28TH ANNUAL GENERAL MEETING HELD ON 16 TH NOVEMBER, 2025, SUNDAY AT

KSBA-BENGALURU

Dear Life Members of the Association,

Very good morning & warm welcome to all the members, the Sponsors, our Auditor & other
guests of the day.

It gives me immense pleasure to stand in front of you & read this report

Before I move on to reading my report further, I wish to appreciate & thank all the members
for their faith & confidence in AIT and its leadership during all the past tenures under
different leaderships. AIT couldn’t have stood so strong nearly for 3 decades, without your
support & encouragement.

Having said that, the members must continue to participate in all AIT events in bigger
attendance than this. Provided there is more encouragement from the members, there is
always scope for more deliverables from the Association

AIT Bengaluru, founded in 1997, has come a long way & has successfully completed 28 years
of its service to the fraternity, for whom the Association was started. As you are all aware,
the Association represents predominantly IT Hardware Companies i.e. Resellers, Dealers,
Regional Distributors, couple of national Distributors, Solution Providers, those who are into
AMCs, Services & Rentals, other solution providers in the areas of System Integration,
Enterprise Networking, Data Center solutions, Audio-Visual, Surveillance Security, IT
Infrastructure management solutions & BMS etc., We are proud to see that our members
are present in all industry verticals & few of them have PAN India presence too. The
Association’s strength is over 440 Life members as on date. We have members in our
Association who are over 35-38 years of existence in the Industry.

The core objective of the Association is to bring in value addition into members’ businesses
through frequent interactive meets with OEMs, giving members due exposure to newer
Products & Technologies, creating new opportunities through business collaborations with
the brand owners & National Distributors. Also AIT involves in resolving issues related to
Taxation that are common to our trade as and when they surface & bring in clarity on
Government statutory notifications. AIT also engages in promoting sports events, social,
cultural & other Networking meets, healthcare events etc.,

AIT had seen so far 14 Presidents & so 14 tenures of leaders, holding their offices & as you
are aware, each tenure’s span is 2 years. I am proud to say that all the Presidents so far,
since the inception of the Association in their respective tenures, backed by their team of
office bearers & Executive committee have done significant contributions to the Association.

There is lot that each of us could learn from the achievements & contributions by all the
past Presidents

Now during this AGM, I feel it is my responsibility to share with you this outgoing
team’s contributions to the Association in the past 2 years, as we conclude our term.

I sincerely hope that our team 2023-25 had done its best during our tenure & I
sincerely thank my entire team for their earnest cooperation & support. Also thanks
to those who had supported me externally for the successful conduct of several
events & the programs in the last 2 years….

Perhaps we have done something what we felt was best for the fraternity, but might
have not done a few things that the members wanted us to do. We seek
understanding from you for the same! We are still aware that there was ample scope
for taking up few more tasks.

Our Team could successfully accomplish the following during the last 2 years…

01. Publishing & release of 2 editions of Calendars, 2024 & 2025
02. Constituting a Panel & WA group for GST & IT related matters. Also we
started new WA group called AIT SOCIAL to enable posting of messages that
are non-business like & social in nature. Both the above communication
groups are running at their best.
03. Appointing the new Auditor & Chartered Accountant’s firm for auditing our
annual accounts
04. Conduct of 7 Fellowship Meets, all sponsored, was the best part of our
tenure
05. Conduct of 1 AGM during December, 2024
06. Conduct of 3 Health Events
07. Conduct of 2 useful Panel discussions
08. Having Expert Talk by 2 Speakers on 2 different subjects & occasions
09. Setting up Sponsored Stalls (07 Stalls) during 2 Fellowships
10. Conduct of AIT-CommScope Cricket Tournament
11. Conduct of Yakshagana during Dussehra fellowship in 2024
12. Organizing Trip to Bhutan for AIT families, a first of its kind, during
September-2025
13. Having senior officers from the GST cell (Policy & Law) for an interactive
session on the stage during our last fellowship meet in Aug-2025.
I would like to express our profound gratitude to all the sponsors, be it event
sponsors or stall sponsors or calendar sponsors and all sponsors during our
Cricket cup etc., for their unshakable & unconditional support.

I wish to highlight here in the interest of members that:
 Fetching more revenues or earning more money for the Association is not the motto.
Our goal should be reaching out to members with programs & events that benefit
members in the domains of Business, cultural, social, management skills, health
care, sports etc.

 Engage members with 1-2 Fellowship events in each quarter, that serve the purpose
of touching various subjects of debate, connecting OEMs to members through their
presentations & creating opportunity for networking meets & above all earning
sponsorship revenues adequate enough to run our office month after month
 The expenses to run our office have increased over time & without burdening the
members further, the leaderships must identify ways & means to identify & create
opportunities to earn modest sponsorships by way of events & programs
REVENUES EARNED IN 2 YEARS DURING OUR TENURE: Rs. 33,65,400/-
 We were aware of our monthly expenditure & had plan to raise funds accordingly
 We always balanced between revenues & expenditure
 We had not broken any Fixed Deposit Receipt/TDR in the Bank & rather we added a FD of
Rs.2.50L
 We are also leaving credit balances for immediate future of next committee
 We always looked for revenues from every opportunity & didn’t burden members any time for
additional funds

Thanks & Regards
Ananda Rao
President-AIT
2023-2025