Kaushalya Infrastructure AGM 2026: Key Dates, Asset Vote

Stock snapshot ahead of the AGM

Kaushalya Infrastructure Development Corporation Ltd (NSE: KAUSHALYA) was last cited at ₹848.90 at the market close on September 25, 2026 (4:01 pm IST). Separate trading snapshots in the provided data also show the stock at ₹845.45, up ₹9.75 (1.17%) at a quoted close time, and another move of -₹11.00 (-1.28%). These are point-in-time references rather than a single continuous price series, but they frame investor attention ahead of the company’s annual shareholder meeting. The company currently has no specific “news at the moment” flagged in the same feed, but the AGM agenda itself is material. The key reason is that shareholders are being asked to approve the disposal of assets described as substantial undertakings.

What the company does

Kaushalya Infrastructure Development Corporation Limited executes construction contracts linked to infrastructure and real estate development in India. It operates through Construction and Hotel segments. Its stated activities include highways, bridges, industrial infrastructure, mining-related works, transmission and generation projects, agriculture projects, and residential and commercial complexes. It also operates hotels and undertakes acquisition, development, and sale of land. The company additionally mentions trading of school shoes and bags as part of its business activities. Incorporated in 1992, it is headquartered in Kolkata, India.

34th AGM scheduled via VC/OAVM

The company has scheduled its 34th Annual General Meeting (AGM) for September 28, 2026. The meeting is set to start at 1:00 pm and will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in line with requirements under the Companies Act, 2013 and relevant MCA and SEBI circulars. The company’s registered office in Kolkata will be treated as the deemed venue. Shareholders attending through VC/OAVM will be counted for quorum under Section 103 of the Companies Act, 2013. Alongside standard AGM business such as adoption of financial statements, the agenda includes votes on two special resolutions to sell key assets.

Two special resolutions to sell key undertakings

The AGM notice includes two special resolutions under Section 180(1)(a) of the Companies Act, 2013. The first seeks approval to sell a 28.47-acre land parcel located at Hothi (B) Village, Zaheerabad Mandal, Medak District, Telangana. The second seeks approval for the disposal of the Kaushalya Heritage hotel, including land and related assets, located in Jhargram, Paschim Medinipur, West Bengal. The company’s disclosures describe these as sales of significant undertakings, and shareholder approval is positioned as a prerequisite for management to proceed. The voting outcome will determine whether the company is authorised to execute these transactions.

Key shareholder dates: record date, cut-off, and book closure

Kaushalya Infrastructure informed the stock exchange that the record date for the purpose of the meeting is September 21, 2026. The same date is also stated as the cut-off date for determining voting eligibility. The register of members and share transfer books will remain closed from September 22, 2026 to September 28, 2026 (both days inclusive). These dates matter for shareholders who want to vote on the special resolutions and participate in the AGM process. The company has also set out steps for members who have not registered email addresses, including contacting NSDL to obtain credentials.

Remote e-voting window and process

Remote e-voting will be provided through NSDL. It opens at 9:00 am on September 25, 2026 and closes at 5:00 pm on September 27, 2026. Members holding shares in physical form or dematerialised form can cast votes electronically within this window. The disclosures also refer to the appointment of a scrutinizer for the e-voting process in connection with the AGM. For shareholders, the practical takeaway is that the voting window ends a day before the AGM itself, and eligibility is tied to holdings as of the cut-off date.

Board meeting context: quarterly results and AGM scheduling

The most recent board meeting referenced in the provided data was held on August 14, 2026. It approved unaudited quarterly financial results and also scheduled the AGM for September 28, 2026, with no material changes reported in that note. A separate reference (via a social post) also links the same board meeting date to approval of unaudited standalone and consolidated quarterly results and mentions the AGM schedule and book-closure period. While the quarter label differs across the excerpts, both references consistently point to the August 14 meeting as the one that cleared unaudited results and formalised AGM-related actions.

FY2025-26 turnaround in headline numbers

The company reported a marked change in profitability for FY2025-26 compared with the prior period figures cited in the data. Profit after tax improved to ₹0.0230 crore from a loss of ₹-0.7468 crore. Total income rose to ₹1.9519 crore from ₹0.3263 crore. These figures, presented alongside the AGM agenda, provide context for why the company may be evaluating asset sales and broader strategic decisions. The disclosures do not provide a detailed breakdown in the supplied text, but the year-on-year shift is clear in the headline numbers.

Promoter holding and pledge status

Kaushalya Infrastructure disclosed that promoters and the promoter group hold 51.42% of the total share capital, stated as 1,78,061 equity shares. The company confirmed that no shares were encumbered or pledged, directly or indirectly, during the financial year ended March 31, 2026. It further stated that as of March 31, 2026, nil promoter shares were encumbered or pledged. For investors tracking governance and financing risk, pledge status is a standard checkpoint, especially when companies propose significant asset transactions.

Returns snapshot versus the Sensex

Trailing total return figures in the supplied data show KAUSHALYA.NS at 1.45% year-to-date, compared with 14.61% for the S&P BSE SENSEX benchmark. Over one year, KAUSHALYA.NS is shown at 30.58%, versus 9.52% for the Sensex. These comparative numbers highlight that the stock’s recent performance has differed by time period: lagging the benchmark year-to-date while outperforming over one year. The same dataset also shows additional percentage figures (252.27% and 21.96%) without labels, so they are not interpreted here.

Why the AGM vote matters for shareholders

The central decision at this AGM is whether shareholders approve management’s request to dispose of two major assets: the Telangana land parcel and the Kaushalya Heritage hotel in West Bengal. Because the resolutions are proposed under Section 180(1)(a), the company is explicitly treating the transactions as significant enough to require shareholder consent. The voting process is tightly date-bound, with eligibility anchored to September 21 and remote e-voting available only from September 25 to September 27. For shareholders, the mechanics matter as much as the resolution text, because missed cut-offs can remove voting rights for this meeting.

What to watch next

The AGM is scheduled for Monday, September 28, 2026 at 1:00 pm via VC/OAVM. Shareholders will vote on adoption of financial statements and on the two special resolutions related to asset disposals, along with other routine items such as director-related matters noted in the agenda extracts. The immediate next milestone is the close of remote e-voting at 5:00 pm on September 27, 2026. After the meeting, the focus will shift to the declared voting outcome and any subsequent disclosures on execution steps for the proposed sales, if approved.