Key Dates and Logistics

  • AGM Date: Friday, September 25, 2026
  • AGM Time: 12:30 PM IST
  • AGM Mode: Video Conferencing/Other Audio Visual Means using InstaMeet Platform
  • Cut-off Date for E-voting: Friday, September 18, 2026
  • Remote E-voting Period: Commences Tuesday, September 22, 2026 at 9:00 AM and ends Thursday, September 24, 2026 at 5:00 PM
  • Register of Members Closure: Saturday, September 19, 2026 to Friday, September 25, 2026 (both days inclusive)
  • AGM Venue: Registered office deemed as venue (S. No. 861, Ashoka House, Ashoka Marg, Vadala, Nashik – 422 011, Maharashtra)

Ordinary Business Agenda Items

Item 1: Adoption of Audited Standalone Financial Statements

  • To receive, consider and adopt Audited Standalone Financial Statements for financial year ended March 31, 2026
  • Includes reports of Board of Directors and Auditors
  • Proposed as Ordinary Resolution

Item 2: Adoption of Audited Consolidated Financial Statements

  • To consider and adopt Audited Consolidated Financial Statements for financial year ended March 31, 2026
  • Includes report of the Auditors
  • Proposed as Ordinary Resolution

Item 3: Re-appointment of Mr. Sanjay Londhe

  • Mr. Sanjay Londhe (DIN: 00112604) retires by rotation as director
  • Being eligible, offers himself for re-appointment
  • Proposed as Ordinary Resolution

Item 4: Re-appointment of Mr. Ashish Kataria

  • Mr. Ashish Kataria (DIN: 00580763) retires by rotation as director
  • Being eligible, offers himself for re-appointment
  • Proposed as Ordinary Resolution

Special Business Agenda Items

Item 5: Ratification of Cost Auditor Remuneration

  • Ratification of remuneration payable to M/s. S. R. Bhargave & Co., Cost Auditors
  • For financial year ending March 31, 2027
  • Remuneration: ₹5,40,000/- (Rupees Five Lakh Forty Thousand only) plus applicable taxes and out-of-pocket expenses at actuals
  • Firm Registration No.: 000218
  • Turnover subject to Cost Audit: ₹3,763.24 Crore in Road and RMC Projects segments
  • Proposed as Ordinary Resolution

Item 6: Re-designation of Mr. Sanjay Londhe as Joint Managing Director

  • Re-designation from Whole-time Director to Joint Managing Director
  • Effective from August 11, 2026
  • Terms and conditions including remuneration remain unchanged from previous approval dated June 26, 2025
  • Term continues until March 31, 2028
  • Proposed as Special Resolution

Background on Mr. Sanjay Londhe:

  • Civil Engineering graduate with Fellow Institute of Engineering (FIE)
  • Joined Ashoka in 1989, 41 years of experience (37 years with Ashoka)
  • Currently leads project execution functions
  • Led execution of over 16,000 lane KMs of highways including landmark projects
  • FY2025-26 Remuneration: ₹4.56 crores (Fixed Pay: ₹4.04 crores, Variable Pay: ₹0.52 crores)
  • Shareholding: 418,651 shares (0.15%)
  • Holds directorships in 6 other companies

Item 7: Re-designation of Mr. Ashish Kataria as Joint Managing Director

  • Re-designation from Whole-time Director to Joint Managing Director
  • Effective from August 11, 2026
  • Terms and conditions including remuneration remain unchanged from previous approval dated June 26, 2022
  • Term continues until March 31, 2027
  • Proposed as Special Resolution

Background on Mr. Ashish Kataria:

  • Promoter and Director, joined company in 2003
  • Civil Engineering graduate with Master's in Construction Management and MBA
  • FY2025-26 Remuneration: ₹2.36 crores (Fixed Pay: ₹1.84 crores, Variable Pay: ₹0.52 crores)
  • Shareholding: 13,688,598 shares (4.88%)
  • Related to Mr. Ashok Katariya (Chairman, father)
  • Holds directorships in 8 other companies
  • Member of Audit Committee of the Company

Voting Arrangements

  • E-voting Service Provider: MUFG Intime India Private Limited
  • Scrutinizer: Mr. Sachin Sharma (Membership No. A46900) or Mr. K. R. Vishwanath (Membership No. A14521) of M/s. Sharma and Trivedi LLP
  • Voting Rights: Proportional to shares held as of cut-off date (September 18, 2026)
  • Physical Attendance: Dispensed with due to virtual meeting
  • Proxy Facility: Not available for virtual AGM

Document Availability

  • AGM Notice available at: https://www.ashokabuildcon.com/files/investors/financial-info/ABLAGMNoticeFY25-26.pdf
  • Annual Report FY2025-26 sent electronically to members with registered email addresses
  • Physical copies available on request to investors@ashokabuildcon.com

Additional Information

  • Company CIN: L45200MH1993PLC071970
  • Company Secretary: Mr. Manoj A. Kulkarni (ICSI M. No. FCS – 7377)
  • Chairman: Mr. Ashok Katariya (DIN: 00112240)