RKEC Projects Limited has informed the Exchange regarding Notice of undefined to be held on September 18, 2025
RKEC · price
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RKEC Projects Limited has filed its 20th Annual General Meeting (AGM) notice for September 18, 2025, to be held via video conferencing. The AGM includes ordinary items like adoption of FY25 audited financial statements and re-appointment of Mr. G V Rama Mohan (WTD/COO) as Director, along with the re-appointment of statutory auditors M/s SARC & Associates for a second 5-year term. Key special business items include a proposal to double the authorized share capital from Rs. 50 Crore to Rs. 100 Crore and seeking shareholder approval to raise up to Rs. 550 Crore through debt instruments (NCDs, FCCBs) and up to Rs. 500 Crore through equity/preferential means. The company also seeks renewed authority to give loans, guarantees, and make investments up to Rs. 200 Crore under Sections 185 and 186. FY25 financial highlights show total sales of Rs. 405.86 Cr, EBIDTA of Rs. 58.32 Cr, PBT of Rs. 29.99 Cr, and PAT of Rs. 20.06 Cr, with an order book of Rs. 2,328 Crore worth of work in progress.
Shareholders will vote on a significant capital expansion plan that could result in equity dilution or increased debt, but the company cites a strong order book (Rs. 4,697 Cr total business volume), no long-term debt, and a BBB positive credit rating as supportive context. The FY25 results show steady top-line growth (around 18% YoY) though PAT growth was modest at under 1%, which may draw investor attention at the AGM.