Meeting Details

  • Date: Wednesday, September 23, 2026
  • Time: 03:30 p.m. (IST)
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type: 36th Annual General Meeting
  • Deemed Venue: Registered Office of the Company at B-292, Chandra Kanta Complex, Shop No. 2 & 3, Near Metro Pillar No. 161, New Ashok Nagar, New Delhi, India – 110096

The meeting is being held through VC/OAVM in compliance with MCA Circulars No. 14/2020, 17/2020, 20/2020, 2/2021, 19/2021, 21/2021, 03/2022, 10/2022, 11/2022, 09/2023, 09/2024, and 03/2025.

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Financial Statements

  • To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
  • Includes Balance Sheets, Statements of Profit and Loss, Cash Flow Statements with Notes and Schedules
  • Prepared in accordance with Indian Accounting Standards
  • Ordinary Resolution required

2. Re-appointment of Director

  • Re-appointment of Mr. Arun Kumar Jha (DIN: 07458418) as Managing Director and CEO
  • Retires by rotation and offers himself for re-appointment
  • Recommended by Nomination and Remuneration Committee and Board
  • Ordinary Resolution required

3. Appointment of Statutory Auditors

  • Appointment of M/s. SKPAG & Co., Chartered Accountants (Firm Registration No. 128940W)
  • Term: 5 consecutive years from conclusion of 36th AGM to conclusion of 41st AGM
  • Remuneration: ₹5,00,000 per annum including tax audit, reimbursement of out-of-pocket expenses and applicable taxes
  • Ordinary Resolution required

Special Business

4. Appointment of Secretarial Auditors

  • Appointment of M/s Lal Ghai & Associates, Practicing Company Secretaries (Firm Peer Review No. 6339/2024)
  • Term: 5 consecutive years from FY 2026-27 to FY 2030-31
  • Remuneration: ₹50,000 per annum plus applicable taxes and reimbursement of reasonable out-of-pocket expenses
  • Ordinary Resolution required

5. Appointment of Whole-Time Director

  • Appointment of Mr. Sibanarayan Nayak (DIN: 01832348) as Whole-Time Director
  • Term: 5 years commencing from February 11, 2026
  • Remuneration: ₹12,20,133 per month with increments, benefits, perquisites, and allowances
  • Recommended by Nomination and Remuneration Committee and Board
  • Ordinary Resolution required

Voting Process and Methods

Remote E-Voting

  • Service Provider: Central Depository Services (India) Limited (CDSL)
  • Voting Period: Sunday, September 20, 2026 (9:00 AM) to Tuesday, September 22, 2026 (5:00 PM)
  • Cut-off Date: Wednesday, September 16, 2026 for determining voting rights
  • Voting Rights: Proportional to shareholding in paid-up equity share capital as on cut-off date

E-Voting During AGM

  • Available only to members present through VC/OAVM who have not voted remotely
  • Members who voted remotely can attend but cannot vote again

Voting Methods

1. Individual Shareholders (Demat): Through CDSL's Easi/Easiest or NSDL's IDeAS facilities

2. Physical Shareholders & Non-Individual Shareholders: Through CDSL e-voting website using Folio Number

3. Non-Individual Shareholders and Custodians: Required to register under "Corporates" module and upload Board Resolution/Power of Attorney

Scrutinizer Appointment

  • Scrutinizer: Mr. Sudhanshu Singhal, Practicing Company Secretary, M/s Sudhanshu Singhal & Associates (Membership No. FCS 7819)
  • Role: Scrutinize remote e-voting process and e-voting during AGM
  • Report: To submit consolidated Scrutinizer's Report to Chairman after conclusion of e-voting

Results Declaration

  • Results to be declared within prescribed period under Companies Act and SEBI Listing Regulations
  • Declared results and Scrutinizer's Report to be placed on company website (www.eragroup.in) and CDSL website
  • Submitted to Stock Exchanges as per SEBI Listing Regulations

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013 and rules made thereunder
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard-2 on General Meetings
  • Various MCA circulars regarding virtual meetings
  • SEBI circulars regarding e-voting and KYC requirements

Shareholder Participation

  • Members can join AGM 15 minutes before to 15 minutes after scheduled time
  • Facility available to 1,000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
  • Members can register as speakers by email to revival@eragroup.in by September 11, 2026
  • Quorum requirements under Section 103 of Companies Act apply to members attending through VC/OAVM

Document Availability

  • Notice and Annual Report available on company website (www.eragroup.in), stock exchange websites, and CDSL website
  • Physical copies available on request to revival@eragroup.in
  • Register of Directors, KMP shareholding, and interested contracts available for electronic inspection during AGM

Additional Financial Information

  • Company incurred loss as computed under Section 198 of Companies Act, 2013 based on FY 2025 audited financial statements
  • Effective Capital: ₹2,91,889.21 lakhs (exceeding ₹250 crore)
  • Maximum permissible yearly remuneration:
  • Managerial Person: ₹146.67 lakhs per annum
  • Other Director (Non-Executive): ₹50.67 lakhs per annum

Director Information

Mr. Arun Kumar Jha (DIN: 07458418)

  • Date of Birth: May 31, 1965 (Age: 61)
  • First Appointment: October 27, 2025
  • Qualifications: B.Tech (Civil) from MNIT Jaipur, M.Tech (Transportation) from Nagpur University
  • Experience: 35 years in EPC and Toll Operations in road sector
  • Previous Companies: L&T IDPL, IJM, Ashoka Buildcon
  • Equity Holding: None
  • Board Meetings Attended: 3 out of 4
  • Last Remuneration: ₹52.90 lakh

Mr. Sibanarayan Nayak (DIN: 01832348)

  • Date of Birth: June 22, 1963 (Age: 63)
  • First Appointment: February 11, 2026
  • Qualifications: B.Com (Hons) from Sambalpur University, CMA, CS
  • Experience: Infrastructure and corporate finance professional with expertise in PPP projects
  • Equity Holding: None
  • Last Remuneration: ₹20.05 lakh