Valecha Engineering Limited
Valecha Engineering is engaged in Construction of high end infrastructural engineering projects such as irrigation dams, roads, bridges, highways, power projects, railways, tunnels, airports, reservoirs, etc. The Company has created some of the most prominent civil engineering infrastructure landmarks.
What Valecha files
- Others29
- Important22
- Board Meeting13
- Updates11
- Results7
- Dividend/Bonus2
Valecha Engineering will hold its 49th Annual General Meeting. Equity shares will be under book closure from Sep 23-30. Shareholders can participate via e-voting from Sep 27-29, with Sep 16 as the cut-off for eligibility.
Valecha Engineering Board appointed Ms. Sheuli Sandeep Mukharjee as a Non-Executive Independent Director, pending member approval. Her 10 years of finance and HR experience are expected to strengthen board oversight and compliance.
Company reported Q1 standalone profit of 0.18 Cr but a consolidated loss of 29.14 Cr. A key subsidiary remains in CIRP with significant assets tied up. Another subsidiary's toll collection rights were suspended. An independent director was appointed amid viability concerns for multiple subsidiaries.
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Valecha Engineering reported compliance issues for FY26, with Audit & Remuneration Committees lacking required independent/non-executive directors. Delays occurred in filing financial results, shareholding patterns, and related party transaction disclosures. The company also failed to maintain a structural digital database for insider trading. Stock remains suspended.