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.

GHV Infra Projects has received regulatory approval for the reclassification of a key promoter shareholder, marking a shift in its ownership structure. The Bombay Stock Exchange (BSE) granted no-objection to the request on August 17, 2026, allowing Mrs. Husena A. Musamji to be moved from the 'Promoter and Promoter Group' / 'PAC' category to the 'Public' category. This decision follows an application filed by the company on May 26, 2026.

The reclassification pertains to a significant block of shares held by Mrs. Musamji. Under the approved terms, her holding will no longer be subject to the stricter transfer restrictions and disclosure norms applicable to promoters under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations. Instead, these shares will fall under the public shareholder category, which typically carries different compliance obligations regarding lock-in periods and substantial acquisition disclosures.

Shareholding Details

The specific details of the reclassified stake are outlined below:

This transaction does not involve any change in the actual number of shares held by Mrs. Musamji but alters their classification within the company’s shareholding pattern. The company, formerly known as Sindu Valley Technologies Limited, confirmed the receipt of the approval letter from the BSE, numbered LIST/COMP/SJ/174/2026-27.

Regulatory Compliance

The approval was processed in accordance with Regulation 31A of the SEBI LODR Regulations, 2015. This regulation governs the reclassification of promoter group members to the public category, ensuring that such moves do not adversely affect the interests of minority shareholders or the market integrity. The BSE has mandated that GHV Infra Projects continue to comply with subsequent relevant disclosures of material events related to this reclassification.

Daksh Tulsibhai Mewada, Company Secretary and Compliance Officer at GHV Infra Projects, signed the intimation letter addressed to the BSE. The exchange officials who authorized the no-objection were Jayshree Soni, Deputy Vice President, and Sayli Jadhav, Deputy Manager, both from the Listing Compliance department.

What the Numbers Show

The reclassification of 5.20% of the total equity from the promoter category to the public category increases the publicly traded float of the company. While the source document does not disclose the previous public float percentage, this structural change generally enhances liquidity by expanding the pool of shares available for trading without promoter lock-in restrictions. The move is purely administrative in nature regarding share count, as the absolute number of shares held by Mrs. Musamji remains unchanged at 37,50,000.