SRM Contractors 18th AGM: All 16 resolutions passed, QIP and warrant issue approved

SRM Contractors held its 18th AGM on Sept 30, 2026, with all 16 resolutions passed. Key items: adoption of FY26 audited financials, appointment of Rohit KC Jain and Co as statutory auditor for 5 years, change in designation of Ms. Ashley Mehta to Executive Director, increase in authorized share capital, QIP fund raise, and issue of up to 19,34,236 fully convertible warrants to the promoter group on a preferential basis. Borrowing limit raised from Rs 1,000 cr to Rs 2,000 cr. Six material related party transactions with joint ventures and related parties were also approved. Most resolutions passed with over 99.99 percent in favor.