The Board of Directors of Ahluwalia Contracts (India) Limited met on February 14, 2026, to approve the Unaudited Financial Results for the third quarter and nine months ended December 31, 2025. Key decisions included approving the amalgamation of five wholly owned subsidiaries into the Parent Company, which will occur without consideration. Additionally, the Board approved the re-appointment and remuneration for two key managerial personnel for a further period of five years starting April 1, 2026.
Financial Results for Q3 FY2026
The Board of Directors of Ahluwalia Contracts (India) Limited approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025, along with the Limited Review Report (Annexure-1). For the Standalone results, Total Income for the nine months ended December 31, 2025, stood at ₹3,28,895.75 Lakhs, leading to a Net Profit After Tax of ₹18,418.10 Lakhs.
On a Consolidated basis, Total Income for the nine months was ₹3,28,895.75 Lakhs, resulting in a Net Profit After Tax of ₹18,384.22 Lakhs. The EPS (Basic) for the quarter ended December 31, 2025, was reported at ₹8.07 (Standalone) and ₹8.07 (Consolidated).
Scheme of Amalgamation Approved
The Board sanctioned 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 (Transferor Companies Nos. 1 to 5), merging them into the Company (Transferee Company). This is an intra-group reorganisation designed for group consolidation and efficiency gains.
The amalgamation will proceed on a going concern basis without any consideration, as all Transferor Companies are wholly owned subsidiaries. The Transferor Companies are primarily engaged in real estate investment activities and earning rental income. The details regarding this non-cash transaction are provided in Annexure-2, highlighting anticipated benefits such as improved operational efficiency, better asset utilization, and enhanced corporate governance (Annexure-B).
Key Management Re-appointments
The Board also approved the re-appointment and payment of remuneration to two senior executives for a further period of 5 years, effective from April 1, 2026:
- Mr. Shobhit Uppal (Deputy Managing Director, DIN: 00305264).
- Mr. Vikas Ahluwalia (Whole Time Director, DIN: 00305175).
The required details concerning their profiles and relationships within the Board are outlined in Annexure-3. The re-appointments are subject to member approval at the ensuing Annual General Meeting.
Meeting Concluded
The Board meeting commenced at 16:00 Hrs. (IST) and concluded at 17.30 Hrs. (IST) on Saturday, February 14, 2026.
Source: BSE
