AGI Infra Ltd

AGM Details

• 21st AGM held on September 30, 2026 from 3:30 PM to 4:47 PM at the registered office.
• Physical meeting; quorum present and proceedings began.

Key Resolutions

• Adoption of standalone and consolidated financial statements for year ended March 31, 2026.
• Final dividend on equity shares for year ended March 31, 2026.
• Re-appointment of Sukhdev Singh Khinda by rotation as Director.
• Special Business: Re-appointment of Anuj Rai Bansal by rotation as Director.
• Ratification of remuneration of Cost Auditors for FY 2026-27.

Voting Status

• Adoption of financial statements: results pending.
• Dividend proposal: results pending.
• Khinda re-appointment: results pending.
• Anuj Rai Bansal re-appointment (Special): results pending.
• Cost auditor remuneration: results pending.

Dividend

• Final dividend on equity shares proposed.

Director Changes

• Sukhdev Singh Khinda re-appointed by rotation as Director.
• Anuj Rai Bansal by rotation as Director (Special Business).

Auditors

• Remuneration of Cost Auditors ratified for FY 2026-27.

Voting Mechanics

• Remote e-voting window: Sep 27–29, 2026.
• Ballot paper voting conducted at AGM; Scrutinizer appointed.
• E-voting services provided by NSDL.

AGI Infra Ltd — Trading Window Closure Notice

Dividend and TDS update

• Board recommended final dividend of 20% (Re 0.20) for FY2025-26, subject to AGM approval.
• Record date fixed at September 23, 2026 for entitlement to the dividend.
• Final dividend payable within 30 days from the AGM date.
• Resident shareholders: TDS at 10% on dividend; exempt for resident individuals with ≤ Rs 10,000 annual dividend.
• PAN absent/invalid triggers 20% TDS; non-linking PAN with Aadhaar also 20%.
• Lower withholding certificate allowed; rate per certificate; submission required.
• Non-residents: WHT 20% plus surcharge; DTAA may reduce to 35%; require residency certificate and documents.
• Deadline to submit tax-related documents by September 30, 2026.
• Shareholders with multiple accounts under different statuses must apply the higher tax rate to whole holding.
• Update bank details, PAN, and tax status with depositories or Bigshare by Sept 30, 2026.

QIP details

• Board approved QIP to raise up to Rs 275 crore, subject to shareholder and regulatory approvals.
• Securities: equity shares and/or other convertible securities under SEBI ICDR 2018.
• Aryaman Financial Services Limited appointed as Book Running Lead Manager.
• CS Gaurav Thakur appointed as scrutinizer for postal ballot and e-voting.
• Postal ballot notice to seek shareholder approval for the QIP.
• Issue size up to Rs 275 crore; price/floor price not disclosed.
• Opening/closing dates, allotment date not specified.
• Change in control or shareholding impact not disclosed.
• Allottees >5% not provided.
• Material deviation/variation in use of QIP proceeds not disclosed.

Fundraising approval

• Approved raising up to Rs 275 crore via QIP in one or more tranches.

Advisory appointments

• Appointed Aryaman Financial Services Limited as BRLM for the QIP.
• Appointed CS Gaurav Thakur as Scrutinizer for postal ballot and e-voting.

Postal ballot and approvals

• Notice of Postal Ballot to seek shareholder approval for fund-raising.

Rating actions

• Agency: India Ratings and Research Pvt Ltd; Bank Guarantee rating affirmed IND A4+.
• Bank Loan Facilities upgraded to IND BB+/Stable.

Instruments and amounts

• Bank Guarantee: INR 74.50 million.
• Bank Loan Facilities: INR 1,425.50 million.

Subsidiary context

• Worldnext Realty LLP is a subsidiary of AGI Infra Ltd.

Outlook

• Bank Loan Facilities outlook: Stable.

Rating actions

• Bank Loan Facilities upgraded to IND BB+/Stable (INR 1,425.50 million).
• Bank Guarantee affirmed at IND A4+ (INR 74.50 million).