Shreeshay Engineers Ltd

AGM Details

• Date and time: 28-09-2026, 12:30–13:10, held via VC/OAVM.
• Record date: 21-08-2026; on-record shareholders: 172.

Resolutions & outcomes

• Resolution 1 (Ordinary): Adopt Audited Financial Statements and reports; passed.
• Resolution 2 (Ordinary): Re-appoint director retiring by rotation; passed.

Dividend

• No dividend proposed or declared.

Director changes

• Director re-appointment: Jignesh Thobhani; retires by rotation; re-appointed.

Auditors and secretaries

• No auditor appointments or changes reported.

Material Related Party Transactions

• No material related party transactions approved.

Other material approvals

• No other material approvals disclosed.

AGM Details

• AGM held on 28 September 2026 at 12:30 PM IST via VC/OAVM.
• 14 members attended (including 1 director and CFO).
• Remote e-voting open Sep 24 9:00 AM to Sep 27 5:00 PM, voting continued 15 minutes post-meeting.
• Auditors' reports for FY2026 had no qualifications or adverse observations.
• Meeting concluded at 1:10 PM; results to be announced within 2 working days.

Resolutions

• Ordinary: Adoption of Audited Financial Statements and reports for year ended Mar 31, 2026.
• Ordinary: Re-appointment of director by rotation (Jignesh Thobhani, DIN 07702512).

Voting & Outcomes

• Resolutions were placed via remote e-voting; no show of hands.
• Voting results to be announced within 2 working days.

Directors

• Jignesh Thobhani (DIN 07702512) retires by rotation and seeks re-appointment.

Auditors & Secretarial

• Statutory Auditor: Bhargav Gusani, B. B. Gusani & Associates.
• Secretarial Auditor: Martinho Ferrao, MSR & Associates.
• Scrutinizer: Mayuri Rupareliya, M Rupareliya & Associates.

Shreeshay Engineers Limited: Trading window closed from 01 October 2026 till completion of 48 hours after the Unaudited Financial Results for the Half year ending on 30 September 2026

Internal Auditor Appointment

• Appointment of M/s D G M S & Co. as Internal Auditor Aug 28, 2026 for FY 2026-27.
• Term: FY 2026-27 and 2027-28; reason: comply with Section 138.
• Brief profile: Chartered Accountants firm, Mumbai, Reg No 0112187W.
• Relationships with Directors: Not Applicable.

Book closure for AGM

• Book closure: Sep 21, 2026 to Sep 27, 2026 (inclusive).
• Purpose: 31st AGM to be held on Sep 28, 2026.
• AGM date: Sep 28, 2026.

Financial highlights

• Revenue from operations: ₹159.35 lakh in FY26.
• Total income: ₹200.13 lakh in FY26.
• Net profit after tax: ₹23.38 lakh.
• Earnings per equity share - Basic: ₹0.18; Diluted: ₹0.18.
• Profit before tax: ₹32.04 lakh.
• Tax expense: ₹8.66 lakh.
• Transfer to reserves: ₹23.38 lakh.
• Dividend: No dividend declared for FY26.
• Cash flow: Operating cash flow ₹(177.30) lakh; year-end cash ₹440.38 lakh.

Operations and revenue mix

• Single segment: real estate construction and EPC services.
• Revenue mix: flats ₹154.85 lakh; cranes ₹4.50 lakh; commissions ₹4.50 lakh.
• Net profit rose to ₹23.38 lakh from ₹13.54 lakh YoY.
• Capital expenditure ₹1.11 lakh on fixed assets.

Capital structure and liquidity

• Authorized capital ₹14.00 crore; paid-up ₹13.203 crore.
• Net worth ₹2,414.92 lakh; reserves ₹1,094.58 lakh.
• Promoter holding 72.79% (FY26).
• Debt: No borrowings; cash ₹440.38 lakh; current ratio 3.00x.

Governance and leadership

• Board of 4 directors; MD Jignesh Thobhani; independents Himani Bhootra, Manish Pande, Priyanka Moondra Rathi.
• Audit Committee: 3 members; Chair Manish Pande; 4 meetings in FY26.
• Nomination & Remuneration Committee: 1 meeting.
• Stakeholders Relationship Committee: 1 meeting.
• Statutory auditor: B.B. Gusani & Associates; Secretarial auditor: Ferrao MSR; Internal auditor: DGMS & Co.
• Migration to main board approved at AGM held 5 Sep 2025.
• Independent directors met on 28 Mar 2026; board evaluation conducted.
• Related party transactions: Directors’ sitting fees ₹1.10 lakh.

Audit, controls and compliance

• Secretarial audit report MR-3: no qualifications.
• Internal controls adequate; internal auditor reports to Audit Committee.
• Audit trail in accounting software not operative for all transactions; steps to enable.

Risks and contingencies

• Cyclicality in construction and real estate demand.
• Tax disputes outstanding: ₹20.00 lakh total; CPC hearings.
• Majestic Construction & Developers litigation; management expects favorable outcome.

Outlook and strategy

• MD&A emphasizes selective opportunity focus, prudent cost control, and financial discipline.
• Markets supported by infrastructure investment and urbanisation; cautious yet opportunistic expansion.

AGM Details

• Date and time: 28 September 2026 at 12:30 P.M. IST via VC/OAVM.
• Mode: Video Conference / Other Audio-Visual Means (VC/OAVM).
• Book closure: Sep 21–27, 2026 for Members and transfer books.

Key Resolutions

• Adopt Audited Financial Statements and board/auditors' reports (ordinary).
• Re-appoint director Jignesh Thobhani by rotation (ordinary).

Voting Results

• Voting results not disclosed in the notice.

Director Changes

• Re-appointment of Mr. Jignesh Thobhani (DIN 07702512) as director on rotation.
• Current role: Managing Director.
• Remuneration last drawn: 1.
• First appointed: 28/12/2022.
• Shareholding: 96,11,396 shares.
• Other directorships: JSK Securities; HJ Fintech.
• Board committees: Audit Committee and Stakeholders Relationship Committee.
• Attended all FY2025-26 board meetings.

Other Material Approvals

• Annexure A provides details of director proposed for re-appointment.

Director appointment

• Re-appointment of Director Mr. Jignesh Thobhani (DIN 07702512) approved; eligible for re-appointment.

Governance reports

• Draft Board Report with annexures for FY 2025-26 approved.
• Draft MD&A for FY 2025-26 approved.

AGM scheduling

• Draft notice of 31st AGM approved; date, time, and venue fixed.

Notice issuance

• Compliance Officer authorized to issue AGM notice via VC/OAVM.

Scrutinizer appointment

• Appointed M/s. M Rupareliya & Associates as Scrutinizer for 31st AGM.

Internal audit

• Appointed M/s. DGMS & Co. as Internal Auditors for FY 2026-27 and 2027-28.

Price movement clarification

• Company states no pending price-sensitive information affecting share price.
• Share price movement deemed market-driven, not due to any disclosed info.
• Company will inform exchanges of any required information under regulations.