Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) has scheduled its 129th Annual General Meeting (AGM) for Monday, July 27, 2026, at 03:00 p.m. IST via Video Conferencing. The meeting will consider the adoption of financial statements for FY 2025-26, a dividend declaration, and the appointment of a new statutory auditor. The company reported a standalone net profit of ₹ 351.89 Crores for the year, while consolidated results reflected a loss of ₹ 114.82 Crores due to the timing of project completions and the repositioning of the business as a focused real estate entity.

Key AGM Details

The AGM will be conducted from the company's registered office at Century Bhavan, Worli, Mumbai. Shareholders will vote on the reappointment of Mr. Kumar Mangalam Birla and the ratification of the Cost Auditor. The following table outlines the critical dates and procedural details:

Financial Performance and Dividend

The Board recommended a dividend of ₹ 2.50 per equity share of face value ₹ 10 each (25%), subject to tax, totaling an outflow of ₹ 27.92 Crores. This marks an increase from the ₹ 2.00 per share dividend paid in the previous year. On a standalone basis, total income from continuing operations rose 3.7% to ₹ 516.23 Crores, while profit before tax surged to ₹ 121.38 Crores from ₹ 0.06 Crores, aided by a reversal of net deferred tax liability of ₹ 123.76 Crores following the decision to opt for a new tax regime.

Consolidated revenue from continuing operations decreased to ₹ 403.77 Crores from ₹ 1,203.37 Crores in FY 2024-25. The company attributed this decline to Ind AS 115 revenue recognition norms, which require revenue recognition only at project handover, rather than a drop in demand. Birla Estates, the company's subsidiary, achieved its highest annual booking value of ₹ 8,136 Crores and collections of ₹ 3,341 Crores.

Auditor Appointments and Business Divestment

A special business item involves the appointment of M/s. Singhi & Co., Chartered Accountants, as the statutory auditor for a five-year term. The annual audit fee is set at ₹ 55 lacs plus taxes, reflecting a reduced scope following the proposed sale of the Century Pulp and Paper business to ITC Limited for ₹ 3,498 Crores. The Competition Commission of India approved this acquisition on December 16, 2025, with consummation expected in the first half of FY 2026-27.

Aditya Birla Real Estate Ltd recorded a booking value of ₹8,136 Crores in FY 2025-26, reflecting sustained execution momentum across its portfolio of 21 projects spanning 35 million sq. ft. The company’s development pipeline is valued at over ₹73,900 Crores. Sustainability remains a core focus, with the company aligning its operations with the Aditya Birla Group’s net-zero ambition for 2050 and the UN Sustainable Development Goals. The Business Responsibility and Sustainability Report (BRSR) for the year highlights significant progress in environmental management and governance.

Operational and Financial Performance

The company operates through its wholly owned subsidiary, Birla Estates Pvt. Ltd., catering to the premium real estate segment. Exports accounted for 4.75% of the total turnover during the fiscal year. The operational footprint includes 19 locations nationally, comprising 2 plants and 17 offices. The company’s governance structure is overseen by the Risk Management Committee, which meets bi-annually to review sustainability initiatives.

Environmental Stewardship

Aditya Birla Real Estate achieved a 53% reduction in Scope 2 emissions year-on-year, while Scope 1 emissions decreased by 5.26%. Renewable electricity accounted for 32% of total electricity consumption, and 100% of the commercial portfolio is powered by renewable energy for own operations. The company installed a 140 kW on-site solar plant at Birla Centurion. Water withdrawal reduced by 1.36% year-on-year, and groundwater withdrawal in water-stressed areas fell by 23.32%.

Social and Governance Metrics

The company reported a workforce of 1,541 employees and 5,298 workers. Women represented 37.50% of the Board of Directors. The turnover rate for permanent employees stood at 13.54%, a decrease from the previous year. The company maintained zero complaints regarding data breaches and recorded no fines related to corruption or conflict of interest. However, it disclosed a penalty of ₹3,36,214 from the Professional Tax Officer, Government of Karnataka, regarding enrolment defaults.

Aditya Birla Real Estate continues to strengthen its ESG framework, aligning with SEBI’s BRSR Core requirements and targeting net-zero carbon emissions by 2050.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE055A01016/f1d5991e8b5e477e.pdf