Meeting Details

  • Date: Friday, 04th September, 2026
  • Time: 11:45 A.M. to 12:26 P.M. (41 minutes duration)
  • Type: Annual General Meeting (29th AGM)
  • Mode: Video Conferencing / Other Audio Visual Means (VC/OAVM)
  • Deemed Venue: Registered Office at Shradha House, Near Shri Mohini Complex, Kingsway, Block No. SI-4, Sixth Floor, Kasturchand Park, Nagpur - 440001, Maharashtra, India

Proposed Resolutions and Implications

Shareholders approved the following agenda items:

1. Ordinary Business Item 1: Adoption of audited financial statements (Standalone & Consolidated) for financial year ended 31st March, 2026 consisting of Balance Sheet, Statement of Profit and Loss, Cash Flow Statement with Notes, and reports of Board of Directors and Statutory Auditors

2. Ordinary Business Item 2: Payment of Final dividend @ 30% i.e. ₹0.60 (Sixty Paisa Only) per Equity Share of Face Value ₹2 each fully paid-up for financial year 2025-2026

3. Ordinary Business Item 3: Appointment of Mr. Nitesh Vinaykumar Sanklecha (DIN: 03532145) as Director in place of retiring Managing Director & CFO who offered himself for re-appointment

4. Special Business Item 4: Re-appointment of Mr. Shreyas Sunil Raisoni (DIN: 06537653) as Whole-Time Director (Designated KMP) for period of three years w.e.f. 05th September, 2026

5. Special Business Item 5: Re-appointment of Mr. Nitesh Vinaykumar Sanklecha (DIN: 03532145) as Managing Director & CFO (Designated KMP) for period of three years w.e.f. 05th September, 2026

6. Ordinary Business Item 6: Approval of proposed related party transaction(s) to be entered into by Active Infrastructures Limited (material subsidiary) with Stargate Ventures LLP for investment(s) up to aggregate amount of ₹10 Crores

Voting Process and Methods

  • Remote e-voting facility provided through CDSL system
  • Cut-off date for eligibility: Friday, 28th August, 2026
  • Remote e-voting period: Tuesday, 01st September, 2026 at 09:00 Hrs to Thursday, 03rd September, 2026 at 17:00 Hrs
  • E-voting facility available during AGM for members who had not voted through remote e-voting
  • Votes cast through remote e-voting and AGM e-voting were cumulative

Key Voting Outcomes

Scrutinizer's report with results to be submitted to NSE, Depository, Registrar & Transfer Agents and displayed on Company's website www.shradhainfra.in within prescribed time period. Results declared as per Companies Act provisions.

Attendance and Participation

  • Members present through VC/OAVM: 40 (Forty)
  • Directors present: 6 directors including Mr. Satish Wate (Chairman, Non-Executive Independent Director), Mr. Nitesh Sanklecha (Managing Director & CFO), Mr. Shreyas Raisoni (Whole-time Director), Ms. Asha Sampath (Non-Executive Independent Director), Mr. Ravindra Singhavi (Non-Executive Independent Director), Mr. Chandrakant Waikar (Non-Executive Non-Independent Director)
  • Other attendees: Company Secretary, Authorised Representatives of Statutory Auditors, Secretarial Auditors, Internal Auditors, and Chairpersons of various Board Committees

Quorum and Proceedings

  • Requisite valid quorum of minimum 30 members present at commencement
  • Quorum maintained throughout meeting for all business agenda items
  • No physical attendance of members, proxies not applicable
  • Statutory records and registers made available as per provisions of law

Compliance Confirmation

  • Conducted in compliance with Companies Act, 2013, SEBI LODR Regulations, 2015, and MCA Circulars
  • Confirmation provided that appointees (Mr. Sanklecha and Mr. Raisoni) have not been debarred from holding director office by SEBI or any other authority
  • No inter-se relationship with other Directors, KMPs, Management and Promoters of the Company

Shareholder Queries and Responses

Shareholders raised queries regarding:

  • Company's future growth areas
  • Utilisation and benefits of rights issue
  • Management of increasing construction costs
  • Decline in standalone return on capital employed

Management responses included:

  • Focus remains on residential and commercial real estate and infrastructure development in Nagpur and Central India
  • Rights issue of approximately ₹121.50 crore strengthened capital base and financial flexibility
  • Construction costs managed through careful project selection, cost monitoring and timely execution
  • Decline in return on capital employed attributable to increase in other equity and capital base, with focus on improving returns through effective capital deployment

Additional Information

  • Reference Number: SRL/CS/556
  • Previous communication reference: SRL/CS/544 dated 13th August, 2026
  • Company CIN: L45200MH1997PLC110971
  • Former name: Shradha Infraprojects Limited