PSP Projects Limited announced that shareholders approved all 14 resolutions with the requisite majority at its 18th Annual General Meeting (AGM) held on June 27, 2026, via video conferencing. The meeting, scrutinized by Chirag Shah of Chirag Shah & Associates, saw participation from 33,830 shareholders on the record date of June 20, 2026. Promoters and the public participated through remote e-voting and video conferencing, with the voting process concluding at 11:23 AM.

Financial Results and Appointments

The company adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders appointed M/s. G. K. Choksi & Co., Chartered Accountants, as the Joint Statutory Auditors for a first term of five consecutive years. Additionally, the meeting ratified the payment of remuneration to the Cost Auditor for the financial year ending March 31, 2027.

Director Re-appointment and Remuneration

Mr. Sagar Prahladbhai Patel (DIN: 07168126), who retired by rotation and was eligible, was re-appointed as a Director. Shareholders also approved an increase in the remuneration of Ms. Pooja Patel, Chief Executive Officer, who holds a position of profit.

Related Party Transactions

The AGM sanctioned material related party transactions with several entities for the financial year 2026-27. The resolutions authorized transactions with Adani group entities and others, as detailed below:

PSP Projects Limited has scheduled its 18th Annual General Meeting for Saturday, June 27, 2026, at 11:00 A.M. IST, to be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting will cover the business of the Financial Year 2025-26, and the facility for remote e-voting has been made available to members. The record date for determining shareholder eligibility for voting and dividend entitlements is Saturday, June 20, 2026.

The company has appointed National Securities Depository Limited (NSDL) as the agency to facilitate the e-voting process. Remote e-voting will commence on Wednesday, June 24, 2026, at 9:00 A.M. IST and conclude on Friday, June 26, 2026, at 5:00 P.M. IST. Members who have not cast their votes remotely will be able to vote electronically during the AGM. Once a vote is cast, it cannot be changed or cast again.

Key Meeting Details

The Notice of the 18th AGM and the Annual Report for the Financial Year 2025-26 have been dispatched to members whose email addresses are registered with their Depository Participants. For members without registered email addresses, a physical letter containing the web link to access the Annual Report has been sent to their registered addresses. The documents are also available on the company's website and the websites of BSE Limited and National Stock Exchange of India Limited.

Members holding shares in dematerialised form are requested to register or update their email addresses with their Depository Participants to ensure timely receipt of communications. For technical queries related to e-voting, members may refer to the FAQs and user manual available on the NSDL e-voting portal or contact the designated NSDL representative.