AJR Infra and Tolling Limited (formerly Gammon Infrastructure Projects Limited) has scheduled its 25th Annual General Meeting for Tuesday, September 29, 2026. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI regulations.

Meeting Details

The AGM is scheduled to begin at 3:30 pm IST. Shareholders will transact the business as set forth in the Notice of the AGM. The company published advertisements regarding the meeting on August 30, 2026, in The Free Press Journal (Mumbai Edition) and NavShakti (Mumbai Edition).

E-Voting and Record Date

Members holding shares as on the cut-off date will be eligible to vote. The company provides a remote e-voting facility in accordance with Section 108 of the Companies Act, 2013 and SEBI Listing Obligations Regulations.

Shareholders can access the Notice of AGM and Annual Report electronically if their email addresses are registered with the company or Depository Participants. Physical shareholders without registered emails must update their details via the Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

AJR Infra and Tolling Limited (formerly Gammon Infrastructure Projects Limited) reported a marked improvement in its standalone profitability for the quarter ended June 30, 2026, with its net loss contracting significantly year-on-year. The Mumbai-based infrastructure firm saw its standalone revenue from operations more than double, rising 171% to ₹503.79 lakh from ₹186.03 lakh in the same quarter of FY26. This operational uptick helped reduce the standalone net loss after tax to ₹131.63 lakh, a sharp improvement from the ₹30,496.12 lakh loss recorded in the prior year.

However, the consolidated results present a contrasting picture. The group reported a consolidated net loss of ₹1,889.09 lakh for the quarter, reversing a profit of ₹1,11,092.96 lakh posted in the corresponding period of FY26. Consolidated income from operations fell drastically to ₹107.88 lakh from ₹2,130.76 lakh in the previous year. The Board of Directors approved these unaudited financial results at their meeting held on August 13, 2026, following review by the Audit Committee.

What the Numbers Show

The divergence between standalone and consolidated performance highlights the impact of subsidiary operations on the group’s overall bottom line. While the parent company generated positive operating income and narrowed its standalone loss, the consolidated entity reported a significant net loss despite higher reserves. The consolidated net worth stood at ₹18,917.64 lakh in equity share capital, but reserves remained negative at ₹1,04,388.33 lakh as per the audited balance sheet of the previous year. This suggests that while core standalone operations are stabilizing, legacy liabilities or losses within the consolidated group continue to weigh on the overall financial health.

Financial Highlights

On a consolidated basis, the key figures were:

The company filed these results pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited financial results are available on the company’s website and the stock exchanges.