Rajeswari Infrastructure Limited has scheduled a Board of Directors meeting for September 21, 2026, to consider corporate actions mandated by the National Company Law Tribunal (NCLT) resolution plan.

The Chennai-based infrastructure firm will address critical steps in its restructuring process during the session held at its registered office.

Key Agenda Items

The board is set to deliberate on several structural changes required under the approved resolution plan. The primary focus includes the suspension of trading and the reconstitution of share capital.

• Fixing the record date for necessary corporate actions as contemplated under the NCLT-approved resolution plan.
• Approving the suspension of trading for existing equity shares to comply with NCLT orders.
• Suspending the ISIN code associated with existing equity shares.
• Noting the extinguishment of equity shares held by promoters and the promoter group.
• Reconstituting share capital held by public shareholders in accordance with the tribunal’s order.
• Approving an action plan for allotting new equity shares in place of existing ones.

Regulatory Compliance

These actions are direct consequences of the order passed by the Hon’ble NCLT, Chennai. The company aims to align its capital structure with the legal requirements set forth in the resolution plan.

The meeting is scheduled to commence at 4:00 pm on Monday, September 21, 2026. Guruswamy Ramamurthy, Managing Director, signed the intimation letter dated September 18, 2026.

Rajeswari Infrastructure has scheduled its 33rd Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will convene via video conference to transact business including the approval of new independent directors and a statutory auditor.

The Board of Directors met on August 7, 2026, to finalize these governance changes for FY26. The company appointed Mr. Dayalan Keerthivasan and Mr. Maniraj Arjunan as independent directors. Both individuals were previously serving as additional directors appointed on August 7, 2026. Their appointments are subject to shareholder approval at the upcoming AGM.

Financial Performance and CIRP Status

The Chairman’s message highlights that the company emerged from the Corporate Insolvency Resolution Process (CIRP) in January 2026 following NCLT approval of a resolution plan. For FY26, the company reported total revenue of ₹0.09 lakh against expenses of ₹13.14 lakh, resulting in a net loss of ₹13.05 lakh. This compares to a loss of ₹9.11 lakh in the previous year. No dividend was recommended.

Board Meeting Outcomes

The Board noted the Annual Report, including the Auditor's Report and Financial Statements for the financial year ended March 31, 2026. The Board also approved the appointment of M/s. SVSR & Associates, Chartered Accountants, Chennai, as Statutory Auditors for FY26-27. The remuneration for the audit firm is set at ₹60,000 per annum, exclusive of taxes and out-of-pocket expenses.

New Independent Directors

Mr. Keerthivasan brings nearly 10 years of experience in agribusiness and supply chain management. He holds a B.Com degree from Loyola College, Chennai. His expertise covers business strategy and technology-led transformation in the food and agro products sector.

Mr. Arjunan has over 15 years of experience across hospitality, real estate, and financial services. He is a postgraduate with a background in international business operations. He currently holds a directorship in M/s. KPA Chits Private Limited but holds no other listed directorships.

Annual General Meeting Details

The event will be held at 4:00 pm via video conference from the registered office in Tamil Nadu. Mr. Vikas Gautam, a practicing company secretary, was appointed as the scrutinizer for the voting process.

The company published newspaper advertisements in Financial Express (English) and Makkal Kural (Tamil) on August 31, 2026, prior to sending notices to members. The Notice and Annual Report for FY25-26 will be sent electronically to members with registered email addresses. Members without registered emails will receive a separate letter with a web link to access the documents.

The documents are also available on the company website and the Bombay Stock Exchange website. The company will provide remote e-voting facilities and e-voting during the AGM. Detailed procedures for voting will be provided in the notice.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE016C01014/f30e0beb-1a80-45c7-bb9d-d0b3451e3679.pdf