Goel Construction Company Limited will hold its 29th Annual General Meeting (AGM) on Monday, August 31, 2026, through Video Conference (VC) or Other Audio Visual Means (OAVM). The company has opened a remote e-voting window from August 28 to August 30, 2026, allowing shareholders to cast their votes electronically before the meeting commences. This virtual format ensures broader accessibility for members while adhering to statutory requirements under the Companies Act, 2013, and relevant SEBI regulations.

The proceedings comply with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company follows Ministry of Corporate Affairs (MCA) General Circular Nos. 14/2020 dated April 8, 2020, and 17/2020 dated April 13, 2020, regarding the passing of resolutions. The latest guidance includes MCA General Circular No. 03/2025 dated September 22, 2025. These frameworks mandate specific protocols for remote participation and electronic voting to ensure transparency.

Shareholders holding shares as of the cut-off date, Monday, August 24, 2026, are entitled to vote. The company has engaged MUFG Intime India Private Limited as its Registrar and Share Transfer Agent (RTA) to facilitate remote e-voting. Members who acquired shares after the dispatch of the notice but hold them on the cut-off date may obtain login credentials by emailing enotices@in.mpmis.mufg.com . Once a vote is cast during the remote period, it cannot be changed or recast.

The Notice of the AGM and the Annual Report for the Financial Year 2025-26 have been dispatched electronically to members with registered email IDs. For those without registered emails, a letter containing a web-link to access these documents has been sent. The documents are also available on the company’s website at www.goelconstruction.co.in , the BSE Limited website at www.bseindia.com , and the RTA’s platform at https://investor.livetime.com.in/ .

Key Dates and Details

Members attending the meeting via VC/OAVM are counted toward the quorum under Section 103 of the Companies Act, 2013. Detailed instructions for joining the meeting and casting votes are provided in the Notice of the AGM. Any grievances related to e-voting should be directed to the Company Secretary at contact@goelconstruction.co.in or the RTA at investor.helpdesk@in.mpmis.mufg.com .

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0ZOM01013/edb28e4a-bd01-4051-86b1-c1f8d222dfd1.pdf

Goel Construction Company Limited delivered robust financial performance in FY26, with profit after tax (PAT) rising 21% to ₹46.3 crore, while revenue from operations grew 11.4% to ₹657.3 crore. The company’s closing order book reached a record high of ₹1,291 crore, nearly tripling from the previous year’s ₹438.5 crore, following order inflows exceeding ₹1,500 crore during the fiscal year. This growth trajectory positions the industrial construction firm for sustained revenue visibility amid India’s infrastructure expansion cycle.

The Board of Directors approved the financial results and recommended increasing the company’s borrowing and granting powers from ₹300 crore to ₹1,200 crore each. Shareholders will vote on this proposal, along with the re-appointment of Chairman Purushottam Dass Goel and the regularization of Sushil Kumar Wali as an Independent Director, at the 29th Annual General Meeting (AGM) scheduled for August 31, 2026. The meeting will be conducted via video conference or other audio-visual means.

Financial Performance Highlights

Operating profitability improved ahead of top-line growth, reflecting stronger project controls and efficient absorption of fixed overheads. EBITDA expanded by 15.2% to ₹66.7 crore, with the EBITDA margin widening by 34 basis points to 10.15%, its highest ever. The improvement in bottom-line performance was further supported by lower finance costs following the repayment of borrowings using proceeds from the company’s Initial Public Offer (IPO).

Governance and Strategic Initiatives

The Board also approved the Board’s report and audited financial statements for the year ended March 31, 2026. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the outcome of the board meeting held on August 7, 2026. The increase in borrowing and granting powers requires explicit shareholder consent under Section 180(1)(c) and Section 180(1)(a) of the Companies Act, 2013, respectively, enabling greater capital deployment flexibility for future large-scale projects.

Mr. Sushil Kumar Wali, who brings over 45 years of experience in the cement and manufacturing sector, was appointed as an Additional Independent Director on March 18, 2026. His regularization is subject to shareholder approval at the upcoming AGM. The Board also took on record the Secretarial Audit Report and Cost Audit Report for FY26, ensuring compliance with statutory requirements under the Companies Act, 2013.

What the Numbers Show

The significant expansion in the order book—driven by inflows exceeding ₹1,500 crore—signals strong market demand for Goel Construction’s specialized industrial projects in cement, power, and dairy sectors. The simultaneous improvement in EBITDA margins despite higher revenue suggests effective cost management and operational leverage. The proposed four-fold increase in borrowing limits aligns with the company’s strategy to undertake larger, more complex projects, leveraging its strengthened balance sheet post-IPO.