Nacdac Infrastructure publishes AGM notice for Sept 29 meeting
- Nacdac Infrastructure published its 14th AGM notice on September 6, 2026
- The meeting is scheduled for September 29, 2026, via VC/OAVM
- Shareholders will vote on revised remuneration ceilings for top management
- E-voting runs from September 26 to September 28, 2026
*this image is generated using AI for illustrative purposes only.
Nacdac Infrastructure has published the notice for its 14th Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026. The Ghaziabad-based firm will hold the meeting via Video Conferencing or Other Audio-Visual Means (VC/OAVM).
The company confirmed the publication of the AGM notice in newspapers on September 6, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations. The notice was published in Financial Express (English) and Jansatta (Hindi).
AGM Logistics
Central Depository Services (India) Limited (CDSL) serves as the remote e-voting agency. M/s. Anu Malhotra and Associates, Practicing Company Secretaries, act as the Scrutinizer.
Key dates for shareholders are as follows:
| Event | Date | Time |
|---|---|---|
| Cut-off date for voting eligibility | September 22, 2026 | N/A |
| Remote e-voting period | September 26–28, 2026 | 9:00 am – 5:00 pm |
| AGM Date | September 29, 2026 | 4:00 pm |
The Directors' Report and Annual Report for FY26 are available on the company’s official website. Members holding shares in dematerialized form as of the cut-off date may cast votes electronically. Those holding physical shares must update their email IDs with the Registrar and Transfer Agent.
Management Changes
The board recommended the re-appointment of Mr. Ashish Saxena as Whole Time Director. He retires by rotation at the ensuing AGM and has offered himself for re-appointment. Saxena brings over 12 years of experience in project execution, site engineering, and construction management, having been with the company since its incorporation in 2018.
Remuneration Revisions
The board recommended revisions to the remuneration ceilings for two key executives, effective August 1, 2026, subject to shareholder approval via Special Resolution at the AGM.
| Executive | Designation | Previous Ceiling (Monthly) | Revised Ceiling (Monthly) | Annual Ceiling |
|---|---|---|---|---|
| Hemant Sharma | Chairman & Managing Director | ₹1,60,000 | ₹2,65,000 | ₹31,80,000 |
| Ashish Saxena | Whole Time Director | ₹1,05,000 | ₹2,05,000 | ₹24,60,000 |
Hemant Sharma, who holds degrees in Civil Engineering, Business Management, Law, and Cooperative Management, serves as the Chairman & Managing Director. His monthly remuneration ceiling increases by ₹1,05,000. Saxena’s monthly ceiling rises by ₹1,00,000.
Historical Stock Returns for NACDAC Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.04% | +3.21% | 0.0% | -4.01% | -53.22% | -67.76% |
How might the significant increase in remuneration ceilings for Hemant Sharma and Ashish Saxena impact Nacdac Infrastructure's operating margins and profitability in FY27?
What specific strategic initiatives or expansion plans is the management likely to pursue that justify the proposed 65% and nearly 100% hikes in executive compensation?
Given the re-appointment of the Whole Time Director, what are the company's projected growth targets for project execution and site engineering capabilities over the next fiscal year?
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