Meeting Details

The 18th Annual General Meeting (AGM) of SRM Contractors Limited was held on Wednesday, 30th September 2026 through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting commenced at 1:05 p.m. IST and concluded at 1:29 p.m. IST.

Attendees

  • Chairman: Mr. Sanjay Mehta
  • Directors Present: All directors were present except Mr. Inderjeet Sharma (Independent Director) who attended through VC/OAVM
  • Other Attendees: Mr. Arun Mathur (Company Secretary), Ms. Aashni Mahajan (CFO), Mr. Dhaman Kumar Pandoh (Secretarial Auditor), and Mr. Khushwinder Verma (Cost Auditor)

Business Transacted

The following resolutions were considered and approved as per the AGM Notice dated 5th September 2026:

Ordinary Business

1. Adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026, together with Board's Report and Auditors' Report

2. Re-appointment of Ms. Ashley Mehta (DIN: 08068781) as Non-Executive Director retiring by rotation

3. Appointment of M/s Rohit KC Jain & Co. as statutory auditor for 5 years

4. Change in designation of Ms. Ashley Mehta from Non-Executive Director to Executive Director

5. Increase in authorized share capital and consequential alteration of Memorandum of Association

8. Ratification of remuneration payable to M/s Verma Khushwinder & Co as cost auditor for FY 2026-27

11. Approval of material related party transactions with SRM-RAJINDER PROJECTS (Joint Venture)

12. Approval of material related party transactions with ECI-SRM PROJECTS (Joint Venture)

13. Approval of material related party transactions with SRM-RSB PROJECTS (Joint Venture)

14. Approval of material related party transactions with SRM-RKCPL PROJECTS (Joint Venture)

15. Approval of material related party transactions with Maccaferri Infrastructure Private Limited (MIPL) (Subsidiary)

16. Approval of material related party transactions with Maccaferri Infrastructure Private Limited (MESPL) (Related Party)

Special Business

6. Raising funds through Qualified Institutional Placement to eligible investors

7. Issuance of up to 19,34,236 fully convertible warrants to Promoter & Promoter Group on preferential basis

9. Increase in borrowing limit from ₹1000 crores to ₹2000 crores under Section 180(1)(c) of Companies Act 2013

10. Creation of charge/mortgage on assets and undertaking under Section 180(1)(a) of Companies Act 2013

Voting Process

The company provided remote e-voting facility through NSDL (National Securities Depository Limited) in compliance with Regulation 44 of SEBI (LODR) Regulations, 2015. Remote e-voting commenced on 27th September 2026 at 9:00 a.m. IST and concluded on 29th September 2026 at 5:00 p.m. IST. Members present at the AGM who had not voted remotely could exercise voting rights through e-voting during the meeting.

Scrutinizer Appointment

Mr. Dhaman Kumar Pandoh of M/s. D.K Pandoh & Associates was appointed as scrutinizer to scrutinize the voting through electronic means (remote e-voting and voting at the meeting).

Results Dissemination

The results of e-voting were to be disseminated to BSE Limited and National Stock Exchange of India Limited, and uploaded on the company's website (www.srmcpl.com) and NSDL website. The e-voting facility remained open for an additional 15 minutes after the meeting to enable members to cast votes.

Compliance Confirmation

The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India, and in accordance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.