AB Infrabuild Limited held its 16th Annual General Meeting (AGM) on September 28, 2026, through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting focused on critical financial authorizations, including an increase in borrowing power and the creation of security on company properties in favor of lenders.

A total of 40 members attended the virtual meeting. The session was chaired by Amit Bholanath Mishra, Chairman and Managing Director. Company Secretary Amrit Suthar welcomed the members and briefed them on the audio-visual participation details. The requisite quorum was present, allowing the Chairman to declare the meeting validly constituted and commence proceedings.

Resolutions transacted

The shareholders reviewed and voted on six key items of business. These included the adoption of financial statements, declaration of dividend, and the re-appointment of a director retiring by rotation. Significant special resolutions were also tabled to expand the company's financial flexibility.

Voting and compliance

Shareholders utilized the remote e-voting facility provided by Bigshare Services Private Limited. Voting commenced on September 24, 2026, at 9:00 am and concluded on September 27, 2026, at 5:00 pm. Those attending the live AGM who had not previously voted were given an additional 15 minutes to cast their votes electronically during the meeting.

The scrutinizer is scheduled to declare the voting results within two working days from the conclusion of the AGM. These results will be submitted to the stock exchanges and uploaded on the company's website. The meeting concluded at 2:58 pm with a vote of thanks to the chair.

A B Infrabuild Limited reported a 20% year-on-year increase in net profit after tax to ₹1,934.13 lakh for the financial year ended March 31, 2026. The infrastructure company’s revenue from operations grew by 23% to ₹25,620.71 lakh, reflecting strong execution across railway and urban projects.

The Board of Directors has recommended a dividend of ₹0.06 per equity share (0.60%) on the company’s paid-up capital of ₹638.78 crore. This recommendation is subject to shareholder approval at the upcoming annual general meeting.

Financial Performance

A B Infrabuild’s total revenue rose to ₹25,954.51 lakh in FY26 from ₹20,993.57 lakh in FY25. The growth was primarily driven by higher contract sales and improved project completions. Total expenses increased to ₹23,328.01 lakh from ₹18,741.84 lakh during the same period.

Profit before tax stood at ₹2,625.41 lakh, up from ₹2,185.59 lakh in the previous year. Other income nearly doubled to ₹333.80 lakh from ₹176.88 lakh, contributing to the overall bottom-line improvement.

Balance Sheet and Capital Structure

The company’s equity share capital increased to ₹6,387.89 lakh from ₹5,323.24 lakh following a rights issue of 106.46 million shares at ₹37.50 per share. Additionally, the company split its equity shares from a face value of ₹10 to ₹1 each.

Total assets grew significantly to ₹36,164.20 lakh from ₹24,914.13 lakh. Non-current assets rose to ₹8,375.27 lakh, while current assets expanded to ₹27,788.92 lakh. Borrowings increased to ₹11,470.41 lakh (combining current and non-current), supporting ongoing project requirements.

What the Numbers Show

The company’s operating profit margin remained stable at 14.22% in FY26, compared to 14.12% in FY25, despite a rise in finance costs to ₹1,016.06 lakh from ₹687.20 lakh. This indicates that operational efficiencies offset the higher interest burden associated with increased leverage. The debt-to-equity ratio decreased slightly to 1.14 from 1.26, suggesting improved capital adequacy relative to debt levels.

AGM Details and Corporate Actions

The 16th Annual General Meeting is scheduled for September 28, 2026, at 2:30 pm via video conferencing. Shareholders will vote on ordinary business items including the adoption of financial statements and dividend declaration.

Special resolutions include:

• Increasing borrowing power up to ₹1,000 crore.
• Creating security on company properties in favor of lenders.
• Increasing the limit for granting loans, investments, and guarantees up to ₹1,000 crore.

Ms. Shivani Amit Mishra retires by rotation and offers herself for re-appointment as a director. The register of members will remain closed from September 22 to September 28, 2026.