G R Infraprojects Limited Concludes 30th AGM; Approves Financials, Confirms Dividend, and Appoints New Directors
G R Infraprojects Limited held its 30th Annual General Meeting (AGM) on Friday, July 24, 2026. The meeting was conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM).The AGM commenced at 11:00 AM IST and concluded at 11:50 AM IST. Sixty-eight members attended the AGM through Video Conferencing. During the proceedings, which were presided over by Mr. Ajendra Kumar Agarwal, Chairman of the Company, management highlighted the financial performance for the Financial Year 2025-26, reviewed the industry overview, and discussed the future outlook.
The meeting included resolutions covering statutory requirements, dividend confirmation, director appointments, and auditor appointments. Independent auditors' reports on the consolidated and standalone financial statements for FY 2025-26 were noted as unqualified.
Key Resolutions Passed at AGM
The members passed several ordinary and special resolutions related to the company's operations and structure:- Financial Statements: Members received, considered, and adopted the Audited Standalone Financial Statements and the Audited Consolidated Financial Statements for the Financial Year ended March 31, 2026.
- Dividend Confirmation: The interim dividend of Rs. 2.50 per equity share paid during Financial Year 2025-26 was confirmed as the final dividend for that year.
- Director Appointments: An Ordinary Resolution sought to appoint a Director in place of Mr. Ajendra Kumar Agarwal (DIN: 01147897), who retires by rotation and offered himself for re-appointment. Additionally, Mr. Rajan Malhotra (DIN: 09613669) was re-appointed as an Independent Director for a second term of five consecutive years, and Mr. Ashwin Agarwal (DIN: 09619055) was appointed as a Whole-time Director.
- Auditors: M/s B S R and Co., Chartered Accountants (Firm Registration No. 128510W), were appointed as the Statutory Auditors of the Company. The remuneration payable to Cost Auditors for the Financial Year 2026-27 was ratified.
Voting Results Summary
The outcome of the resolutions, determined through remote e-voting and in-person voting via VC/OAVM, reflected a unanimous approval across all agenda items.| Resolution | Subject Matter | Result |
|---|---|---|
| 1 | Adoption of Audited Financial Statements (Standalone & Consolidated) for FY 2025-26. | Passed |
| 2 | Confirmation of interim dividend of Rs. 2.50 per equity share as final dividend. | Passed |
| 3 | Re-appointment of Mr. Ajendra Kumar Agarwal (DIN: 01147897). | Passed |
| 4 | Appointment of M/s B S R and Co. Chartered Accountants as Statutory Auditors. | Passed |
| 6 | Re-appointment of Mr. Rajan Malhotra as an Independent Director for a second term. | Passed |
| 7 | Appointment of Mr. Ashwin Agarwal as a Whole-time Director. | Passed |
Financial Overview and Corporate Voting Breakdown
The voting results demonstrated strong consensus across the shareholder base on all matters, including the appointment of auditors, director changes, and dividend confirmation.The following table provides details regarding the adoption of Consolidated Financial Statements:
| Category | Total Shares Held (1) | Total Votes Polled (2) | % of Votes Polled (3) | No. of Votes in Favour (4) | Result |
|---|---|---|---|---|---|
| Promoter and Promoter Group | 72,265,608 | 72,265,128 | 99.9993% | 72,265,128 | Passed by Requisite Majority |
| Public Institutions | 21,218,193 | 19,214,890 | 90.5586% | 19,214,890 | Passed by Requisite Majority |
The voting results for the confirmation of dividend (Resolution 2) and the appointment of M/s B S R and Co. as Statutory Auditors (Resolution 4) are also detailed below:
| Resolution | Total Shares Held (1) | Total Votes Polled (2) | % of Votes Polled (3) | No. of Votes in Favour (4) | Result |
|---|---|---|---|---|---|
| Confirmation of Interim Dividend (Rs. 2.50 per equity share) | 96,760,529 | 91,488,644 | 99.9993% | 91,488,644 | Passed by Requisite Majority |
| Appointment of B S R and Co. as Statutory Auditors | 96,760,529 | 91,488,661 | 99.9993% | 91,488,661 | Passed by Requisite Majority |
GRINFRA Stock Price Movement
Today, G R Infraprojects Limited shares edged higher to close at ₹869.85, marking a 0.8% gain for the day. The stock traded within a daily range of ₹860 to ₹878 on 8,665 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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