Kedia Construction Company Limited will hold its 45th Annual General Meeting on September 23, 2026. The event is scheduled to take place via Video Conferencing or Other Audio Visual Means (VC/OAVM) at 12:00 pm.

The meeting aims to transact the businesses set out in the Notice convening the said Meeting and the Explanatory Statement thereto. Members can attend and participate through the VC/OAVM facility.

E-Voting and Book Closure

The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility. The cut-off date for determining eligibility to vote is Tuesday, September 15, 2026.

Ms. Kala Agarwal, Practicing Company Secretary, has been appointed as the Scrutinizer for conducting the e-voting process.

Regulatory Compliance

The company states it is in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI Listing Regulations. Electronic copies of the Notice of AGM and Annual Report for the financial year ended March 31, 2026 were sent on August 28, 2026.

Kedia Construction Company Limited reported a net loss of ₹232.72 lakh for the fiscal year ended March 31, 2026, reversing the previous year's profit of ₹39.25 lakh.

The company notified the Bombay Stock Exchange on August 28, 2026, regarding its 45th Annual General Meeting scheduled for September 23, 2026. The meeting aims to adopt the audited standalone financial statements and ratify related-party transactions.

Financial Performance

Revenue from operations fell to ₹55.00 lakh in FY26, down from ₹68.25 lakh in the restated previous year. Total income stood at ₹83.55 lakh, supported by other income of ₹28.55 lakh, which included gains on fair valuation of investments and interest receipts.

Expenses surged significantly to ₹313.12 lakh, compared to ₹32.73 lakh in the prior year. This increase was primarily driven by a change in inventories of ₹239.33 lakh and employee benefit expenses of ₹38.72 lakh. Consequently, profit before tax turned negative at (₹229.57) lakh.

Balance Sheet and Cash Position

As of March 31, 2026, total assets stood at ₹1,576.53 lakh. Current assets comprised ₹1,565.21 lakh, with inventories accounting for ₹1,215.44 lakh and current investments at ₹285.21 lakh. Cash and cash equivalents were ₹49.29 lakh.

Total equity decreased to ₹1,484.58 lakh from ₹1,717.31 lakh in the previous year, reflecting the current year's loss. The company had no non-current liabilities and minimal current liabilities of ₹91.94 lakh.

What the Numbers Show

The divergence between stable total income and exploding expenses highlights a structural shift in cost dynamics. While operational revenue declined by nearly 20%, total income remained flat due to higher other income, largely from investment fair value gains. However, this was insufficient to offset a tenfold increase in total expenses, driven predominantly by inventory adjustments and higher employee costs, resulting in a significant erosion of retained earnings.

Related Party Transactions

Shareholders will vote on the ratification of existing and proposed related-party contracts conducted on an arm's-length basis. Key transactions include managerial remuneration for Akash Bate (₹6.90 lakh) and Pooja Choubey (₹2.04 lakh), and service charges received from Nitin Castings Limited (₹55.00 lakh).

Mr. Nitin Kedia and his relatives are interested in the resolution. No other directors or key managerial personnel have a financial interest.

Governance and Logistics

The meeting will be conducted via Video Conferencing or Other Audio-Visual Means without physical presence. Remote e-voting through National Securities Depository Limited opens on September 18, 2026, at 9:00 am and closes on September 22, 2026, at 5:00 pm.

The record date for voting eligibility is September 15, 2026. The register of members and share transfer books remain closed from September 16, 2026, to September 22, 2026.