The Board of Directors of Ahluwalia Contracts (India) Limited met on February 14, 2026, to approve the Unaudited Financial Results (Standalone and Consolidated) for the third quarter and nine months ended December 31, 2025. Additionally, the Board sanctioned a Scheme of Amalgamation to merge five wholly-owned subsidiary companies into the Transferee Company, effective April 1, 2026. The re-appointment of two key directors for a further five years was also confirmed.
Board Decisions and Key Approvals
At the meeting held on Saturday, February 14, 2026, the Board of Directors of Ahluwalia Contracts (India) Limited approved several critical items. These included the Unaudited Financial Results for the third quarter and the nine months ended December 31, 2025, along with the corresponding Limited Review Reports for both standalone and consolidated figures.
Scheme of Amalgamation Details
The Board approved the Scheme of Amalgamation involving five Wholly Owned Subsidiary Companies: Dipesh Mining Private Limited, Jiwanjyoti Traders Private Limited, Paramount Dealcomm Private Limited, Premsagar Merchants Private Limited, and Splendor Distributors Private Limited, merging them into the Company (Transferee Company). Since the transferors are wholly-owned subsidiaries, the amalgamation will occur on a going concern basis without issuing any consideration (equity shares or securities). The transferor companies are engaged in real estate investment and rental income activities, while the Transferee Company focuses on EPC and civil construction.
This internal reorganization is aimed at group consolidation, simplifying the corporate structure, enhancing administrative and operational efficiency, improving governance, and optimizing asset utilization. Importantly, the Scheme will not result in any dilution of shareholding or change in control of the Transferee Company.
Director Re-appointments Confirmed
The Board also approved the re-appointment and remuneration payment for two executive directors for a further period of five years, effective April 1, 2026:
- Mr. Shobhit Uppal (DIN: 00305264), Deputy Managing Director.
- Mr. Vikas Ahluwalia (DIN: 00305175), Whole Time Director.
The meeting commenced at 16:00 Hrs. (IST) and concluded at 17.30 Hrs. (IST).
Key Financial Highlights (Standalone Basis)
The review of the financial results showed strong performance across the nine months ended December 31, 2025, compared to the previous corresponding period.
| Metric | Nine Months Ended Dec 31, 2025 (₹ Lakhs) | Year Ended Mar 31, 2025 (₹ Lakhs) |
| Total Income | 328,895.75 | 415,399.77 |
| Profit After Tax | 18,418.10 | 20,151.08 |
Key Financial Highlights (Consolidated Basis)
The consolidated results reflect the inclusion of the five subsidiaries and the joint venture ACIL-RCPL JV.
| Metric | Nine Months Ended Dec 31, 2025 (₹ Lakhs) | Year Ended Mar 31, 2025 (₹ Lakhs) |
| Total Income | 328,895.75 | 415,399.77 |
| Net Profit After Tax | 18,384.22 | 20,185.14 |
Source: BSE
