BRNL Board to Meet on May 30 to Consider FY26 Results

Bharat Road Network Limited has scheduled a meeting of its Board of Directors for Saturday, May 30, 2026. The primary agenda for the meeting is to consider and approve the audited standalone and consolidated financial results of the company for the financial year ended on March 31, 2026. The announcement was made in compliance with Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Trading Window Closure

In accordance with the company's Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in the securities of the company has been closed. This closure took effect from Wednesday, April 1, 2026. The window will remain closed until 48 hours after the announcement of the audited financial results to the stock exchanges.

Meeting Details

The board meeting is a statutory requirement for the declaration of the company's annual financial performance. Shareholders and investors can expect the official results to be disseminated to the stock exchanges immediately following the conclusion of the meeting.

Event	Date
Board Meeting	May 30, 2026
Financial Year End	March 31, 2026
Trading Window Closure	April 1, 2026

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.05%	+3.04%	-0.59%	-16.58%	-13.83%	-27.69%

Bharat Road Network Limited has received a request from its promoter, SREI Infrastructure Finance Limited (SIFL), seeking reclassification from the Promoter category to the Public category. The request, dated May 18, 2026, was received via email on the same day and references Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SIFL currently holds 1,66,30,000 equity shares, which account for 19.81% of the total paid-up equity share capital of Bharat Road Network Limited. The reclassification request is based on the premise that SIFL has not been part of the promoter or promoter group of the company since August 11, 2023, following the approval of a Resolution Plan by the National Company Law Tribunal (NCLT).

Shareholding Details

The request outlines the specific shareholding details subject to reclassification:

Sl. No.	Name	Category	No. of Equity Share Held	% of Shareholding
1.	SREI Infrastructure Finance Limited	Promoter	1,66,30,000	19.81

Background and Regulatory Context

The request follows a series of regulatory developments concerning SIFL. The Reserve Bank of India superseded the Board of SIFL in October 2021, and the NCLT initiated the Corporate Insolvency Resolution Process (CIRP) shortly thereafter. In August 2023, the NCLT approved a Resolution Plan submitted by National Asset Reconstruction Company Limited (NARCL). Consequently, the shareholding of SIFL is now primarily held by NARCL (46%), India Debt Resolution Company Limited (24%), and Approving Financial Creditors (20%).

Board Consideration and Approvals

The aforesaid request for reclassification will be tabled at the ensuing meeting of the Board of Directors of Bharat Road Network Limited. The company stated that all necessary steps will be undertaken in accordance with the applicable regulations. However, the reclassification is subject to the consideration and approval by the Board and the receipt of no-objection from the Stock Exchanges.