Neo Infracon Limited has appointed Ms. Honey Deepak Jain and Mr. Darshik Dilip Mehta to its board following approval by shareholders through a postal ballot. The special resolutions received the requisite majority, with 99.99% of votes cast in favour of each appointment. Ms. Jain has been appointed as a Non-Executive Independent Director for a term of five years, while Mr. Mehta joins as a Non-Executive Non-Independent Director.

The postal ballot notice was dated May 6, 2026, and the remote e-voting period concluded on June 12, 2026. The record date for determining shareholder eligibility was May 8, 2026. A total of 32,32,983 votes were polled, representing 60.92% of the total outstanding shares. The scrutinizer's report confirmed that both resolutions were passed with the required majority.

Ms. Honey Deepak Jain (DIN: 11631227) was appointed for a term commencing March 27, 2026, and ending March 26, 2031. She is not liable to retire by rotation and has been appointed to the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee. Mr. Darshik Dilip Mehta (DIN: 10414185) was appointed as an Additional Director and is liable to retire by rotation.

Voting Results Summary

The appointments were made pursuant to the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were submitted to BSE Limited and uploaded to the company's website. CS Sonalben Kanabar, Company Secretary & Compliance Officer, signed the filing.

Neo Infracon Limited has announced its audited standalone and consolidated financial results for the fourth quarter and fiscal year ended March 31, 2026. The Board of Directors approved the financial outcomes during a meeting held on May 20, 2026. The company published the un-audited standalone and consolidated financial results for the quarter in newspapers on May 21, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Performance

For the fiscal year ended March 31, 2026, the company reported a consolidated net profit of ₹89.72 lakh, an increase from ₹78.71 lakh in the prior year. Revenue from operations for the year stood at ₹799.64 lakh, down from ₹1,024.46 lakh in FY25. Total income for the period was ₹901.04 lakh.

In the fourth quarter ended March 31, 2026, the net profit was ₹79.13 lakh, compared to ₹128.57 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹206.39 lakh, while total income reached ₹248.40 lakh.

Standalone Results

On a standalone basis, the company reported a net profit of ₹42.63 lakh for FY26, up from ₹24.10 lakh in the previous year. Revenue from operations for the year was ₹444.64 lakh, compared to ₹483.51 lakh in FY25. Total income for the year stood at ₹444.64 lakh.

For the quarter ended March 31, 2026, the standalone net profit was ₹14.57 lakh, a significant rise from ₹2.75 lakh in the same quarter last year. Revenue from operations for the quarter was ₹96.39 lakh.

Financial Position

The company's consolidated total assets as of March 31, 2026, stood at ₹3,240.41 lakh, compared to ₹3,254.98 lakh a year earlier. Total equity was recorded at ₹763.37 lakh, while total liabilities amounted to ₹2,477.04 lakh. The cash and cash equivalents for the consolidated entity were ₹32.70 lakh as of the end of the fiscal year.