Akash Infra-Projects logo

Akash Infra-Projects MD, chairman, board of directors and AGM

NSE: AKASHConstructionSmall Cap

Last close ₹23.07up ₹0.62 (2.76%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹22.45.

52-week range of traded prices to 23 Oct 2026
₹22.05Low, 21 Oct 2026₹34.74High, 9 Jan 2026
Market cap
₹39 Cr3,536th largest listed
P/E
56.8
P/E without one-offs
38.0
P/B
0.5
Dividend yield
Nonein the last 12 months
ROE
0.8%
ROE without one-offs
1.2%
ROCE
3.3%
Debt to equity
1.06
Volume, NSE
2,71584.2% delivered

Akash Infra-Projects board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorAMBUSINH PUNJAJI GOLRelated to the promoter
  • Managing directorYOGINKUMAR HARIBHAI PATEL

8 directors4 independent4 executive

  • AMBUSINH PUNJAJI GOL · Chairperson and managing directorExecutive · joined Aug 2001 · reappointed Jan 2026 · 1 listed board
  • YOGINKUMAR HARIBHAI PATEL · Managing directorExecutive · joined May 1999 · reappointed Jan 2026 · 1 listed board · 1 committee seat
  • DINESHBHAI HARIBHAI PATELExecutive · joined Aug 2001 · reappointed Jan 2026 · 1 listed board
  • PREMALSINH PUNJAJI GOLExecutive · joined Jul 2024 · 1 listed board
  • MONIKA SHEKHAWATIndependent · joined Jan 2017 · reappointed Jan 2022 · 113 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • GHANSHYAMBHAI VITTHALBHAI PATELIndependent · joined Aug 2019 · reappointed Aug 2024 · 82 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • ASHWINKUMAR BHOLANATH JANIIndependent · joined Jan 2017 · reappointed Jan 2022 · 113 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • VARSHA MAHENDRAKUMAR THAKKARIndependent · joined Aug 2019 · reappointed Aug 2024 · 82 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 4 Jun 20267 of 8 present3 independent · 4 days in between
    • 30 May 20267 of 8 present3 independent · 52 days in between
    • 7 Apr 20267 of 8 present3 independent · 49 days in between
    • 16 Feb 20267 of 8 present3 independent · 1 day in between
    1 earlier meeting
    • 14 Feb 20267 of 8 present3 independent

  • Audit Committee

    Chair MONIKA SHEKHAWAT

    YOGINKUMAR HARIBHAI PATEL, GHANSHYAMBHAI VITTHALBHAI PATEL, ASHWINKUMAR BHOLANATH JANI

    • 30 May 20263 of 4 present2 independent · 102 days in between
    • 16 Feb 20263 of 4 present2 independent · 1 day in between
    • 14 Feb 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair GHANSHYAMBHAI VITTHALBHAI PATEL

    ASHWINKUMAR BHOLANATH JANI, MONIKA SHEKHAWAT

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair MONIKA SHEKHAWAT

    ASHWINKUMAR BHOLANATH JANI, GHANSHYAMBHAI VITTHALBHAI PATEL

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • A R P A N & ASSOCIATES LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
  • RRS & AssociatesNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Akash Infra-Projects AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Akash Infra-Projects dividend history

Annual general meeting, 30 Sep 2026

9,399 shareholders on the register on 23 Sep 2026; present: 18 promoters and 14 others; votes counted by UMESH PARIKH / PARIKH DAVE & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Balance Sheet as at March 31, 2026, Statement of Profit and Loss and Cash Flow for the year ended on March 31, 2026, together with the Reports of the Auditors’ and the Board of Directors’ thereon.MoreLess
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.27% · promoters 97.06% · institutions 0.00% · other public 3.45%

  2. To appoint a director in place of Shri Yoginkumar H. Patel (DIN: 00463335), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.27% · promoters 97.06% · institutions 0.00% · other public 3.45%

  3. To appoint a director in place of Shri Ambusinh P. Gol (DIN: 00463376), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.27% · promoters 97.06% · institutions 0.00% · other public 3.45%

  4. Ratification of remuneration payable to Cost Auditors for the financial year 2026-27.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.27% · promoters 97.06% · institutions 0.00% · other public 3.45%

  5. Appointment of Mrs. Urvi Sachin Bhatt (DIN: 11883721) as an Independent Director the company for period of five years w.e.f. January 17, 2027.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.27% · promoters 97.06% · institutions 0.00% · other public 3.45%

  6. Appointment of Mr. Lalji Kishorji Vaghela (DIN: 11899882) as an Independent Director the company for period of five years w.e.f. January 17, 2027.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.27% · promoters 97.06% · institutions 0.00% · other public 3.45%

  7. Re-appointment of Shri Premalsinh Punjaji Gol (DIN: 00463995) as Whole Time Director of the Company for further period of three years w.e.f. July 07, 2027.
    SpecialPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 73.27% · promoters 97.06% · institutions 0.00% · other public 3.45%

  8. To approve Material Related Party transactions
    OrdinaryPromoters have an interest in it
    95.47% for4.53% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.53%

    Turnout: all 0.88% · promoters 0.00% · institutions 0.00% · other public 3.45%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 16 Mar 2026, 2 resolutions

10,049 shareholders on the register on 9 Mar 2026; present: 17 promoters and 19 others; votes counted by UMESH PARIKH / PARIKH DAVE & ASSOCIATES.The company's voting result (opens in a new tab)

  1. INCREASE THE AUTHORIZED SHARE CAPITAL OF THE COMPANY AND CONSEQUENT ALTERATION OF CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.89% · promoters 93.37% · institutions 0.00% · other public 8.84%

  2. APPROVE THE PREFERENTIAL ISSUE OF UPTO 40,00,000 WARRANTS CONVERTIBLE INTO 40,00,000 EQUITY SHARES TO THE PERSONS BELONGING TO THE PROMOTER/ PROMOTER GROUP AND PUBLIC CATEGORY.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.89% · promoters 93.37% · institutions 0.00% · other public 8.84%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2025, 10 resolutions

9,952 shareholders on the register on 23 Sep 2025; present: 18 promoters and 17 others; votes counted by UMESH PARIKH / PARIKH DAVE & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Balance Sheet as at March 31, 2025, Statement of Profit and Loss and Cash Flow for the year ended on March 31, 2025, together with the Reports of the Auditors’ and the Board of Directors’ thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  2. Appointment of Shri Premalsinh P. Gol (DIN: 00463995), Director of the Company, who retires by rotation.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  3. Appointment of Shri Dineshbhai H. Patel (DIN: 00468821), Director of the Company, who retires by rotation.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  4. To appoint Statutory Auditors and fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  5. Ratification of remuneration payable to Cost Auditors for the financial year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  6. Approve appointment of M/s. V. N. Vasani & Associates, Practicing Company Secretaries as Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  7. Re-appointment of Shri Yoginkumar H. Patel (DIN: 00463335) as Managing Director of the Company for a term of 3 years w.e.f. January 18, 2026.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  8. Re-appointment of Shri Ambusinh P. Gol (DIN: 00463376) as Managing Director of the Company for a term of 3 years w.e.f. January 18, 2026.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  9. Re-appointment of Shri Dineshkumar H. Patel (DIN: 00468821) as Whole Time Director of the Company w.e.f. January 18, 2026.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.26% · promoters 96.82% · institutions 0.00% · other public 4.11%

  10. To approve Material Related Party transactions.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 1.04% · promoters 0.00% · institutions 0.00% · other public 4.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 7 resolutions

Present: 21 promoters and 11 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statementsnincluding Reports of Auditors’ and Board of Directors for the year ended on 31stMarch, 2024.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.90%

    Turnout: all 72.54% · promoters 95.89% · institutions 0.00% · other public 4.01%

  2. Appointment of Shri Ambusinh P. Gol (DIN:00463376), Director of the Company, who retires bynrotation.
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.06%

    Turnout: all 72.54% · promoters 95.89% · institutions 0.00% · other public 4.01%

  3. Appointment of Shri Yoginkumar H. Patel (DIN:00463335), Director of the Company, who retires bynrotation.
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.06%

    Turnout: all 72.54% · promoters 95.89% · institutions 0.00% · other public 4.01%

  4. Ratification of remuneration payable to the Cost Auditors for the financial year ending on 31stMarch,n2025.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.90%

    Turnout: all 72.54% · promoters 95.89% · institutions 0.00% · other public 4.01%

  5. Appointment of Shri Premalsinh Punjaji Gol (DIN:00463995) as a Director of the Company.
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.90%

    Turnout: all 72.54% · promoters 95.89% · institutions 0.00% · other public 4.01%

  6. Appointment of Shri Premalsinh Punjaji Gol (DIN:00463995) as a WholeTime Director of thenCompany.
    SpecialPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.90%

    Turnout: all 72.54% · promoters 95.89% · institutions 0.00% · other public 4.01%

  7. To approve Material Related Party transactions.
    OrdinaryPromoters have an interest in it
    75.12% for24.88% against

    Against: promoters 0.00% · institutions 0.00% · other public 24.88%

    Turnout: all 0.16% · promoters 0.00% · institutions 0.00% · other public 0.63%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2023, 7 resolutions

Present: 18 promoters and 14 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statement of the Company including Balance Sheet as at 31st March, 2023, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date together with the Directors’ and the Auditors’ Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.93% · promoters 97.88% · institutions 0.00% · other public 7.58%

  2. To appoint a Director in place of Shri Yoginkumar Haribhai Patel (DIN: 00463335) who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.93% · promoters 97.88% · institutions 0.00% · other public 7.58%

  3. To appoint a Director in place of Shri Dineshbhai Haribhai Patel (DIN: 00468821) who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.93% · promoters 97.88% · institutions 0.00% · other public 7.58%

  4. To ratify remuneration payable to the Cost Auditors for the financial year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.93% · promoters 97.88% · institutions 0.00% · other public 7.58%

  5. To Re-appoint Mrs. Varsha Thakkar (DIN: 08551461) as an Independent Director of the Company for further period of five years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.93% · promoters 97.88% · institutions 0.00% · other public 7.58%

  6. To Re-appoint Mr. Ghanshyambhai Patel (DIN: 08535639) as an Independent Director of the Company for further period of five year.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 74.93% · promoters 97.88% · institutions 0.00% · other public 7.58%

  7. To approve Material Related Party transactions.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 1.06% · promoters 0.00% · institutions 0.00% · other public 4.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2022, 10 resolutions

Present: 19 promoters and 14 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Reports of the Board of Directors' and Auditors' for the year ended on 31st March, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  2. To approve and declare dividend of Rs. 0.10 per equity share (i.e. @ 1% per share) of face value of Rs. 10/- each for the financial year ended on 31st March, 2022
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  3. To appoint a Director in place of Shri Ambusinh P. Gol (DIN: 00463376), who retires by rotation and being eligible offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  4. To appoint a Director in place of Smt. Bhavana A. Gol (DIN: 00464041), who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  5. Appointment of M/s. RRS & Associates, Chartered Accountants, (Firm Reg. No. 118336W) as the Statutory Auditors of the company for a term of five (5) consecutive years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  6. Approval of Related Party Transactions
    OrdinaryPromoters have an interest in it
    96.72% for3.28% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 0.46% · promoters 0.00% · institutions 0.00% · other public 1.82%

  7. Ratification of remuneration payable to Cost Auditors for the F.Y.: 2022-23
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  8. Re-appointment of Shri Yoginkumar H. Patel (DIN: 00463335) as Managing Director of the Company for a term of 3 years w.e.f. January 18, 2023
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  9. Re-appointment of Shri Ambusinh P. Gol (DIN: 00463376) as Managing Director of the Company for a term of 3 years w.e.f. January 18, 2023
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

  10. Re-appointment of Shri Dineshkumar H. Patel (DIN: 00468821) as Whole Time Director of the Company w.e.f. January 18, 2023.
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 73.47% · promoters 97.88% · institutions 0.00% · other public 1.82%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2021, 8 resolutions

Present: 16 promoters and 4 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Reports of Board of Directors’ and Auditors’ for the year ended on 31st March, 2021.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

  2. To declare dividend on equity shares for the Financial year ended on 31st March, 2021.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

  3. Re-appointment of Mr. Yoginkumar Patel (DIN: 00463335), Director of the Company, who retires by rotation.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

  4. Re-appointment of Mr. Dineshbhai Patel (DIN: 00468821), Director of the Company, who retires by rotation.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

  5. Ratification of remuneration payable to the Cost Auditors for the financial year ending on 31st March, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

  6. Re-appointment of Shri Ashwinkumar Jani (DIN: 07709994) as an Independent Director of the Company for further period of 5 years with effect from 17th January, 2022.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

  7. Re-appointment of Shri Bhanuchandra Bhavsar (DIN: 07709354) as an Independent Director of the Company for further period of 5 years with effect from 17th January, 2022.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

  8. Re-appointment of Smt. Monika Shekhawat (DIN: 07710330) as an Independent Director of the Company for further period of 5 years with effect from 17th January, 2022.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 98.94% · institutions 0.00% · other public 35.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2020, 8 resolutions

Present: 18 promoters and 9 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements including Balance Sheet as at 31st March, 2020 and the Statement of Profit and Loss and Cash Flow statement for the year ended on that date, together with the Directors’ Report and the Auditors’ Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

  2. To appoint a Director in place of Mr. Ambusinh Gol (DIN:00463376) who retires at the ensuring Annual General Meeting and being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

  3. To appoint a Director in place of Mr. Premalsinh Gol (DIN:00463995) who retires at the ensuring Annual General Meeting and being eligible, offers himself for reappointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

  4. To consider ratification of remuneration payable to Cost Auditors of the Company for the Financial year 2020-21.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

  5. To consider re-appointment of Shri Yoginkumar H. Patel (DIN: 00463335) as the Managing Director of the Company for further period of 3 years with effect from 18th January, 2020.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

  6. To consider re-appointment of Shri Ambusinh P. Gol (DIN:00463376) as the Managing Director of the Company for further period of 3 years with effect from 18th January, 2020.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

  7. To consider re-appointment of Shri Dineshbhai H. Patel (DIN:00468821) as a Whole-Time Director of the Company for further period of 3 years with effect from 18th January, 2020.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

  8. To consider re-appointment of Shri Premalsinh P. Gol (DIN:00463995) as a Whole-Time Director of the Company for further period of 3 years with effect from 18th January, 2020.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.55% · promoters 96.87% · institutions 0.00% · other public 44.43%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states and its own uses differ by fifty times or more, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesApr 2026–To utilize the proceeds from the issue of share warrants towards meeting working capital requirement i.e. for procurement of raw materials primarily bitumen, grit/kapachi, cement and other raw materials, for execution of newly received road infrastructure work orders and those expected to be received during the balance period of financial year 2025–26 and subsequent years.––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.