Excelsoft Technologies Limited announced the results of its postal ballot, wherein shareholders approved key resolutions. Dr. Jayakumar Karuppusamy was appointed as a Non-Executive Independent Director for a term of five years, effective March 10, 2026, up to March 09, 2031. This resolution passed with 99.9550% of votes in favour. Shareholders also approved the remuneration for Mr. Dhananjaya Sudhanva, Chairman and Managing Director, and Mrs. Shruthi Sudhanva, Whole Time Director. The remuneration for Mr. Sudhanva includes a fixed salary not exceeding ₹4,80,00,000 per annum, along with various perquisites and benefits. The remuneration for Mrs. Sudhanva includes a fixed salary not exceeding ₹1,50,00,000 per annum, along with similar allowances and benefits. These resolutions were passed with 97.0968% and 97.0968% of votes in favour, respectively. Additionally, an ordinary resolution was passed to approve the holding of an office or place of profit and remuneration payable to Mr. Adarsh Sudhindratheertha Mysore, Chief Innovations Officer. The e-voting for these resolutions concluded on May 29, 2026, and the results were officially reported on June 02, 2026. The company's website and the e-voting agency's website will host the voting results and scrutinizer's report.
