Event Details

The 31st Annual General Meeting of Sobha Limited was held on July 18, 2026, at 9:00 A.M. (IST) through Video Conferencing / Other Audio Visual Means (VC/OAVM). The remote e-voting period commenced on July 14, 2026, at 9:00 A.M. and concluded on July 17, 2026, at 5:00 P.M. E-voting was also conducted on the day of the meeting for members who had not voted remotely.

Nagendra D. Rao, Practising Company Secretary, was appointed as the Scrutinizer to scrutinize the remote e-voting and e-voting process. The total number of shareholders on the record date (July 11, 2026) was 126,580. A total of 48 shareholders attended the meeting via VC/OAVM (5 from Promoter and Promoter Group, 43 Public).

Voting Results

Based on the Consolidated Scrutinizer's Report, all seven resolutions proposed at the AGM were passed. The detailed results are as follows:

Resolution 1: Adoption of Financial Statements (Ordinary Resolution)

  • Description: To adopt the Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Statutory Auditors.
  • Votes in Favor: 9,48,88,364 (99.99%)
  • Votes Against: 59 (0.01%)
  • Result: Passed

Resolution 2: Declaration of Final Dividend (Ordinary Resolution)

  • Description: To declare a final dividend on equity shares for the financial year ended March 31, 2026.
  • Votes in Favor: 9,49,37,697 (99.99%)
  • Votes Against: 58 (0.01%)
  • Result: Passed

Resolution 3: Re-appointment of Director (Ordinary Resolution)

  • Description: Re-appointment of Mr. Ravi PNC Menon (DIN: 02070036) as a director liable to retire by rotation.
  • Votes in Favor: 9,47,86,016 (99.84%)
  • Votes Against: 1,51,729 (0.16%)
  • Result: Passed

Resolution 4: Ratification of Cost Auditors' Remuneration (Ordinary Resolution)

  • Description: Ratification of remuneration payable to Cost Auditors for the financial year 2025-26.
  • Votes in Favor: 9,49,37,657 (99.99%)
  • Votes Against: 98 (0.01%)
  • Result: Passed

Resolution 5: Re-appointment of Managing Director (Ordinary Resolution)

  • Description: Re-appointment of Mr. Jagadish Nangineni (DIN: 01871780) as Managing Director for a term of five years and payment of remuneration.
  • Votes in Favor: 9,32,26,225 (98.20%)
  • Votes Against: 17,11,530 (1.80%)
  • Result: Passed

Resolution 6: Re-appointment of Independent Director (Special Resolution)

  • Description: Re-appointment of Mr. Raman Mangalorkar (DIN: 01866884) as a Non-Executive Independent Director.
  • Votes in Favor: 9,47,22,148 (99.77%)
  • Votes Against: 2,15,607 (0.23%)
  • Result: Passed (Requires 3x majority; 99.77% > 3 * 0.23%)

Resolution 7: Issue of Non-Convertible Debentures (Special Resolution)

  • Description: To issue Non-Convertible Debentures on a private placement basis.
  • Votes in Favor: 9,49,37,242 (99.99%)
  • Votes Against: 163 (0.01%)
  • Result: Passed (Requires 3x majority; 99.99% > 3 * 0.01%)

Annexures

  • Annexure A: Consolidated Scrutiniser Report dated July 18, 2026, by Nagendra D. Rao.
  • Annexure B: Disclosure of Voting Results as required under Regulation 44(3) of SEBI LODR.