Ahluwalia Contracts (India) Ltd

Trading window details

• Trading window closed for directors, officers, employees and relatives from Oct 1, 2026 to 48h after Q2 results.
• Board meeting date to approve Q2 results will be communicated in due course.

AGM details

• Date of AGM: 29 September 2026.
• Voting mode: Electronic voting (E-Voting) used for results.

Key resolutions and outcomes

• Adoption of financial statements; passed (Ordinary).
• Declaration of dividend for FY 2025-26; passed.
• Re-appointment of retiring director; passed with 5.36% against.
• Re-appointment of Shobhit Uppal as Whole-Time Director; passed with 0.99% against.
• Re-appointment of Vikas Ahluwalia as Whole-Time Director; passed with minimal dissent.
• Remuneration of Cost Auditors ratified; passed.

Directors and auditors

• Retiring director re-appointed as Whole-Time Director for five-year term.
• Shobhit Uppal re-appointed as Whole-Time Director for five-year term.
• Vikas Ahluwalia re-appointed as Whole-Time Director for five-year term.
• Cost auditors remuneration ratified.

Trading window details

• Trading window closed for Directors/Officers/Designated Employees from 01-Oct-2026.
• Closes until 48 hours after Q2 FY2026 unaudited results declaration.
• Not applicable for general investors; trading remains open for them.
• Board meeting date to approve Q2 results will be informed in due course.

AGM Details

• Held on 29 September 2026 at 12:30 IST via VC/OAVM.
• Venue: New Delhi; conducted via Video Conference/OAVM.
• Attendance: 35 members present via VC.
• Quorum confirmed; no record/book closure dates mentioned.

Resolutions & Voting

• Adoption of standalone and consolidated financial statements for March 31, 2026; ordinary resolution. Outcome: Not disclosed.
• Dividend declaration of Rs 0.70 per share (35%); ordinary resolution. Outcome: Not disclosed.
• Re-appointment of Sanjiv Sharma by rotation; ordinary resolution. Outcome: Not disclosed.
• Re-appointment of Shobhit Uppal as WTD/DYMD for 5 years; remuneration to be fixed; ordinary resolution. Outcome: Not disclosed.
• Re-appointment of Vikas Ahluwalia as WTD for 5 years; remuneration to be fixed; ordinary resolution. Outcome: Not disclosed.
• Ratification of remuneration of Cost Auditors for FY 2026-27; ordinary resolution. Outcome: Not disclosed.

Auditors & Related Parties

• No changes to statutory or secretarial auditors disclosed.
• No material related party transactions disclosed in AGM proceedings.

Dividend and AGM record date

• Record date: 22 September 2026 for final dividend payment and AGM.
• Book closure: 23 September 2026 to 29 September 2026 (inclusive).
• Security: Equity shares.
• Purpose: 47th AGM and final dividend payment.

AGM details

• AGM date/time and mode: 29 Sep 2026 at 12:30 PM via VC/OAVM.
• Record/Book closure: 23 Sep 2026 to 29 Sep 2026 (inclusive).
• Notice issued to members on 3 Sep 2026.
• Final dividend, if declared, to follow remote e-voting instructions in the Notice.

Financial Highlights

• FY26 revenue from operations ₹4,565.20 Cr, up 11.4% YoY.
• EBITDA ₹50,599.53 Lakhs; margin 9.52%.
• PAT ₹26,432.16 Lakhs; margin 5.70%.
• Net order book ₹21,096.31 Cr as on 31 Mar 2026.
• Fresh orders won in FY26: ₹10,257.39 Cr.
• L1 bids on two projects ₹1,620.95 Cr.
• Net worth ₹2,059.88 Cr (consolidated equity).
• Net debt negative ₹234.93 Cr; cash surplus.
• Proposed dividend per share ₹0.70 for FY2025-26.
• Board: 8 directors; 4 exec, 4 independent; 1 woman.

AGM Details

• AGM date/time: 29 September 2026, 12:30 IST, via VC/OAVM.
• Record date for AGM and final dividend: 22 September 2026.
• Book closure: 23 September 2026 to 29 September 2026.
• Remote e-voting opens 26 September 2026 at 10:00 IST; ends 28 September 2026 at 17:00 IST.
• Deemed venue: registered office; attendance via VC/OAVM.

Dividend Proposal

• Dividend proposed: Rs 0.70 per share (35%).

Adoption of Financial Statements

• Adoption of standalone and consolidated financial statements for year ended 31 March 2026.

Director Appointments

• Re-appoint Sanjiv Sharma as Director (retiring by rotation).
• Re-appoint Shobhit Uppal as Whole Time Director for 5 years.
• Remuneration: Rs 18.75 lakh per month; travel expenses reimbursed.
• Re-appoint Vikas Ahluwalia as Whole Time Director for 5 years.
• Remuneration: Rs 12.50 lakh per month; travel expenses reimbursed.

Cost Auditor Remuneration

• Cost Auditor remuneration for 2026-27: Rs 2.00 lakh per annum plus taxes.
• Remuneration to be ratified by members.

Other Dividend-Related Provisions

• Dividend, if approved, payable within 30 days of AGM; subject to tax deduction.
• Record date for dividend and e-voting: 22 September 2026.
• E-voting window: 26-28 September 2026.

Overview

• Standalone BRSR for FY2025-26; EPC contractor in building construction.
• Markets: 53 project sites nationwide and 1 international site.
• Reporting boundary: standalone basis for BRSR.

Key ESG Risks & Opportunities

• Client experience and satisfaction identified as an opportunity; improves repeat business and margins.
• Corporate governance identified as a risk; governance weaknesses may affect compliance and trust.
• Business ethics risk; mitigated by Code of Conduct and Whistle-Blower policy.
• Employee engagement and skilled manpower treated as opportunities; training and upskilling expected to boost productivity.
• Human rights & labour conditions identified as risk; policy framework covers human rights.
• Health & safety risk; mitigated by QEHS framework and ISO standards.

Governance & Policy Highlights

• Risk Management Committee oversees sustainability integration; two senior members across major functions.
• Policies include Code of Conduct, Whistle-Blower, POSH, Human Rights, and anti-bribery.
• Policies extend to value chain partners; alignment with NGRBC core elements.
• No penalties or enforcement actions reported in this filing.
• Board-driven governance and internal controls emphasize ethics and compliance.

Social Responsibility & Workforce

• Total employees 3,978; workers 19,879; male/female mix: employees 98%/2%, workers 97%/3%.
• Board female representation 12.5% (1 of 8).
• Turnover: permanent employees 20.82% overall; male 20.77%; female 23.36%.
• LTIFR: employees 0; workers 0.08; injuries 174; fatalities 2.
• Well-being spend 0.61% of revenue.
• CSR focus on education, healthcare and livelihoods; 8+ projects.
• 100% CSR beneficiaries from vulnerable and marginalized groups.
• Vendor management ensures sustainability; 10% inputs from sustainable suppliers.

Environmental Performance

• Total energy 679,165 GJ; Scope 1 13,323 tCO2e; Scope 2 102,088 tCO2e.
• Energy intensity 148.8 GJ/INR crore; PPP-adjusted 302.6.
• Waste generated 24,762 MT; recycled 7,668 MT; landfill 17,052 MT; incineration 42 MT; hazardous 200.9 MT.
• Certifications include ISO 9001, ISO 14001, ISO 45001; ISO 27001:2022 implemented.
• DG sets CPCB Stage-IV deployed to reduce emissions.
• External assurance: Reasonable Assurance by Sustainability Actions for FY2025-26.

Stakeholder Engagement & Complaints

• Key stakeholders: shareholders, regulators, employees, board, clients, workers; engagement as required.
• Engagement channels include website, meetings, emails; frequency: as required.
• No material complaints on working conditions or safety recorded in FY2025-26.
• Grievances tracked with SLA; vendor portal resolves within 30-45 working days.
• POSH ICCs and whistleblower protections in place to address concerns.

Other Notable Metrics

• Affiliations with two associations: National Safety Council and CIDC.
• Public policy: none stated.
• Related-party transactions: sales 0.06% of turnover; loans 1.7%; investments 100%.
• External assurance: Reasonable Assurance provided by Sustainability Actions for FY2025-26.
• Inputs: 12% from MSMEs; 65% sourced within India.

Meeting Details

• Date: August 17, 2026
• Event: 1QFY27 Earnings Conference Call
• Organiser: Ambit Capital Private Limited
• Type/Mode: Group earnings conference call conducted virtually; listen-only lines

Participants

• Deputy Managing Director (Ahluwalia Contracts)
• Director (Ahluwalia Contracts)
• Chief Financial Officer (Ahluwalia Contracts)

Purpose

• Discuss 1QFY27 results and quarterly performance
• Address investor questions on margins, labour costs, and order book

Additional Notes

• Conference recording is in progress