Suratwwala Business Group has scheduled its 19th Annual General Meeting for Wednesday, September 23, 2026 at 4:00 pm IST via Video Conferencing/Other Audio Visual Means, with FY26 consolidated revenue from operations surging ~298% year-on-year to ₹14,299.34 lakhs.

AGM and Voting Schedule

The AGM notice, issued under Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was filed on August 31, 2026. Members holding shares as on the cut-off date of September 16, 2026 are eligible to vote. Remote e-voting opens on September 20, 2026 at 9:00 am IST and closes on September 22, 2026 at 5:00 pm IST. The record date for the proposed final dividend is September 11, 2026.

The Board has recommended a final dividend of ₹0.12 (12%) per equity share of face value ₹1 each for FY 2025-26, subject to shareholder approval at the AGM. The company's paid-up share capital as on March 31, 2026 stands at ₹17,34,16,440.

FY26 Financial Performance

FY26 marked the strongest results in the company's history, driven by project completions at Suratwwala Mark Plazzo and the scaling of its solar EPC vertical. The following table summarises consolidated and standalone performance.

On a consolidated basis, Profit Before Tax grew 234.82% to ₹5,119.30 lakhs and PAT rose 243.43% to ₹3,790.14 lakhs. Net worth strengthened to ₹110.41 crore, a rise of nearly 58%, funded by earnings rather than dilution. The debt-to-equity ratio stood at 0.79 times as at March 31, 2026.

Segment Performance

The company operates two business verticals — real estate development and solar EPC — which together drove the FY26 revenue surge.

The real estate segment contributed ₹8,928.71 lakhs at a ~46% PBT margin, driven by completion and monetisation of Suratwwala Mark Plazzo Buildings A and B. The solar EPC vertical, operated through subsidiary Suratwwala Natural Energy Resource Private Limited (formerly Suratwwala Natural Energy Resource LLP), contributed ₹5,448.52 lakhs, representing approximately 38% of consolidated revenue. SNER's standalone revenue grew 1,988.39% to ₹5,449.02 lakhs, with PBT of ₹1,088.44 lakhs and PAT of ₹814.36 lakhs.

Key Performance Indicators (Three-Year Trend)

Projects and Order Pipeline

Buildings C, D and E of Suratwwala Mark Plazzo at Hinjewadi, Pune remain under construction. The company also holds a strategic land bank of approximately 180 acres across Pune's growth corridors, carried at historical cost. Upcoming projects include a luxury residential development at Prabhat Road (approved by Pune Municipal Corporation) and the Kasar Amboli villa project, which has received environmental clearance.

The solar EPC vertical enters FY27 with approximately ₹93 crore of EPC and PPA-linked projects under execution, including a 15 MW AC EPC order awarded to SNER. During FY26, SNER also bagged a 30 MW AC EPC contract from M/S Bondada Engineering Limited under the MSKVY 2.0 scheme in Maharashtra.

AGM Business Items

The following items are proposed at the 19th AGM:

• Adoption of audited standalone and consolidated financial statements for FY 2025-26
• Re-appointment of Mr. Manoj Dhansukhlal Suratwala (DIN: 01980434), who retires by rotation
• Declaration of final dividend of ₹0.12 per equity share for FY 2025-26
• Approval of material related party transactions with Suratwwala Properties LLP (up to ₹125 crore)
• Approval of material related party transactions with Suratwwala Natural Energy Resource Private Limited (up to ₹50 crore)

The AGM notice and Annual Report for FY 2025-26 are available on the company's website. MUFG Intime India Private Limited serves as the Registrar and Share Transfer Agent. Mr. Shridhar Phadke of M/s SVP & Associates has been appointed as Scrutinizer for the e-voting process. The statutory audit for FY26 was conducted by M/s Parag Patwa & Associates (FRN: 107387W), whose report carries an unmodified opinion.

Suratwwala Business Group Limited published its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors approved the financial statements during a meeting held on August 13, 2026.

The company disclosed the results in compliance with Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited financial results were published in the newspapers Financial Express (English) and Navrashtra (Marathi).

Regulatory Disclosure

The Board’s approval was confirmed by Pooja Sandeep Thorave, Company Secretary and Compliance Officer. The complete financial results, along with the limited review report issued by the statutory auditors, are available on the company’s official website.

Investors can access the detailed financial statements via the QR code provided in the regulatory filing or through the direct link on the Suratwwala Business Group website. The disclosure ensures transparency for shareholders regarding the company’s performance for the period ending June 30, 2026.