NCC Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company also reported the reappointment of key management personnel, including Sri A A V Ranga Raju as Managing Director for a further five-year term. The Board also approved alterations to the Objects Clause of the Memorandum of Association, enabling the company to pursue new business activities, particularly in technology-enabled infrastructure.
Financial Results Declared
NCC Limited has published its unaudited financial results for the quarter and half year ended September 30, 2026. The results, which have been reviewed by the Audit Committee and approved by the Board of Directors, are presented on both standalone and consolidated bases. The company also shared the respective Limited Review Reports from its Statutory Auditors.
Management Reappointments
The Board of Directors approved the reappointment of key managerial personnel. Sri A A V Ranga Raju (DIN: 00019161) has been reappointed as the Managing Director for a further period of five (5) years, effective from April 1, 2027, to March 31, 2032. This reappointment includes a continuation beyond the age of 70 years. Similarly, Sri A G K Raju (DIN: 00019100) has been reappointed as Executive Director, and Sri J V Ranga Raju (DIN: 00020547) as Whole-time Director, each for a five-year term from April 1, 2027, to March 31, 2032. These reappointments are subject to the approval of the Members through a Special Resolution via Postal Ballot.
Alteration of Memorandum of Association
The Board has also approved a proposal to alter the Objects Clause of the Memorandum of Association (MOA). This alteration aims to include new business activities related to technology-enabled infrastructure and allied sectors. A revised MOA will be adopted, subject to the approval of the Members by way of a Special Resolution through Postal Ballot. Details regarding these changes are provided in Annexure-B.
Postal Ballot Notice Approved
A Postal Ballot Notice has been approved to seek Member approval for the proposed alteration of the Objects Clause, adoption of a revised MOA, and the reappointment of the Managing Director, Executive Director, and Whole-time Director. The Postal Ballot Notice will be dispatched to the Members in due course.
Meeting Details
The meeting of the Board of Directors commenced at 2 p.m. and concluded at 3.45 p.m.
Source: BSE
