SPML Infra Ltd

AGM details

• AGM held on 25 September 2026 at 11:00 AM via video conferencing.
• Mode: VC/OAVM for the AGM.
• Voting cut-off date identified as 18 September 2026.

Key resolutions and outcomes

• Item 1: Adoption of standalone and consolidated financials; ordinary; passed.
• Item 2: Re-appointment of Manoj Kumar Digga on rotation; ordinary; passed.
• Item 3: Ratify remuneration of Cost Auditor for FY 2026-27; ordinary; passed.
• Item 4: Re-appointment of Rajiv Kumar Jain as Independent Director for 5 years; special; passed.

Appointments and audits

• Manoj Kumar Digga re-appointed as Director (retiring by rotation).
• Rajiv Kumar Jain re-appointed as Independent Director for five years.
• Cost Auditor remuneration for FY 2026-27 ratified.

AGM Details

• Date/time/mode: 25 Sep 2026 at 11:00 AM via VC/OAVM.
• Remote e-voting: 22-24 Sep 2026; e-voting at AGM allowed.
• Scrutinizer appointed: Tumul Maheshwari, Practising Company Secretary.
• Meeting concluded: 11:50 AM.

Ordinary Business

• Adopt audited standalone and consolidated financial statements for year ended 31 March 2026.
• Re-appoint Manoj Kumar Digga, retiring by rotation.

Special Business

• Ratify remuneration of Cost Auditor for FY 2026-27.
• Approve second five-year term for Rajeev Kumar Jain as Independent Director.

Meeting Details

• Date: 29 September 2026, 01:00–02:00 PM
• Type: Group investor meeting
• Mode: Virtual
• Organizer/Event: Arihant Capital – Connect Conference, Rising Star 2026
• Purpose: Analyst/investor interaction based on public documents

Participants

• Company management representatives (roles not specified)

Meeting Details

• Date and time: 9 September 2026, 01:00–02:00 pm.
• Type and mode: virtual analyst meet.
• Organizer: Go India Advisors Ltd.
• Participants: SPML Infra management to attend; investors and analysts invited.
• Purpose: investor interaction referencing publicly available documents.

Meeting Details

• Date and time: 5 September 2026 at 11:00 AM.
• Type and mode: Virtual investor meet.
• Event/organiser: Corporate Connect Series by Arihant Capital.

Participants

• Key company participants: Management team and Company Secretary.

Purpose

• Purpose: investor/analyst interaction referencing public documents; no UPSI intended.

Additional Notes

• Schedule is indicative and subject to change.

Financial performance

• Revenue from operations: ₹86,846.06 lakh; up 11.76% YoY.
• EBITDA: ₹8,636.64 lakh; margin 9.73%.
• PAT: ₹7,624.94 lakh; up 54.7% YoY.
• Basic EPS: ₹10.36; Diluted ₹9.53.
• Order book ₹5,369 crore; net worth ₹999 crore; debt/equity 0.35x.

Capital structure & liquidity

• Net debt ₹28,284.13 lakh; gearing 29.83%.
• Total borrowings ₹34,640.45 lakh; cash & equivalents ₹6,356.32 lakh.
• Dividend for FY2025-26 not declared.
• Net worth ₹999 crore; ROE 8.39%.

Strategic momentum & outlook

• Order book up 71% YoY to ₹5,369 crore; ~₹4,000 crore new projects.
• NTPC Barauni BESS order: ₹1,128 crore; 250 MW / 1,000 MWh; 15-year O&M.
• Supa-Parner Pune BESS assembly: initial 2.5 GWh; expansion to 5 GWh.
• SPML 2.0 focus: selective bidding with margin discipline.

Dividend & capital returns

• Dividend policy: Board did not declare any dividend for FY2025-26.

Governance & leadership

• MD Abhinandan Sethi appointed 3 Sept 2025; Independent Rajeev Kumar Jain appointed 3 Sept 2025.
• Board size 10; independent directors ≈50% of board.
• ESG governance and familiarization initiatives in place.

CSR & ESG progress

• CSR spend ₹56.36 lakh; education, healthcare, skill development.
• BRSR framework adopted; ESG policies and external advisory support.

Resolution details

• Purpose: postal ballot to approve resolutions, including director re-appointment.
• Resolution 1 (Special): Re-appointment of Mr. Tiruvidaimarudhur Sivashankar as Independent Director.
• Outcome: Approved; total votes polled 27,768,591; in-favour 27,768,088; against 503.
• Result: Special resolution passed by requisite majority.
• Impact: Governance change; no share capital changes.
• Director details: Mr. Tiruvidaimarudhur Sivashankar, Independent Director; term not disclosed.
• Turnout: 27,768,591 shares polled; promoter group turnout 73.69%.