Emami Realty Limited has scheduled its 18th Annual General Meeting for Tuesday, September 29, 2026, at 11:30 am. The meeting will be conducted through Video Conferencing or Other Audio Visual Means. The company has fixed September 22, 2026, as the cut-off date for determining shareholder eligibility for remote e-voting.

The agenda includes ordinary business items such as the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. Shareholders will also consider the re-appointment of Mr. Rajesh Bansal as a Director, who retires by rotation and offers himself for re-election.

Special Resolutions

The notice outlines special resolutions regarding board composition. Members are asked to appoint Mr. Ram Krishna Agarwal as a Non-Executive, Non-Independent Director, liable to retire by rotation. He was previously appointed as an Additional Director effective July 1, 2026.

Additionally, shareholders will vote to accord consent for Mr. Agarwal to continue in office upon attaining the age of 75 years on August 28, 2027. The Board has been authorized to execute necessary acts to give effect to these resolutions.

Voting and Book Closure Details

Pursuant to Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations, members can cast votes by electronic means on all resolutions. Businesses set out in the notice shall be transacted through voting by electronic means only.

The Notice of the 18th AGM and Annual Report for FY26 were dispatched electronically on September 7, 2026, to shareholders registered as of August 28, 2026. These documents are available on the company website.

Regulatory Compliance

The disclosure is made pursuant to Regulations 30, 34, 42, and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Emami Realty reported a widened standalone net loss of ₹1,679.44 lakh for the quarter ended June 30, 2026, compared to a loss of ₹5,078.65 lakh in the corresponding period of FY25. Consolidated net loss stood at ₹1,681.75 lakh for the quarter.

Operating revenue from operations declined 6.4% year-on-year to ₹547.35 lakh, down from ₹584.85 lakh in Q1FY26. However, total revenue decreased more sharply by 33.2% to ₹946.19 lakh, driven by a significant drop in other income.

Key Financial Metrics

The company’s total expenses rose 54.5% year-on-year to ₹3,193.91 lakh from ₹7,019.19 lakh. Project expenses accounted for ₹4,802.92 lakh, while changes in inventories provided a credit of ₹4,668.33 lakh. Finance costs remained relatively stable at ₹2,149.48 lakh, down slightly from ₹2,311.10 lakh in the prior year quarter.

What the Numbers Show

Other income constituted 42.2% of total standalone revenue in Q1FY27 (₹398.84 lakh against ₹946.19 lakh total), highlighting a continued dependency on non-operating sources given that operating revenue from real estate development remains low at ₹547.35 lakh. In contrast, other income dropped significantly from ₹830.84 lakh in Q1FY26, which had contributed 58.7% of total revenue that year.

Corporate Actions

The Board of Directors, in its meeting held on August 13, 2026, approved the dissolution of the Demerger Committee with immediate effect. The unaudited financial results were reviewed by Statutory Auditors Agrawal Tondon & Co., which issued an unmodified limited review report.

The Company noted that previous quarters included significant provisions for doubtful debts—₹3,254.34 lakh in Q4FY26 and ₹3,506.18 lakh in Q1FY26—making current quarter expenses non-comparable. Additionally, Emami Realty is a 10% profit partner in Lohitka Properties LLP, Mumbai; however, no effect of profitability has been considered in these results as the entity’s financials were not finalized.