Exato Technologies Ltd

Exato Technologies Ltd reports no deviations or variations in the utilization of IPO proceeds for the quarter ended March 31, 2026. The company raised ₹3430 Lakhs through its IPO and has provided a statement and auditor's certificate confirming the proper utilization of funds. The funds were allocated to working capital, product development, repayment of borrowings, general corporate purposes, and issue expenses.

Exato Technologies Ltd. has approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board meeting, held on May 29, 2026, also saw the appointment of M/s Nirbhay Kumar & Associates as Secretarial Auditor and M/s Cohort Ventures LLP as Internal Auditor for FY 2026-27. Mr. Sadanand Muralidharan was appointed as Chief AI Officer, and Mr. Gopinath P Bailur was elevated to Chief Operating Officer, both effective June 1, 2026. The company has decided not to recommend any dividend, reinvesting profits for future growth. Additionally, the registered office is being shifted within Noida, effective June 1, 2026.

Exato Technologies Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a final dividend on equity shares for the same financial year. The trading window has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results.

Exato Technologies Ltd has secured three orders from iQor India Services Private Limited, Noida, for professional charges related to managed services. The aggregate value of these orders is ₹24,57,92,000, exclusive of applicable taxes. The orders are to be executed on or before 31/08/2027, 01/09/2027 and 31/08/2027 respectively. This development reflects the company's technical expertise and focus on delivering technology-driven solutions.

Anorag K Bhandarkar, Senior Vice President – CX & Analytics and a Senior Management Personnel (SMP) at Exato Technologies Limited, has resigned from his position effective May 14, 2026, citing personal reasons. The company has disclosed this information as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bhandarkar has also expressed his gratitude for the opportunities he received during his tenure.

Exato Technologies Ltd has secured two export orders from Diligenta Limited, England, for professional services related to Cognigy Voice AI implementation and software licenses. The aggregate value of the orders is USD 243,872, excluding taxes. This win reflects Exato's technical expertise and focus on delivering technology-driven solutions, aligning with its AI-first strategy for customer experience.

Exato Technologies Ltd's Board of Directors, on April 29, 2026, approved several resolutions, including the appointment of Dr. Milind Raman Godbole as a Non-Executive, Non-Independent Director (subject to shareholder approval), set April 24, 2026, as the record date for postal ballot, appointed CS Nirbhay Kumar as scrutinizer, KFin Technologies Limited as the e-voting agency, and fixed the e-voting period from May 1 to May 30, 2026. Additionally, Mr. Naveen Krishna was appointed as Chief Revenue Officer (CRO), effective May 4, 2026.

Exato Technologies Ltd announced that its Chairman and Managing Director, Mr. Appuorv K Sinha, participated in a YouTube podcast titled “Why he registered an .AI domain in 2021 when nobody cared about AI.” The discussion, in collaboration with Green Portfolio and IR_Finportal, covered artificial intelligence's enterprise use cases, execution layers, the company's business model, growth drivers, ROI measurement, and the future of work. The podcast aims to provide insights into AI beyond market hype and its practical business implications. It is accessible on the company's website and YouTube.

Exato Technologies Ltd has announced the closure of its trading window for designated persons and their immediate relatives, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and BSE Circular No. LIST/COMP/01/2019-20. The closure will be effective from 1st April, 2026 until 48 hours after the declaration of the audited standalone and consolidated financial results for the quarter and financial year ended on 31st March, 2026. The date of the board meeting to consider these results will be intimated separately.

Exato Technologies Ltd. has received an order from the Office of the Assistant Commissioner of CGST & Central Excise Division - X, Mumbai East, confirming a demand of Input Tax Credit (ITC) amounting to ₹41,046 (CGST of ₹20,523 and SGST of ₹20,523) for the period from April 2019 to March 2020. The order also includes interest under Section 50(1) of the CGST Act, and MGST Act, 2017 read with Section 20 of the Integrated Goods and Services Tax Act, 2017 and a penalty amounting to ₹41,046 under Section 74(1) of the CGST Act, 2017 and MGST Act, 2017 read with Section 20 of the Integrated Goods and Services Tax Act, 2017. The company does not expect any material financial or operational impact and is evaluating the order and appropriate action, including filing an appeal if required.