Purohit Construction has scheduled its 35th Annual General Meeting for Monday, September 7, 2026, at 11:30 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs circulars. Shareholders holding shares as of the cut-off date, August 31, 2026, are eligible to participate and vote.

Key Agenda Items

The Board has placed several ordinary and special resolutions before shareholders for approval:

• Director Reappointments: Reappointment of Saumil Narendrabhai Purohit as a Director retiring by rotation. Special resolutions to reappoint Narendra Purohit as Managing Director for five years without remuneration, effective April 1, 2027, and independent directors Daarrpan Shah and Karan Shah for five-year terms until July 8, 2032.
• Related Party Transactions: Approval for ongoing contracts with Aarush Procon LLP and PEB PCL Infracon LLP. The company estimates annual transaction values of up to ₹8.50 crore with Aarush Procon LLP and ₹10.00 crore with PEB PCL Infracon LLP for FY27 through FY30.
• Investment Authority: Seeking member consent under Section 186 of the Companies Act, 2013, to provide loans, guarantees, or securities up to an aggregate limit of ₹50 crore.

Financial Context

The explanatory statement accompanying the notice highlights the company's recent financial performance. Total income rose from ₹1,200 thousand in FY25 to ₹1,900 thousand in FY26. However, the company reported a widening loss, with Profit Before Tax declining from (₹2,661) thousand in FY25 to (₹3,386) thousand in FY26. Consequently, Profit After Tax fell to (₹3,440) thousand from (₹2,521) thousand in the prior year. Earnings Per Share stood at (₹0.78) for FY26 compared to (₹0.57) in FY25.

What the Numbers Show

While top-line revenue expanded by approximately 58% year-on-year, the operating losses widened significantly. The divergence between revenue growth and profit deterioration suggests that cost structures or project margins may have pressured profitability despite higher income generation. The proposed related-party transactions, valued at up to ₹18.50 crore annually in aggregate, represent a substantial volume relative to the company’s FY26 turnover of ₹19.00 lakhs, indicating a strategic shift toward securing larger contract flows through affiliated entities.

Voting and Logistics

Remote e-voting will commence on September 4, 2026, at 10:00 am and conclude on September 6, 2026, at 5:00 pm via the NSDL e-voting system. Institutional shareholders must submit board resolutions authorizing their representatives to vote. The company has appointed Parikh Dave & Associates as the scrutinizer for the voting process. Results will be declared within two working days of the meeting's conclusion.

Purohit Construction Limited has incorporated a new limited liability partnership, PEB PCL Infracon LLP, to expand its operations in the prefabricated construction sector. The company holds a 51% stake in the newly formed entity, which was registered on July 6, 2026, under the Limited Liability Partnership Act, 2008. This strategic move allows Purohit Construction to diversify its business activities through a dedicated subsidiary focused on construction projects.

The total contribution of the LLP is ₹1,00,000, with Purohit Construction contributing ₹51,000, representing 51% of the total capital. Consequently, the company is entitled to 51% of the profits and losses generated by the LLP. The company's participation in the partnership is through its nominee, Mr. Saumil Narendrabhai Purohit, who serves as the Joint Managing Director.

PEB PCL Infracon LLP has been assigned the LLPIN ACZ-8157 and will carry on the business of prefabricated constructions and various construction projects. The incorporation follows an intimation made to the stock exchange on June 23, 2026. The filing was submitted to BSE Limited under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Key Details of PEB PCL Infracon LLP