Semac Construction Ltd

Director Re-appointment

• Change: Re-appointment of Harivansh Dalmia as Whole Time Director; subject to AGM.
• Effective date and term: w.e.f. 29 August 2026 for five years.
• Reason: Re-appointment.
• Profile: CA with statutory audit experience at a leading multinational firm.
• Related parties: Related to Abhishek Dalmia (Chairman & MD) and Deepali Dalmia (Director).

Financials and auditors

• Approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
• Statutory auditor reports on these results approved.

AGM and corporate actions

• Approved convening of the 49th AGM on 25 September 2026 via video conferencing.

Director and management changes

• Re-appointment of Harivansh Dalmia as Whole-Time Director for five years from 29 August 2026, subject to member approval.

Merger and subsidiary updates

• Acquired 50% stake in Semac Construction Technologies India Pvt Ltd to become wholly owned subsidiary.
• Merger scheme with Semac Construction Technologies India Private Limited filed with NCLT; only First Motion approved.
• No merger effect in current results pending final NCLT approval.

Regulatory disclosures

• Annexure-A disclosed with WTD re-appointment details.

Dematerialisation actions and outcomes

• Dematerialisation requests during quarter ended 30 June 2026 were confirmed to depositories by MUFG Intime India.
• Securities dematerialised have been listed on the stock exchanges where the earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name updated as registered owner within timelines.

Internal auditor re-appointment

• M/s Number Tree LLP re-appointed as Internal Auditors for FY 2026-27.
• Board approved the re-appointment on 25 May 2026, on Audit Committee recommendation.
• Reason: compliance with Companies Act, 2013 and SEBI LODR requirements.
• Number Tree LLP is an audit and advisory firm with nearly two decades' experience.
• The firm focuses on internal, management, billing, and cost audits for infrastructure projects.

Board approvals

• Approved standalone and consolidated audited financial results for quarter and year ended 31 March 2026.
• Approved statutory auditor reports on the standalone and consolidated results.
• Re-appointed Numbertree LLP as internal auditors for financial year 2026-27.

Auditor opinion

• Statutory auditor issued unqualified opinions on both standalone and consolidated audited results.
• No material modification was reported in the auditor’s opinion.

Key financials

• Consolidated revenue from operations was Rs. 24,270.06 lakh for FY2025-26.
• Consolidated profit after tax was Rs. 727.49 lakh for FY2025-26.
• Standalone revenue from operations was Rs. 22,540.09 lakh for FY2025-26.
• Standalone profit after tax was Rs. 805.51 lakh for FY2025-26.

Business and regulatory updates

• NCLT first motion approved for merger of Semac Construction Technologies India Private Limited into the company.
• No merger accounting impact was recorded in FY2025-26 pending final NCLT approval.
• Labour Codes increased employee benefit liability by Rs. 6.06 lakh.
• Company said Middle East geopolitical developments were being monitored, with no material impact expected.