IRB Infrastructure Developers scheduled its 28th annual general meeting for September 22, 2026, and approved the reappointment of Ravindra Dhariwal as a non-executive director. The company released its integrated annual report for FY26 alongside the notice.

The AGM will be conducted via video conferencing at 11:30 am on Tuesday, September 22, 2026. Shareholders can access the notice and the annual report for the financial year ended March 31, 2026, on the company website and stock exchange portals. The report is being sent to members via email in compliance with Ministry of Corporate Affairs and SEBI circulars.

Director Continuation

Mr. Dhariwal, who holds DIN 00003922, retires by rotation as he will attain the age of 75 in September 2027. The Nomination and Remuneration Committee reviewed and recommended his continuation to the full board. His reappointment is subject to shareholder ratification at the upcoming AGM via a special resolution.

Mr. Dhariwal is not debarred from holding office under any SEBI order or other regulatory authority. He has no familial relationship with other directors on the board.

Profile Overview

Mr. Dhariwal serves as Co-founder and Chairman of Sagacito Technologies, a data analytics firm. His professional background includes roles as Group CEO of Bennett, Coleman & Co. Ltd (The Times Group) and Worldwide President of the International News Media Association from 2011 to 2013.

Prior to his media sector leadership, he spent 12 years with PepsiCo as its first employee in India, overseeing beverage business expansion across India, Africa, and Southeast Asia. He began his career at Unilever in 1977, holding sales and marketing leadership positions in India and Australia.

Special Business Agenda

The AGM agenda includes ratifying the remuneration for Joshi Apte & Associates, Practicing Cost Accountant, for the cost records audit for FY27. The approved fee is ₹3,00,000 per annum plus applicable taxes and reimbursement of out-of-pocket expenses at actuals.

Corporate Governance Compliance

The disclosure aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023. The filing also references BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. CML/2018/02 dated June 20, 2018.

Members holding shares in physical mode are requested to update KYC details with Registrar and Share Transfer Agent KFin Technologies Limited to ensure eligibility for electronic payments including dividends. Letters are being dispatched to members without registered email addresses providing weblinks to access the annual report.

E-Voting Logistics

Remote e-voting for the AGM commences on Thursday, September 17, 2026, at 9:00 am and ends on Monday, September 21, 2026, at 5:00 pm. Members holding shares as on the cut-off date of Tuesday, September 15, 2026, are eligible to vote electronically through KFin Technologies Limited.

Shareholders who have not cast their votes via remote e-voting may do so during the AGM. Those who have already voted remotely may attend the meeting but cannot vote again. Once a vote is cast, it cannot be altered. New members acquiring shares after the notice dispatch but before the cut-off date can obtain login credentials by contacting KFin Technologies Limited.

The board meeting commenced at 3:00 pm and concluded at 4:10 pm. Mehul Patel, Company Secretary, certified the outcome.

IRB Infrastructure Developers has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The filing covers consolidated disclosures across its highway infrastructure operations and subsidiaries.

The report includes verified sustainability data assured by M/s. Carbon Check India Pvt. Ltd. under ISAE 3000 standards. It outlines performance against the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).

Environmental Performance

The company reported total energy consumption of 1,473,193.23 Giga Joules in FY26, up from 1,413,838.66 GJ in the prior year. Renewable sources contributed 12,038.08 GJ, representing approximately 1% of total consumption. Energy intensity per lane kilometer decreased to 82.06 GJ from 88.13 GJ in FY25.

Greenhouse gas emissions (Scope 1 and Scope 2) totaled 139,412.71 MT CO2e, rising from 128,092.26 MT CO2e in FY25. Emission intensity per lane kilometer fell to 7.77 MT CO2e from 7.98 MT CO2e.

Water consumption increased significantly to 2,341,885.80 kilolitres from 1,424,815.35 KL. Water intensity per lane kilometer rose to 130.45 KL from 88.82 KL. Total waste generated dropped sharply to 281,757.36 metric tonnes from 745,297.76 MT, with a recovery rate of 99.07%.

Social Metrics

IRB employed 2,827 permanent employees and 3,446 workers at year-end. Female representation among permanent employees stood at 3.75%, while female workers accounted for 5.34% of the workforce. Gross wages paid to females constituted 6.09% of total wages, down from 6.57% in FY25.

Safety metrics improved with a Lost Time Injury Frequency Rate (LTIFR) of 0 for both employees and workers, compared to 0.022 and 0.043 respectively in FY25. No fatalities were recorded. Spending on employee well-being measures rose to 0.041% of revenue from 0.032%.

Governance and Operations

The company reported 413 shareholder complaints received during FY26, all resolved by year-end. Related-party transactions accounted for 36% of sales and 100% of loans and advances. Accounts payable days decreased to 25.57 days from 47.52 days.

What the Numbers Show

Waste generation intensity declined substantially despite operational expansion. Total waste generated fell by over 62% to 281,757.36 MT, while waste intensity per lane kilometer dropped from 46.46 MT to 15.69 MT. This divergence suggests improved material efficiency or changes in project mix, as the company added operational lane kilometers during the period.