SRM Contractors Ltd

⚠️ SRM Contractors Receives SEBI Warning Letter

• Received SEBI warning letter dated April 23, 2026 for non-compliance with LODR Regulations

• Failed to obtain prior shareholder approval for material related party transactions

• Transactions included ₹84.05 crore with SRM-Rajinder Projects and ₹47.40 crore with SRM-RSB Projects

• Transactions exceeded materiality threshold requiring prior approval

• Shareholder approval was later obtained at AGM on September 29, 2025

• SEBI emphasized prior approval was mandatory and advised improved compliance

• Company committed to strengthening internal compliance mechanisms