Ganesh Housing Limited has informed stock exchanges that the name of its Secretarial Auditor has changed from M/s. ALAP & Co. LLP to M/s. Prasad and Partners LLP. The update was communicated on September 25, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company clarified that this modification is strictly a change in the firm's nomenclature. There is no alteration to the terms, tenure, or scope of the appointment originally made for the period from April 1, 2025, to March 31, 2030.

Appointment details remain unchanged

The intimation references an earlier disclosure dated June 20, 2025, which confirmed the appointment of M/s. ALAP & Co. LLP as the Secretarial Auditor for a five-year term. The new entity, M/s. Prasad and Partners LLP, assumes the role under identical conditions.

The company requested both BSE Limited and National Stock Exchange of India Limited to update their records with the revised auditor name.

Ganesh Housing shareholders approved a final dividend of ₹1.50 per equity share for FY26 at its 35th annual general meeting held on September 11, 2026. The resolution passed with near-unanimous support, reflecting strong backing for the company's capital return plan.

The meeting also saw the reappointment of three retiring directors: Dipakkumar G. Patel, Anmol D. Patel, and Amanvir S. Patel. All three resolutions were approved by ordinary majority.

Voting Participation and Results

Total votes polled stood at 68,460,774, representing 82.10% of the outstanding shares held by members entitled to vote as on the cutoff date of August 31, 2026. The promoter group, holding 60,922,084 shares, participated heavily via remote e-voting, casting votes on 97.32% of their holdings for non-related-party resolutions.

Related-Party Transactions

The agenda included seven material related-party transactions involving group companies and promoter entities. In compliance with regulatory norms, the promoter group abstained from voting on these items. Consequently, the outcome depended entirely on non-promoter shareholders.

Public institutions voted against several transactions, including those with Madhukamal Real Estate Investment Private Limited and Mahavir (Thaltej) Complex Private Limited. However, strong support from non-institutional public shareholders ensured all related-party resolutions passed.

• Transactions with group entities received 96.52% approval from eligible votes.
• Deals involving promoter individuals secured 96.50% approval.
• The transaction with Urbanaac Infrastructure Private Limited garnered nearly unanimous support at 99.99%.

What the Numbers Show

The voting pattern highlights a clear divergence between institutional and retail shareholder sentiment on related-party dealings. While public institutions voted against over 98% of certain promoter-linked transactions, non-institutional public shareholders voted in favour at rates exceeding 99.99%. This suggests that retail investors remain aligned with management's strategic partnerships, whereas institutional holders may be exercising greater scrutiny on specific deal structures.