Devoted Construction Ltd

Meeting Details

• Date: 09 October 2026.
• Time: not disclosed.
• Location: Registered Office, M-55, 3rd Floor, M-Block Market, Greater Kailash-II, New Delhi 110048.

Key Agenda Items

• Appointment of Internal Auditor: M/s Mahesh Sharma & Associates for five years (FY 2026-27 to 2030-31).
• Appointment of Mr. Chandrashekhar Singh as Director, subject to applicable laws and consents.
• Such other matters as may be incidental to the above agenda items.
• To transact any other business with the permission of the Chair.

Other Notes

• Company will make requisite disclosures to the Stock Exchange upon conclusion of the Board Meeting.

Devoted Construction Limited trading window closed from Thursday, 1% October, 2026 till 48 hours after declaration of financial results for the quarter and half year ending September 30, 2026

AGM details

• Date and time: 30 September 2026, 2:30 PM; mode: physical in New Delhi.
• Meeting began at 2:30 PM and concluded at 4:30 PM.

Key resolutions

• Ordinary: Adopt Standalone Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Re-appointment of Mr. Suresh Bohra (DIN 00093343), retiring by rotation.

Voting outcomes

• Resolution 1 passed unanimously by show of hands.
• Resolution 2 passed unanimously by show of hands.

Director changes

• Re-appointment of Mr. Suresh Bohra approved; no other changes.

AGM and book closure

• AGM on 30 Sep 2026 at 02:30 PM, M-55, 3rd Floor, M Block Market, GK-2, New Delhi.
• Register of Members and Share Transfer Books closed 23-30 Sep 2026.
• Notice of AGM and Annual Report 2025-26 available on company website.

AGM Details

• Date/time: 30 September 2026, 2:30 PM; venue: M-55, 3rd Floor, Greater Kailash II, New Delhi.
• Mode: Physical meeting; attendance by proxy permissible.
• Register/Book closure: 24-30 September 2026 (inclusive).
• Notice date: 7 September 2026.

Key Resolutions

• Item 1 (Ordinary): Adopt Standalone Audited Financial Statements for year ended 31 March 2026.
• Item 2 (Ordinary): Re-appoint Mr. Suresh Bohra as Director, retiring by rotation.

Director Changes

• Mr. Suresh Bohra to be re-appointed as Director; retires by rotation.

Voting Results

• Voting outcomes not disclosed in this filing.

Financial snapshot

• Revenue from operations: ₹10.00 Lakhs; total expenditure: ₹20.52 Lakhs; loss before tax ₹10.52 Lakhs.
• Profit after tax: ₹-10.52 Lakhs; basic/diluted earnings per share: ₹-0.35.
• Dividend: no dividend declared for FY2025-26.
• FSI inventories ₹14,746.81 Lakhs; recovery on disposal uncertain.
• Authorized capital ₹310.00 Lakhs; paid-up capital ₹300.11 Lakhs.
• Long-term borrowings ₹12,980.10 Lakhs; other non-current liabilities ₹1,047.97 Lakhs.
• Inventories ₹14,765.90 Lakhs; cash and cash equivalents ₹30.59 Lakhs.
• Shareholders' funds ₹855.26 Lakhs; debt‑equity ratio 15.18x.
• Promoter holding: Suresh Bohra 20.25%; employees on rolls: 4.

Capital structure & shareholder

• Authorized capital ₹310.00 Lakhs; issued/subscribed & paid-up ₹300.11 Lakhs.
• Long-term borrowings ₹12,980.10 Lakhs; other non-current liabilities ₹1,047.97 Lakhs.
• Total shareholders' funds ₹855.26 Lakhs.
• Debt‑equity ratio 15.18x.

Operational developments

• Lucknow Kaustubh Infraprojects Pvt Ltd project valued at ₹5 Crores.
• FSI inventories from Blueblood Ventures recorded at ₹14,746.81 Lakhs.
• No foreign currency exposure for FY2025-26.

Governance & audit

• Board: 4 directors; 1 Executive, 2 Independent, 1 Non-Executive Non-Independent.
• Internal audit not appointed; company in process to appoint.
• Secretarial audit by MZ & Associates; observations on internal audit compliance.
• Auditors: KRA & Associates; Emphasis of Matter on FSI inventories; going concern not questioned.

Regulatory & market status

• Trading in shares suspended since 21 Nov 2022; revocation with BSE pending.
• SME-listed entity; corporate governance exemptions apply; 100% dematerialization as at 31 Mar 2026.

Related party transactions

• Related party disclosures (Note 21) include Blueblood Ventures, Beta Stock Brokers, Blackfox entities.
• Key managerial remuneration: Priya Aggarwal ₹3.65 Lakhs; Gaurav Bohra and other KMPs disclosed.
• Loans from related parties and balances with Blueblood Ventures; balances recorded in notes.

Risks & outlook

• Outlook notes market volatility in real estate; regulatory changes (RERA, GST) impacting performance.
• Significant debt and ongoing delisting/regulatory actions pose liquidity/rating risks.

Dematerialisation status

• No physical share certificates were received for dematerialisation.