Keystone Realtors to hold 31st AGM on Sep 18, 2026; to approve financial statements and director re-appointments
Keystone Realtors Limited will hold its 31st AGM on September 18, 2026, to adopt FY26 financial statements. Key agenda items include re-appointing directors Boman Irani, Chandresh Mehta, Percy Chowdhry, and independent directors Ramesh Tainwala, Rahul Divan, and Seema Mohapatra. The company also plans to authorize borrowing up to ₹1,500 Crores.
The AGM agenda includes several significant items such as the appointment of statutory auditors, re-appointment and remuneration of key managerial personnel, and a substantial borrowing authorization. These decisions can have a medium-term impact on the company's governance, financial structure, and operational capacity.
The announcement is a routine notice for an Annual General Meeting, detailing various agenda items including financial statement adoption, director re-appointments, auditor appointment, and borrowing authorization. It does not contain any information that would suggest a positive or negative shift in the company's outlook.
Keystone Realtors Limited has announced its 31st Annual General Meeting (AGM) will be held on Friday, September 18, 2026, at 04:00 p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
The primary agenda items for the AGM include the consideration and adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The meeting will also seek approval for the re-appointment of Mr. Percy Chowdhry as a Director, who retires by rotation.
Further, the AGM will involve the appointment of M/s. Walker Chandiok & Co. LLP as the Statutory Auditor for a term of five consecutive years, from the conclusion of this AGM until the AGM in 2031. The proposed remuneration for the Statutory Auditors for FY2026-27 is ₹70 Lakhs, excluding taxes and out-of-pocket expenses.
Special business at the AGM includes ratifying the remuneration of the Cost Auditor for FY2026-27 at ₹1,05,000/- (exclusive of taxes and expenses). Additionally, the re-appointment of Mr. Boman Irani as Chairman and Managing Director for a period of five years from May 11, 2027, to May 10, 2032, will be proposed. His remuneration scale for three years from April 01, 2026, to March 31, 2029, is proposed between ₹5.15 Crores and ₹7.50 Crores per annum.
The meeting will also seek approval for the re-appointment of Mr. Chandresh Mehta as Executive Director for five years from May 11, 2027, to May 10, 2032, with a proposed remuneration scale of ₹5.15 Crores – ₹7.50 Crores per annum for three years from April 01, 2026, to March 31, 2029. The re-appointment of Mr. Percy Chowdhry as Executive Director for five years from May 11, 2027, to May 10, 2032, will also be proposed, with a remuneration scale of ₹3.08 Crores – ₹4.50 Crores per annum for three years from April 01, 2026, to March 31, 2029.
Re-appointments of Non-Executive Independent Directors, Mr. Ramesh Tainwala and Mr. Rahul Divan, for a second term of five years from May 11, 2027, to May 10, 2032, are on the agenda. Ms. Seema Mohapatra is also proposed for re-appointment as a Non-Executive Independent Director for a similar term. The AGM will also consider approving a commission payable to Non-Executive Directors, up to 1% of net profit or ₹15,00,000/- per annum per director, whichever is less, for three years from April 01, 2026, to March 31, 2029. An additional commission of ₹10,00,000/- per annum for Mr. Rahul Divan is also proposed.
Finally, the company seeks authorization to borrow up to ₹1,500 Crores through the issuance of Non-Convertible Debentures (NCDs)/Bonds/other instruments on a private placement basis within one year from the passing of the resolution.
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Keystone Realtors Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Keystone Realtors Limited. Read the original for the full detail.