Shelter Infra Projects conducted its 54th Annual General Meeting on September 28, 2026, via video conferencing through the NSDL platform, commencing at 12:30 pm and concluding at 12:56 pm.

The meeting was chaired by Sankalan Datta, chairman of the company, and conducted by Sweta Patwari, independent women director. Other board members present included Arunanshu Goswami, independent director and chairman of the Audit Committee; Kamal Kishore Chowdhury, whole time director; and Kajal Chatterjee, non-executive director. The company secretary and compliance officer, statutory auditor, internal auditor, and scrutinizer also attended the meeting.

Auditor qualifications and financial highlights

Patwari noted that the auditors expressed qualified opinions in their audit report for FY26. Two key qualifications were highlighted during the meeting.

Patwari also pointed out a printing error in the Annual Report on page 25, where the contingent liability related to income tax demand for assessment year 12-13 was mistakenly stated as ₹1,169.83 lakh instead of the correct figure of ₹113,956 lakh.

Shareholder Manas Banerjee noted during the Q&A session that FY26 revenue was down 7%, with a PAT loss of ₹4.55 lakh. He also observed that the company remains debt-free and that cash from operations was positive, with the rental business continuing to provide support.

Resolutions placed before shareholders

Three resolutions were presented at the meeting for shareholder consideration.

Chairman's address and strategic outlook

In his address, Datta stated that the company followed a careful and disciplined approach during FY26, with focus on both residential and commercial segments. He highlighted ongoing efforts to strengthen relationships with contractors, architects, consultants, and local authorities, and noted that the company continued to examine sustainable construction practices and smart building solutions.

Datta acknowledged that no specific projects were available to announce at the time of the meeting, but stated that evaluation of opportunities remains ongoing. He emphasised financial discipline, responsible growth, and long-term value creation as key priorities.

Shareholder queries and management response

Ten shareholders were selected to speak at the meeting. Key queries raised included plans to secure new infrastructure contracts, strategy to scale the commercial property and rental portfolio, revenue growth guidance, and the modernisation of equipment and use of technology in operations.

Arunanshu Goswami, responding on behalf of the management, stated that the company has taken steps to increase income and has adopted modern technologies to prepare for new ventures. He indicated that results from these initiatives may be visible in FY27 or FY28.

Remote e-voting for the meeting commenced on September 24, 2026, at 9:00 am and ended on September 27, 2026, at 5:00 pm. Members who had not cast their votes through remote e-voting were permitted to vote during the AGM until 30 minutes post-conclusion. Consolidated results were to be announced within two working days of the conclusion of the meeting and placed on the company's website as well as on the websites of NSDL and the stock exchanges.

Shelter Infra Projects Limited passed all three resolutions at its 54th Annual General Meeting held on September 28, 2026, with 99.94% of votes polled in favour. The company disclosed the detailed voting results on September 29, 2026, confirming the adoption of financial statements and related party transactions.

The meeting was conducted entirely via Video Conferencing and Other Audio Visual Means. Sankalan Dutta, Non-Executive Director, chaired the session after confirming quorum. Dharmendra Kumar Singh, Company Secretary, facilitated the proceedings.

Voting participation and turnout

The company reported a total of 3,150 shareholders on the record date. Participation through remote e-voting and live VC totaled 174 shareholders, comprising one from the promoter group and 173 public shareholders. No shareholders attended in person or through proxy.

Voting results were determined based on electronic votes cast during the remote window from September 24 to September 27, 2026, and during the live meeting. The scrutinizer report was submitted subsequently.

Resolution-wise voting details

All three proposed resolutions were passed as ordinary or special business items. The voting pattern showed overwhelming support from promoters and strong backing from participating public shareholders.

Promoters and promoter group voted 1,981,443 shares in favour across all resolutions, representing 100% of their holding. Public non-institutional shareholders cast 38,464 votes, with 37,423 in favour and 1,041 against.

Governance and compliance

The company adhered to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 44(3) regarding disclosure of voting results. The e-voting facility remained active for members who did not vote remotely until 15 minutes after the meeting's conclusion.

The Chairman thanked members for their participation, highlighting the company's operational performance and future outlook. The voting results are now available on the company website and NSDL platform.