Logiciel Solutions Ltd

Logiciel Solutions Ltd has announced that its 15th Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 10:00 AM. The meeting will take place physically at Malhotra Regency, First Floor, Jalandhar Bypass, Ludhiana. The company has also enclosed its Annual Report for the Financial Year 2025-2026 along with the Notice of the AGM, both of which are available on the company's website. The report details the company's performance, challenges faced due to AI and funding conditions, and strategic decisions made, including cost reductions and selective hiring. It also outlines recent developments such as appointing a VP of Sales, opening a healthcare practice, establishing an R&D team, and incorporating a US subsidiary.

Logiciel Solutions Ltd has announced the schedule for its 15th Annual General Meeting (AGM), set to take place physically on Friday, September 25, 2026, at 10:00 A.M. in Ludhiana, Punjab. The company has also made its Annual Report for the Financial Year 2025-2026 available on its website, along with the Notice of the AGM, in compliance with SEBI regulations. The Managing Director's message highlights a challenging second half of FY26 due to AI advancements and tightened funding, leading to revenue being level with the previous year and a fall in profitability. The company reduced its cost base, including a reduction in workforce, and slowed down specialized hiring. Post-financial year, Logiciel has focused on growth initiatives, including appointing a VP of Sales, opening a healthcare practice, establishing an R&D team, and incorporating a US subsidiary.

Logiciel Solutions Limited has announced that its 15th Annual General Meeting (AGM) will be held physically on Friday, September 25, 2026, at 10:00 AM IST. The meeting will take place at Malhotra Regency, Ludhiana, Punjab. The company has also informed that the Register of Members and Share Transfer Books will be closed from September 19, 2026, to September 25, 2026, inclusive, for the purpose of the AGM and the financial year 2025-26. The cut-off date for e-voting has been set for September 18, 2026.

Logiciel Solutions Ltd has submitted a clarification to the BSE regarding a delay in disclosing appointments of Senior Management Personnel (SMP). The company states the delay was inadvertent and unintentional. The disclosure pertains to board meeting held on July 14, 2026, which approved investment in Logiciel Solutions Inc., USA, and noted appointments of Mr. Anshul Sharma (VP-Sales) and Mr. Ram Prakash Varanasi (Practice Head-Healthcare). The company has strengthened internal compliance measures to prevent future recurrences and will upload the disclosure on its website.

Logiciel Solutions Ltd announced that its Board of Directors has approved an investment of USD 10,000 to acquire 100% of Logiciel Solutions Inc., USA, making it a wholly-owned subsidiary. This strategic move aims to strengthen the company's presence in the North American market and support its IT Services and IT Staffing business. The newly incorporated US entity is yet to commence commercial operations. The board also noted the appointment of Mr. Anshul Sharma as Vice President — Sales and Mr. Ram Prakash Varanasi as Practice Head — Healthcare, and the establishment of an AI Research & Development Practice. The acquisition is being made on an arm's length basis and is expected to be completed upon remittance of funds and share allotment.

Logiciel Solutions Limited has received a resignation letter from its statutory auditors, M/s Raman Chawla & Associates, Chartered Accountants. The auditors cited increasing professional commitments and personal obligations as the reasons for their inability to continue. The company stated there are no concerns raised by the auditor regarding management or material reasons for resignation. The Audit Committee and Board will note the resignation in upcoming meetings and appoint new auditors to fill the casual vacancy. The company will update its website with this information.

Logiciel Solutions Ltd reports no deviation or variation in the utilisation of IPO proceeds for the quarter ended March 31, 2026. The company confirms that the entire proceeds raised (₹39.9 Crores) have been utilised for the original objects as stated in the offer document. An audit committee reviewed NIL Statement of Deviation is provided in Annexure A. The issue expenses were apportioned between the Company and the selling shareholders in the ratio of 41:9.

Logiciel Solutions Ltd. announced audited financial results for the year ended March 31, 2026. Key highlights include revenue from operations of ₹2,090.55 lakhs and a loss for the period of ₹120.52 lakhs. The board meeting, which commenced on May 29, 2026, approved the financial statements and auditor's report with an unmodified opinion from Raman Chawla & Associates. The results are available on the company's website.

Logiciel Solutions Ltd informed BSE that the Board of Directors meeting, originally scheduled for May 29, 2026, was adjourned due to technical difficulties with the Digital Signature Certificate (DSC) of the Managing Director. The meeting has been reconvened on May 30, 2026, at 11:30 A.M. (IST) to consider and approve the Audited Financial Results for the half year and financial year ended March 31, 2026. The notice is available on the company's website.

Logiciel Solutions Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results for the half year and financial year ended March 31, 2026. The meeting will also address the audited financial statements for the same period and the Statement of Deviation or Variation (Regulation 32 of SEBI LODR). The trading window remains closed until 48 hours after the declaration of the results, i.e., May 31, 2026.