Afcons Infrastructure Ltd

Afcons Infrastructure Ltd announced its Board of Directors has recommended a dividend of ₹2.00 per equity share (20%) for the Financial Year ended March 31, 2026. The dividend is payable on or after July 30, 2026, subject to shareholder approval at the AGM on July 30, 2026. The company has also provided detailed information regarding Tax Deduction at Source (TDS) on dividend payments, outlining varying withholding tax rates based on shareholder residency and submitted documentation. Specific procedures for claiming tax exemptions and requirements for physical security holders are also detailed.

Afcons Infrastructure Limited has issued a letter to its members and debenture holders regarding the Annual Report for FY 2025-26. This report, which includes the Notice of the 50th Annual General Meeting (AGM) and the Business Responsibility and Sustainability Report, is being sent via physical letter with a web-link to those who haven't registered their email addresses. The AGM is scheduled for July 30, 2026, at 3:00 PM IST, to be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) as permitted by the Ministry of Corporate Affairs. The Annual Report is accessible on the company's website, NSDL, and stock exchange websites. The company also reminds security holders to update KYC details and dematerialize physical securities.

Afcons Infrastructure Ltd has submitted its Business Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-26. The report, prepared on a standalone basis, includes a Limited Assurance Report on BRSR Core Indicators provided by Deloitte Haskins and Sells LLP. The BRSR is an integral part of the company's Annual Report and is available on their website. The filing details general corporate information, business activities contributing to 100% of turnover (Construction & Civil Engineering), products/services, operational locations (77 national plants, 13 international), markets served (15 national states, 12 countries), and export contribution (27.97% of turnover).

Afcons Infrastructure Ltd has announced its 50th Annual General Meeting (AGM) will be held on July 30, 2026, at 3:00 PM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). In compliance with SEBI regulations, the company has enclosed the Notice of the AGM and the Annual Report for the Financial Year 2025-26, which includes the Business Responsibility and Sustainability Report. Both documents have been sent electronically to members with registered email IDs and physically to others. They are also available on the company's website and the NSDL e-voting portal.

Afcons Infrastructure Ltd. has released its Annual Report for the Financial Year 2025-26, coinciding with its 50th Annual General Meeting (AGM). The AGM is scheduled for July 30, 2026, to be held via Video Conferencing. The report includes the Business Responsibility and Sustainability Report and details the company's engineering achievements, global presence across over 30 countries, and commitment to sustainable infrastructure development. It also outlines financial highlights, strategies, and project snapshots. The report is available on the company's website and NSDL's e-voting platform.

Afcons Infrastructure Ltd has received a penalty order from the Tahsildar, Bhiwandi, Maharashtra, imposing a fine of ₹16.48 Crores. The penalty is related to alleged irregularities concerning earth excavation and removal activities in the Mouje Purna and Rahanal area for the MML5 Project. The company disputes the order and intends to file an appeal. At present, there is no financial impact on operations.

Afcons Infrastructure Ltd has received a favourable arbitration award amounting to INR 148.67 Crores. This award pertains to claims arising from a Tunnel Project, specifically the construction of Tunnel T74-R balance work on the Dharaam-Qazigund section of the USBRL Project in Jammu and Kashmir. The Arbitral Tribunal has also directed the release of Afcons' Bank Guarantee. The company anticipates a positive impact on its financial position, subject to the counter-party not challenging the award within the stipulated legal period.

Afcons Infrastructure Ltd has announced its 50th Annual General Meeting (AGM) scheduled for July 30, 2026. The company's Board of Directors recommended a final dividend of ₹2.00 per equity share (20%) for FY 2025-26. The record date for determining dividend entitlement has been fixed as July 23, 2026. If declared at the AGM, the dividend will be paid on or before August 28, 2026. Additionally, July 23, 2026, is set as the cut-off date for voting eligibility, with remote e-voting available from July 26 to July 29, 2026.

Afcons Infrastructure Ltd has announced July 23, 2026, as the record date for determining shareholder entitlement to a final dividend of ₹2.00 per equity share (20%) for FY 2025-26. This dividend, recommended by the Board of Directors on May 18, 2026, will be paid on or before August 28, 2026, if declared at the 50th Annual General Meeting (AGM). The AGM is scheduled for July 30, 2026, to be held via Video Conferencing. The same date, July 23, 2026, is also fixed as the cut-off date for voting eligibility for the AGM resolutions. Remote e-voting will be open from July 26 to July 29, 2026.

Afcons Infrastructure Ltd has announced its 50th Annual General Meeting (AGM) will be held on Thursday, July 30, 2026, at 3:00 P.M. IST via Video Conferencing. The company's Board of Directors recommended a final dividend of ₹2.00 per Equity share (20%) for FY 2025-26. The record date for determining entitlement to this dividend, if declared at the AGM, is fixed as Thursday, July 23, 2026. The dividend, if approved, will be paid on or before Friday, August 28, 2026. Additionally, Thursday, July 23, 2026, is set as the cut-off date for members eligible to vote on resolutions at the AGM. Remote e-voting will be open from Sunday, July 26, 2026, to Wednesday, July 29, 2026.