DMR Engineering Ltd

Meeting Details

• Meeting scheduled for Friday, October 23, 2026; time and location not disclosed.

Key Agenda Items

• Consider standalone and consolidated unaudited financial results for the half-year ended September 30, 2026.

Other Notes

• Trading window closed from October 01, 2026; remains closed until 48 hours after results communication.

Target and ownership

• DMR Balaji JV Private Limited is a newly incorporated civil infrastructure company in India.
• DMR Engineering holds 51% equity in the subsidiary.
• Subsidiary status of DMR Balaji JV confirmed on incorporation date.
• Incorporation date: September 28, 2026.

Financials and consideration

• Size/Turnover: Not disclosed for the newly formed entity.
• Consideration: Cash Rs 51,000.
• Shareholding acquired: 51% equity; 5,100 shares of Rs 10 each.
• Total shares issued: 5,100.
• Form of payment: Cash against subscription.

Purpose and strategic rationale

• Purpose: enable strategic investment and growth avenues outside core services.
• Not in the main line of business; enables new civil infrastructure growth.

Regulatory and background

• Regulatory approvals: Not applicable.
• Industry: Civil construction, barrages, tunnels, and related works in India.
• Incorporation: 28 September 2026; India; newly formed entity.

DMR Engineering Limited trading window closed from October 01, 2026 till 48 hours after communication of financial results for the Half year ending on September 30, 2026

Award details

• Awarding entity: Arun Shakti Energy Private Limited.
• Lead JV formed with Shri Balaji Hydro Construction Private Limited for Kamlang 24.60 MW SHP.
• Scope: civil works for coffer dam, river diversion, barrage, and related components.
• Contract value: Rs 70 crore, exclusive of GST.
• Contract tenure: 780 days.
• Equity split: DMR 51%, SBHCPL 49%.
• Domestic awarding entity; no promoter/group interest; no related-party transactions.

Order details

• Awarding entity: Ta Dam Energy Consulting Co. Ltd., a foreign entity, awards the engineering consultancy.
• Scope: Engineering Consultancy Services for Nam Phak Downstream Hydropower Project in Lao PDR.
• Contract period: 12 months.
• Contract value: USD 200,000 aggregate.
• Domestic/International: International.
• Promoter/group interest: No.
• Related-party: No.
• Significant terms: Engineering consultancy with no specific payment terms disclosed.

Order details

• Awarding entity: Power Finance Corporation Limited.
• Nature/scope: PMA appointment for 1500MW Tarali Pumped Storage Project in Maharashtra.
• Contract value: Rs 1,66,00,000 inclusive of GST.
• Execution period: 8 years.
• Contract type: PMA appointment for engineering consultancy.
• Domestic awarding entity; no related party interest.
• Not a related party transaction; arm's length not applicable.
• Impact: not disclosed.

Order Award Details

• Awarding entity: Power Finance Corporation Limited (domestic).
• Nature: PMA appointment for 1500MW Tarali Pumped Storage Project.
• Contract value: Rs 1,66,00,000 inclusive of GST.
• Contract term: 8 years.
• Contract type: Engineering Consultancy Services.
• Promoter/group interest: None.

Dematerialisation status

• RTA confirmed no physical certificates were received for dematerialisation during the quarter.

AGM Details

• AGM held on 30-06-2026 at 11:30 IST via VC/OAVM.
• Meeting ended at 11:48 PM.
• Record date: 22-06-2026.
• Shareholders on record date: 483.
• Scrutinizer: Dilip Swarnkar & Associates.

Key Resolutions

• Resolution 1: Adoption of audited standalone and consolidated financial statements — Ordinary — Passed.
• Resolution 2: Final dividend of Rs. 0.14 per equity share — Ordinary — Passed.
• Resolution 3: Divay Mittal appointed as Whole-time Executive Director — Ordinary — Passed.
• Resolution 4: Arvind Bhat appointed as Whole-time Executive Director — Ordinary — Passed.
• Resolution 5: Man Mohan Madan appointed as Non-Executive Director — Ordinary — Passed.
• Resolution 6: Rachana Agrawal re-appointment as Non-Executive Independent Director — Ordinary — Passed.
• Resolution 7: Amendment in Object Clause of MOA — Special — Passed.
• Resolution 8: Material Related Party Transactions with DM Consulting Engineers Private Limited — Special — Passed.
• Resolution 9: Approval for payment of managerial remuneration in excess of Section 197 limit — Special — Passed.

Dividend Details

• Final dividend of Rs 0.14 per equity share approved.

Director Changes

• Divay Mittal appointed Whole-time Executive Director.
• Arvind Bhat appointed Whole-time Executive Director.
• Man Mohan Madan appointed Non-Executive Director.
• Rachana Agrawal re-appointed Non-Executive Independent Director.

Material Related Party Transactions

• Approval for Material Related Party Transactions with DM Consulting Engineers Private Limited.

Other Material Approvals

• Amendment in Object Clause of Memorandum of Association.

Acquisition details

• Target: DM Consulting Engineers Private Limited, India-based engineering, procurement and consulting services.
• Turnover: Rs 2,80,25,400 for FY2025-26.
• Related party transaction; promoters Mittal family hold DM Consulting.
• Promoters: Subhash Chander Mittal and Neelam Mittal of the target.
• Industry: Engineering, procurement and consulting for energy and infrastructure.
• Rationale: strategic growth through new energies and geophysical services.
• Regulatory approvals: None required.
• Timeline: Not applicable.
• Consideration: Bonus issue; 10:13 ratio.
• Cost of acquisition: Not disclosed.
• Shareholding after issue: 60% of DM Consulting.
• Background: Incorporated 09-Dec-2014 in India; focuses on engineering and geophysical studies.
• FY2024-25 turnover: Rs 1,18,28,950.
• FY2023-24 turnover: Rs 4,00,000.
• Authorized capital: Rs 5,00,00,000; Paid-up capital: Rs 2,30,00,000.