Shriram Properties Ltd

Dematerialisation/rematerialisation status

• Details of dematerialised/rematerialised securities for the quarter ended September 30, 2026 have been furnished to all stock exchanges.
• KFin Technologies Limited, the Registrar and Transfer Agent, certified that such details were furnished to all stock exchanges.

Targets and deal terms

• Shrivision Towers Pvt Ltd: Indian real estate developer; turnover FY26 ₹1,621.30 Lakh; paid-up capital ₹102 Lakh.
• SPL Towers Pvt Ltd: Indian real estate developer; turnover FY26 ₹35,639.63 Lakh; paid-up capital ₹1 Lakh.
• Shriprop Living Space Pvt Ltd: Indian real estate developer; turnover FY26 ₹25,980.11 Lakh; paid-up capital ₹1 Lakh.
• Shriprop Hitech City Pvt Ltd: Indian real estate developer; turnover FY26 Nil; paid-up capital ₹0.10 Lakh.
• Acquisition is not a related-party transaction; no promoter/group interest.
• Industry: Real estate development and construction.
• Strategic acquisition for business reasons.
• Regulatory approvals: Not Applicable.
• Indicative completion by 30 Sep 2026.
• Nature of consideration: Cash.
• Shrivision: cost ₹2,200 Lakhs; 49% stake.
• SPL Towers: cost ₹0.50 Lakhs; 49% stake.
• Shriprop Living Space: cost ₹1,499.40 Lakhs; 49% stake.
• Shriprop Hitech City: cost ₹0.10 Lakhs; 50% stake.
• Background: Shrivision Towers incorporated July 21, 2008; property development.
• Background: SPL Towers incorporated February 12, 2016; property development.
• Background: Shriprop Living Space incorporated September 4, 2014; property development.
• Background: Shriprop Hitech City incorporated January 20, 2016; property development.

Shriram Properties Ltd: Trading window closed from October 1, 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ended September 30, 2026

AGM Details

• AGM held on 26 September 2026 at 12:00 IST via VC/OAVM.

Voting cut-off

• Cut-off date for voting entitlements: 21 September 2026.

Key resolutions

• Adopt audited financial statements and reports (ordinary).
• Re-appoint Ashish Pradeep Deora by rotation.
• Appoint M/s Abarna & Ananthan as Statutory Auditors.
• Ratify remuneration payable to Cost Auditors.
• Approve remuneration/commission payable to Non-Executive Directors.

Voting results

• Resolution 1 passed; 99.99% in favour, 0.01% against.
• Resolution 2 passed; 99.99% in favour, 0.01% against.
• Resolution 3 passed; 99.99% in favour, 0.01% against.
• Resolution 4 passed; 99.99% in favour, 0.01% against.
• Resolution 5 passed; 99.99% in favour, 0.01% against.

Dividends

• No dividend proposed or declared.

Directors & Auditors

• Director Ashish Pradeep Deora re-appointed by rotation.
• Statutory Auditor: M/s Abarna & Ananthan appointed.
• Cost Auditor remuneration ratified (amount not disclosed).
• Remuneration/commission payable to Non-Executive Directors approved.

AGM Details

• Date and time: Sep 26, 2026, 12:00 IST; VC/OAVM mode.
• AGM concluded at 12:44 IST; remote e-voting Sep 23–25, 2026.

Resolutions

• Ordinary resolution: Adoption of Audited Financial Statements and Board Report for year ended March 31, 2026.
• Ordinary resolution: Re-appointment of Ashish Pradeep Deora as director on rotation.
• Ordinary resolution: Appointment of M/s. Abarna & Ananthan as Statutory Auditors.
• Ordinary resolution: Ratification of remuneration payable to Cost Auditors.
• Ordinary resolution: Approval of remuneration/commission payable to Non-Executive Directors.

Voting Status

• Voting results to be announced within 2 working days; posted on NSDL.

Board actions

• Board approved standalone and consolidated results for the quarter ended 30 June 2026.

Standalone highlights

• Standalone revenue from operations: 4,150 lakhs.
• Standalone total income: 8,961 lakhs; PBT 1,455; net profit 1,282; EPS 0.75.

Consolidated highlights

• Consolidated revenue from operations: 22,428 lakhs; total income: 27,104.
• Consolidated PBT: 1,424; PAT 1,104; EPS 0.65.

Auditors and notes

• Statutory auditors Walker Chandiok & Co LLP issued a limited review with unmodified opinion.
• Emphasis of Matter on ED search conducted Oct 2024; no findings communicated.

Group structure

• As of 30 June 2026, the group has 26 subsidiaries (incl. step-down) and 5 joint ventures.

AGM and disclosures

• AGM via VC/OAVM; notice to exchanges and members to be issued later.

AGM and Annual Report access

• AGM post IPO scheduled for Sep 26, 2026 at 12:00 Noon via VC/OAVM.
• Letters dispatched to members without registered emails with web-link to Annual Report FY26.
• Annual Report FY26 accessible at www.shriramproperties.com Investor Relations > Annual Report > Annual Report FY26.
• Cut-off date for email registration: August 28, 2026.

Overview

• Consolidated reporting for Shriram Properties Ltd; main activity is construction and development of real estate.
• Reporting boundary is consolidated; FY26 scope includes 5 states with 6 offices.
• Turnover is 100% from Construction & Development activities (main activity).
• Businesses operate nationally in India; no international operations.

Key ESG Risks & Opportunities

• Delays in project handovers pose penalties and risk customer attrition.
• Quality issues may raise rectification costs and legal claims; mitigated by design validation and supplier controls.
• Occupational health and safety risks managed via audits and training.
• Sustainability demand growth; opportunities via EDGE/IGBC compliance and green materials.
• Data privacy and cybersecurity risks addressed by policies; no FY26 breaches.
• Human rights compliance across contractors; HR policies and whistleblower protections.
• Sustainable procurement about 69% inputs sourced sustainably.
• Customer satisfaction risk includes penalties; mitigated by regular engagement and PULSE surveys.

Governance & Policy Highlights

• Finance & Risk Committee oversees ESG matters on the board.
• Board-approved ESG policies include anti-bribery, whistleblower, and human rights.
• ISO 9001 certification maintained across operations.
• No external assurance on BRSR Core.
• FY26 saw no regulatory fines or penalties.
• CSR policy aligned with Companies Act 2013; value-chain governance in place.
• Customer complaints tracked; 8 pending at year-end FY26.

Social Responsibility & Workforce

• Total permanent employees 663; 488 male, 175 female; contractors 2,400–3,000 across sites.
• Board gender representation: 1 female director among 6.
• PF coverage 98%, gratuity 100%, ESI 2% of eligible employees.
• Return-to-work after parental leave: 100% for both genders.
• Permanent employee turnover 24.92% FY26; female retention 100% post-leave.
• Grievance mechanisms include whistleblower system and POSH; HR channels for employees and workers.
• CSR focuses on sports scholarships, women's empowerment, rural development and environmental sustainability.

Environmental Performance

• Total non-renewable energy: 21,460 GJ; electricity 16,728 GJ; fuel 4,732 GJ.
• Total energy intensity: 0.029 tCO2e per lakh turnover.
• Scope 1: 319 tCO2e; Scope 2: 3,299 tCO2e.
• Water withdrawal: 106,203 kiloliters; third-party water used.
• Zero Liquid Discharge (ZLD) implemented; STPs reuse water.
• E-waste 0.52 t; plastic waste Nil.
• Construction waste recycled; aluminium formwork reused to reduce timber use.
• EDGE/IGBC green building certifications pursued; all projects have regulatory clearances.

Stakeholder Engagement & Complaints

• Key stakeholder groups: employees, shareholders, customers, investors, suppliers, community, government.
• Engagement channels include town halls, emails, surveys; frequency is quarterly or need-based.
• Customer complaints FY26: 1,254 filed; 8 pending; FY25: 1,915 filed; 114 pending.
• Shareholders’ concerns addressed via AGM/EGMs and investor communications.
• Community grievances addressed via site banners and on-site officers.
• Value chain partners engaged to improve governance and cost efficiency.

Other Notable Metrics

• MSME inputs comprise 67.26% of inputs in FY26.
• CREDAI membership for Bangalore, Chennai, and Kolkata.
• Standalone turnover: 19,398 lakh; Consolidated turnover: 1,26,741 lakh.
• Consolidated net worth: 1,46,024 lakh.
• No fines in FY26; no data breaches; no product recalls.

AGM Details

• AGM scheduled Sept 26, 2026 at 12:00 Noon via VC/OAVM.
• Cut-off date for voting eligibility: Sept 21, 2026.

Ordinary Resolutions

• Receive, consider, and adopt the audited annual financial statements for FY26.
• Re-appoint Ashish Pradeep Deora as Director, retiring by rotation.
• Appoint M/s Abarna & Ananthan as Statutory Auditors for five years.

Special Resolutions

• Ratify remuneration payable to Cost Auditors for FY27.
• Approve remuneration/commission to Non-Executive Directors; Rs 15L honorarium, Rs 5L incentive per director.