Shelter Infra Projects Limited concluded its 54th Annual General Meeting on September 28, 2026, with all proposed resolutions passed by shareholders through remote e-voting. The meeting was conducted entirely via Video Conferencing and Other Audio Visual Means in compliance with regulatory provisions.

The session commenced at 12:30 pm and concluded at 12:56 pm (IST). Sankalan Dutta, Non-Executive Director, chaired the meeting after confirming the requisite quorum was present. Dharmendra Kumar Singh, Company Secretary, welcomed the attendees and facilitated the proceedings.

Resolutions adopted

The Notice convening the AGM, the Directors' Report, the Audited Financial Statements for the financial year ended March 31, 2026, and the Auditors' Report were taken as read with member permission. The following items were addressed:

• Ordinary Business: Adoption of audited financial statements for FY26 along with Director and Auditor reports.
• Ordinary Business: Re-appointment of Sankalan Datta (DIN: 02478232) as a director liable to retire by rotation.
• Special Business: Approval for related party transactions.

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 will be submitted subsequently.

Governance and compliance details

The company adhered to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 read with Para A of Part A of Schedule III. 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, financials, and future outlook during his address. The voting results and scrutinizer report are scheduled for publication on the company website and NSDL platform within two working days.

Shelter Infra Projects Limited reported a net loss of ₹4.55 lakh for the financial year ended March 31, 2026, reversing a net profit of ₹23.18 lakh recorded in FY25. The Kolkata-based infrastructure firm saw its total income decline to ₹235.93 lakh from ₹256.46 lakh in the previous year.

The board of directors approved the standalone audited results and proposed convening the company’s 54th Annual General Meeting (AGM) on September 28, 2026. The meeting will be held via video conference at the registered office in Salt Lake City.

Financial Performance

Total income for FY26 stood at ₹235.93 lakh, down from ₹256.46 lakh in FY25. EBITDA contracted sharply to ₹6.05 lakh from ₹34.05 lakh in the prior year. Finance charges decreased slightly to ₹0.31 lakh from ₹0.50 lakh, while depreciation remained stable at ₹9.54 lakh compared to ₹9.49 lakh.

The company did not declare any dividend for the year due to operating losses. No amount was transferred to reserves.

What the Numbers Show

The divergence between revenue decline and EBITDA contraction highlights margin pressure. While total income fell by approximately 8%, EBITDA dropped by nearly 82%. This suggests that cost structures or operational efficiencies deteriorated significantly relative to top-line performance during the period.

Corporate Governance & AGM Details

The board appointed Ms. Vandana Nahata of M/s Vandana Nahata & Co. as the scrutinizer for the e-voting process. The register of members and share transfer books will remain closed from September 22 to September 28, 2026. The cut-off date for voting rights is September 21, 2026.

Ms. Soma Saha has been recommended for appointment as Secretarial Auditor for five consecutive years, starting from FY26. The statutory auditor, M/s Basu Chanchani & Deb (now BCAG & Associates), was re-appointed for a second term of five years.

There were changes in key managerial personnel during the year. Ms. Sushmita Neogy ceased to hold office as Company Secretary on September 25, 2025, and Mr. Dharmendra Singh was appointed to the role effective March 17, 2026.

AGM Agenda & Related Party Transactions

The 54th AGM will transact ordinary business, including the re-appointment of Mr. Sankalan Datta as a director liable to retire by rotation. Under special business, shareholders will vote on a special resolution to approve related-party transactions up to ₹500 crore per annum.

Key related-party disclosures include:

Members who are related parties will not be eligible to vote on this resolution. The remote e-voting period begins on September 24, 2026, at 9:00 am and ends on September 27, 2026, at 5:00 pm.

Board Updates

At its meeting held on August 31, 2026, the board considered and approved updated company policies. The meeting also confirmed the appointment of Ms. Vandana Nahata as scrutinizer for the upcoming AGM.