Athena Constructions Limited will close its register of members and share transfer books from October 23, 2026, to October 29, 2026. This period is designated for the upcoming 15th Annual General Meeting (AGM).

The company reported a net loss of ₹67.38 lakh for the financial year ended March 31, 2026, compared to a loss of ₹74.27 lakh in the previous year. Athena recorded zero revenue from operations for FY26.

Financial performance

The company's total income stood at ₹0.00 lakh for FY26, down from ₹0.47 lakh in FY25. The reduction in losses was primarily driven by lower finance costs and other expenses, despite a rise in employee benefit expenses.

The company did not recommend any dividend for the financial year 2025-26. There was no transfer to reserves as the company incurred a loss.

AGM details and book closure

The 15th AGM will be held at the registered office in Mumbai at 11:30 am on Friday, October 30, 2026. Shareholders whose names appear in the register during the book closure period will be eligible to participate in the meeting.

The register and share transfer books will remain closed from October 23, 2026 to October 29, 2026. Ms. Neetu Maheshwari, a Practicing Company Secretary with Certificate of Practice No. 13397, has been appointed as the scrutinizer for the AGM.

Secretarial audit observations

The secretarial audit report for FY26 highlighted three non-compliances. First, the company did not appoint an internal auditor by the end of the financial year. Second, the company was reflected as "SDD NON-COMPLIANT" on the BSE website during the review period. Third, the annual report was uploaded under an incorrect tab/category on the BSE website.

The Board clarified that they are identifying a suitable person for the internal auditor role and are regular in submitting quarterly compliance certificates despite the SDD status. They also stated they would take extra care when uploading future reports.

Athena Constructions has secured a two-month extension from the Registrar of Companies (ROC) to hold its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The new deadline for the meeting is November 30, 2026.

The company had filed an application under Section 96 of the Companies Act, 2013, seeking relief from the statutory requirement to hold the AGM by September 30, 2026. The ROC Mumbai I granted this extension via an order dated September 26, 2026, citing the circumstances presented by the company in its e-form application.

Regulatory compliance and timeline

The extension was processed following an application submitted on September 21, 2026. The ROC order explicitly advises the company to exercise greater caution in future compliance with the provisions of the Companies Act, 2013. This advisory highlights the regulatory scrutiny associated with seeking extensions beyond the standard timeline.

Next steps for shareholders

The Board of Directors will finalize the specific date, time, and venue or mode of the upcoming AGM. Athena Constructions stated that these details will be communicated to the stock exchanges separately in due course. Shareholders should monitor official disclosures for the final scheduling of the meeting.

What the numbers show

The gap between the application date (September 21, 2026) and the original deadline (September 30, 2026) indicates a narrow window of nine days for regulatory review before the statutory limit expired. The approval was granted just four days prior to the original deadline, suggesting the process was completed efficiently but close to the cutoff. The two-month extension provides a buffer of approximately 61 days from the original deadline, allowing the company additional time to finalize accounts and logistics without violating Section 96 provisions.