The Board of Directors of Sattva Engineering Construction Limited convened a meeting on August 04, 2026, and approved several key corporate actions, including the appointment of a new Company Secretary and Compliance Officer, the appointment of Statutory Auditors, and the scheduling of the company's 21st Annual General Meeting (AGM).

Appointment of New Company Secretary and Compliance Officer

The board approved the appointment of Mr. Suraj Dubey as Company Secretary and Compliance Officer of the company, effective August 04, 2026. The appointment has been made under Section 203 of the Companies Act, 2013, read with Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pursuant to the recommendations of the Nomination & Remuneration Committee.

The key details of Mr. Suraj Dubey's appointment are as follows:

Mr. Dubey is an Associate Member of the Institute of Company Secretaries of India (ICSI) and a Commerce and Law graduate with an MBA in Finance. He possesses in-depth knowledge of legal and compliance matters.

This appointment follows the resignation of Mr. Laxmikanth Tangudu (Membership Number: A68439) from the post of Company Secretary & Compliance Officer and Key Managerial Personnel, which took effect from the close of business hours of July 15, 2026. The board placed on record its appreciation for Mr. Tangudu's contributions during his tenure.

Appointment of Statutory Auditors

Pursuant to the recommendation of the Audit Committee, the board approved the appointment of M/s. Raghavan and Muralidharan, Chartered Accountants, as Statutory Auditors of the company, subject to the approval of the members at the AGM.

M/s. Raghavan & Muralidharan is an ICAI Peer Review Certified Chartered Accountancy firm established in 1995, with over 30 years of experience serving clients across India. Headquartered in Chennai with branches in Pune and Coimbatore, the firm specializes in statutory audit, taxation, corporate legal services, finance, and IT consulting.

21st Annual General Meeting Scheduled

The board approved the convening of the 21st Annual General Meeting of the company, to be held via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The key dates related to the AGM are outlined below:

The board also approved the Board's Report and Management Discussion and Analysis Report, along with all annexures, for the financial year ended March 31, 2026. The AGM notice will be dispatched to members and made available on the company's website at www.sattvaengg.in and on the National Stock Exchange of India Limited's website at www.nseindia.com . The board meeting commenced at 2:30 P.M. (IST) and concluded at 4:30 P.M. (IST) on August 04, 2026.

Sattva Engineering Construction reported a 43.2% increase in net profit to ₹1,309.41 lakh for the year ended March 31, 2026, driven by a 31.9% rise in revenue from operations to ₹14,322.86 lakh. The engineering, procurement, and construction (EPC) company also saw its basic earnings per share (EPS) improve to ₹8.47 from ₹7.64 in the previous year.

The board of directors approved the audited financial results at its meeting held on May 25, 2026. The company, which listed on the Emerge platform of the National Stock Exchange of India Limited on September 3, 2025, operates in a single reportable segment focused on EPC and related operation and maintenance services.

Financial Performance

Revenue from operations for the full year grew to ₹14,322.86 lakh from ₹10,856.60 lakh in the prior year. Total income increased to ₹14,402.54 lakh. The company managed its expenses effectively, with total expenses rising to ₹12,631.26 lakh from ₹9,715.19 lakh. Profit before tax stood at ₹1,787.52 lakh, up from ₹1,261.35 lakh in the previous year.

Balance Sheet and Cash Flows

The company's balance sheet showed a strengthening of shareholders' funds, which increased to ₹8,814.58 lakh from ₹4,342.00 lakh. This rise was supported by the issuance of 47,16,800 shares of ₹10 each at a premium of ₹65 via an Initial Public Offer (IPO). Trade receivables increased significantly to ₹4,954.63 lakh from ₹3,302.04 lakh, while cash and cash equivalents improved to ₹837.16 lakh from ₹336.41 lakh.

Cash flow from operating activities was negative at ₹1,265.19 lakh, compared to ₹563.26 lakh in the previous year, primarily due to working capital changes. However, cash flow from financing activities turned positive at ₹2,079.88 lakh, driven by proceeds from the issue of share capital amounting to ₹3,163.17 lakh.

Auditor's Report

Raghavan & Muralidharan, Chartered Accountants, audited the annual financial results. In their report, the auditors stated that the results are presented in accordance with the requirements of Regulation 33 of the SEBI (LODR) Regulations, 2015, and give a true and fair view in conformity with the applicable accounting standards. The report also noted that the results for the half year ended March 31, 2026, are balancing figures between the audited full-year figures and the published unaudited half-year figures.