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.

Punj Lloyd Limited has accepted the resignation of Adhish Swaroop as its Company Secretary and Compliance Officer. His tenure ended on August 31, 2026, following a formal notification to stock exchanges.

The company disclosed the change under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on September 1, 2026.

Resignation Details

Adhish Swaroop (ACS: 16034) tendered his resignation to pursue alternate career opportunities. He requested relief from duties at the close of business hours on August 31, 2026. The board approved the cessation of his role effective that date.

Director Vipin Goel signed the exchange communication on behalf of Punj Lloyd. The resignation letter was enclosed with the regulatory filing as required by Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.