Please find enclosed herewith board meeting outcome for the board meeting held today, i.e. Wednesday, 03rd September, 2025.
Awaiting price reaction for this filing.
The board of GCCL Infrastructure & Projects Ltd met on 3rd September 2025 and approved key items including the Director's Report for FY ending 31st March 2025, the notice for the 31st Annual General Meeting scheduled for 30th September 2025 at 11:00 a.m. in Ahmedabad, and closure of the Register of Members from 24th to 30th September 2025. The board appointed M/s. Shalini Pandey & Associates as the new Secretarial Auditor for a five-year term (FY 2025-26 to 2029-30) and appointed M/s. Mukesh J. & Associates as the scrutinizer for the AGM e-voting process. Mr. Priyank Shrirajbhai Jhaveri (DIN: 02626740) was re-appointed as a Non-Executive Independent Director for a second five-year term from 4th September 2025, subject to shareholder approval. The board also approved continuing Mrs. Sheila Bharat Shah as a Non-Executive Non-Independent Director post her crossing 75 years of age.
Shareholders should note the book closure from 24-30 September 2025 ahead of the AGM, and three special resolutions will be tabled seeking approval to raise the borrowing limit, the Section 180(1)(a) limit, and the Section 186 loan/investment threshold, each up to INR 50 crores. These proposals could expand the company's capacity to take on debt and make investments, which may dilute equity value if funded through dilutive means but supports growth if used prudently. The director reappointments and auditor change are routine governance matters requiring shareholder nod at the upcoming AGM.