Maruti Infrastructure Ltd

Maruti Infrastructure Ltd — Closure of trading window from 1st October, 2026 till 48 hours after the declaration of unaudited financial results for the quarter and half year ended on 30th September, 2026

Management changes

• Redesignation approved by AGM; Chetan A. Patel to Non-Executive Non-Independent Director, effective 01 Sep 2026.
• Independent Director Paritosh Jitendra Patel appointed for five-year term, approved by AGM; 30 May 2026–29 May 2031.

AGM Details

• Date and time: 29 August 2026 at 11:45 a.m.
• Mode: VC/OAVM
• Record date for voting: 22 August 2026
• Meeting duration: 11:45 a.m. to 12:02 p.m.

Resolutions and outcomes

• Resolution 1: Adoption of financial statements approved.
• Resolution 2: Rotation-based director reappointment approved.
• Resolution 3: Redesignation to non-executive approved.
• Resolution 4: Independent director appointed approved.

Directors changes

• Nimesh D. Patel reappointed by rotation.
• Chetan A. Patel redesignated to non-executive non-independent.
• Paritosh Jitendra Patel appointed as independent director.

Overall voting outcome

• All resolutions passed; no substantive opposing votes recorded.

AGM Details

• AGM held on 29 August 2026 at 11:45 a.m. via VC/OAVM.
• Remote e-voting from 26 August 2026, 9:00 a.m. to 28 August 2026, 5:00 p.m.
• Cut-off date for voting: 22 August 2026.
• Scrutinizer appointed: Kenan Patel, Patel Aadeshra and Partners LLP.
• Notice, Directors' Report, and Auditors' Report taken as read.
• Meeting concluded at 12:02 p.m.

Key Resolutions

• Adoption of annual financial statements and reports (Ordinary); outcome not disclosed.
• Re-appointment of Nimesh D. Patel as Director (Ordinary); outcome not disclosed.
• Redesignation of Chetan A. Patel to Non-Executive Non-Independent Director (Ordinary); outcome not disclosed.
• Appointment of Paritosh Jitendra Patel as Independent Director (Ordinary); outcome not disclosed.

Voting Status

• Voting results to be submitted separately.

Director Changes

• Nimesh D Patel re-appointed as Director (retiring by rotation).
• Chetan A Patel redesignated as Non-Executive Non-Independent Director.
• Paritosh Jitendra Patel appointed as Independent Director.

AGM details

• 32nd AGM on 29 August 2026 at 11:45 AM via VC/OAVM.
• Record date for voting is 22 August 2026.
• Remote e-voting window: 26–28 August 2026.

Governance changes

• Chetan A Patel redesignated from Whole Time Director to non-exec non-indep on 1 Sept 2026.
• Paritosh J. Patel appointed Independent Director for five-year term (30 May 2026–29 May 2031).
• Nimesh D Patel to retire by rotation and seek re-appointment.

Remuneration and disclosures

• Remuneration: Nimesh Patel Rs 18 lakh; Paritosh Patel Nil; Chetan Patel Rs 7.2 lakh.
• Directorship details: Paritosh Patel appointed Independent Director; Chetan Patel redesignated.
• AGM notice contains e-voting instructions, attendance via VC/OAVM, and cut-off date.

AGM Details

• AGM date 29 August 2026 at 11:45 am via VC/OAVM.
• Record date for voting rights: 22 August 2026.

Resolutions Put to Vote

• Ordinary Business: adopt the audited financial statements and Directors' Report.
• Ordinary Business: re-appointment of director retiring by rotation.
• Special Resolution: redesignate Chetan A. Patel to Non-Executive Non-Independent, effective 1 September 2026.
• Special Resolution: appoint Paritosh J. Patel as Independent Director for five years (2026–2031).

Director Changes

• Cessation: Shrikant N Jhaveri ceased as Director on 15 March 2026.
• Retirement by rotation: Nimesh D. Patel retires by rotation and is eligible for re-appointment.
• Board size: 5 members as at 31 March 2026.

Auditors

• Statutory Auditors: Meet Shah & Associates; term until the 33rd AGM.
• Secretarial Auditor: Patel Aadeshra and Partners LLP; report unmodified.

Dividend

• Dividend not proposed or declared for the year.

Related Party Transactions

• Related party transactions were in ordinary course and arm's length; no material RPTs.

Financial results approved

• Unaudited quarterly results for quarter ended 30 June 2026 approved; Limited Review Report issued by auditors.

Director designation change

• Patel redesignated from Whole Time Director to Non-Executive Non-Independent Director, effective 01 Sep 2026, subject to member approval.

Key quarterly financials

• Revenue from operations: 587.08 lakhs.
• Total income: 593.31 lakhs.
• Profit after tax (continuing ops): 18.12 lakhs.
• Equity share capital: 1,875.00 lakhs.
• Basic EPS (continuing): 0.02.

Regulatory and disclosure notes

• Statutory auditors carried out Limited Review for the quarter ended 30 June 2026.
• No separate segment disclosures were made under IND-AS 108.

Dematerialisation Confirmation

• Dematerialisation/rematerialisation requests processed during the period and confirmed to depositories.
• Securities dematerialised/rematerialised are listed on the stock exchanges where earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated, cancelled, and depository name substituted as registered owner within timelines.