rs 9.53 crore; Consolidated Profit: Rs 0.18 crore.
Reader Takeaway: Shareholders will vote on board changes amidst stagnant annual growth and a no-dividend announcement for FY26.
What just happened
ERP Soft Systems Limited has scheduled its 32nd Annual General Meeting (AGM) for September 29, 2026, at 10:00 a.m. Due to regulatory permissions, the meeting will be held entirely through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Shareholders eligible to vote via the e-voting platform are determined by a cut-off date of September 22, 2026.
Why this matters
The AGM is a pivotal moment for investors to review the company's financial health, which saw consolidated revenue of Rs 9.53 crore and a net profit of Rs 0.18 crore for FY26, largely unchanged from the previous year. Furthermore, the board has not recommended any dividend payout for the year, and shareholders are expected to vote on the regularization of new board members.
Board and Management Updates
The company is undergoing a significant transition in its leadership. Shareholders will be asked to approve the appointment of Mr. Kameswara Rao Anapu as an Independent Director for a five-year term and Mr. Duvvuru Venkata Sivakata Sivakumar Reddy as a Non-Executive Director. These appointments follow the recent resignations of board members Ms. Duvvuru Sarojanamma and Mr. Rathnakara Reddy Avileli, as well as the departure of Company Secretary Ms. Shivangi Choudhry.
Context Metrics (FY 2025-26)
- Standalone Revenue: Rs 0.72 crore (down from Rs 1.55 crore).
- Standalone Profit: Rs 0.07 crore (down from Rs 0.10 crore).
- Consolidated Revenue: Rs 9.53 crore (flat vs Rs 9.65 crore).
- Consolidated Profit: Rs 0.18 crore (flat vs Rs 0.19 crore).
What to track next
Investors should monitor the impact of the newly appointed directors on the company’s strategic direction. Additionally, with the company currently exempt from CSR provisions due to its turnover and net worth, shareholders will likely look for updates on future scalability and operational efficiency in the software services segment.