Gayatri Projects logo

Gayatri Projects MD, chairman, board of directors and AGM

NSE: GAYAPROJBSE: 532767ConstructionSmall Cap

Last close ₹18.62down ₹0.58 (3.02%)BSE ₹18.52

Share price at the NSE close on 23 Oct 2026. Previous close ₹19.20.

52-week range of traded prices to 23 Oct 2026
₹10.99Low, 27 Oct 2025₹27.33High, 15 Sep 2026
Market cap
₹865 Cr2,131st largest listed
P/E
0.4
P/E without one-offs
7.5
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
342.7%
ROE without one-offs
19.1%
ROCE
0.6%
Debt to equity
0.51
Volume, NSE
4,75,11466.9% delivered

Gayatri 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 directorVENKATA SANDEEP KUMAR REDDY TIKKAVARAPURelated to the promoter
  • Company Secretary and Compliance OfficerSHASHANK JAIN

6 directors4 independent2 executive

  • VENKATA SANDEEP KUMAR REDDY TIKKAVARAPU · Chairperson and managing directorExecutive · joined Sep 1989 · 3 listed boards · 4 committee seats, 1 as chair
  • LATHA PAMULAIndependent · joined Mar 2022 · reappointed Mar 2022 · 51 months as independent · 2 listed boards · 2 as independent
  • VENKATA NARAYANA RAO PALURIIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
  • VENKATA RAYUDU CHINTALAPUDIIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 2 listed boards · 2 as independent · 1 committee seat
  • SRINIVAS IDURIIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • TIKKAVARAPU SARITA REDDYExecutive · joined Sep 2025 · 2 listed boards · 3 committee seats

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.

2 directors who left
  • THIKKAVARAPU INDIRA REDDY, left 13 Sep 2025: Others
  • JENNAREDDY BRIJ MOHAN REDDY, left 13 Sep 2025: Others

Committees and meetings

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

  • Board

    • 14 May 20265 of 6 present3 independent · 88 days in between
    • 14 Feb 20266 of 6 present4 independent
  • Audit Committee

    Chair VENKATA RAYUDU CHINTALAPUDI

    VENKATA NARAYANA RAO PALURI, SRINIVAS IDURI, VENKATA SANDEEP KUMAR REDDY TIKKAVARAPU

    • 14 May 20263 of 4 present2 independent · 88 days in between
    • 14 Feb 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair VENKATA RAYUDU CHINTALAPUDI

    VENKATA NARAYANA RAO PALURI, SRINIVAS IDURI

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair SRINIVAS IDURI

    VENKATA SANDEEP KUMAR REDDY TIKKAVARAPU, TIKKAVARAPU SARITA REDDY

    No meeting listed in the filing.

  • Risk Management Committee

    Chair VENKATA SANDEEP KUMAR REDDY TIKKAVARAPU

    TIKKAVARAPU SARITA REDDY, VENKATA RAYUDU CHINTALAPUDI

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair TIKKAVARAPU SARITA REDDY

    VENKATA SANDEEP KUMAR REDDY TIKKAVARAPU, VENKATA RAYUDU CHINTALAPUDI

    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.

  • Atmakuri & Co.Peer-review certificate valid to Aug 2026
2 earlier auditors
  • MOS & AssociatesNamed in the filing for the quarter to Mar 2024
  • MOS and associatesNamed in the filing for the quarter to Mar 2023

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.

Gayatri 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.Gayatri Projects dividend history

Annual general meeting, 28 Sep 2026

52,319 shareholders on the register on 21 Sep 2026; present: 6 promoters and 87 others; votes counted by N. MADHAVI / N.Madhavi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated financial statements of the company for the financial year ended March 31, 2026 together with the reports of the Auditors and of the Board of Directors thereonMoreLess
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 64.30% · promoters 100.00% · institutions 74.46% · other public 52.90%

  2. Appointment of director in the place of Mrs. T. Sarita Reddy (DIN: 00017122), who retires by rotation and being eligible, offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 64.30% · promoters 100.00% · institutions 74.46% · other public 52.90%

  3. Ratification of remuneration payable to M/s. N.S.V.Krishna Rao & Co., Cost Auditors
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 64.30% · promoters 100.00% · institutions 74.46% · other public 52.90%

  4. Approval for Material Related Party Transaction for availing an unsecured loan from Gayatri Highways Limited
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 40.74% · promoters 0.00% · institutions 74.46% · other public 52.90%

  5. Approval for Material Related Party Transaction for sale of investment
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 40.74% · promoters 0.00% · institutions 74.46% · other public 52.90%

  6. Approval of Material Related Party Transactions entered with Joint Ventures
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 40.74% · promoters 0.00% · institutions 74.46% · other public 52.90%

  7. Approval of Material Related Party Transactions to be entered with Joint Ventures
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 40.74% · promoters 0.00% · institutions 74.46% · other public 52.90%

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, 5 Mar 2026, 7 resolutions

45,623 shareholders on the register on 26 Feb 2026; present: 7 promoters and 62 others; votes counted by N.Madhavi / N.Madhavi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated financial statements of the company for the financial year ended March 31, 2025 together with the reports of the Auditors and of the Board of Directors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 23.81% · promoters 100.00% · institutions 57.16% · other public 18.82%

  2. Re-appointment of Mr.T.V.Sandeep Kumar Reddy (DIN: 00005573), Director, 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 23.81% · promoters 100.00% · institutions 57.16% · other public 18.82%

  3. Ratification of remuneration payable to M/s. N.S.V.Krishna Rao & Co., 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 23.81% · promoters 100.00% · institutions 57.16% · other public 18.82%

  4. Fixation of remuneration payable to Mr.T.V.Sandeep Kumar Reddy, Chairman & Managing Director
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 23.81% · promoters 100.00% · institutions 57.16% · other public 18.82%

  5. Fixation of remuneration payable to Mrs. T.Sarita Reddy, Executive Director
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 23.81% · promoters 100.00% · institutions 57.16% · other public 18.82%

  6. Payment of one-time compensation to Mr. T.V.Sandeep Kumar Reddy, Chairman & Managing Director
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 23.81% · promoters 100.00% · institutions 57.16% · other public 18.82%

  7. Appointment of M/s. N.Madhavi & Associates, 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 23.81% · promoters 100.00% · institutions 57.16% · other public 18.82%

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 Feb 2026, 3 resolutions

45,721 shareholders on the register on 20 Feb 2026; present: 7 promoters and 52 others; votes counted by N.MADHAVI / N.MADHAVI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated financial statements of the company for the financial year ended March 31, 2024 together with the reports of the Auditors and of the Board of Directors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 21.33% · promoters 100.00% · institutions 0.00% · other public 19.02%

  2. Re-appointment of Mrs.T.Sarita Reddy (DIN: 00017122), Director, 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 21.33% · promoters 100.00% · institutions 0.00% · other public 19.02%

  3. Ratification of remuneration of M/s.N.S.V.Krishna Rao & Co, Cost Accountants appointed as Cost Auditors of the Company for the financial year 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 21.33% · promoters 100.00% · institutions 0.00% · other public 19.02%

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, 17 Dec 2025, 4 resolutions

46,480 shareholders on the register on 10 Dec 2025; present: 7 promoters and 62 others; votes counted by N.MADHAVI / N.Madhavi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 20.09% · promoters 100.00% · institutions 0.00% · other public 17.67%

  2. Re-appointment of Mr.T.V.Sandeep Kumar Reddy (DIN: 00005573), Director, 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 20.09% · promoters 100.00% · institutions 0.00% · other public 17.67%

  3. Appointment of M/s.Atmakuri & Co, Chartered Accountants (Firm Regn No. 000268S), as the Statutory Auditors of the Company for a term of 5 (Five) consecutive financial years, i.e. from financial year 2023-24 to financial year 2027-28 and to fix their remunerationMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 20.09% · promoters 100.00% · institutions 0.00% · other public 17.67%

  4. Ratification of remuneration of M/s.N.S.V.Krishna Rao & Co, Cost Accountants appointed as Cost Auditors of the Company 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 20.09% · promoters 100.00% · institutions 0.00% · other public 17.67%

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, 23 Oct 2025, 8 resolutions

47,140 shareholders on the register on 16 Oct 2025; present: 7 promoters and 46 others; votes counted by N.Madhavi / N.Madhavi & Associates.The company's voting result (opens in a new tab)

  1. Increase in Authorized Share Capital of the company and consequential amendment in Memorandum of Association of the company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

  2. Issue of equity shares on preferential basis to Promoter and Non-Promoter group
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

  3. Issue of equity shares to eligible employees under ‘Gayatri Projects Employee Stock Purchase Scheme – 2025’
    Special
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

  4. Appointment of Mr.P.V.Narayana Rao as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

  5. Appointment of Mr.C.V.Rayudu as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

  6. Appointment of Mr.Srinivas Iduri as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

  7. Appointment of Mr.T.V.Sandeep Kumar Reddy as Chairman & Managing Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

  8. Appointment of Mrs.T.Sarita Reddy as Executive Director of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 11.94% · promoters 52.34% · institutions 0.00% · other public 10.80%

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, 3 resolutions

Present: 4 promoters and 54 others.The company's voting result (opens in a new tab)

  1. Consider and adopt Audited Standalone Financial Statement for the financial year ended March 31, 2022 and the Reports of the Board of Directors and Auditors thereon and Resolution 1(b): Consider and adopt Audited Consolidated Financial Statement for the financial year ended March 31, 2022 and the Report of Auditors thereonMoreLess
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.21%

    Turnout: all 15.66% · promoters 100.00% · institutions 45.85% · other public 0.18%

  2. To appoint a Director in place of Mr. J. Brij Mohan Reddy (DIN: 00012927), who retires by rotation, and being eligible, offers himself for re-appointment
    Ordinary
    59.57% for40.43% against

    Against: promoters 0.00% · institutions 59.99% · other public 18.68%

    Turnout: all 15.66% · promoters 100.00% · institutions 45.85% · other public 0.19%

  3. Ordinary Resolution for ratification of remuneration payable to M/s. N.S.V. Krishna Rao & Co., appointed as Cost Auditors of the Company for the F.Y. 2022-23 – Ordinary Resolution
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.23%

    Turnout: all 15.66% · promoters 100.00% · institutions 45.85% · other public 0.18%

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.

Postal ballot, 11 May 2022, 2 resolutions

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Srihari Vennelaganti (DIN: 01829513) as an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.90%

    Turnout: all 53.09% · promoters 100.00% · institutions 82.18% · other public 0.20%

  2. Appointment of Mrs. Pamula Latha (DIN: 08358726) as an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.91%

    Turnout: all 53.08% · promoters 100.00% · institutions 82.18% · other public 0.16%

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, 24 Sep 2021, 4 resolutions

Present: 1 promoter and 57 others.The company's voting result (opens in a new tab)

  1. 1(a): Consider and adopt Audited Standalone Financial Statement for the financial year ended March 31, 2021 and the Reports of the Board of Directors and Auditors thereon and Resolution 1(b): Consider and adopt Audited Consolidated Financial Statement for the financial year ended March 31, 2021 and the Report of Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 57.77% · promoters 100.00% · institutions 80.09% · other public 7.14%

  2. To appoint a director in place of T. Indira Reddy, who retires by rotation, and being eligible, offers himself for reappointment
    Ordinary
    92.15% for7.85% against

    Against: promoters 0.00% · institutions 33.55% · other public 0.12%

    Turnout: all 57.77% · promoters 100.00% · institutions 80.09% · other public 7.14%

  3. Ordinary Resolution for ratification of remuneration payable to M/s. N.S.V. Krishna Rao & Co., appointed as Cost Auditors of the Company for the F.Y. 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 57.77% · promoters 100.00% · institutions 80.09% · other public 7.14%

  4. Re-appointment of Sri. J. Brij Mohan Reddy as Whole Time Director designated as Executive Vice Chairman
    Special
    77.78% for22.22% against

    Against: promoters 0.00% · institutions 95.00% · other public 0.12%

    Turnout: all 57.77% · promoters 100.00% · institutions 80.09% · other public 7.14%

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.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeAdditional Commissioner, KanpurSince 2 Jun 2025
    Appeal submitted and yet to be listed for personal hearing
    At the filing before: Yet to be listed for personal hearing
  • Tax disputeState Appellate AuthoritySince 21 Dec 2025
    Appeal submitted and yet to be listed for personal hearing
    At the filing before: Yet to be listed for personal hearing
  • Tax disputeAssistant Commissioner, Abids, TelanganaSince 20 Feb 2026
    Appeal submitted and yet to be listed for personal hearing
    At the filing before: Yet to be listed for personal hearing
  • Tax disputeDeputy Commissioner of State Tax, KolhapurSince 29 Mar 2026
    Appeal submitted and yet to be listed for personal hearing
    At the filing before: Yet to be listed for personal hearing
  • Tax disputeDeputy Commissioner of State Tax, KolhapurSince 29 Jan 2026
    Appeal submitted and yet to be listed for personal hearing
    At the filing before: Yet to be listed for personal hearing
  • Tax disputeDeputy Commissioner of State Tax, KolhapurSince 29 Jan 2026
    Appeal submitted and yet to be listed for personal hearing
    At the filing before: Yet to be listed for personal hearing
  • Tax disputeExcise and Taxation Officer, PalwalSince 28 May 2026
    Appeal submitted and yet to be listed for personal hearing
    At the filing before: Yet to be listed for personal hearing

In the company's own words, from its latest governance filing.

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
Yes
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.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Preferential IssuesApr 2026, checked by CRISIL RATINGS LIMITED277.10––NoNo deviation from the objects stated in the offer document
₹ 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.