Austere Systems Ltd: AGM Notice, Director Appointed, Dividend Recommended

Austere Systems Ltd has issued a notice for its Annual General Meeting (AGM) scheduled for September 30, 2026. The Board of Directors, in a meeting held on September 7, 2026, approved the appointment of Mr. Mayank Gupta as an Additional Director (Non-Executive Independent) for a five-year term, subject to shareholder approval. The Nomination & Remuneration Committee was reconstituted to include Mr. Gupta. Additionally, the Board recommended a final dividend of 8% (₹0.80 per share) for FY 2025-26, pending shareholder approval at the AGM. The company also approved the re-appointment of L. Gupta & Associates as Secretarial Auditor and M/s DSG & Associates as Internal Auditor for FY 2026-27.