Scan Projects Ltd

AGM Details

• AGM held on 28 September 2026, 3:00 PM–3:40 PM, in-person at registered office.

Resolutions

• Ordinary: Adoption of Audited Financial Statements and reports for year ended 31 March 2026.
• Ordinary: Re-appointment of Akshay Chandra, Director, retiring by rotation.
• Ordinary: Appointment of auditors for year ending 31 March 2027; remuneration to be fixed.
• Special: Approval for material related party transactions for FY 2026-27.

Voting Outcome

• All resolutions passed with requisite majority; no dissent reported.

Auditors

• Reappointed: M/s Subhash Sajal & Associates; tenure to 31 March 2027; remuneration to be fixed.

Directors

• Akshay Chandra re-appointed as Director on rotation.

Related Party Transactions

• Approval granted for material related party transactions for FY 2026-27.

Scan Projects Limited — Trading Window closed from 01 October 2026 until end of 48 hours after the declaration of unaudited financial results for the quarter ended 30 September 2026.

AGM Details

• 34th AGM on 28 Sep 2026, 3:00 PM, at registered office; physical mode.
• Cut-off date for voting fixed at 21 Sep 2026.
• Register of Members closed from 22 to 28 Sep 2026 (inclusive).
• AGM conducted in physical mode per MCA guidelines.

Resolutions Put to Vote

• Adopt Audited Financial Statements and Directors' Report for FY 2025-26.
• Re-appoint Akshay Chandra as Director by rotation.
• Appoint Subhash Sajal & Associates as auditors for 2026-27.
• Special Resolution: approve material Related Party Transactions.

Dividend

• Dividend: No dividend recommended for FY 2025-26.

Directors & Auditors

• Directors: Akshay Chandra seeking re-appointment by rotation.
• Auditors: Re-appointed for 2026-27; tenure one year.

Material Related Party Transactions

• Counterparties: CPW, CP Industries, Christian Pfeiffer, Renewal Power.
• Total RPT value: CPW Rs 23.0 Cr; CP Industries Rs 5.53 Cr.
• Christian Pfeiffer Rs 2.40 Cr; Renewal Power Rs 1.05 Cr.
• Approved by Special Resolution under Section 188.

Other Material Approvals

• Merger plan: Chanderpur Industries Pvt Ltd into Scan Projects.
• Awaiting regulatory approvals; not yet effective in accounts.

Financial snapshot

• Revenue from operations Rs 15.69 Cr in FY26; Rs 11.94 Cr in FY25.
• EBITDA Rs 0.63 Cr; PAT Rs 0.71 Cr; PBT Rs 0.96 Cr.
• EPS Rs 2.49; net worth Rs 6.21 Cr; debt-to-equity 0.09x.
• Dividend not recommended for FY25-26.
• Two major customers contributed about 75.63% of revenue.
• Current borrowings Rs 5.29 Cr; lease liabilities Rs 0.79 Cr; no long-term borrowings.

Segment performance

• Segments: Erection/Commissioning revenue Rs 6.46 Cr; Trading Rs 9.23 Cr; total Rs 15.69 Cr.
• Segment profit: Erection Rs 0.68 Cr; Trading Rs 0.55 Cr; total Rs 1.23 Cr.
• Unallocable expenses Rs 65.05 Lacs; Finance costs Rs 1.21 Lacs.
• Profit before tax Rs 95.99 Lacs; tax Rs 24.55 Lacs; PAT Rs 71.45 Lacs.
• Domestic operations; two related customers dominate revenue.

Strategic developments

• Merger with Chanderpur Industries Pvt Ltd approved; final stages in NCLT.
• Merge to create vertically integrated EPC platform; expands asset base.
• Awaiting approvals from stock exchanges and regulators; no adverse BSE observation.
• NextGen strategies to expand market share across India.

Governance & risk

• Board: six directors; four non-exec; three independent; seven meetings.
• Audit Committee: four members; seven meetings; no material concerns.
• Secretarial audit: no qualification; vigil mechanism in place.
• Risk management: board oversees risk framework; financial controls robust.

Related party disclosures

• FY26 related-party transactions total Rs 31.98 Cr; major items with CPW, CP Industries, Pfeiffer, Renewal Power.
• All related party transactions are in ordinary course and arm's length; Special Resolution approved item 4.
• Balances with related parties: trade receivables ~Rs 4.76 Cr; loans to related parties Rs ~2 Cr.
• Remuneration and terms with KMPs disclosed; related policy in place.

Outlook & risks

• Order book supports near-term growth; merger enables larger EPC bids.
• Outlook positive amid infrastructure push; potential macro or regulatory risks.

Financial results

• Approved standalone unaudited Q1 FY2026 results for quarter ended 30 June 2026.
• Audit Committee reviewed results prior to board approval.
• Profit for the quarter: ₹12.59 Lacs.
• Basic EPS from continuing operations: ₹0.44.

Related party transactions

• Approved related party transactions (RPTs) limit for FY 2026-27.
• Limit aligned with Audit Committee approval on 29 May 2026.

AGM notice dispatch

• Approved dispatch of Notice for the 34th AGM within statutory timelines.

Merger status

• merger with Chanderpur Industries approved 2025; approvals pending, including NCLT.
• Not yet effected in standalone statements as of 30 June 2026.

Segment information

• Two operating segments identified: Erection/AMS and Trading.
• Q1 2026 revenue ₹215.98 Lacs; net segment results ₹16.68 Lacs.

Meeting Details

• Board meeting on 13 August 2026 at 04:20 PM at the registered office, Vill Kanjnu, Yamuna Nagar, Haryana.

Key Agenda Items

• Discuss, adopt and approve financial results for the quarter and year ended June 30, 2026.
• Discuss, consider and approve related party transactions for the financial year 2026-27.
• Discuss and fix date for notice of Annual General Meeting for 2026-27.

Other Notes

• Trading window closed from July 1, 2026, until 48 hours post Q1 standalone audited results.