Enviro Infra Engineers has scheduled meetings with analysts and investors on September 9 and 10, 2026. The sessions will be held in Mumbai.

Meeting details

The company has arranged dedicated sessions for analysts and investors across the two-day period. Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the management will conduct both group and one-on-one interactions. Discussions will be based on publicly available information.

Enviro Infra Engineers has proposed reallocating ₹4,445.57 lakh of its unutilized Initial Public Offering (IPO) proceeds to fund two Sewage Treatment Plant (STP) projects in Varanasi. The special resolution will be tabled at the company’s 16th Annual General Meeting (AGM) scheduled for September 16, 2026.

The Board of Directors approved the variation on August 21, 2026, citing the receipt of Letter of Awards for the development of STPs under the Namami Gange Programme. The move aims to deploy idle funds earmarked for unidentified acquisitions and issue expenses into identified growth opportunities within the company’s principal business.

Reallocation Details

The company intends to shift funds from two specific heads in its original IPO prospectus:

• Inorganic Growth: ₹4,319.25 lakh will be moved from the "Funding inorganic growth through unidentified acquisitions" head, which had ₹5,573.76 lakh unutilized as per the initial allocation.
• Issue Expenses: ₹126.32 lakh will be transferred from the "Issue Expenses" head, which had ₹126.32 lakh remaining.

These amounts will be infused into two wholly-owned subsidiaries: Varanasi DDU Nagar STP Private Limited and Varanasi Lohta STP Private Limited. The revised timeline for utilization is extended until March 31, 2027.

Project Scope

The reallocated funds support two Hybrid Annuity Model (HAM) projects with an aggregate value of ₹2,569.20 crore (excluding GST):

The company expects these projects to generate cash inflows through milestone payments and annuity receipts upon successful execution and operation.

AGM Logistics

The 16th AGM will be conducted via Video Conference or Other Audio-Visual Means (OAVM). Shareholders holding shares as of the record date, September 9, 2026, are eligible to vote. Remote e-voting commences on September 12, 2026, at 9:00 am and concludes on September 15, 2026, at 5:00 pm.

Other agenda items include the reappointment of Mr. Manish Jain as a director and approval of related-party transactions involving loans and guarantees up to ₹600 crore to step-down subsidiary Suyog Urja Limited.