Madhav Infra Projects Limited will convene a board meeting on Friday, May 29, 2026, to consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The meeting, scheduled under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be held at the company's registered office in Vadodara. The board will also review the auditor's report accompanying these financial statements.

In accordance with regulatory compliance, the trading window for dealing in the company's securities by designated persons and their immediate relatives has been closed since Wednesday, April 01, 2026. This restriction will remain in effect until 48 hours after the official announcement or declaration of the audited financial results for the period ending March 31, 2026.

The upcoming meeting follows an earlier intimation sent on March 27, 2026. The board's agenda includes the adoption and recording of the financial results as per Regulation 33 of the Listing Regulations, along with any other business that may be transacted with the chair's permission.

Meeting Details

The finalized financial results and associated disclosures will be made available on the company's website following the board meeting.

Madhav Infra Projects has executed 9 power purchase agreements with Madhya Pradesh Power Management Company Limited, aggregating to a total capacity of 73.15 MW. The agreements were signed under Regulation 30 disclosure dated April 23, 2026, and pertain to concessions awarded under Feeder level Solarization and PM-KUSUM C Yojana.

Agreement Details

The power purchase agreements establish a long-term partnership between Madhav Infra Projects and the state government undertaking for solar power generation.

Project Scope

The company will generate electricity through solar power projects having a cumulative capacity of 73.15 MW and sell the energy to Madhya Pradesh Power Management Company Limited at the approved tariff ranging from ₹2.71 to ₹2.73 per unit for the entire project tenure. The agreements are in continuation of intimations submitted on December 29, 2025, and January 6, 2026.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The company confirmed that neither the promoters nor promoter group have any interest in the entity that awarded the contract, and the transaction does not fall within related-party transactions.