AGM Details

The 32nd Annual General Meeting of Shri Krishna Devcon Limited will be held on Tuesday, September 29, 2026 at 04:30 P.M. (IST) through video conferencing/other audiovisual means. The registered office at Morya Grand, 1101, 11th Floor, Near Infinity Mall, Off New Link Road, Andheri West, Mumbai 400053 shall be deemed as the venue.

Book Closure Period

The register of members and share transfer books will be closed from Wednesday, September 23, 2026 to Tuesday, September 29, 2026 (both days inclusive) for the purpose of AGM.

E-Voting Information

  • Cut-off date for e-voting entitlement: Tuesday, September 22, 2026
  • Remote e-voting commencement: 09.00 A.M. (IST) on Saturday, September 26, 2026
  • Remote e-voting end: 05.00 P.M. (IST) on Monday, September 28, 2026
  • The company has appointed Central Depository Services (India) Limited as e-voting agency
  • Mr. Balkrishan Pradhan appointed as Scrutinizer

Ordinary Business Items

Item 1(a): Adoption of Audited Standalone Financial Statements

To receive, consider and adopt the audited standalone financial statements for FY2026 ended March 31, 2026 together with reports of board of directors and auditors.

Item 1(b): Adoption of Audited Consolidated Financial Statements

To receive, consider and adopt the audited consolidated financial statements for FY2026 ended March 31, 2026 together with reports of auditors.

Item 2: Re-appointment of Director

To appoint Mr. Mukesh Kumar Jain (DIN: 00392364) who retires by rotation and is eligible for re-appointment as Director liable to retire by rotation.

Special Business Items

Item 3: Re-appointment of Managing Director

To re-appoint Mr. Sunil Kumar Jain (DIN: 00101324) as Managing Director for 3 years from November 01, 2026 to October 31, 2029 with following remuneration:

  • Salary: ₹9.00 lakhs per month (paid notwithstanding profits)
  • Perquisites Category A: House Rent Allowance, Medical Reimbursement, Hospitalization, Leave Travel Concession, Club Fees (2 clubs), Personal Accident Insurance, Reimbursement of credit card and cell phone expenses
  • Perquisites Category B: Encashment of leave at end of tenure, reimbursement of entertainment, traveling, boarding and lodging expenses
  • Total perquisites restricted to amount equal to annual salary within Schedule V limits

Item 4: Continuation as Executive Director

To continue designation of Mr. Naveen Kumar Jain (DIN: 00117876) as Executive Director for 3 years from November 01, 2026 to October 31, 2029 with following remuneration:

  • Salary: ₹7.00 lakhs per month (paid notwithstanding profits)
  • Perquisites structure identical to Mr. Sunil Kumar Jain

Financial Impact of Managerial Remuneration

The resolutions seek approval for payment of aggregate managerial remuneration that may exceed:

  • 5% individually or 10% collectively of net profits for executive directors
  • 11%/10% of net profits for all directors including non-executive directors
  • In case of loss or inadequacy of profit, minimum remuneration shall be paid as per Section 197 and Schedule V

Item 5: Related Party Transactions with Promoters

To approve material related party transactions with promoters:

  • Mr. Sunil Kumar Jain (Managing Director and Promoter)
  • Mr. Naveen Kumar Jain (Director and Promoter)
  • Mr. Mukesh Kumar Jain (Director and Promoter)

Transaction types include:

  • Avail unsecured borrowings
  • Repayment of borrowings
  • Payment of interest

Estimated amounts:

  • FY2026-27: Borrowings/repayment up to ₹10 crore each, interest up to ₹5 crore
  • FY2027-28: Borrowings/repayment up to ₹15 crore each, interest up to ₹10 crore
  • FY2028-29: Borrowings/repayment up to ₹20 crore each, interest up to ₹15 crore

Interest rate: Upto 12% p.a.

Item 6: Related Party Transactions with Associate Firms

To approve material related party transactions with associate partnership firms:

  • M/s. Rose Builtech
  • M/s. Avani Buildcon
  • M/s. Shri Krishna Buildcon
  • M/s. Maa Shipra Enterprises

Transaction types include:

  • Make investments
  • Withdraw investments
  • Share in profit/loss

Estimated amounts: Up to ₹25 crore annually for each transaction type for FY2026-27, FY2027-28 and FY2028-29

Financial Performance

Company reported following financial results:

  • FY2026 Revenue: ₹21.39 crore (FY2025: ₹26.90 crore, FY2024: ₹25.45 crore, FY2023: ₹31.29 crore)
  • FY2026 Profit Before Tax: ₹5.96 crore (FY2025: ₹6.52 crore, FY2024: ₹6.44 crore, FY2023: ₹6.61 crore)
  • FY2026 Profit After Tax: ₹4.56 crore (FY2025: ₹4.92 crore, FY2024: ₹4.45 crore, FY2023: ₹4.82 crore)

Director Shareholding

  • Mr. Sunil Kumar Jain: 19,20,600 equity shares (6.86%)
  • Mr. Naveen Kumar Jain: 19,20,600 equity shares (6.86%)
  • Mr. Mukesh Kumar Jain: 19,20,600 equity shares (6.86%)
  • Total promoter holding: 1,53,65,070 equity shares (54.88%)

Historical Related Party Transactions (FY2025-26)

  • Mr. Sunil Kumar Jain: Remuneration ₹108 lakh, Loan taken ₹148.50 lakh, Interest paid ₹101.17 lakh
  • Mr. Naveen Kumar Jain: Remuneration ₹84 lakh, Loan taken ₹105 lakh, Interest paid ₹11.14 lakh
  • Mr. Mukesh Kumar Jain: Loan taken ₹200 lakh, Interest paid ₹34.23 lakh, Loan repaid ₹56 lakh, Interest paid ₹8.83 lakh

Additional Information

  • Annual report uploaded on company website: https://shrikrishnadevconlimited.com
  • E-voting available through CDSL website: www.evotingindia.com
  • Special window for transfer and dematerialization of physical shares available until February 04, 2027 as per SEBI Circular dated January 30, 2026
  • Registrar and Transfer Agent: MUFG Intime India Private Limited
  • Company CIN: L67190MH1993PLC075295