Softrak Venture AGM 2026: dividend and land sale vote

What the latest AGM addendum changes

Softrak Venture Investment Ltd has issued an addendum to its notice for the 33rd Annual General Meeting (AGM) scheduled on September 25, 2026. The addendum was approved by the board to include an asset disposal proposal as Item No. 4 under Special Business. The company said the addendum has been electronically sent to all registered members and to the e-voting administrator, CDSL. This update comes after the original AGM notice was dispatched on September 5, 2026. The AGM is scheduled to commence at 2:00 pm and conclude at 2:30 pm IST. The meeting is planned to be held through video conferencing (VC/OAVM), with remote e-voting enabled.

Key resolutions shareholders will vote on

The AGM agenda, as reflected in the company’s disclosures, includes adopting the audited financial statements for the year ended March 31, 2026 along with the Board’s Report and auditors’ reports. It also includes the re-appointment of Mr. Raghvendra Kulkarni (DIN: 06970323) as an Executive Director, who retires by rotation and offers himself for re-appointment. Another item is the declaration of a final dividend for FY26. The notice also includes the appointment of Mrs. Manorama Jitendra Shah (DIN: 07108562) as a Non-Executive Independent Director. Her proposed term is five consecutive years, effective September 25, 2026. The disclosures note she was initially appointed as an Additional Director on March 26, 2026.

Dividend details: ₹0.005 per share for FY26

Softrak Venture Investment has proposed a final dividend of ₹0.005 per equity share for FY26. The notice also states this is 0.5% of the face value, with the face value of each equity share being ₹1. The dividend will be subject to shareholder approval at the AGM. The company has set September 18, 2026 as the record date for determining eligible shareholders. Shareholders whose names appear in the Register of Members or in depository records as of the close of business on that date will be eligible to receive the dividend if it is declared at the AGM. The disclosures also separately reference “Final Dividend of Rs.0.005 on 18/09/2026,” aligning with the stated record date.

Addendum item: sale of non-operational barren land

A key change in the AGM materials is the inclusion of an asset disposal proposal via the addendum. The board has approved seeking shareholder approval through a special resolution to sell the company’s non-operational barren land in Gujarat. The company described the land as barren and unutilized. Disclosures quantify the land’s net block at about ₹11.58 crore and note it represents about 99.75% of the company’s property, plant and equipment (PPE). The proposal will be placed before shareholders at the 33rd AGM on September 25, 2026 through the newly added special business item.

Dispatch and e-voting: what investors should note

The original notice for the 33rd AGM was dispatched on September 5, 2026, and the addendum was later dispatched electronically to shareholders. The company also sent the addendum to CDSL, the e-voting administrator referenced in the disclosure. The AGM is to be conducted via VC/OAVM, and remote e-voting will be available as part of the meeting process. The stated meeting window is 30 minutes, from 2:00 pm to 2:30 pm IST on September 25, 2026. These operational details matter for shareholders who plan to participate or vote, particularly those relying on electronic attendance and voting.

Book closure and record date: two separate cut-offs

Softrak Venture Investment stated that its share transfer books will be closed from September 19, 2026 to September 25, 2026, inclusive. The disclosure links this period to eligibility for voting. Separately, the record date for the proposed dividend is September 18, 2026. In practice, investors typically track both dates because they serve different purposes in corporate actions and AGM logistics. The company has explicitly stated both dates in its AGM-related communication. Shareholders should distinguish between the dividend record date and the book closure window for AGM participation and voting eligibility.

Other board actions referenced in the disclosures

Alongside AGM preparations, the company said its board approved the Director’s Report for FY26 and adopted the Secretarial Audit Report. The disclosures also reference a board meeting intimation indicating a board meeting scheduled on August 31, 2026 to consider and approve AGM-related matters. In addition, the company’s registered address is mentioned in the provided filing excerpt (Ahmedabad, Gujarat), along with contact details. While these items are procedural, they form part of the compliance trail around the AGM notice and annual report filing.

Regulatory and compliance items cited separately

The provided information also includes a compliance update under “Recovery Proceedings.” It references a SEBI order for compliance and a release order. The entry is linked to “Certificate No. RC 722 of 2015” against Softrak Venture Investment Limited, with PAN noted as AAOCS4146C. The date shown for this referenced regulatory item is September 10, 2026. The disclosure excerpt does not provide further operational detail beyond these identifiers, but it flags the presence of an ongoing compliance-related reference in the available filings.

Snapshot table: dates, proposals, and figures

Market impact: what these disclosures signal

The immediate market relevance of the disclosures lies in two shareholder decisions: the dividend and the asset disposal resolution. The dividend is small in absolute terms at ₹0.005 per share, and it remains subject to approval at the AGM. The land sale proposal is positioned as a special resolution, and the company has quantified its significance by stating the land accounts for about 99.75% of PPE and has a net block of about ₹11.58 crore. Operationally, the short AGM duration, electronic mode, and the defined book closure window provide clarity for participation and voting logistics. The separate reference to a SEBI recovery-related compliance item dated September 10, 2026 highlights that regulatory compliance disclosures are also part of the company’s information flow during this period.

Why the land sale resolution matters in context

When a single asset category makes up a very high proportion of PPE, decisions about that asset can materially change the balance sheet profile disclosed to investors. In Softrak Venture Investment’s case, the company has explicitly said the land proposed to be sold represents about 99.75% of PPE, which makes the shareholder vote on disposal more consequential than a routine housekeeping item. The company has chosen to include the proposal through an addendum rather than waiting for a later meeting, suggesting it wanted the resolution considered alongside the FY26 AGM agenda. The use of a special resolution also indicates the company is following the higher approval threshold applicable for such corporate actions.

Conclusion

Softrak Venture Investment’s 33rd AGM on September 25, 2026 will consider FY26 financial statements, director appointments, a ₹0.005 per share final dividend, and a newly added special resolution to sell barren land in Gujarat. The original notice was dispatched on September 5, 2026, and the addendum was electronically sent to shareholders and CDSL. Key dates include the dividend record date of September 18, 2026 and book closure from September 19 to September 25, 2026. The next confirmed step is the shareholder voting process and the AGM proceedings via VC/OAVM within the announced 2:00 pm to 2:30 pm IST window.