Kaizen Agro Infrabuild shareholders approved the company’s audited financial results for FY26 and elected three new independent directors at its 21st annual general meeting held on September 18, 2026, in Kolkata.

The meeting was presided over by Ankur Hada, Managing Director and Chairman. He provided an overview of the company’s financial performance for the fiscal year ended March 31, 2026, and outlined future operational outlooks. The statutory and secretarial audit reports contained no qualifications or adverse comments.

Resolutions Passed

Shareholders voted on both ordinary and special business items using remote e-voting and physical ballot papers. Hemant Sharma, a practicing company secretary, served as the scrutinizer for the voting process. The e-voting period ran from September 15 to September 17, 2026.

Pawan Kumar Jhunjhunwala, who retires by rotation, was reappointed as a director. The board also inducted Deepa Garg, Meenu Jain, and Reema Magotra as non-executive independent directors.

Voting Analysis

Promoter group holding 19,248,646 shares voted 100% in favour across all resolutions via e-voting. Among public non-institutional shareholders, who hold 32,166,242 shares, participation was significant. A total of 20,327,060 votes were polled from this category, representing a 63.19% turnout rate.

Support from public non-institutional investors was near-unanimous. For the appointment of independent directors and Section 186 approvals, 99.99% of polled votes were in favour, with only 2,730 votes cast against. This indicates strong alignment between promoters and retail/institutional public stakeholders on governance changes.

Additionally, shareholders granted approval for loans, investments, or guarantees exceeding prescribed limits under Section 186 of the Companies Act, 2013. The voting results were declared based on the consolidated report from the scrutinizer, combining e-votes and ballot votes.

The meeting concluded at 11:00 am with a vote of thanks to the chair.

Kaizen Agro Infrabuild Limited has released its annual report for the financial year ended March 31, 2026, alongside the notice for its 21st Annual General Meeting (AGM). The meeting is scheduled for September 18, 2026.

The company reported a significant rise in revenue from operations to ₹7,032.34 lakh in FY26, compared to ₹1,967.64 lakh in FY25. However, net profit after tax declined slightly to ₹37.20 lakh from ₹38.92 lakh in the previous year.

Financial Performance

Revenue growth was driven by higher sales of products, which stood at ₹7,032.34 lakh in FY26 versus ₹1,412.79 lakh in FY25. Other operating revenues, which contributed ₹554.85 lakh in FY25, were nil in the current year.

Despite the revenue surge, cost of goods sold increased to ₹6,876.76 lakh from ₹1,848.65 lakh. Employee benefit expenses decreased marginally to ₹48.73 lakh from ₹51.51 lakh. Other income turned negative at -₹4.14 lakh, down from ₹97.69 lakh in FY25.

Balance Sheet Highlights

Total assets grew to ₹15,364.66 lakh from ₹11,814.08 lakh. Trade receivables saw a substantial increase to ₹9,448.73 lakh from ₹2,731.62 lakh. Cash and cash equivalents dropped significantly to ₹3.32 lakh from ₹91.07 lakh. Shareholder's fund decreased slightly to ₹11,206.40 lakh from ₹11,533.28 lakh.

AGM Details and E-Voting

The 21st AGM will be held on Friday, September 18, 2026, at 10:30 am at Diamond Plaza in Kolkata. Shareholders can participate via remote e-voting from Tuesday, September 15, 2026, at 9:00 am until Thursday, September 17, 2026, at 5:00 pm.

M/s. Hemant Sharma & Associates has been appointed as the scrutinizer for the e-voting process.

Board Appointments

The board approved the re-appointment of retiring director Pawan Kumar Jhunjhunwala and the appointment of three new non-executive independent directors: Deepa Garg, Meenu Jain, and Reema Magotra. These appointments are subject to shareholder ratification at the AGM.

Deepa Garg, Meenu Jain, and Reema Magotra will serve five-year terms commencing from June 29, 2026. All three are qualified Company Secretaries with experience in corporate governance and legal compliance.

Corporate Actions

The board considered and approved loans, investments, guarantees, or security in excess of prescribed limits under Section 186 of the Companies Act, 2013. This resolution requires shareholder approval at the AGM. The authorization allows the board to utilize funds for strategic business objectives within regulatory limits.