Arkade Developers has dispatched its Annual Report for FY25-26 to shareholders, confirming that its 40th Annual General Meeting will be held on Tuesday, September 22, 2026. The company informed shareholders whose email addresses are not registered with the registrar or depositories via letters containing weblinks and QR codes for accessing the report.

The notice, signed by Company Secretary Sheetal Solani on August 31, 2026, outlines several ordinary and special resolutions for consideration at the meeting, which will be conducted through Video Conferencing or Other Audio Visual Means.

Key Agenda Items

The primary business for the AGM includes:

• Financial Statements: Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
• Director Re-appointment: Re-appointment of Mr. Arpit Vikram Jain (DIN: 06899631), who retires by rotation. He is a Chartered Accountant with expertise in finance and risk management.
• Cost Auditor Ratification: Ratification of remuneration of ₹82,600 (including tax) to M/s Joshi Apte & Associates for FY26-27.
• ESOP Plan: Approval of the Arkade Employees Stock Option Plan (ESOP) 2026 scheme and extension of its benefits to employees of existing and future subsidiaries.

ESOP Scheme Details

The proposed ESOP plan aims to attract and retain talent by aligning employee interests with shareholder value. It seeks approval to grant up to 2,00,000 equity shares, representing 0.11% of the post-issue capital.

Options will vest over a four-year schedule: 10% in Year 1, 20% in Year 2, 30% in Year 3, and 40% in Year 4. The scheme will be implemented directly by the company through new share issuance.

Meeting Logistics

Shareholders can participate remotely through Bigshare Service Pvt. Ltd. Remote e-voting opens on Friday, September 18, 2026, at 9:00 am and closes on Monday, September 21, 2026, at 5:00 pm. The cut-off date for voting eligibility is September 15, 2026.

Mr. Vijay Yadav (Membership No. FCS 11990) has been appointed as the Scrutinizer to oversee the e-voting process, with Mr. Shashank Ghaisas (Membership No. FCS 11782) as alternate. The announcement complies with Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013.

Arkade Developers submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the Bombay Stock Exchange and National Stock Exchange on August 27, 2026. The filing outlines the company’s environmental, social, and governance metrics alongside its corporate social responsibility performance for the financial year ended March 31, 2026.

The Mumbai-based real estate developer reported a turnover of ₹81,608.81 lakh and a net worth of ₹88,212.25 lakh during the reporting period. These figures triggered the applicability of Section 135 of the Companies Act, 2013, mandating the disclosure of CSR activities. The company’s paid-up capital stood at ₹18,566.36 lakh as of the end of the financial year.

Sustainability and Environmental Metrics

Arkade Developers disclosed significant environmental data points in its standalone report. Total energy consumption from non-renewable sources rose to 5,807.417 GJ in FY26, up from 2,761.58 GJ in the previous year. This increase coincided with a rise in water withdrawal from third-party sources to 53,480.5 kilolitres, compared to 45,463.1 kilolitres in FY25. The company noted that water is primarily sourced through authorized tanker suppliers for construction activities such as concrete batching and dust suppression.

Greenhouse gas emissions also saw a shift in composition. Scope 1 emissions dropped sharply to 21.977 metric tonnes of CO2 equivalent, down from 175.556 metric tonnes in FY25. However, Scope 2 emissions nearly doubled to 1,116.06 metric tonnes, resulting in a combined total of 1,138.04 metric tonnes for FY26. Waste generation increased to 13,908.53 metric tonnes, driven largely by construction and demolition waste.

Corporate Social Responsibility Initiatives

The company exceeded its statutory CSR spending target with an outlay of ₹350.01 lakh. Key beneficiaries included Tata Memorial Hospital for cancer patient treatment and the National Association of Blind for educational support. A major initiative through The Sajjan Jain Support Trust benefited over 1.5 lakh individuals, primarily construction workers and underserved communities, through food distribution, health support, and hydration drives.

Workforce and Governance

Arkade employed 262 permanent staff members, with women comprising 23.28% of the workforce. The company reported zero lost-time injuries for both employees and workers. However, it recorded nine total recordable work-related injuries among contractual workers, an increase from four in the prior year. The board includes one female director, representing 16.67% of the total membership.

What the Numbers Show

The divergence between Scope 1 and Scope 2 emissions highlights a structural shift in the company’s carbon footprint. While direct fuel-based emissions (Scope 1) fell by over 87%, indirect emissions from purchased electricity (Scope 2) surged by more than 116%. This suggests that operational energy intensity at project sites may be rising faster than direct fuel consumption declines, warranting closer monitoring of grid electricity usage efficiency in future reporting periods.