The AGM provided a platform for insightful discussions and collective engagement. The meeting began at 10:30 AM<\/strong> with an opening address by Chairman<\/strong>\u00a0Mr. Sunil Kulkarni<\/strong>, who highlighted the company\u2019s achievements, challenges, and future prospects. The Board of Directors, including Managing Director Mrs. Prachi Kulkarni<\/strong>, Company Secretary and Chief Compliance Officer Mrs. Sneha Ratnaparkhi<\/strong>\u00a0and Independent Directors Mr. Girish Desai<\/strong>, Dr. Apurva Joshi<\/strong>\u00a0and Mr. Pradeep Dharane<\/strong>, attended the AGM. CFO Mr. Mandar Inamdar<\/strong>, along with the statutory auditor, internal auditor and scrutinizer, also participated in the AGM.<\/p>\n Fidel has experienced continuous growth over the past eight quarters.<\/p>\n In today\u2019s rapidly changing world, businesses have a crucial role to play, not only in economic development but also in fostering social and environmental progress. Throughout the year, Fidel has actively participated in various Corporate Social Responsibility (CSR) initiatives. One such program includes supporting the Ghotkulewadi school in Pune<\/a> with an all-in-one Digital Class solution and establishing a library named \u201cBook Mitra.\u201d<\/p>\n Fidel has seen significant AI-related engagements, particularly in the areas of multilingual prompt engineering, vetting multilingual AI output and creating specialized wrappers around AI engines. Some of the investments in these demos and proof-of-concepts (POCs) are expected to materialize into billable revenues this year.<\/p>\n Additionally, a cloud migration project, which commenced this year, will continue into the next year. Fidel has also increased its investment in hiring, building competencies and establishing sales teams focused on specific geographies and work areas.<\/p>\n Our Annual General Meeting (AGM) featured a thorough examination of our financial performance over the past fiscal year. The management team presented detailed reports on revenue growth, profitability, and key financial indicators, offering shareholders valuable insights into the company’s financial health and agility in a dynamic business landscape.<\/p>\n We extend our gratitude to all employees, shareholders and participants who contributed to the success of our AGM. Your presence and active involvement reaffirm your commitment to our company\u2019s growth and progress. As we move forward, Fidel remains dedicated to its vision of driving innovation and delivering exceptional value to its clients, employees, shareholders, and the broader community. Let us advance with determination, guided by our principles and fueled by our shared vision of a better future.<\/p>\n Fidel stands as a premier Cloud Enterprise Services<\/a>, Language Technology<\/a> (LangTech) and Localization<\/a> provider and is India\u2019s first LangTech SME to go public on NSE-Emerge. We empower global product companies to localize across 200+ languages<\/a>, spanning software, websites, apps, games and more. Our in-house experts ensure precision in Japanese and Asian languages. Our services include translation, transcription, AI-ML language data, and video localization, bridging linguistic gaps worldwide. Join us to reshape the future of Language Technology. Our IT services range from software development, Infor SyteLine to cloud support. For further inquiries or information, please get in touch with us at: sales@fidelsoftech.com<\/a><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” custom_margin=”||10px||false|false” locked=”off” global_colors_info=”{}”]<\/p>\n Ref. No \u2013 FN08241130<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Footer Section” _builder_version=”4.18.0″ background_color=”#f6f9fc” background_image=”https:\/\/www.fidelsoftech.com\/news-and-blogs\/wp-content\/uploads\/2022\/08\/pages-divider.png” background_size=”contain” background_position=”top_center” custom_padding=”40px||40px||false|false” locked=”off” global_colors_info=”{}”][et_pb_row column_structure=”2_5,3_5″ _builder_version=”4.18.0″ custom_padding=”40px|0px|10px|0px|false|false” global_colors_info=”{}”][et_pb_column type=”2_5″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_text_color=”#FFFFFF” text_font_size=”16px” header_3_text_color=”#FFFFFF” header_3_font_size=”30px” header_3_line_height=”1.4em” background_color=”#103e66″ custom_margin=”||0px||false|false” custom_padding=”40px||170px|15px|false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\nOperational Performance<\/h3>\n
![\"Fidels-AGM-2024\"](\"https:\/\/www.fidelsoftech.com\/news-and-blogs\/wp-content\/uploads\/2024\/08\/fidels-agm-2024-1.jpg\")
Hyderabad operations were initiated and stabilized in the last quarter and the team continues to grow. Additionally, an end-to-end turnkey implementation of the Infor Syteline ERP<\/a> project was initiated and is expected to be successfully completed by September 2024.<\/p>\nCSR Activity<\/h3>\n
Business Highlights<\/h3>\n
About Fidel<\/h2>\n
Visit www.fidelsoftech.com<\/a> to learn how Fidel can help your business take the next step.<\/p>\nMedia Contacts<\/h3>\n
Call us<\/h3>\n