USG Tech Solutions Limited’s Board of Directors convened on August 13, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also appointed Mr. Gajanand Gupta as an additional independent director. Key decisions included the scheduling of the 27th Annual General Meeting for September 30, 2026, and the appointment of CDSL for remote e-voting and a scrutinizer for the upcoming meeting.
Board Meeting Addresses Key Corporate Matters
USG Tech Solutions Limited announced the outcomes of its Board of Directors’ meeting held on Thursday, August 13, 2026. The meeting, which commenced at 03:00 P.M. and concluded at 04:30 P.M., inter alia considered and approved several critical corporate actions and financial reporting matters.
Financial Results and Review
The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. These results, which were duly reviewed by the Audit Committee, were accompanied by the Limited Review Report. The financial statements were prepared in accordance with applicable accounting standards.
Director Appointment and Corporate Governance
In a significant move to strengthen corporate governance, the Board approved the appointment of Mr. Gajanand Gupta (DIN: 01819397) as an additional Independent Director (non-executive) of the Company. This appointment aims to enhance the board’s oversight and strategic direction.
Annual General Meeting Scheduled
The notice for the 27th Annual General Meeting (AGM) of the Company was approved. The AGM is scheduled to be held on Wednesday, September 30, 2026, at 12 Noon, conducted via video conferencing and other audio-visual means. Furthermore, the register of members and share transfer books will be closed from September 23, 2026, to September 30, 2026, inclusive, for the purpose of the AGM.
E-voting and Scrutinizer Appointment
To facilitate shareholder participation, the Company appointed CDSL for conducting Remote E-voting. Additionally, CA Shiva Nishad (M. No. 560019, FRN: 009088N), Partner of M/s Krishan Rakesh & Co., Chartered Accountants, was appointed as the Scrutinizer for the e-voting process at the upcoming AGM.
Director’s Report and Other Items
The Board also reviewed and approved the Director’s Report and other related items for the financial year ended March 31, 2026.
Regulatory Compliance Declarations
The company provided a Certificate of Non-Applicability of Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming no public issue proceeds were raised during the reporting quarter. A declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, was also furnished.
Source: BSE
