AGM Schedule and Key Dates

The 47th Annual General Meeting will be held on Tuesday, 29th September 2026 at 12:30 PM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

Key dates include:

  • Relevant Record date/Cut-off date for AGM and Final Dividend: 22-09-2026
  • Book Closure date: 23-09-2026 to 29-09-2026
  • Remote E-Voting Start: 26 September 2026 at 10:00 AM IST
  • Remote E-Voting End: 28 September 2026 at 05:00 PM IST

Business Items

Ordinary Business

1. Item 1 - Adoption of Financial Statements: To adopt the Audited Standalone & Consolidated Financial Statements for FY ended 31st March 2026, including Balance Sheet, Profit and Loss Account, Cash Flow Statements, Notes, Schedules, Auditors' Report and Directors' Report.

2. Item 2 - Declaration of Dividend: To declare a final dividend of ₹0.70 per share (35%) on 66,987,560 equity shares of ₹2 each for FY 2025-26, payable out of company profits.

3. Item 3 - Re-appointment of Retiring Director: To re-appoint Mr. Sanjiv Sharma (DIN: 08478247) who retires by rotation under Section 152(6) of Companies Act, 2013.

Special Business

4. Item 4 - Re-appointment of Mr. Shobhit Uppal: To re-appoint Mr. Shobhit Uppal (DIN: 00305264) as Whole Time Director designated as Deputy Managing Director for 5 years from 1st April 2026 to 31st March 2031 with revised remuneration:

  • Basic Salary: ₹18,75,000 per month
  • Gratuity as per Gratuity Act
  • Contribution to provident fund and pension fund subject to specified ceilings
  • Reimbursement of business travel expenses
  • Minimum remuneration provision in case of no profits/inadequate profits

5. Item 5 - Re-appointment of Mr. Vikas Ahluwalia: To re-appoint Mr. Vikas Ahluwalia (DIN: 00305175) as Whole Time Director for 5 years from 1st April 2026 to 31st March 2031 with revised remuneration:

  • Basic Salary: ₹12,50,000 per month
  • Gratuity as per Gratuity Act
  • Contribution to provident fund and pension fund subject to specified ceilings
  • Reimbursement of business travel expenses
  • Minimum remuneration provision in case of no profits/inadequate profits

6. Item 6 - Ratification of Cost Auditors Remuneration: To ratify remuneration of ₹2,00,000 per annum plus applicable taxes and out-of-pocket expenses to M/s. N M & Co., Cost Accountants (Firm Registration Number: 000545) for conducting cost audit for FY 2026-27.

Dividend Payment Details

The dividend, if declared, will be paid:

  • To beneficial owners in dematerialized form as per data from NSDL and CDSL
  • To physical shareholders after giving effect to valid transfer/transmission requests
  • Within 30 days from AGM date subject to TDS deduction
  • Through ECS/NECS where bank details are registered, otherwise by dividend warrant

Unpaid Dividend Information

Unclaimed dividends for previous years with last claim dates:

  • 2018-19 (15%): Last claim date 30/10/2026
  • 2021-22 (15%): Last claim date 02/11/2029
  • 2022-23 (20%): Last claim date 02/11/2030
  • 2023-24 (25%): Last claim date 02/11/2031
  • 2024-25 (30%): Last claim date 02/11/2032

Unclaimed dividends beyond 7 years have been transferred to Investor Education and Protection Fund (IEPF).

Voting Arrangements

  • Remote e-voting through NSDL from 26-28 September 2026
  • E-voting during AGM for those who haven't voted remotely
  • Mr. Santosh Kumar Pradhan, Practising Company Secretary appointed as Scrutinizer
  • Physical attendance dispensed with due to virtual meeting
  • Institutional shareholders must submit board resolutions authorizing representatives

Shareholder Services Information

  • Registrar and Share Transfer Agent: MUFG Intime India Private Limited, New Delhi
  • Members encouraged to update email IDs, bank details, and PAN information
  • Physical shareholders required to complete KYC documentation including PAN, signature verification, nomination details
  • Physical share transfers frozen from April 1, 2019; all requests processed in demat form only

Document Availability

The notice and annual report are available on:

  • Company website: www.acilnet.com
  • BSE website: www.bseindia.com
  • NSE website: www.nseindia.com
  • NSDL website: www.evoting.nsdl.com

Director Information

Detailed disclosures provided for directors seeking appointment/re-appointment:

  • Mr. Shobhit Uppal: 59 years, B.Tech (Electrical), 32 years experience, holds 4,308,000 shares
  • Mr. Vikas Ahluwalia: 52 years, B.E. (Civil), 26 years experience, holds 33,500 shares
  • Mr. Sanjiv Sharma: 57 years, M.Tech (Civil), 33 years experience, holds no shares