PSP Projects 18th AGM Approves 14 Resolutions

Meeting Details

Date: June 27, 2026
Time: 11:00 A.M. to 11:23 A.M.
Location: Conducted through Video Conferencing (VC)/Other Audio Video Means (OAVM) facility
Type of Meeting: 18th Annual General Meeting

Attendees

The meeting was attended by the following individuals:

Directors:

Mr. Prahaladbhai Patel (Chairman & Managing Director, Chairman of Risk Management Committee and Corporate Social Responsibility Committee)
Mr. Sagar Patel (Executive Director)
Mr. Kattunga Srinivasa Rao (Non-Executive Non-Independent Director)
Mrs. Achala Patel (Independent Director, Chairperson of Nomination and Remuneration Committee)
Mr. Girishkumar Singal (Independent Director, Chairman of Audit Committee and Stakeholders' Relationship Committee)

Key Managerial Personnel:

Ms. Pooja Patel (Chief Executive Officer)
Mrs. Hetal Patel (Chief Financial Officer)
Ms. Pooja Dhruve (Company Secretary)

Auditors and Representatives:

Mr. Dipam Patel (Partner Representative - M/s. Kantilal Patel & Co., Joint Statutory Auditor)
Mr. Sandip Parikh (Partner Representative - M/s. G. K. Choksi & Co., Joint Statutory Auditor)
Mr. Rajendra Mulani (Partner Representative - M/s. G. K. Choksi & Co., Joint Statutory Auditor)
Ms. Koushalya Melwani (Joint Statutory Auditor, Proprietor - M/s. KVM & Co., Cost Auditor)
Mr. Raimeen Maradiya (Partner - M/s. Chirag Shah & Associates, Secretarial Auditor and Scrutinizer of AGM)
Mr. Chirag Shah (Partner - M/s. Chirag Shah & Associates, Secretarial Auditor and Scrutinizer of AGM)
Mr. Jignesh Shah (Representative - M/s. Manubhai & Shah LLP, Internal Auditor)

Summary of Proposed Resolutions

The meeting considered and approved fourteen resolutions:

Ordinary Businesses:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 (Ordinary Resolution)

3. Re-appointment of Mr. Sagar Prahladbhai Patel (DIN: 07168126) as Director retiring by rotation (Ordinary Resolution)

Special Businesses:

4. Appointment of M/s. G. K. Choksi & Co., Chartered Accountants, Ahmedabad (Firm Registration No. 101895W) as Joint Statutory Auditors for a first term of five consecutive years (Ordinary Resolution)

5. Ratification of payment of remuneration to Cost Auditor for FY ending March 31, 2027 (Ordinary Resolution)

6. Approval for increase in remuneration of Related Party, Ms. Pooja Patel, CEO of the Company (Ordinary Resolution)

7. Approval of material related party transaction with Adani Estate Management Private Limited for FY 2026-27 (Ordinary Resolution)

8. Approval of material related party transaction with ACC Limited for FY 2026-27 (Ordinary Resolution)

9. Approval of material related party transaction with Adani Infra (India) Limited for FY 2026-27 (Ordinary Resolution)

10. Approval of material related party transaction with Adani Medicity and Research Centre for FY 2026-27 (Ordinary Resolution)

11. Approval of material related party transaction with Adani Power Limited for FY 2026-27 (Ordinary Resolution)

12. Approval of material related party transaction with Ahmedabad International Airport Limited for FY 2026-27 (Ordinary Resolution)

13. Approval of material related party transaction with Navbharat Mega Developers Private Limited for FY 2026-27 (Ordinary Resolution)

14. Approval of material related party transaction between Wholly Owned Subsidiary PSP Projects & Proactive Constructions Private Limited with Adani Airport Holdings Limited for FY 2026-27 (Ordinary Resolution)

Voting Process and Methods

The e-voting process was conducted as follows:

E-voting period: Commenced on June 24, 2026 at 9:00 A.M. and ended on June 26, 2026 at 5:00 P.M.
Platform: NSDL platform
Post-meeting voting: NSDL platform remained open for 15 minutes after conclusion of the meeting
Scrutinizer appointment: Mr. Chirag Shah and failing him Mr. Raimeen Maradiya, Practising Company Secretaries, Partners of M/s. Chirag Shah & Associates were appointed as Scrutinizers to supervise remote e-voting and e-voting during the AGM
Result declaration: Consolidated results of e-voting to be declared within two working days from conclusion of the meeting
Result publication: Results to be placed on company website (www.pspprojects.com), BSE Limited (www.bseindia.com), National Stock Exchange of India Limited (www.nseindia.com), and National Securities Depository Limited (www.evoting@nsdl.com)

Meeting Proceedings

The meeting was chaired by Mr. Prahaladbhai S. Patel, Chairman & Managing Director. The Company Secretary provided general instructions regarding participation and e-voting, confirming compliance with MCA and SEBI circulars. The Chairman addressed members on company performance during FY 2025-26, recent developments, and future prospects. The Auditors' Reports on Standalone and Consolidated Financial Statements were noted to contain no qualifications, reservations, adverse remarks, or disclaimers affecting company functioning. All fourteen resolutions were approved with requisite majority through e-voting.

Participation Statistics

Total members attended: 40 (Forty) members through Video Conferencing
Meeting duration: 11:00 A.M. to 11:23 A.M. (23 minutes)

Compliance and Documentation

Statutory Registers and other documents were available for inspection electronically on NSDL Platform
The document constitutes a summary of proceedings, not the formal minutes of the AGM
Voting results as required under Regulation 44(3) of SEBI Listing Regulations will be submitted separately