ncc Limited has scheduled its 36th Annual General Meeting (AGM) for Thursday, August 27, 2026, to seek shareholder approval for a dividend of ₹2.20 per equity share and critical governance resolutions. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM), with remote e-voting open from August 24 to August 26, 2026. Shareholders holding shares as of the cut-off date, August 20, 2026, are eligible to vote. The record date for dividend entitlement is fixed for Friday, August 14, 2026.

The Board of Directors recommended the dividend at its meeting held on May 15, 2026. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NCC Limited published the AGM notice in Business Standard and Mana Telangana newspapers on July 28, 2026. The Integrated Annual Report for FY25 is also available on the company’s website and exchange portals. Dividends will be credited directly to bank accounts of KYC-compliant shareholders, as physical warrants have been discontinued effective November 19, 2025.

Key Resolutions

The agenda includes ordinary and special resolutions concerning board composition and executive remuneration:

Executive Appointments and Remuneration

A significant special resolution seeks approval for the reappointment of Sri A V N Raju as Whole-time Director for a further period of five years, effective May 30, 2026. As a promoter with over four decades of experience, he heads the Electrical & Irrigation Division. His remuneration structure includes a basic salary scalable between ₹4.00 lakhs and ₹10.00 lakhs per month, perquisites up to 75% of monthly salary, and a commission of up to 0.5% of net profits.

Additionally, the Board seeks approval for the appointment of Smt. Kausalya Bhupathi Raju as Director (Commercial) with effect from September 1, 2026. This resolution is classified as a related party transaction as she is the sister of promoter directors A A V Ranga Raju, A G K Raju, A S N Raju, and A V N Raju. Her basic salary will be revised from ₹1.06 lakhs to ₹4.00 lakhs per month, with potential revisions up to ₹10.00 lakhs per month based on performance.

What the Numbers Show

The cost audit scope highlights the scale of NCC's infrastructure operations. For FY25, revenue from projects subject to cost audit—specifically roads and other infrastructure development—stood at ₹2,309 crores, representing approximately 13% of the company's total revenue of ₹17,463 crores. This marks an increase from FY24, when such revenue was ₹1,906 crores, constituting about 10% of total revenue of ₹19,205 crores. The growth in the proportion of audited infrastructure revenue suggests a continued strategic focus on large-scale public sector projects, which typically carry longer payment cycles but offer stable order books.

Shareholder Instructions

Shareholders must ensure their KYC details are updated with the Registrar and Share Transfer Agent, KFin Technologies Limited, to receive dividends electronically. Those wishing to inspect documents can do so electronically during the e-voting period or physically at the registered office in Hyderabad. Questions for management should be sent to nccagm@nccltd.in at least seven days prior to the meeting. The results of the e-voting will be published by August 31, 2026.

NCC Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the National Stock Exchange of India Limited and BSE Limited on July 27, 2026. The filing, made in compliance with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides a standalone disclosure of the company’s environmental, social, and governance performance across 186 operational sites in India and one international office. The report forms part of the Integrated Annual Report 2025-26 and has received independent reasonable assurance from SGS India Private Limited under ISAE 3000 (Revised) and ISAE 3410 standards.

Environmental Performance and Efficiency

NCC Limited reported a significant reduction in energy intensity during FY2025-26. Total energy consumption stood at 13,91,292 GJ, down from 18,67,545 GJ in FY2024-25, driven by a shift toward renewable sources which contributed 1,527 GJ compared to 514 GJ in the prior year. Consequently, energy intensity improved to 78.7 GJ per crore of turnover from 96.3 GJ in FY2024-25.

Greenhouse gas emissions also declined. Scope 1 emissions were recorded at 88,331 metric tonnes of CO2 equivalent (MTCO2e), a decrease from 1,19,629 MTCO2e in FY2024-25. Scope 2 emissions totaled 21,573 MTCO2e, down from 26,248 MTCO2e. The combined Scope 1 and 2 intensity dropped to 6.22 MTCO2e per crore of turnover from 7.52 MTCO2e. Water withdrawal decreased to 22,58,696 kiloliters from 26,57,535 kiloliters, with water intensity falling to 127.8 kiloliters per crore of turnover.

Workforce and Safety Metrics

As of March 31, 2026, NCC Limited employed 12,371 permanent and other-than-permanent employees, alongside 19,117 workers. The employee turnover rate rose to 23.03% in FY2025-26 from 16.97% in FY2024-25. Female representation among employees remained at 1.76%, while one of the 11 Board of Directors was female (9%).

Safety performance showed improvement in worker-related incidents. The Lost Time Injury Frequency Rate (LTIFR) for workers fell to 0.12 per million-person hours worked from 0.23 in the previous year. Total recordable work-related injuries for workers decreased to 6 from 10. The company reported two fatalities (one employee, one worker) and zero high-consequence injuries excluding fatalities. All employees and workers received human rights training, achieving 100% coverage.

Governance and Stakeholder Engagement

The ESG Committee, chaired by Independent Director Sri Ramesh Kailasam, oversees business responsibility policies. NCC Limited holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO/IEC 27001:2022 certifications. The company identified 157 value chain partners, comprising 29% of FY2025-26 spend, for ESG assessments. Three awareness programs covered 37% of value chain partners by business value.

Corporate Social Responsibility initiatives benefited over 15,000 individuals, including support for milk banks, education cafes, and rural infrastructure. Input material sourced directly from MSMEs increased to 18% from 10% in FY2024-25. Accounts payable days extended to 113 days from 97 days in the prior year. No monetary or non-monetary penalties for bribery or corruption were reported.