Annual General Meeting Proceedings.
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Brahmaputra Infrastructure held its 27th AGM on December 31, 2025 via video conferencing. Founder and Group Chairman Mr. Sanjeev Kumar Prithani introduced his son Mr. Umang Prithani as the new Joint Managing Director, marking a leadership transition to the second generation. The new JMD outlined an ambitious target of securing Rs. 2,000 crore in new orders over the next 12 months, and highlighted completed real estate projects worth over Rs. 1,500 crore (Industrial Park, Spanish Garden, City Centre Shopping Mall). The company also announced a new mixed-use real estate project valued at around Rs. 500 crore, with its master plan expected within three months and a detailed launch planned for Q1 of FY 2026-27. Shareholders transacted 11 items including approval of FY25 audited financials, re-appointment of a JMD, appointment of Mr. Umang Prithani as JMD, re-appointment of an independent director, and five related-party transactions worth a combined Rs. 295 crore (JCC Infraprojects-BIL JV Rs. 50 cr, Pawan-Brahmaputra JV Rs. 75 cr, Tribeni Construction Rs. 50 cr, Yugya Equipages LLP Rs. 60 cr, and Brahmaputra-PKV JV Rs. 60 cr). Voting was conducted via remote e-voting and e-voting during the meeting.
Management succession to the promoter family is now formal, which may appeal to long-term investors but also concentrates control. The Rs. 2,000 crore order book target and Rs. 500 crore new project are growth signals, though execution remains to be seen. The Rs. 295 crore worth of related-party transactions is sizeable and worth monitoring for governance.