Punj Lloyd Limited (NSE: PUNJLLOYD) announced that its 38th Annual General Meeting (AGM) is scheduled for Wednesday, September 30, 2026, at 10:00 am. The meeting will be held at the company's registered office in New Delhi to transact ordinary and special business.

The primary agenda includes the adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders will also consider the appointment of M/s. Shah Dhandharia & Co. LLP as Statutory Auditors for a five-year term.

Auditor appointments and cost audit

The board proposed the appointment of M/s. Shah Dhandharia & Co. LLP (Firm Registration No.: 118707W/W100724) as Statutory Auditors. This appointment covers the period from the conclusion of this AGM until the conclusion of the 43rd AGM in 2031. Additionally, shareholders are asked to ratify the remuneration payable to M/s. KVM & Co., Cost Accountants, for the cost audit of FY26.

Director regularization proposals

Under special business, the company seeks shareholder approval to regularize the appointment of three additional directors who were appointed by the Board with effect from March 10, 2026. These individuals currently hold office up to the date of this AGM.

• Vipin Goel (DIN: 08116197): Proposed for appointment as Non-Executive Non-Independent Director.
• Kattunga Srinivasa Rao (DIN: 00022533): Proposed for appointment as Non-Executive Non-Independent Director.
• Sushama Oza (DIN: 07145540): Proposed for appointment as Non-Executive Independent Director.

The meeting notice cites Section 101 of the Companies Act, 2013 regarding the shorter notice period for convening the AGM. The resolutions require ordinary majority approval from shareholders present and voting.

Punj Lloyd Limited will hold its 38th Annual General Meeting on September 30, 2026, at 10:00 am IST at its registered office in New Delhi. The meeting, convened at shorter notice under Section 101 of the Companies Act, 2013, will focus on adopting FY26 financial statements and regularizing the board composition.

Auditor appointment and cost ratification

The primary ordinary business includes the appointment of M/s. Shah Dhandharia & Co. LLP as Statutory Auditors for a five-year term concluding at the 43rd AGM in 2031. This follows their initial board approval on July 31, 2026. Additionally, shareholders must ratify the remuneration of ₹60,000 plus taxes payable to M/s. KVM & Co., Cost Accountants, for the FY26 cost audit.

Board regularization agenda

A significant portion of the special business involves regularizing the appointments of five additional directors who joined between March and July 2026. The resolutions seek to confirm their roles as Non-Executive Directors, with two specifically designated as Independent.

Voting and participation details

The record date for determining eligibility to vote is September 25, 2026. Remote e-voting via NSDL opens on September 28, 2026, at 9:00 am and closes on September 30, 2026, at 5:00 pm. Shareholders holding shares in demat mode can vote through NSDL or CDSL platforms. Physical attendance requires proxy forms to be deposited 48 hours prior to the meeting.

What the numbers show

The concentration of director regularizations within a single fiscal year highlights a rapid restructuring of the board. Five directors were appointed as Additional Directors across three distinct dates (March 10, June 01, and July 31, 2026), all requiring shareholder confirmation at this single AGM. This pattern suggests a coordinated effort to stabilize governance structures shortly before the financial year-end reporting cycle.