Udayshivakumar Infra Limited convened its seventh Annual General Meeting (AGM) on September 30, 2026, at its registered office in Davangere, Karnataka. The meeting focused on the adoption of audited financial statements for the fiscal year ended March 31, 2026, and proposed an increase in the company's authorized share capital.

The proceedings commenced at 3:00 pm with a quorum of 32 members present physically. Chairman Udayshivakumar presided over the session, welcoming shareholders and introducing the board members. The notice convening the AGM, along with the annual report, was sent via email to eligible members whose addresses were registered as of September 8, 2026.

Agenda and Voting Process

Five resolutions were placed before the members for approval, covering both ordinary and special business. The company utilized electronic voting facilities through NSDL, with the remote e-voting period running from September 27 to September 29, 2026. A cut-off date of September 23, 2026, determined eligibility for voting rights.

Mrs. Sneha Prashant Sawant, Company Secretary, briefed attendees on the polling process. Roshan R Raikar & Associates acted as the scrutinizer to ensure a fair and transparent voting mechanism. The combined results of e-voting and the physical poll conducted during the meeting are scheduled to be declared on or before October 5, 2026.

Key Resolutions

The agenda included standard statutory requirements alongside specific strategic approvals:

• Adoption of Financial Statements: To receive, consider, and adopt the audited financial statements as of March 31, 2026, along with the Board of Directors' and Auditors' reports.
• Director Re-appointment: To appoint Mrs. Amrutha (DIN: 07774973) in place of herself, who retired by rotation and offered re-appointment.
• Cost Auditor Remuneration: Ratification of remuneration payable to the Cost Auditors.
• Related Party Transactions: Approval of transactions with related parties.
• Capital Structure: Increase in the authorized share capital and alteration of the capital clause in the Memorandum of Association.

Leadership and Governance

The meeting was attended by key managerial personnel and directors, reflecting the company's governance structure. Mr. Sheetalkumar Mohanrao Kodachawad served as the Chief Financial Officer, while Mrs. Sneha Prashant Sawant acted as the Company Secretary and Compliance Officer.

Strategic Outlook

During the session, Managing Director Udayshivakumar presented an overview of the company's operations. He highlighted the business prospects, specifically noting the entry into Hybrid Annuity Method (HAM) projects. This strategic shift indicates a focus on infrastructure development models that mitigate certain risks associated with traditional project execution.

Auditors NBT & Co. were granted leave of absence from attending the meeting due to prior commitments. The proceedings concluded at 4:00 pm, with the Chairman authorizing the Company Secretary to declare the voting results on stock exchange websites.

Udayshivkumar Infra has approved its audited financial results for the fiscal year ended March 31, 2026, and scheduled its 7th Annual General Meeting (AGM) for September 30, 2026.

The board meeting concluded on September 8, 2026, with the approval of several key agenda items, including the appointment of a cost auditor and the reconstitution of board committees. The company also approved an increase in its authorized share capital.

Key Board Decisions

The board approved the following matters during the meeting:

• Audited Financials: The audited financial statements for FY26 were approved. These results had previously been discussed and approved in a board meeting held on June 6, 2026.
• Cost Auditor Appointment: M/s Murthy & Co. LLP was appointed as the Cost Auditor for the financial year 2026-27. The firm is based in Bengaluru.
• AGM Notice: The notice for the 7th AGM was approved. The meeting will be held at the company’s registered office in Davangere, Karnataka.
• Secretarial Audit: The secretarial audit report for FY25-26 was taken on record.
• Directors’ Report: The Directors’ Report, Corporate Governance Report, and related AGM matters were approved.

Authorized Share Capital Increase

The board approved an increase in the authorized share capital from ₹56.5 crore to ₹72.5 crore. This involves raising the number of equity shares of face value ₹10 each from 5.65 crore to 7.25 crore. The amendment to Clause 5 of the Memorandum of Association requires shareholder approval at the upcoming AGM.

Board Committee Reconstitution

The board reconstituted its key committees effective September 8, 2026:

Postponed Agenda Items

The discussion on the preferential issue of convertible warrants to the promoter was postponed to the next board meeting. Additionally, the ratification of remuneration payable to cost auditors and the approval of related party transactions are listed as special business items for the AGM.