Announced Tue, 29 Sept, 2026 · 18:53 IST

14th AGM: FY26 results adopted, MD and WTD pay hike cleared

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

NACDAC Infrastructure held its 14th AGM on Sep 29, 2026 via video conferencing, lasting 16 minutes. Members adopted FY26 audited financial statements and approved the re-appointment of Whole-Time Director Ashish Saxena via ordinary resolution. Two special resolutions were passed to increase the remuneration ceiling for Managing Director Hemant Sharma and Whole-Time Director Ashish Saxena. The company is into commercial, residential and institutional building projects, electrical works, steel structures and turnkey infrastructure. Voting results will be declared within two working days.

Likely market impact

FY26 financials adopted. Higher pay for top management formally approved. Await voting outcome and pay hike quantum.