Ajmera Realty Shareholders Approve Key Financial Resolutions with Overwhelming Majority

1 min read     Updated on 31 Oct 2025, 08:57 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Ajmera Realty & Infra India Limited gained significant shareholder support for three financial resolutions through a postal ballot. The resolutions, including approval for a shortfall undertaking and providing loans and guarantees to subsidiary and associate companies, received over 96% approval. Out of 28,274 eligible shareholders, 3,506,605 votes were cast, representing 8.91% of total shares. The e-voting process was conducted from October 2 to October 31, 2025, facilitated by NSDL.

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Ajmera Realty & Infra India Limited , a prominent player in the Indian real estate sector, has secured strong shareholder support for three significant financial resolutions through a postal ballot process that concluded on October 31, 2025.

Resolutions Passed

The company's shareholders voted on three ordinary resolutions:

  1. Approval for giving shortfall undertaking related to loans for Ajmera Luxe Realty Private Limited
  2. Approval for providing loans, guarantees, security, or investments to subsidiary Anirdesh Developers Private Limited
  3. Approval for providing loans, guarantees, security, or investments to associate company UltraTech Property Developers Private Limited

Voting Results

The voting results demonstrate overwhelming shareholder support for the company's proposed financial actions:

Resolution Votes in Favor Votes Against Approval Percentage
1. Shortfall Undertaking 3,504,760 1,845 99.95%
2. Support for Anirdesh Developers 3,504,777 1,828 99.95%
3. Support for UltraTech Property Developers 3,384,208 122,397 96.51%

Shareholder Participation

Out of 28,274 eligible shareholders as of the September 26, 2025 cut-off date, a total of 3,506,605 votes were cast, representing approximately 8.91% of the company's total shares. The e-voting process, facilitated by National Securities Depository Limited (NSDL), ran from October 2 to October 31, 2025.

Implications

The strong approval for these resolutions suggests that shareholders have confidence in Ajmera Realty's financial strategies and its plans for supporting its subsidiary and associate companies. This may potentially enable the company to pursue growth opportunities and strengthen its position in the real estate market.

Corporate Governance

The postal ballot process was conducted in compliance with the Companies Act, 2013, and SEBI regulations. Haresh Sanghvi, a practicing Company Secretary, was appointed as the scrutinizer to ensure a fair and transparent voting process.

These approvals mark a significant step for Ajmera Realty & Infra India Limited, potentially paving the way for strategic financial moves that could impact the company's future operations and market position in the Indian real estate sector.

Historical Stock Returns for Ajmera Realty & Infra

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Ajmera Realty Achieves Record-Breaking Q2 FY26 Sales, Surging 184% Year-over-Year

1 min read     Updated on 08 Oct 2025, 11:22 AM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Ajmera Realty & Infra India Limited achieved its highest-ever quarterly sales in Q2 FY26. Sales value reached ₹720.00 crores, up 184% YoY, while sales area increased 101% to 2,29,772 sq. ft. Collections grew 66% to ₹220.00 crores. The company launched two projects: Ajmera Manhattan 4A4B in Wadala and Thirty 3.15 in Bandra. Half-year performance for FY26 showed strong growth with sales value up 48% to ₹828.00 crores and collections up 52% to ₹454.00 crores. Management attributes success to focus on high-quality developments in premium micro markets. The company is poised for further growth with a strong project pipeline and resolving regulatory challenges.

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Ajmera Realty & Infra India Limited has reported exceptional performance for the second quarter of fiscal year 2026, marking a significant milestone in the company's growth trajectory.

Record-Breaking Sales Performance

The real estate developer has achieved its highest-ever quarterly sales, demonstrating robust market demand and strategic positioning. Key highlights of Q2 FY26 include:

Metric Q2 FY26 YoY Growth
Sales Value ₹720.00 crores 184%
Sales Area 2,29,772 sq. ft. 101%
Collections ₹220.00 crores 66%

Project Launches

During the quarter, Ajmera Realty launched two significant projects:

  1. Ajmera Manhattan 4A4B in Wadala
  2. Thirty 3.15 in Bandra

These launches have contributed to the company's impressive sales figures, with Ajmera Manhattan 4A4B already seeing 38% of its inventory sold within a month of launch.

Half-Year Performance

The strong Q2 results have bolstered Ajmera Realty's half-year performance for FY26:

Metric H1 FY26 YoY Growth
Sales Volume 2,93,016 sq. ft. 20%
Sales Value ₹828.00 crores 48%
Collections ₹454.00 crores 52%

Management Commentary

Mr. Dhaval Ajmera, Director - Corporate Affairs, commented on the company's performance: "Q2 FY26 marked a defining milestone for Ajmera Realty, as the Company delivered its strongest-ever quarterly performance, nearly three times that of the previous period. The strategy of focusing on high-quality developments in premium micro markets continued to yield results."

Future Outlook

With regulatory challenges progressively being resolved and key approvals falling into place, Ajmera Realty is well-positioned to accelerate launches from its strong project pipeline. This is expected to fuel the company's ongoing expansion and maintain its growth momentum in the coming quarters.

The remarkable performance in Q2 FY26 reflects Ajmera Realty's strong execution capabilities, financial discipline, and the market's confidence in the Ajmera brand. As the real estate sector in India continues to show resilience, Ajmera Realty's strategic focus on premium developments in luxury and mid-luxury residential segments appears to be paying off, setting a solid foundation for future growth.

Historical Stock Returns for Ajmera Realty & Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-3.31%-2.67%+2.26%+32.85%+5.24%+1,020.44%
Ajmera Realty & Infra
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