Gayatri Projects Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on February 27, 2026
GAYAPROJ · price
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Gayatri Projects Limited held its 35th Annual General Meeting on February 27, 2026 via video conferencing, from 3:00 PM to 3:47 PM, chaired by Managing Director Mr. T.V. Sandeep Kumar Reddy. Three ordinary resolutions were tabled: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2024, (2) re-appointment of Executive Director Mrs. T. Sarita Reddy who retires by rotation, and (3) ratification of remuneration of the cost auditors M/s. N.S.V. Krishna Rao & Co. for FY 2024-25. The Chairman briefed shareholders on the company's operations, the post-CIRP (Corporate Insolvency Resolution Process) scenario, and proposed plans for capital infusion and future growth. E-voting results will be announced by March 2, 2026.
The mention of the 'post-CIRP scenario' signals the company recently emerged from insolvency proceedings, which is a significant context for shareholders. The delayed AGM (for FY 2023-24 held in Feb 2026) and emphasis on capital infusion plans suggest the company is in a recovery phase, which may influence investor sentiment.