Prajay Engineers Syndicate Limited held its 32nd Annual General Meeting on September 29, 2026, via video conferencing. The company adopted audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026.

The meeting was chaired by Vijaysen Reddy Dantapally, Chairman and Managing Director. A total of 41 members attended, including four representatives from the promoter group. The proceedings were conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key resolutions passed

The shareholders approved five resolutions during the session. These included the adoption of financial reports and the re-appointment of a director retiring by rotation. Special business items focused on auditor appointments and related party transactions.

Auditor changes and governance

The company appointed M/s. R B Associates, Chartered Accountants, Hyderabad, bearing Firm Registration No. 009112S, as its new statutory auditors. This decision replaces the previous audit arrangement for the upcoming fiscal period. Additionally, the board approved the appointment of secretarial auditors to ensure continued regulatory compliance.

The meeting also addressed related party transactions, a standard governance requirement for listed entities. The scrutinizer for the voting process was P Chandra Sekhara Reddy of M/s PCR & Associates. Voting results were submitted to stock exchanges within the prescribed timeline.

Meeting logistics and attendance

The AGM commenced at 5:39 pm and concluded at 6:22 pm IST. Remote e-voting facilities were provided through CDSL from September 26 to September 28, 2026. Members who did not participate remotely could cast votes during the live meeting. The company’s registered office in Begumpet, Hyderabad, served as the virtual venue.

Prajay Engineers Syndicate Limited has submitted its annual report for FY26 to the stock exchanges. The filing includes the notice for the 32nd annual general meeting.

The company dispatched the documents pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. T Siva Kumar, Company Secretary and Compliance Officer, signed the submission on September 7, 2026.

Meeting Details

The board of directors approved the convening of the meeting in a session that commenced at 4:45 pm and concluded at 6:15 pm. The AGM is set for Tuesday at 5:30 pm at the company's registered office in Hyderabad. The session will be conducted via video conferencing or other audio-visual means.

Key resolutions and logistical details for the FY26 AGM include:

• Convening the 32nd AGM on September 29, 2026, at 5:30 pm.
• Closing the register of members from September 23 to September 29, 2026.
• Appointment of M/s G P Reddy & Associates as secretarial auditors for five consecutive financial years up to FY30. Remuneration terms are subject to member approval.

The Annual Report and AGM notice are available electronically to registered members and on the company website.

Board Composition

The corporate filing disclosed the current board structure:

Mr. Ravi Kumar Kutikalapudi holds a Master of Technology degree in Civil Engineering with expertise in construction. As on March 31, 2023, his shareholding stood at 50,000 shares. He attended two board meetings during the year.

Corporate Information

• Registered Office: 1-10-63 & 64, 5th Floor, Prajay Corporate House, Chikoti Gardens, Begumpet, Hyderabad - 500016, Telangana.
• Statutory Auditors: M/s. Karumanchi & Associates, Chartered Accountants, Hyderabad.
• Internal Auditor: M. Shankar, B.com, MBA-Finance, Hyderabad.
• Bankers: Indian Overseas Bank, State Bank of India, The A.P Mahesh Co-operative Urban Bank Limited, HDFC Bank.
• Registrar: Venture Capital And Corporate Investments Private Limited, Hyderabad.