NCC Limited has submitted its Integrated Annual Report for FY 2025-26 and notice for its 36th Annual General Meeting (AGM) in compliance with Regulation 34 of SEBI Listing Regulations. The AGM will be held on Thursday, August 27, 2026 at 3:00 PM (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

Key AGM Agenda Items

Ordinary Business:

  • To receive, consider and adopt audited standalone financial statements for FY ended March 31, 2026
  • To receive, consider and adopt audited consolidated financial statements for FY ended March 31, 2026
  • To declare a dividend of ₹2.20 per equity share for FY 2025-26 as recommended by the Board
  • To reappoint Sri A G K Raju (DIN:00019100) who retires by rotation
  • To reappoint Sri Utpal H Sheth (DIN:00081012) who retires by rotation

Special Business:

  • To ratify remuneration of ₹2,50,000 plus taxes to M/s. Vajralingam & Co. as Cost Auditors for FY 2025-26
  • To reappoint Sri A V N Raju (DIN:00018965) as Whole-time Director for 5 years effective May 30, 2026
  • To approve remuneration revision for Smt. Kausalya Bhupathi Raju from ₹1.06 lakh/month to ₹4.00 lakh/month as Director (Commercial)

Dividend Details

The Board has recommended a dividend of ₹2.20 per equity share for FY 2025-26. The Record Date for dividend payment is Friday, August 14, 2026. Dividend will be paid electronically directly to shareholders' bank accounts as per SEBI Master Circular dated February 6, 2026.

Voting Arrangements

Remote e-voting will commence at 9:00 AM on August 24, 2026 and end at 5:00 PM on August 26, 2026. The cut-off date for determining voting eligibility is Thursday, August 20, 2026. The AGM will be conducted virtually with capacity for 1,000 members on first-come-first-served basis, though large shareholders (2%+ holding), promoters, and institutional investors have guaranteed access.

Director Information

  • Sri A G K Raju (67 years): Promoter, Executive Director handling Finance, Materials Management, HR. Holds 35,81,569 shares (0.57%)
  • Sri Utpal H Sheth (55 years): Non-Executive Non-Independent Director, investment analyst. Holds 12,74,000 shares (0.2%)
  • Sri A V N Raju (64 years): Promoter, Whole-time Director heading Electrical & Irrigation Division. Holds 40,40,740 shares (0.64%)

Cost Audit Disclosure

For FY 2025-26, cost audit applies to operations in non-regulated sectors (roads and infrastructure development) with revenue of ₹2,309 crores (13% of total revenue of ₹17,463 crores). In FY 2024-25, this revenue was ₹1,906 crores (10% of total revenue of ₹19,205 crores).