Ganesh Housing 35th AGM Notice with ₹2.9B RPTs

Meeting Details

The 35th Annual General Meeting will be held on Friday, September 11, 2026 at 3:00 PM IST through Video Conferencing/Other Audio Visual Means in compliance with MCA and SEBI circulars. The deemed venue is the Registered Office at Ganesh Corporate House, 100 Feet Hebatpur-Thaltej Road, Nr. Sola Bridge, Off. S. G. Highway, Ahmedabad–380 054.

Ordinary Business Items

1. Financial Statements Adoption

To consider and adopt Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors
To consider and adopt Audited Consolidated Financial Statements for FY ended March 31, 2026 with Report of Auditors

2. Dividend Declaration

To declare dividend of ₹1.50 per equity share of face value ₹10 each for FY ended March 31, 2026
Record date fixed as Monday, August 31, 2026
Dividend payment to be made on or before Saturday, October 10, 2026
Dividend will be subject to TDS deduction as per Income-tax Act, 2025

3-5. Director Re-appointments

To appoint Director in place of Mr. Dipakkumar G. Patel (DIN: 00004766) who retires by rotation
To appoint Director in place of Mr. Anmol D. Patel (DIN: 08068767) who retires by rotation
To appoint Director in place of Mr. Amanvir S. Patel (DIN: 08752273) who retires by rotation
All three directors are eligible and offer themselves for re-appointment

Special Business Items

6. Cost Auditor Remuneration Ratification

To ratify remuneration of M/s. J. B. Mistri & Co., Cost Accountants, Ahmedabad (Firm Registration No. 101067)
Remuneration amount: ₹70,000 plus GST for conducting cost audit for FY 2026-2027
Appointment approved by Board on recommendation of Audit Committee on May 29, 2026

7-17. Material Related Party Transactions

Shareholder approval sought for material RPTs with aggregate value up to ₹2,900 crore for FY 2026-2027:

Transaction Details:

With Corporate Entities:

Madhukamal Real Estate Investment Private Limited: Up to ₹1,600 crore for sale/purchase/lease of immovable properties, business advances, inter-corporate advances, reimbursement of expenses, business support services
Mahavir (Thaltej) Complex Private Limited: Up to ₹200 crore for similar transactions as above
Ganesh Green Energy Private Limited: Up to ₹200 crore for similar transactions as above
Rohini Realty Private Limited: Up to ₹200 crore for similar transactions as above
Urbanaac Infrastructure Private Limited: Up to ₹200 crore for purchase of goods/materials, availing services, transfer of resources, reimbursement of expenses

With Individual Promoters/Directors:

Mr. Shekhar Govindbhai Patel (Promoter & MD & CEO): Up to ₹200 crore for purchase of immovable properties, reimbursement of expenses
Mr. Dipakkumar Govindbhai Patel (Promoter & Chairman & WTD): Up to ₹200 crore for purchase of immovable properties, reimbursement of expenses
Mr. Anmol Dipakkumar Patel (Non-Executive Director): Up to ₹200 crore for purchase of immovable properties, reimbursement of expenses
Mr. Amanvir Shekhar Patel (Non-Executive Director): Up to ₹200 crore for purchase of immovable properties, reimbursement of expenses

With Foundations:

Govindbhai C Patel Foundation: Up to ₹50 crore for grants/donation/aid/CSR activities/transfer of resources/business advances
Mahamati Skill and Education Foundation: Up to ₹50 crore for grants/donation/aid/transfer of resources/business advances/lease

Key Conditions for RPTs:

All transactions to be at arm's length basis
In ordinary course of business of both parties
Aggregate value thresholds based on 10% of company's annual consolidated turnover (₹316.23 crore for FY 2025-26)
Board authorized to finalize terms, execute documents, and seek regulatory approvals

Voting Arrangements

Remote e-voting period: September 8, 2026 (9:00 AM) to September 10, 2026 (5:00 PM) through CDSL
Cut-off date for voting eligibility: August 31, 2026
Scrutinizer: Mr. Jatin Parikh, Partner of M/s J.M. Parikh & Associates, Practicing Chartered Accountants
Physical proxy voting not available due to virtual meeting format

Dividend Payment Details

Record Date: August 31, 2026
Payment Date: On or before October 10, 2026
Payment only through electronic mode as per SEBI requirements
Unclaimed dividends for 7+ years will be transferred to IEPF

Document Availability

Notice available on company website: www.ganeshhousing.com
Available on stock exchange websites: NSE (www.nseindia.com) and BSE (www.bseindia.com)
Available on CDSL e-voting website: www.evotingindia.com
Sent electronically to members with registered email addresses