GHV Infra Projects Limited has appointed three new independent directors for five-year terms following approvals at its 49th Annual General Meeting held on September 25, 2026.

The appointments include Mr. Dhanraj Onduji Tawade, Mr. Manoj Aggarwal, and Mr. Swarup Dasgupta. Each director was approved for a first term of five consecutive years, effective from August 10, 2026, to August 9, 2031. The meeting also ratified the reclassification of Mrs. Husena Madam from the promoter group to the public shareholder category.

Board composition and governance updates

Shareholders voted on several key governance matters through remote e-voting and live e-voting. The agenda included the retirement by rotation of Mr. Shivrudrappa Anandappa Hanjage, who offered himself for reappointment. The newly appointed independent directors bring diverse expertise to the board:

• Mr. Dhanraj Onduji Tawade (DIN: 02911849): A civil engineering professional with approximately 37 years of experience in the Government of India. He retired as Member (Technical) at the National Highways Authority of India (NHAI) under the Ministry of Road Transport & Highways.
• Mr. Manoj Aggarwal (DIN: 07189255): A retired Indian Administrative Service officer of the Gujarat Cadre, 1990 batch, with over 45 years of experience in public administration and infrastructure development.
• Mr. Swarup Dasgupta (DIN: 09138124): A banking professional with over four decades of experience in corporate credit and risk management. He currently serves as Advisor - Corporate Credit with Punjab & Sind Bank.

The company confirmed that none of the appointed directors are related to existing directors or debarred from holding office by SEBI or other authorities.

Financial statement adoption and voting details

The AGM considered the adoption of audited financial statements, including consolidated figures, for the fiscal year ended March 31, 2026. The Company Secretary confirmed that there were no qualifications, observations, or adverse remarks in the reports of the Statutory Auditors, Secretarial Auditors, or Cost Auditors that would negatively impact the company's functioning. Consequently, these reports were taken as read with member consent.

Another ordinary resolution sought to ratify the remuneration payable to the Cost Auditor for FY27. Voting results were to be declared within two working days of the meeting. The combined report would be communicated to stock exchanges and uploaded on the company website and NSDL platform. Attendance data indicated low physical proxy presence but active digital participation:

The quorum was ascertained prior to the commencement of business. The proceedings began at 3:00 pm and concluded at 3:40 pm, including a 15-minute window for e-voting during the session. No physical attendance was recorded, with participation limited to electronic means via NSDL’s Zoom platform.

GHV Infra Projects has scheduled its 49th Annual General Meeting for September 25, 2026. The meeting will be held via video conference at 3:00 pm IST to address ordinary and special business items.

The company disclosed the notice under Regulations 30 and 34 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Annual Report for FY26 is available on the company website.

Board Appointments

The company seeks shareholder approval to appoint three new independent directors. Mr. Dhanraj Onduji Tawade, Mr. Manoj Aggarwal, and Mr. Swarup Dasgupta were initially appointed as additional directors on August 10, 2026. Their terms will expire on the day of the AGM unless regularized by shareholders.

All three directors have been recommended by the Nomination and Remuneration Committee for five-year terms ending on August 9, 2031. They are not liable to retire by rotation.

Additionally, the meeting will consider the re-appointment of Mr. Shivrudrappa Anandappa Hanjage, who retires by rotation.

Promoter Reclassification

Shareholders will vote on reclassifying Husena A. Musamji from the 'Promoter' category to the 'Public' category. She holds 37,50,000 shares, representing 5.20% of the company's equity. The BSE Limited issued a no-objection letter dated August 17, 2026, facilitating this change under Regulation 31A of the SEBI Listing Regulations.

Ms. Musamji has confirmed she does not hold more than 10% of voting rights, exercises no control over company affairs, and is not represented on the board. She also affirmed she is neither a wilful defaulter nor a fugitive economic offender.

Other Agenda Items

The board proposes ratifying the remuneration of M/s. Jitendrakumar & Associates as Cost Auditors for FY27. The approved fee is ₹2,00,000 plus applicable taxes. Members whose email addresses are registered with the company or depositories will receive the notice electronically.