Gayatri Projects 37th AGM Approves Related Party Transactions

Meeting Details

• Date: Monday, 28th September 2026
• Time: Commenced at 3:15 PM and concluded at 4:10 PM
• Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
• Deemed Venue: Registered Office of the company
• Meeting Type: 37th Annual General Meeting

Attendees

Directors Present:

• Mr. T.V.Sandeep Kumar Reddy, Chairman & Managing Director (Chair)
• Mrs. T.Sarita Reddy, Executive Director
• Mr. P.V.Narayana Rao, Independent Director
• Mr. C.V.Rayudu, Independent Director
• Mr. Srinivas Iduri, Independent Director
• Ms. Pamula Latha, Woman Independent Director

Other Officials Present:

• Mr. Seshagiri Rao, Chief Financial Officer
• Mr. Shashank Jain, Company Secretary & Compliance Officer
• Representative of Statutory Auditors
• Mrs. N.Madhavi, Scrutinizer for e-voting

Proposed Resolutions

The following seven ordinary resolutions were proposed for shareholder approval:

1. Item No. 1: Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon

2. Item No. 2: Re-appointment of Mrs. T.Sarita Reddy (DIN: 00017122) as Director, who retires by rotation

3. Item No. 3: Ratification of remuneration of M/s. N.S.V.Krishna Rao & Co., Cost Accountants appointed as Cost Auditors of the Company for the financial year 2026-27

4. Item No. 4: Approval for Material Related Party Transaction for availing an unsecured loan from Gayatri Highways Limited

5. Item No. 5: Approval for Material Related Party Transaction for sale of investment

6. Item No. 6: Approval of Material Related Party Transactions entered with Joint Ventures

7. Item No. 7: Approval of Material Related Party Transactions to be entered with Joint Ventures

Voting Process and Methods

The company enabled Members to participate and vote through e-voting on all items considered at the AGM. Since there was no physical attendance of Members, the requirement of appointing proxies was not applicable. The e-voting process remained open for 15 minutes after the conclusion of the meeting to enable Members who had not voted in remote e-voting to cast their votes.

Scrutinizer's Role and Findings

Mrs. N.Madhavi was appointed as Scrutinizer for the e-voting process. She was required to submit her consolidated report on remote e-voting and e-voting during the meeting within 2 days of the AGM. The results were to be intimated to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and uploaded on the Company's website (www.gayatri.co.in) and the KFin Technologies Limited website (www.evoting.kfintech.com).

Additional Proceedings

The Chairman addressed members about the company's operations, post-CIRP scenario, and future growth. Members were given an opportunity to ask questions and seek clarifications, which were responded to by the Chairman and Board members. The Notice dated 3rd September 2026 convening the AGM and the Auditors' Report on the financial statements for FY 2025-26 were taken as read with the consent of members.

Compliance Statement

The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).