Sri KPR Industries Ltd

AGM Details

• AGM held on 30 September 2026 at 12:00 IST via VC/OAVM.
• Remote e-voting window ran 27–29 September 2026, managed by KFin Technologies.
• Meeting concluded at 2:02 PM IST.
• Quorum satisfied as per Companies Act, 2013.

Key Resolutions

• Ordinary: Adopt audited standalone and consolidated financial statements for FY 2025-26.
• Ordinary: Declare dividend for FY 2025-26.
• Ordinary: Re-appoint Srinath Reddy Nalla by rotation.
• Ordinary: Re-appoint Bhoopal Reddy Aleti by rotation.
• Special: Appoint Sudhakar Chittepu as Independent Director.
• Special: Re-appointment of Kishan Reddy Nalla as Managing Director.
• Special: Continue Bhoopal Reddy Aleti as Whole-time Director after 70.
• Special: Re-designate Amarnath Narsing Rao Basha as Chairman.

Voting Status

• Voting results will be submitted to stock exchanges within the prescribed time.

Sri KPR Industries Limited trading window closed from October 1, 2026 till completion of 48 hours after the declaration of the unaudited Financial Results for the quarter ended September 30, 2026

Arbitration status

• Arbitration status update with Siemens Gamesa over 2MW WTG collapse.
• June 2026 negotiations failed; company to resume arbitration before Hon'ble Arbitral Tribunal.
• Parties: Sri KPR Industries Ltd and Siemens Gamesa Renewable Private Limited.
• No monetary figures disclosed; no explicit financial impact stated.

Director appointments and designation changes

• Sudhakar Chittepu appointed Independent Director for 5 years Aug 31, 2026–Aug 30, 2031, per Nomination & Remuneration Committee.
• Kishan Reddy Nalla reappointed as MD for five years starting Nov 14, 2026, subject to approval.
• Bhoopal Reddy Aleti to continue as Whole-time Director after turning 70, subject to member approval.
• Amarnath Narsing Rao Basha re-designated Independent Director as Chairman, effective Oct 1, 2026, subject to approval.

Governance changes

• Independent Director Naveena Thammishetty Chandra's second term expires Sep 30, 2026 and he ceases as Director.
• Amarnath Narsing Rao Basha appointed Chairman from Oct 01, 2026.
• Audit Committee reconstituted: Amarnath Basha as Chairman; Sudhakar Chittepu as Member; Vineel Nalla as Member.
• Nomination & Remuneration Committee reconstituted: Sudhakar Chittepu as Chair; Amarnath Basha as Member; Vineel Nalla as Member.
• Board approvals and effective date: Oct 01, 2026.
• Committee compositions noted: Basha and Chittepu Independent; Vineel Nalla Non-Independent.

Book closure details

• Book closure: Sept 23, 2026 to Sept 30, 2026 (inclusive) for the 38th AGM.
• AGM date: Sept 30, 2026.

Dividend Record Date

• Final dividend of Rs 1 per equity share for FY2025-26.
• Subject to shareholder approval at the AGM.
• Record Date fixed as Wednesday, 23 September 2026.
• Payment within 30 days from the AGM; TDS applicable.
• Demat holders receive dividend per NSDL/CDSL data on record date.
• Physical shareholders updated in the Register after valid transmission/transposition requests.

Financial performance

• Standalone revenue from operations: 197.49 L; total income: 278.61 L; PAT: 54.81 L; EPS: 0.21.
• Consolidated revenue from operations: 1342.91 L; total income: 1566.46 L; PAT: 651.08 L; EPS: 3.23.
• Dividend proposed: Rs 1 per share; record date 23 Sept 2026; AGM 30 Sept 2026.
• Wind Power segment revenue: 1111.04 L; Pipes segment revenue: 455.42 L.
• AC pipes business discontinued; wind power and civil contracts remain core.
• MP wind turbine dispute arbitration ongoing; discussions with Siemens Gamesa underway.
• Real estate project on hold due to market slump; revival when market improves.
• Subsidiaries: Sri KPR Infra & Projects Limited and Sri Pavan Energy Private Limited.

Governance and leadership

• Sudhakar Chittepu appointed Independent Director for 5 years from Aug 31, 2026.
• Kishan Reddy Nalla re-appointed as MD for 5 years from Nov 14, 2026.
• Bhoopal Reddy Aleti to continue as Whole-time Director beyond age 70 till Sept 30, 2028.
• Amarnath Narsing Rao Basha redesignated as Chairman from Oct 1, 2026.
• Independent Directors met once during the year (Feb 13, 2026).
• Board comprises nine directors: three executive, six non-executive; three independent; one Woman Director.
• Audit, Nomination & Remuneration, and Stakeholders Relationship Committees exist and function.

Operations and strategy

• Pipes AC division discontinued; wind power and civil contracts remain core.
• Discontinued pipes business; wind energy and cash flows from wind and related contracts.
• Two-tier group: Sri KPR Infra & Projects Limited and its 100% subsidiary Sri Pavan Energy Private Limited.
• Agreements and project progress: arbitration ongoing; no new major business lines announced.

Dividends and capital allocation

• Dividend proposed: Rs 1 per share; payout within 30 days if approved.
• Record date: Sept 23, 2026; share transfers subject to dematerialization guidelines.
• Reserves were not transferred to any fund in 2025-26.

Audits and governance

• Statutory auditors: A. M. Reddy & D. R. Reddy; Internal auditors: S. V. Reddy & Associates.
• Secretarial audit by RHR & Associates; observations include promoter shares dematerialization pending.
• Independent auditor’s certificate confirms compliance with Corporate Governance; three board committees in place.

Subsidiaries and group structure

• Sri KPR Infra & Projects Limited: wholly owned subsidiary; wind and civil contracts.
• Sri Pavan Energy Private Limited: wholly owned subsidiary; wind power generation.
• Annexures detail salient features and performance of subsidiary entities.

Risks and outlook

• Outlook remains fair; real estate market risk and wind arbitration are key uncertainties.
• No material regulatory changes observed; ongoing compliance with LODR and governance practices.

Key board decisions and disclosures

• Recommended final dividend of Rs 1 per equity share, subject to shareholder approval at the 38th AGM.
• Auditors' reports for standalone and consolidated FY ended 31 March 2026 issued with unmodified opinion.
• Approved the Board of Directors' Report for FY 2025-26 along with annexures.
• Proposed Sudhakar Chittepu as Independent Director for 5-year term.
• Proposed Srinath Reddy Nalla for re-appointment as Director.
• Proposed Bhoopal Reddy Aleti for re-appointment as Director.
• Proposed Kishan Reddy Nalla as Managing Director from 14-Nov-2026.
• Proposed continuation of Bhoopal Reddy Aleti as Whole-Time Director after turning 70.
• Amarnath Narsing Rao Basha appointed Chairman from 01-Oct-2026.
• Appointed R. Hariprasad Reddy as Scrutinizer for AGM voting.
• Reconstitution of Audit Committee effective 01-Oct-2026.
• Reconstitution of Nomination and Remuneration Committee effective 01-Oct-2026.
• Notice of 38th AGM approved for Sept 30, 2026 at 12 Noon via VC/OAVM.
• Register of Members and Share Transfer Books to be closed Sep 23-30, 2026.