Meeting Details

  • Date: Tuesday, September 29, 2026
  • Time: 2:30 P.M. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office of the Company at A-898, Tagore Nagar, Ludhiana Punjab-141001
  • Type: 24th Annual General Meeting

Proposed Resolutions and Implications

The AGM considered 22 resolutions covering ordinary and special business:

Ordinary Business

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, with Auditors' and Board Reports

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, with Auditors' Reports

3. Declaration of Final Dividend for Financial Year 2025-26

4. Re-appointment of Mr. Ramneek Sehgal (DIN: 01614465) who retires by rotation

Special Business

5. Re-Appointment of Mr. Vishal Anand (DIN: 02822659) as Non-Executive Independent Director for second term of 5 years

6. Re-Appointment of Mrs. Gurpreet Kaur (DIN: 09356854) as Non-Executive Independent Director for second term of 5 years

7. Appointment of Mr. Ankit Kumar Agarwal (DIN: 08135915) as Non-Executive Independent Director for first term of 5 years

8. Appointment of Mr. Ayyalusamy Saravanan (DIN: 02592825) as Director/Whole Time Director

9. Appointment of Dr. Pawan Kumar (DIN: 06863880) as Director/Whole Time Director

10. Ratification of remuneration payable to Cost Auditor for FY 2026-27

11. Advancing/granting loans, guarantees, or providing security under section 185 of Companies Act, 2013

12-22. Approval of Material Related Party Transactions between the Company and 12 subsidiary entities including Ceigall Ambala Chandigarh Zirakpur Limited, Ceigall Ayodhya Bypass Private Limited, Ceigall Green Energy MH1 Limited, Ceigall Indore Ujjain Greenfield Highway Limited, Ceigall Ludhiana Bhatinda Greenfield Highway Private Limited, Ceigall Morena Solar BESS Park Limited, Ceigall Northern Ayodhya Bypass Private Limited, Ceigall Sahebganj Bettiah Highway Limited, Ceigall Southern Ludhiana Bypass Private Limited, Ceigall VRK-11 Private Limited, Ceigall VRK-12 Private Limited, and Velgaon Power Transmission Limited

Voting Process and Methods

The Company provided remote e-voting facility through Central Depository Services (India) Limited (CDSL):

  • Remote e-voting period: Friday, September 25, 2026, at 9:00 A.M. (IST) to Monday, September 28, 2026, at 5:00 P.M. (IST)
  • E-voting during meeting: Facility available for shareholders who had not cast votes remotely, open for 15 minutes after conclusion of meeting
  • Scrutinizer: Mr. P.S Dua from M/s P. S. Dua & Associates appointed as Scrutinizer

Key Meeting Proceedings

  • Attendance: 68 shareholders attended through VC/OAVM
  • Quorum: Requisite quorum was present
  • Chairperson: Mr. Ramneek Sehgal, Chairman cum Managing Director, chaired the meeting
  • Duration: Meeting convened at 2:30 P.M. and concluded at 3:28 P.M.
  • Question & Answer: Shareholders raised queries during the meeting, addressed by Mr. Ramneek Sehgal and Mr. A. Saravanan, Whole-Time Director & CEO

Compliance and Disclosure

  • The meeting was conducted in compliance with MCA and SEBI circulars, Companies Act 2013, Secretarial Standards, and SEBI Listing Regulations
  • Annual Report, notice of AGM, Audited Financial Statements, and Board's and Auditor's Reports were circulated to shareholders and taken as read
  • No qualifications in Auditors' Report on Financial Statements or Secretarial Auditor's report
  • Results of remote e-Voting and e-Voting during AGM will be submitted to stock exchanges within 2 working days in format prescribed under Regulation 44 of SEBI Listing Regulations
  • Results will be made available on company website (www.ceigall.com) and CDSL website (www.evotingindia.com), and displayed on Notice Board at Company's Registered and Corporate Office

Financial and Business Highlights from Chairman's Speech

  • FY26 Consolidated Performance: Revenue from operations increased 17.0% YoY to ₹4,022 crore, EBITDA stood at ₹585 crore (14.6% margin), Profit After Tax increased to ₹309 crore
  • Order Book: ₹18,554 crore as of March 31, 2026, strengthened to approximately ₹23,000 crore as of meeting date
  • Q4 FY26 Order Inflows: Approximately ₹6,014 crore from roads and renewable energy sectors
  • Recent Projects: Received Letters of Acceptance for six Frontier Highway projects in Arunachal Pradesh with aggregate bid cost of approximately ₹3,100 crore; secured 765/400 KV, 300 km double-circuit transmission line project in Gujarat and Maharashtra
  • Diversification: Expanding into renewable energy, transmission and distribution, metro and industrial infrastructure
  • Geographic Presence: Operations span 13 major states with international presence through Singapore and Dubai subsidiaries
  • Asset Monetization: Divestment of Malout–Abohar Sadhuwali HAM asset concluded on June 16, 2026

Signatories and Roles

  • Megha Kainth, Company Secretary (Membership No.: F7639) signed and submitted the disclosure
  • Mr. Ramneek Sehgal, Chairman cum Managing Director, delivered speech and chaired the meeting
  • Mr. P.S Dua from M/s P. S. Dua & Associates served as Scrutinizer for the voting process