Afcons Infrastructure Limited has submitted its quarterly compliance certificate to both BSE and NSE for the quarter ended March 31, 2026. The filing, dated April 06, 2026, fulfills the company's regulatory obligations under SEBI (Depositories & Participants) Regulations, 2018.

Regulatory Compliance Certificate

The certificate was filed pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Gaurang Parekh signed the submission, confirming adherence to prescribed dematerialization procedures during the reporting quarter.

Dematerialization Process Confirmation

The company confirmed that all equity share certificates received for dematerialization during the quarter were processed according to regulatory standards. The certificate states that shares were mutilated and cancelled only after due verification, with depositories' names properly substituted as registered owners for dematerialized equity shares.

Registrar Verification

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, provided supporting confirmation dated April 02, 2026. The registrar verified that all dematerialization procedures were completed within prescribed timelines and regulatory requirements were met.

Stock Exchange Submission

The compliance certificate was simultaneously submitted to both major Indian stock exchanges where Afcons Infrastructure shares are listed. The company maintains its listing obligations through regular quarterly filings and adherence to SEBI guidelines.

This routine compliance filing demonstrates Afcons Infrastructure's commitment to maintaining transparency and regulatory adherence in its share transfer and dematerialization processes.

Afcons Infrastructure Limited has successfully completed its postal ballot process, with shareholders delivering overwhelming approval for a material related party transaction with Shapoorji Pallonji Mideast LLC, a promoter group company. The resolution was passed on April 03, 2026, marking the conclusion of the remote e-voting period that commenced on March 05, 2026.

Voting Results and Participation

The postal ballot witnessed strong shareholder participation, with the ordinary resolution securing decisive approval from the voting members.

Out of 2,43,147 total shareholders on the cut-off date of February 27, 2026, a total of 1,064 members participated in the voting process, representing 12,32,96,837 valid votes cast.

Category-wise Voting Pattern

The voting pattern revealed interesting dynamics across different shareholder categories, with promoter and promoter group shareholders abstaining from the process due to their interest in the resolution.

Regulatory Compliance and Process

The postal ballot was conducted in strict compliance with Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations. Mr. Mitesh Dhabliwala from Parikh Parekh & Associates served as the appointed scrutinizer for the process.

Transaction Significance

The approved resolution pertains to material related party transactions between Afcons Infrastructure Limited and Shapoorji Pallonji Mideast LLC, which is classified as a promoter group company. The transaction required shareholder approval under regulatory provisions governing related party transactions.

The company's total shareholding base of 36,77,84,631 shares witnessed 33.52% participation in the voting process, demonstrating active shareholder engagement in corporate governance matters. The unanimous support from public institutions and near-universal approval from public non-institutional shareholders reflects confidence in the proposed transaction's merit.