Deepak Builders adopts FY26 accounts, approves director reappointment
- Deepak Builders & Engineers India Limited held its 9th AGM on September 29, 2026
- Shareholders adopted audited financial statements for FY26 without qualifications
- Special resolution approved continuation of CMD Deepak Kumar Singal's term
- Total attendance stood at 41 members, including four promoter group representatives
*this image is generated using AI for illustrative purposes only.
Deepak Builders & Engineers India Limited (NSE: DBEIL) held its ninth Annual General Meeting (AGM) on September 29, 2026. The virtual meeting saw shareholders adopt the audited financial statements for the fiscal year ended March 31, 2026.
The proceedings were conducted via Video Conferencing and Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. The meeting commenced at 11:00 am and concluded at 11:38 am. A total of 41 members attended, comprising four from the promoter group and 37 public shareholders.
Key resolutions passed
Shareholders approved several ordinary and special resolutions during the session. The primary items included the adoption of the Board’s report and the appointment of directors retiring by rotation.
| Resolution Type | Particulars | Status |
|---|---|---|
| Ordinary | Adoption of audited financial statements for FY26 | Passed |
| Ordinary | Re-appointment of Mr. Harnam Singh Khosa as Director | Passed |
| Ordinary | Ratification of remuneration for Cost Auditor M/s Gurvinder Chopra and Co. for FY27 | Passed |
| Special | Continuation of term for Mr. Deepak Kumar Singal beyond age 70 | Passed |
The special resolution specifically addressed the continuation of Chairman and Managing Director Deepak Kumar Singal’s tenure, as he is scheduled to attain the age of 70 years on September 9, 2027.
Meeting details and attendance
The AGM was chaired by Deepak Kumar Singal. Key managerial personnel and auditors attended virtually, including Statutory Auditor Parmod Gupta of Parmod G Gupta & Associates and Secretarial Auditor Rajeev Bhambri. The Company Secretary, Anil Kumar, facilitated the e-voting process and addressed member queries regarding operations and financial performance.
The Chairman noted that the statutory registers were available for electronic inspection. Questions raised by registered speakers were addressed by the management, while members unable to speak were directed to submit queries via email. The final voting results are to be declared upon receipt of the Scrutinizer’s report.
How will the extension of Chairman Deepak Kumar Singal's tenure beyond age 70 influence the company's long-term succession planning strategy?
What specific growth targets or project pipelines did management highlight in response to shareholder queries regarding future financial performance?
Given the low attendance of only 41 members, what measures is the company taking to improve retail investor engagement and voting participation in future AGMs?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
