KCL Infra Projects shareholders approved the adoption of audited financial statements for FY26 during the 31st Annual General Meeting held on September 30, 2026. The meeting, conducted via video conferencing, also ratified the re-appointment of director Rahul Khande.

The resolutions were passed with the requisite majority. The meeting commenced at 11:00 am and concluded by 11:11 am at the company's registered office in Mumbai, which served as the deemed venue under the virtual format.

Meeting attendance and quorum

The company disclosed specific participation metrics for the virtual meeting. As of the record date of September 23, 2026, there were 36,259 total shareholders. However, only 68 members participated in the proceedings via the Video Conferencing/Other Audio Visual Means (VC/OAVM) facility. This included one representative from the Promoters and Promoter Group and 67 public shareholders.

Key resolutions passed

Shareholders voted on three ordinary business items, all of which received approval:

Director re-appointment details

Rahul Khande (DIN: 08095192) was re-appointed as a director liable to retire by rotation. He offered himself for re-appointment and was confirmed by the members. The Managing Director, Mohan Jhawar (DIN: 00495473), signed off on the corporate announcement submitted to BSE Limited.

The approval of statutory auditor appointment and their remuneration ensures continuity in the company's financial oversight framework for the upcoming period. CS Asha Bhachawat of M/s. Asha & Associates served as the Scrutinizer to supervise the e-voting process, with results to be disclosed by October 5, 2026.

KCL Infra Projects will hold its 31st Annual General Meeting (AGM) on September 30, 2026. The meeting will be conducted via video conferencing or other audio-visual modes from the company’s registered office in Mumbai.

The board previously approved the annual report and fixed the AGM date during its meeting on September 5, 2026. The session concluded at 3:40 pm at the company's registered office. Directors considered and approved the Board's Report, Report on Corporate Governance, Management Discussion and Analysis Report, and Secretarial Audit Report for the year ended March 31, 2026.

Financial Performance

Revenue from operations jumped 308% year-on-year to ₹5,880.37 lakh from ₹1,217.05 lakh in FY25. This growth was primarily fueled by a surge in civil works revenue, which rose to ₹5,677.83 lakh from ₹179.44 lakh in the previous year.

Profit after tax (PAT) more than tripled to ₹165.96 lakh, compared to ₹52.07 lakh in FY25. Profit before tax increased to ₹250.04 lakh from ₹73.79 lakh. Other income also contributed positively, rising to ₹374.69 lakh from ₹316.17 lakh.

What the Numbers Show

While revenue grew significantly, total expenses expanded at a similar pace (311%), indicating that the cost structure scaled alongside operational activity. Finance costs decreased slightly to ₹53.81 lakh from ₹57.43 lakh, helping preserve margins despite the volume increase. Depreciation expenses fell to ₹4.67 lakh from ₹6.51 lakh, reflecting changes in asset utilization or composition.

AGM Agenda and Details

The primary business items for the upcoming AGM include:

• Adoption of Financial Statements: Shareholders will receive, consider, and adopt the audited financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Re-appointment of Director: Mr. Rahul Khande (DIN: 08095192), an Executive Director with qualifications in B.Com and MBA, is liable to retire by rotation. Being eligible, he has offered himself for re-appointment. He currently holds no shares in the company and receives no remuneration.
• Appointment of Statutory Auditor: The board proposes appointing M/s C. N. Jain & Co., Chartered Accountants (FRN: 103895W), as statutory auditors. The firm, led by signing partner CA Chatarlal N. Jain, will hold office for five consecutive years from the conclusion of the 31st AGM until the conclusion of the 36th AGM. This appointment replaces M/s Scan & Co., which resigned effective September 4, 2026, citing preoccupation with other professional assignments.

The meeting is scheduled for Wednesday, September 30, 2026, at 11:00 am. The deemed venue is the Registered Office at 606, Reliable Business Centre, New Link Road, Anand Nagar, Oshiwara, Jogeshwari West, Mumbai-400102.

The book closure period is set from September 24, 2026, to September 30, 2026. The cut-off date for determining voting eligibility is September 23, 2026. Remote e-voting will commence on September 27, 2026, at 9:00 am and end on September 29, 2026, at 5:00 pm.

Administrative Appointments

The board appointed CS Asha Bhachawat of M/s Asha & Associates as the scrutinizer for the e-voting and voting process at the upcoming AGM.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE469F01026/f78779e0-a61d-47a6-8ee8-a737fffd0106.pdf Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE469F01026/8ff0503a-e409-4419-a84d-98813b560319.pdf