HEC Infra Projects has scheduled its 21st Annual General Meeting (AGM) for Friday, September 18, 2026, at 12:00 Noon via Video Conferencing or Other Audio Visual Means (OAVM). The Board of Directors, in a meeting held on July 23, 2026, approved the convening of the meeting to seek shareholder ratification for the appointment of secretarial and cost auditors, ensuring compliance with the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and relevant Ministry of Corporate Affairs (MCA) circulars.

Shareholders can exercise voting rights through remote e-voting from 9:00 A.M. on Tuesday, September 15, 2026, until 5:00 P.M. on Thursday, September 17, 2026. The cut-off date for determining voting entitlement is Friday, September 11, 2026. E-voting during the AGM will close 15 minutes after the meeting concludes.

Auditor Appointments

The Board approved the following appointments, based on the recommendation of the Audit Committee, subject to shareholder approval at the AGM:

• Secretarial Auditor: M/s. Kashyap R. Mehta & Partners, Practising Company Secretaries, for five consecutive financial years from FY27 to FY31.
• Cost Auditor: M/s. P. H. Desai & Co., Cost Accountants, for the financial year 2026-27.

Auditor Profiles

What the Numbers Show

The appointment of a secretarial auditor for a five-year tenure indicates a focus on long-term governance stability and compliance continuity. This multi-year mandate aligns with regulatory requirements under Section 204 of the Companies Act, 2013, reducing administrative overhead associated with annual reappointments while ensuring consistent oversight of corporate law adherence.

HEC Infra Projects Ltd has decided to form a new subsidiary, Shivam Grid Solutions Private Limited, to expand its business operations into electrical, mechanical, and engineering support services. The board of directors approved the proposal during a meeting held on July 14, 2026. The new entity will focus on providing technical manpower supply services alongside its core engineering activities.

The proposed subsidiary will be incorporated in India as a private limited company. HEC Infra Projects Ltd will hold a controlling stake in the entity by subscribing to 51% of the equity shares. The subscription will be made through cash consideration towards the Memorandum and Articles of Association of the proposed company.

The disclosure regarding the formation of the subsidiary was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that necessary updates regarding the incorporation would be provided once the subsidiary is formally established.

The board meeting commenced at 4.00 pm IST and concluded at 5.00 pm IST. The approval marks a strategic expansion for the engineering consultants and contractors, allowing it to diversify its service offerings through the new entity.

Details of the Proposed Subsidiary