Annual Report 2024-25

Prerna Infrabuild has filed its 37th Annual Report for FY 2024-25 along with the notice for its AGM scheduled on September 8, 2025 via video conferencing. Key items to be approved at the AGM include adoption of audited financial statements, appointment of new statutory auditor M/s Shah & Jhalawadia for a 5-year term (replacing Philip Fernandes & Co), appointment of GKV & Associates as secretarial auditor for 5 years, and reappointment of three directors — Vijay Shah (MD & CEO, age 77), Sanket Shah (MD & CFO), and Nalini Shah (Whole Time Director, age 73). Shareholders will also vote on increasing the company's borrowing limit under Section 180(1)(c) to Rs. 100 crore and approving a material related party transaction of up to Rs. 3 crore with Somprerna Solitaire Infra LLP, an associate of the company, for FY 2025-26. Three new independent directors were inducted during FY 2024-25. Director remuneration for MD posts is set at Rs. 24 lakh per annum (with aggregate cap of Rs. 5 crore for Vijay Shah).