Garuda Construction and Engineering Ltd

AGM Details

• Date 30 September 2026, time 11:00 AM, mode VC/OAVM.

Ordinary Business

• Adoption of standalone and consolidated financial statements for year ended 31 March 2026.
• Director re-appointment by rotation.

Special Business

• Secretarial Auditor appointed.
• Related Party Transactions approved.

Voting Status

• Results to be uploaded within 48 hours of conclusion.

Garuda Construction and Engineering Limited: Trading window closed from Oct 01, 2026; opens 48 hours after the announcement of the financial results for quarter ended Sep 30, 2026

Key update

• Rectified Consolidated Limited Review Report submitted to NSE correcting quarter-end date to 30 June 2026.
• No changes to unaudited standalone or consolidated results for quarter ended June 30, 2026.
• Rectified report issued by statutory auditors and submitted for records and necessary action.
• Three subsidiaries' interim results not reviewed; revenues nil.

Clarification on upload

• Incorrect document uploaded on BSE portal due to technical glitch.
• Company requests stakeholders to ignore the unrelated document.
• Document does not pertain to Garuda Construction and Engineering Limited.
• Notice date: August 15, 2026.

Presentation release

• Investor presentation for Artemis Electricals uploaded on the company website and submitted to BSE.
• Presentation is for information only; no securities offer or binding commitment.

Strategic focus and margins

• Q1 FY27 revenue moderated as the company focuses on higher-margin, turnkey projects.
• Shift aims to improve EBITDA and PAT margins despite a lower topline.

Turnkey contracting and operations

• Integrated turnkey contracting is preferred; single-point EPC and procurement to execution.
• End-to-end project delivery supports strategic growth in infrastructure sectors.

Governance and management

• Shivkumar Chhangur Singh remains Whole-Time Director and CFO, appointed December 23, 2018.
• Board comprises non‑executive and independent directors; no material changes disclosed.

Business focus and sectors

• Operations cover Electrical, Mechanical and MEP services in government, smart city and hospitality.

Event overview

• Creation of pledge on promoter shares by PKH Ventures Limited on 31 July 2026.

Key details

• Target: Garuda Construction and Engineering Limited
• Encumbrance: Pledge on 65,00,000 shares (6.99% of total share capital)
• Promoter holding: 4,81,00,490 shares (51.7%)
• Encumbered promoter holding: 65,00,000 shares (13.51% of promoter holding)
• Promoter/PAC: PKH Ventures Limited
• Encumbrance in favour of: Aditya Birla Capital Limited
• Reason: Working capital
• Amount involved: ₹50 crore
• End use of funds: Working capital
• Date of creation: 31 July 2026

Purpose & board actions

• Rectified Limited Review Report corrected period to quarter ended 30 June 2026.
• Board approved standalone and consolidated Q1 FY2026 results at 10 Aug 2026 meeting.

Standalone financials

• Standalone revenue from operations: 17,538.17 Lakhs for quarter ended 30 June 2026.
• Standalone profit after tax: 4,155.53 Lakhs for the quarter.

Consolidated financials

• Consolidated revenue from operations: 17,538.17 Lakhs for quarter ended 30 June 2026.
• Consolidated profit after tax (PAT) including non-controlling interest: 4,154.48 Lakhs.

Capital & governance

• Paid-up equity share capital: 4,652.09 Lakhs; face value ₹5.00.
• MD & Chairman: Brijendra Kumar Agarwal (DIN: 00845482).
• Board meeting held 10 August 2026 (10:00–10:35 AM).