Kalpataru Projects declares ₹11 dividend, approves FY26 accounts

Kalpataru Projects International declared a final dividend of ₹11 per equity share for the financial year ended March 31, 2026, during its 45th Annual General Meeting held on July 15, 2026. The meeting, chaired by Non-Executive Chairman Mr. Mofatraj P. Munot, approved the adoption of the audited standalone and consolidated financial statements for the year. All resolutions presented to the shareholders were passed with the requisite majority, including key governance and statutory appointments.

The company approved the ratification of the remuneration of Cost Auditors for the financial year ending March 31, 2027. In addition to the financial approvals, the board secured shareholder approval for the re-appointment of Mr. Parag M. Munot, who retires by rotation. Mr. Gautam Mehra was appointed as an Independent Director, and shareholders granted authority under Section 180(1)(a) of the Companies Act, 2013.

Voting Results

The voting process was conducted via remote e-voting and e-voting during the AGM, scrutinized by Mr. Urmil Ved, Practicing Company Secretary. A total of 1,22,476 shareholders were on record as of the cut-off date of July 8, 2026. The resolutions saw significant participation, with the final dividend proposal receiving over 140.9 million votes in favour.

Resolution	Votes For	Votes Against	% For	% Against
Adoption of Financial Statements	140,691,676	107	99.9999	0.0001
Final Dividend of ₹11 per share	140,938,813	102	99.9999	0.0001
Re-appointment of Mr. Parag M. Munot	132,851,098	8,064,680	94.2770	5.7230
Ratification of Cost Auditor Remuneration	140,937,808	1,107	99.9992	0.0008
Appointment of Mr. Gautam Mehra	140,888,631	49,945	99.9646	0.0354
Authority under Section 180(1)(a)	130,016,057	10,922,503	92.2502	7.7498

Meeting Proceedings

The AGM was conducted through Video Conferencing and Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars and SEBI regulations. Mr. Manish Mohnot, Managing Director & CEO, responded to shareholder queries during the session. The remote e-voting period commenced on July 11, 2026, and concluded on July 14, 2026, prior to the meeting. The scrutinizer's report confirmed that the electronic voting data was unblocked and witnessed post-conclusion of the meeting.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.71%	-0.92%	+1.24%	+14.88%	+8.57%	+191.19%

Kalpataru Projects International and its international subsidiaries have secured new orders and notifications of awards worth approximately ₹2,957 crore. The orders span the Power Transmission & Distribution (T&D) business in India and overseas markets, the Buildings and Factories (B&F) business in India, and the Water business in the Middle East. The Water business order was secured through a joint venture or consortium, marking the company's strategic entry into the Middle East region.

Manish Mohnot, MD & CEO, KPIL, stated that the new order wins reinforce the company's market leadership in India and select global markets. He highlighted that successive wins in the B&F business from marquee clients underscore the company's commitment to best-in-class capabilities and timely execution. The management remains confident in achieving growth targets for FY26–27, driven by a strongly diversified order book and robust visibility across businesses.

Order Book Details

The following table outlines the business verticals and regions for the newly secured orders:

Business Vertical	Region
Power Transmission & Distribution (T&D)	India and overseas market
Buildings and Factories (B&F)	India
Water	Middle East (Joint Venture/Consortium)

Company Overview

Kalpataru Projects International Limited is a diversified Engineering, Procurement and Construction (EPC) company. For the year ended March 31, 2026, the company reported a consolidated revenue of ₹27,143 crore, a net profit of ₹1,031 crore, and an order book of ₹65,457 crore. The company's operations span power transmission & distribution, buildings & factories, water supply & treatment, railways, oil & gas infrastructure, urban mobility, highways, and airports. KPIL currently executes projects in over 25 countries and has a footprint in more than 75 countries across Asia, Africa, the Middle East, the Americas, and Europe.