Gayatri Highways Limited approved a material related party transaction to enter into a loan agreement of up to ₹150 crore with Gayatri Projects Limited (GPL). This resolution was passed during the company's 20th Annual General Meeting (AGM) held on September 29, 2026.

The meeting, conducted via Video Conferencing and Other Audio Visual Means, also addressed the appointment of new statutory auditors. Members approved the appointment of M/s. PPKG & Co., Chartered Accountants, to fill the casual vacancy caused by the resignation of the previous auditors, M/s. PRSV & Co. LLP.

Auditor appointments and financial adoption

The AGM agenda included the adoption of the audited standalone and consolidated financial statements for FY26. The company disclosed that the previous statutory auditors, M/s. PRSV & Co. LLP, had issued their report with qualifications for both standalone and consolidated statements. The management provided explanations for these qualifications in the Board's Report circulated prior to the meeting.

In contrast, the Secretarial Auditors, M/s. V Shankar & Co., issued a clean report with no qualifications or adverse observations for the same period. The newly appointed firm, M/s. PPKG & Co., will serve as the statutory auditors going forward.

Key resolutions passed

The following ordinary resolutions were considered and approved by the members:

Governance and voting details

Mr. C.N. Kranthi Kumar, Company Secretary in Practice, served as the scrutinizer for the e-voting process. The Chairman, Mr. M.V. Narasimha Rao, noted that the consolidated results of the remote and on-meeting e-voting would be announced within two working days. The CEO, Mr. K.G. Naidu, addressed members regarding the company's performance and future outlook during the session.

Gayatri Highways Ltd has confirmed the schedule for its 20th Annual General Meeting (AGM), scheduled for September 29, 2026. The company also disclosed the remote e-voting window and book closure dates in a regulatory filing dated September 4, 2026.

The meeting will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM) at 3:30 pm. Shareholders holding shares as on the cut-off date of September 22, 2026, are eligible to vote. The register of members and share transfer books will remain closed from September 23 to September 29, 2026.

E-Voting Schedule

The company engaged KFin Technologies Limited to facilitate remote e-voting. The e-voting module will be open for four days:

• Start Date: September 25, 2026, at 9:00 am
• End Date: September 28, 2026, at 5:00 pm

Shareholders who have not cast their votes remotely can exercise their voting rights during the e-AGM. However, those who vote remotely cannot vote again during the meeting. Mr. C.N. Kranthi Kumar, Practising Company Secretary, has been appointed as the scrutinizer to oversee the e-voting process.

Auditor Appointment Recap

Earlier, on August 29, 2026, the board appointed M/s. PPKG & Co., Chartered Accountants, as statutory auditor to fill a casual vacancy following the resignation of PRSV & Co. LLP. Shareholders will approve the firm's term from the conclusion of the ensuing 20th AGM until the conclusion of the 25th AGM.

Key Dates and Logistics

Regulatory Compliance

The disclosure aligns with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was published in Business Standard and Andhra Prabha on September 4, 2026. Electronic copies of the notice and Annual Report for FY25-26 were dispatched to members with registered email addresses on September 3, 2026.