A2Z Infra Engineering Limited has informed the Exchange about Shareholders meeting
A2ZINFRA · price
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A2Z Infra Engineering held its 24th AGM on September 29, 2025, via video conferencing, with 81 members attending. All 5 ordinary resolutions were passed with over 99.99% votes in favour, including adoption of FY25 financial statements, re-appointment of Ms. Dipali Mittal, appointment of branch auditors and secretarial auditors, and ratification of cost auditor remuneration. Out of 17.61 crore total shares, about 33.7% participated in voting. Importantly, the Statutory Auditors (MRKS and Associates) issued a disclaimer of opinion on both Standalone and Consolidated FY25 financial statements, flagging inability to comment on the company's ability to continue as a going concern, and non-recognition of interest on NPA borrowings of INR 1,339.08 lakhs for the year ended March 31, 2025.
While the AGM outcomes are routine procedural matters, the auditors' disclaimer on going concern and the NPA-related interest issue of nearly INR 13.4 crore are serious red flags for shareholders. Investors should note these financial health concerns disclosed at the AGM, as they point to underlying stress in the company's operations and borrowings.