SRM Contractors Ltd

SRM Contractors Ltd has issued a notice for its 18th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026, at 1:00 PM. The meeting will be conducted via Video Conferencing/Other Audio Visual Means. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY 2025-26, the re-appointment of Ms. Ashley Mehta as a Non-Executive Director, the appointment of M/s Rohit KC Jain & Co. as Statutory Auditors for five years, and a special business item to approve the change in designation of Ms. Ashley Mehta from Non-Executive Director to Executive Director for a period of five years effective October 1, 2026.

SRM Contractors Ltd has filed its 18th Annual Report for the Financial Year 2025-26, along with the Notice for the 18th Annual General Meeting. The report, which includes corporate information, AGM notice, board report, management discussion and analysis, secretarial audit report, and financial statements (standalone and consolidated), has been submitted to the BSE and NSE. It is also available on the company's website (www.srmcpl.com). The filing details the Board of Directors, Key Managerial Personnel, and the Audit Committee.

SRM Contractors Limited's Board of Directors approved a significant increase in authorized share capital from ₹25 crore to ₹35 crore. The company also greenlit a Qualified Institutions Placement (QIP) of up to ₹150 crore and a preferential issue of 19,34,236 convertible warrants to promoters for ₹100.00 crore. A fund-raising committee was constituted to oversee these processes. The draft notice for the Annual General Meeting (AGM) to seek shareholder approval for these proposals was also approved.

SRM Contractors Ltd has announced a Board of Directors meeting scheduled for September 5, 2026. The primary agenda item is to consider and approve a proposal for raising funds through various equity and convertible instruments via public and/or private offerings. The meeting will also cover the approval of the Draft Director's Report for FY2025-26, finalization of the 18th Annual General Meeting details, and approval of the Cost Audit and Secretarial Audit Reports for the same financial year. Additionally, the company has announced a trading window closure for designated persons from the date of intimation until 48 hours after the board meeting outcome.

SRM Contractors Ltd has announced the incorporation of a new associate company, GIRAFFE SRM ESTATES PRIVATE LIMITED. This entity will focus on developing and operating wayside amenities on highways and expressways, including retail, fuel, EV charging, and food services. It will also engage in managing highway infrastructure and executing projects as an SPV under concession/PPP arrangements. The new company has an initial authorized capital of ₹10,00,000, with SRM Contractors holding a 49% stake.

SRM Contractors Limited announced the incorporation of a new Special Purpose Vehicle (SPV) named "GIRAFFE SRM ESTATES PRIVATE LIMITED" to expand into the Wayside Amenities sector. The SPV will focus on developing, operating, and managing facilities along highways and strategic locations, including retail, fuel, EV charging, and food services. SRM Contractors will hold a 49% stake in the new entity, with an initial capital infusion of ₹49,000 out of a total of ₹1,00,000. This move aligns with the company's business expansion and diversification strategy.

SRM Contractors Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during a meeting held on August 13, 2026. The company operates in a single segment as per Ind AS 108. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and have undergone a limited review by the statutory auditors, who issued an unmodified opinion. Previous periods' figures have been regrouped for comparability.

SRM Contractors Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026. The company operates in a single segment as per Ind AS 108. The statutory auditors have completed a limited review and issued an unmodified opinion. Previous periods' figures have been regrouped for comparability.

SRM Contractors Ltd has announced that its Board of Directors will convene on August 13, 2026, to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026. The meeting will also include a review of the Limited Review Report. The trading window for company insiders, which closed on July 1, 2026, will reopen 48 hours after the financial results are published. The meeting is scheduled to be held at the company's registered office in Jammu.

SRM Contractors Limited announced its Board of Directors has approved the conversion of its Abu Dhabi branch into a wholly-owned subsidiary, 'SRM Contractors LLC'. This strategic move aims to restructure its international operations. The conversion is subject to regulatory approvals from the Department of Economic Development, Abu Dhabi, UAE. The new subsidiary will focus on construction and engineering services, including retaining walls, dewatering, bridges, tunnels, roads, and oil and gas field services. The initial capital infusion is planned at AED 100,000.