VVIP Infratech Ltd

VVIP Infratech Ltd: Trading Window Closed from 1 October 2026 till 48 hours after the declaration of the unaudited financial results for the half year ended 30 September 2026.

AGM Details

• AGM held on 28 September 2026 at 3:00 PM via VC/OAVM.

Resolutions & outcomes

• Adoption of Audited Standalone and Consolidated Financial Statements for year ended 31 March 2026 — Passed.
• Re-appointment of Vibhor Tyagi as Whole-Time Director — Passed.
• Ratification of remuneration of Cost Auditor for FY 2026-27 — Passed.
• Approval of material related party transactions for FY 2026-27 up to ₹100 Crores — Passed.
• Appointment of Independent Director Adarsh Rastogi for five-year term (2026-2031) — Passed.
• Modification of Articles of Association to align with business — Passed.
• Modifications to Memorandum of Association to align objects with business — Passed.
• Ratification of remuneration of Secretarial Auditor for FY 2025-26 — Passed.

Other AGM details

• Remote e-voting conducted Aug 25–27, 2026; results to be declared within 48 hours.
• Scrutinizer appointed: M/s Sagar Saxena & Co., to oversee e-voting.
• Meeting concluded at 3:43 PM.

AGM details & outcome

• AGM held on 28 September 2026 at 15:00 IST via Video Conferencing; concluded at 15:43 IST.
• All Resolutions Nos. 1-8 were approved by the Members with requisite majority.
• Combined voting results and Scrutinizer’s Report dated 28 September 2026 uploaded on the company website.
• Voting comprised remote e-voting and e-voting at the AGM.

WTD Re-appointment: Vibhor Tyagi

• Type: Re-appointment as Whole-Time Director.
• Effective date: 28 September 2026.
• Term: on terms approved by Members; retirement by rotation applies.
• Reason: re-appointment after retirement by rotation.
• Brief profile: Oversees real estate via VVIP Realtech; 10+ years in real estate.
• Family relationships: son of Chairman Praveen Tyagi; brother of MD Vaibhav Tyagi.
• Shareholding: 32,51,225 shares (13.02%).
• Confirmation: not debarred by SEBI or other authorities.
• Disclosures: no listed-entity directorships; no committee roles disclosed.

Independent Director: Adarsh Rastogi

• Type: Appointment of Independent Director.
• Effective date: 28 September 2026.
• Term: five consecutive years from 28 Sep 2026 to 27 Sep 2031.
• Reason: approved at the 25th AGM.
• Brief profile: 10+ years in business, technology, and CS; CS postgraduate.
• Independence: not related to any Directors or KMP; independence confirmed.
• Shareholding: Nil in the Company.
• Disclosures: not debarred; meets independence criteria.
• No directorships in listed entities disclosed.

AGM video submission

• Video recording of 25th AGM on 28 Sep 2026 submitted to BSE and uploaded on company's site.
• Recording will be shared with members and stakeholders as per regulatory requirements.
• Regulatory compliance under SEBI LODR Regulations 2015, Regs 30 and 46.

AGM Details

• Date/time: 28 Sep 2026, 15:00–15:43 IST; mode: VC/OAVM.
• Remote e-voting window: 25–27 Sep 2026; cut-off date: 21 Sep 2026.
• Quorum achieved; meeting conducted via VC/OAVM.

Key Resolutions

• Adopt standalone and consolidated financial statements for the year ended 31 March 2026.
• Re-appoint Vibhor Tyagi as Whole-Time Director, retirement by rotation.
• Remuneration of Cost Auditor ₹75,000 for FY2026-27.
• Approve material related party transactions for FY2026-27 up to ₹100 crore.
• Appoint Adarsh Rastogi as Independent Director for five-year term.
• Modify and update Articles of Association.
• Adopt modifications to Memorandum of Association.
• Remuneration of Secretarial Audit Firm ₹50,000 for FY2025-26.

Voting Results

• Resolution 1: Financial statements adopted; Passed.
• Resolution 2: Vibhor Tyagi re-appointment approved; Passed.
• Resolution 3: Cost Auditor remuneration ₹75,000 approved; Passed.
• Resolution 4: Related party transactions up to ₹100 crore approved; Passed.
• Resolution 5: Adarsh Rastogi Independent Director appointed; Passed.
• Resolution 6: Articles of Association modifications approved; Passed.
• Resolution 7: Memorandum of Association modifications approved; Passed.
• Resolution 8: Secretarial Audit remuneration ₹50,000 approved; Passed.
• Overall: All resolutions passed; no dissent reported.

Director Changes

• Appoint Adarsh Rastogi as Independent Director for five-year term.
• Re-appointment of Vibhor Tyagi as Whole-Time Director approved.

Auditors

• Cost Auditor remuneration ratified ₹75,000 for FY2026-27.
• Secretarial Auditor remuneration ratified ₹50,000 for FY2025-26.
• No new statutory auditor appointments announced.

Related Party Transactions

• FY2026-27 related party transactions approved up to ₹100 crore.

Other Approvals

• MOA modifications approved.
• AOA modifications approved.

Key Decisions

• Directors' Report and Annual Report for FY2025-26 approved for AGM placement.
• Notice for 25th AGM approved, with explanatory statement and meeting arrangements.
• Re-appointment of Vibhor Tyagi as Whole-time Director; remuneration unchanged at ₹48 Lakh; effective Sep 25, 2026.
• Appointment of Adarsh Rastogi as Independent Director; subject to Members' approval.
• Material Related Party Transactions approved/recommended; to seek Members' approval at AGM.
• Adoption of new Articles of Association; subject to Special Resolution at AGM.
• Adoption of new Memorandum of Association; subject to Special Resolution at AGM.
• Remuneration for Secretarial Auditor approved at ₹50,000 plus taxes; ratification at AGM.
• Other routine matters noted; officers authorised to implement decisions.

LOI details

• LOI valued at ₹198.50 crore for Delhi DSTP sewerage works; 24-month duration.
• Scope includes internal and peripheral sewer lines and HSCs.
• Awarded by the Office of Executive Engineer (PR), SR-I, Delhi Jal Board.
• Funding sourced from Government of NCT Delhi.

Order book status

• Unexecuted standalone order book stands at ₹1,072.14 crore.
• Covers STP, sewerage, RDSS, and Jal Jeevan Mission projects.
• Represents 2–3 years of standalone revenue visibility.
• Recent STP project win worth ₹104 crore referenced.

Management commentary & outlook

• MD notes major wins and a healthy outlook for the year.
• Strengthened credentials expected to support execution pipeline.

Key disclosures

• VVIP Infratech receives LOI for Delhi sewerage works valued at ₹198.50 crore, 24-month completion.
• Scope includes sewer lines and HSCs under DSTPs at Mohammadpur Majri & Kanjhawala.
• LOI funded by Government of NCT Delhi under GNCT Delhi budget.
• Order book stands at ₹1,072.14 crore after LOI and Haryana STP LOA, implying 2-3 years revenue visibility.
• Recent Haryana STP LOA worth ₹104 crore received in July 2026.