Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Generic Engineering Construction and Projects Limited

Meeting Details

  • Date: Monday, 30th November, 2026
  • Time: 11:00 A.M.
  • Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at 201 & 202, Fitwell House, 2nd Floor, Opp. Home Town, LBS Road, Vikhroli (West), Mumbai – 400083, Maharashtra, India
  • Type: 32nd Annual General Meeting

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Financial Statements: To consider and adopt:

  • Audited financial statement for FY ended March 31, 2026 and reports of Board of Directors and Auditors
  • Audited consolidated financial statement for FY ended March 31, 2026 and report of Auditors
  • Both items to be passed as Ordinary Resolutions

2. Appointment of Director: To appoint Mrs. Shital Laxmikant Lokhande (DIN 11163063), who retires by rotation, as a Whole Time Director through an Ordinary Resolution

Special Business

3. Ratification of Cost Auditor Remuneration: To ratify remuneration payable to M/s. Ashish Deshmukh & Associates, Cost Auditors for FY 2026-27 amounting to ₹1,25,000 plus applicable taxes and reimbursement of out-of-pocket expenses

4. Approval of Material Related Party Transactions: To approve Material Related Party Transactions with seven related parties with estimated aggregate value up to ₹680 crore:

  • Heben Chartered Resources Private Limited: Up to ₹60 crore
  • Triveni Lifestyle Developers LLP: Up to ₹60 crore
  • Triveni Uplife Realtors LLP: Up to ₹60 crore
  • Bootes Generic Projects LLP: Up to ₹100 crore
  • Trescon Limited: Up to ₹150 crore
  • D Ravilal Resource Management Private Limited: Up to ₹150 crore
  • Generic Bootes Construction LLP: Up to ₹150 crore

Voting Process and Methods

  • Remote e-Voting: Available through NSDL from November 27, 2026 (9:00 AM) to November 29, 2026 (5:00 PM)
  • E-voting during AGM: Available for members who join the meeting through VC/OAVM and haven't voted remotely
  • Cut-off Date: November 23, 2026 for determining voting rights
  • Voting Rights: Based on paid-up value of shares registered as on cut-off date
  • Scrutinizer: Yatin Sangani & Associates, Practicing Company Secretaries appointed to scrutinize the voting process

Key Voting Information

  • Voting Results: Will be determined based on votes cast in favor exceeding votes against for ordinary resolutions
  • Result Declaration: Scrutinizer to submit report within two working days of meeting conclusion
  • Result Publication: Results to be placed on websites of BSE, NSE, NSDL, and company's registered office notice board
  • Related Party Voting Restrictions: No related party of the Company shall vote to approve the RPT resolutions

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard 2 issued by ICSI
  • MCA Circulars dated April 08, 2020, April 13, 2020, May 05, 2020, September 25, 2023, and September 19, 2024
  • SEBI Circulars dated May 12, 2020 and October 3, 2024

Additional Information

  • Annual Report Availability: Sent only in electronic mode to members with registered email addresses
  • Physical Copy Request: Members can request physical copies by email to cs@gecpl.com
  • Meeting Capacity: VC/OAVM facility available for 2,000 members on first-come-first-served basis
  • Document Inspection: All referred documents available for electronic inspection from notice date until AGM date
  • Dividend Information: Unclaimed dividends transferred to IEPF after seven years as per Section 124 of Companies Act

Director Details for Reappointment

Mrs. Shital Laxmikant Lokhande

  • DIN: 11163063
  • Designation: Whole-Time Director/CFO
  • Age: 41 Years
  • Qualification: B.Com & MBA (IIM)
  • Experience: Expertise in Taxation, Finance, and Accounting
  • Last Remuneration: ₹21.02 lakhs in FY 2025-26
  • Date of First Appointment: April 1, 2026
  • Shareholding: 0 shares
  • Committee Memberships: NIL

Related Party Transaction Details

The explanatory statement provides extensive information on seven related parties including their financial performance, nature of business, relationship with the company, transaction history, and justification for proposed transactions. All transactions are stated to be at arm's length and in ordinary course of business, approved by the Audit Committee consisting of majority independent directors.