AGM Details

The 38th Annual General Meeting will be held on Wednesday, September 30, 2026 at 12:00 Noon IST through Video Conference/Other Audio-Visual Means without physical presence of members. The e-voting period will commence at 9:00 AM IST on September 27, 2026 and end at 5:00 PM IST on September 29, 2026.

Financial Highlights

Standalone Performance (₹ lakhs):

  • Income from operations: 197.49 (Previous year: 188.64)
  • Total Income: 278.61 (Previous year: 427.47)
  • Profit after tax: 54.81 (Previous year: 145.69)
  • EPS: ₹0.21 (Previous year: ₹0.72)

Consolidated Performance (₹ lakhs):

  • Income from operations: 1,342.91 (Previous year: 1,216.28)
  • Total Income: 1,566.46 (Previous year: 1,637.95)
  • Profit after tax: 651.08 (Previous year: 461.44)
  • EPS: ₹3.17 (Previous year: ₹2.29)

The reduction in standalone revenue is mainly attributed to the collapse of the Madhya Pradesh 2MW Wind Turbine. The increase in consolidated PAT is due to improved performance of subsidiary Sri KPR Infra & Projects Ltd and step-down subsidiary Sri Pavan Energy Pvt Ltd.

Dividend Recommendation

The Board of Directors has recommended a dividend of ₹1 per share considering the liquidity position and increase in consolidated profit.

Key AGM Agenda Items

Ordinary Business:

1. Adoption of audited standalone and consolidated financial statements for FY 2025-26

2. Declaration of dividend for FY 2025-26

3. Re-appointment of Mr. Srinath Reddy Nalla (DIN: 00052862) who retires by rotation

4. Re-appointment of Mr. Bhoopal Reddy Aleti (DIN: 00043263) who retires by rotation

Special Business:

5. Appointment of Mr. Sudhakar Chittepu (DIN: 11899304) as Independent Director for 5 years from August 31, 2026 to August 30, 2031

6. Re-appointment of Mr. Kishan Reddy Nalla (DIN: 00038966) as Managing Director for 5 years from November 14, 2026 to November 13, 2031

7. Approval for continuation of Mr. Bhoopal Reddy Aleti as Whole-time Director after attaining age of 70 years for remaining term up to September 30, 2028

8. Re-designation of Mr. Amarnath Narsing Rao Basha (DIN: 11257312) as Chairman effective October 1, 2026

Operational Update

Wind Turbine Status:

The claim for compensation for the collapsed 2MW Gamesa make Madhya Pradesh Wind Mill is pending before the Arbitral Tribunal. During June 2026, Siemens Gamesa Renewable Power Pvt Ltd came forward for settlement discussions/negotiations, which are currently in progress.

Real Estate Business:

All required approvals were received from shareholders for developing factory land into open plot layout/villa project, but the project could not be grounded due to slump in real estate market. The project will be taken up when market revives.

Shareholding Pattern

As on March 31, 2026:

  • Total shares: 2,01,45,695 equity shares of ₹10 each
  • Promoter holding: 91.42% (18,41,74,180 shares)
  • Public holding: 8.58%
  • Dematerialized shares: 97.57% of paid-up capital

Subsequent Events

After the financial year, the Board on August 31, 2026:

  • Appointed Mr. Sudhakar Chittepu as Additional Director (Independent)
  • Proposed re-appointment of Mr. Kishan Reddy Nalla as Managing Director
  • Approved continuation of Mr. Bhoopal Reddy Aleti as Whole-time Director after age 70

Record Date and Book Closure

The Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026 to Wednesday, September 30, 2026 (both days inclusive) for the purpose of AGM and dividend declaration.

Compliance Status

The Secretarial Audit Report contained one observation regarding 100 promoter shares still in physical form instead of dematerialized mode. Management has advised promoters to apply for duplicate share certificates and dematerialize them.

Corporate Governance

The company has complied with corporate governance requirements under SEBI LODR Regulations. The Board met 6 times during the year, and all committees (Audit, Nomination & Remuneration, Stakeholder Relationship) were functional.