Annual General Meeting Details

The 34th Annual General Meeting of Garnet Construction Limited will be held on Wednesday, September 30, 2026 at 11:00 a.m. through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

Ordinary Business:

1. To receive, consider and adopt the Audited Balance Sheet as at March 31, 2026, the statement of Profit and Loss for the year ended on that date together with the Directors' and Auditors' Reports thereon.

2. To appoint a Director in place of Mr. Arunkumar Kedia (DIN: 00205183), who retires by rotation and being eligible, offers himself for reappointment.

Special Business:

3. To appoint Ms. Chahat Sanjaykumar Kedia (DIN: 11621550) as Director of the Company. She was appointed as an Additional Director by the Board on March 21, 2026 under Section 161(1) of the Companies Act, 2013.

4. To appoint Shri Arunkumar Kedia (DIN: 00205183) as Managing Director for a period of 5 years with effect from May 30, 2026 to May 29, 2031 with a basic salary of ₹2,50,000 per month.

Financial Highlights (Standalone)

For Year Ended March 31, 2026:

  • Total Income: ₹8,633.01 lakhs (Previous year: ₹1,941.19 lakhs)
  • Total Expenditure: ₹3,349.54 lakhs (Previous year: ₹951.15 lakhs)
  • Profit Before Tax: ₹5,283.47 lakhs (Previous year: ₹990.04 lakhs)
  • Profit After Tax: ₹3,948.06 lakhs (Previous year: ₹740.59 lakhs)
  • Total Comprehensive Income: ₹3,946.88 lakhs (Previous year: ₹738.09 lakhs)
  • Basic & Diluted EPS: ₹28.39 (Previous year: ₹5.31)

No dividend was recommended by the Board during the year under review.

Key Management Changes

  • Mr. Kishan Kumar Kedia, Managing Director, passed away on February 22, 2026
  • Ms. Chahat Kedia was appointed as Non-Independent Non-Executive Director effective March 21, 2026
  • Ms. Nikita Poddar was appointed as Chief Financial Officer effective March 21, 2026

Share Capital and Ownership

  • Equity Share Capital: ₹1,390.22 lakhs (13,902,200 shares of ₹10 each)
  • Promoter Holding: 61.29% as on March 31, 2026
  • Public Holding: 32.14% as on March 31, 2026
  • Dematerialized Shares: 97.70% of total shares

Board of Directors

| Name | Designation | DIN |

| Mr. Kishan Kumar Kedia | Chairman & Managing Director | 00205146 |

| Mr. Arun Kedia | Marketing Director | 00205183 |

| Mr. Sanjay Kedia | Finance Director | 00205220 |

| Mr. Akash Kamble | Director | 10768240 |

| Mr. Jitendra Jadhav | Director | 08469921 |

| Ms. Sirya Vakil Siddiqui | Director | 08727351 |

| Ms. Chahat Sanjaykumar Kedia | Director | 11621550 |

E-Voting Details

  • Remote e-voting period: September 27, 2026 (9:00 a.m.) to September 29, 2026 (5:00 p.m.)
  • Cut-off date for voting rights: September 23, 2026
  • Scrutinizer: Ms. Neetu Maheshwari (COP 13397)
  • E-voting through NSDL platform

Corporate Governance

  • Board met 8 times during the year
  • All committees (Audit, Nomination & Remuneration, Stakeholder Relationship, CSR) constituted and functional
  • Whistle Blower Policy implemented
  • CSR expenditure of ₹10.00 lakhs against requirement of ₹9.63 lakhs

Important Dates

  • Book Closure: September 25, 2026 to September 29, 2026 (both days inclusive)
  • AGM Date: September 30, 2026 at 11:00 a.m.
  • Financial Year: April 1, 2025 to March 31, 2026

Registrars and Share Transfer Agents

MUFG Intime India Private Limited

C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai - 400083