The Company has informed the exchange about the 49th Annual Report for the Financial Year 2025-26

Date: September 01, 2026 Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai – 400001 Company Scrip ID: GHVINFRA Company Scrip Code: 505504 Subject: Notice of 49th (Forty-Ninth) Annual General Meeting and Annual Report for Financial Year 2025-26 - Regulations 30 and 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") Dear Sir/ Madam, We wish to inform you that, the 49th (Forty-Ninth) Annual General Meeting ("AGM") of the Members of the GHV Infra Projects Limited ("the Company") is scheduled to be held on, Friday, September 25, 2026 at 03:00 P.M. (IST) through Video Conferencing/ Other Audio- Visual Means ("VC/OAVM"), in compliance with applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. In accordance with the provisions of Regulations 30 and 34 of the Listing Regulations, we are submitting herewith the Annual Report for Financial Year 2025-26 along with the Notice of the 49th (Forty-Ninth) AGM which is being sent through electronic mode to the Members, whose email addresses are registered with the Company or MUFG Intime India Private Limited, Registrar and Transfer Agent of the Company, or the Depositories. In terms of Regulation 46 of the Listing Regulations, the Annual Report for the Financial Year 2025-26 along with the Notice and other related documents are also available on the website of the Company at https://ghvinfra.com/annual-report/ You are requested to take the above on record. Thanking You, Yours faithfully, For GHV Infra Projects Limited Daksh Tulsibhai Mewada Company Secretary & Compliance Officer Encl: a/a Registered Office: A-511, 5th Floor, Kanakia Wall Street, Andheri Kurla Road, Andheri (East), Chakala MIDC, Mumbai – 400093.Tel: +91 22 6941 1500, Email: info@ghvinfra.com Web: www.ghvinfra.com CIN No.: L43900MH1976PLC457495 Building Value. Building Value. Shaping Tomorrow. Shaping Tomorrow. Infrastructure Infrastructure Energy & Industrial Environment Buildings Buildings Energy Industrial Port Data Centers Costal Data Center Infrastructure Annual Report 2025-26 Annual Report 2025-26 GHV INFRA PROJECTS LIMITED TABLE OF CONTENTS 1 MD’s Message 04 2 Leadership Team 06 3 Corporate Information 09 4 Ongoing / In Hand Projects 10 5 Agm Notice 21 6 Director’s Report 38 7 Annexures to Director Report 47 8 Corporate Governance Report 57 9 Management Discussion and Analysis (MDA) Report 72 10 Independent Auditors’ Report on Financial Statements 78 11 Standalone Balance Sheet 89 12 Standalone Statement of Profit and Loss 90 13 Standalone Statement of Cash Flows 91 14 Notes to Standalone Financial Statements 94 15 Consolidated Auditors’ Report on Financial Statements 130 16 Consolidated Balance Sheet 138 17 Consolidated Statement of Profit and Loss 139 18 Consolidated Statement of Cash Flows 140 19 Notes to Consolidated Financial Statements 143 2 Annual Report 2026 Reports & Financial Statements Mr. Jahid H. Vijapura Key Promoter & Controlling Shareholder His leadership is deeply rooted in the legacy established by his late father, Mr. Hussain M. Vijapura, who founded the Group in 1965 in Ahmedabad, Gujarat. Building upon this strong foundation, Mr. Vijapura has successfully driven the Group’s evolution through strategic expansion, operational excellence, disciplined execution, and a continuous focus on innovation and modernization. Under his strategic direction, GHV Infra has entered a new phase of accelerated growth, strengthening its presence across India while expanding its international footprint into the United Arab Emirates, the United States, and Cameroon. His vision is to establish GHV Infra as a globally respected Indian EPC enterprise capable Mr. Jahid H. Vijapura is the Key Promoter and of delivering complex infrastructure projects that Controlling Shareholder of GHV Infra Projects meet the highest international standards of quality, Limited (GHV Infra), holding approximately 64% of safety, sustainability, and engineering excellence. the Company’s equity as on 31 March 2026. As the principal promoter, he provides strategic leadership, Mr. Vijapura’s leadership philosophy—’Hard Work long-term vision, and governance oversight that and Modern Thinking’—continues to define the continue to shape the Company’s growth trajectory Company’s culture and strategic priorities. He and create sustainable value for all stakeholders. remains firmly committed to robust corporate governance, prudent capital allocation, sustainable With over 35 years of distinguished experience business practices, technological advancement, and in the infrastructure and construction sector, Mr. long-term stakeholder value creation. Vijapura has been instrumental in transforming GHV from a legacy construction enterprise into a modern, As the Company’s Controlling Shareholder, Mr. diversified EPC organization with capabilities Vijapura continues to provide decisive strategic across highways, expressways, railways, industrial guidance, reinforcing GHV Infra’s position as a infrastructure, buildings, urban infrastructure, trusted infrastructure partner while advancing its thermal power, renewable energy, solar, coastal, and ambition to become one of India’s leading globally other large-scale infrastructure projects. competitive EPC companies. Annual Report 2026 3 GHV INFRA PROJECTS LIMITED MD’S MESSAGE FY 2025–26: A Defining Year of Transformation and Growth FY 2025–26 marked a transformative year for GHV Infra Projects, achieving record growth, strategic expansion, and strong financial performance while redefining India’s infrastructure landscape with innovation and sustainability. 4 Annual Report 2026 MD’s Message MD’S MESSAGE (contd..) Managing Director’s Message provides us with long-term revenue visibility while reducing concentration risk and positioning GHV for Dear Shareholders, sustainable growth. Every company has defining years that reshape its Our progress has also been recognised by the future. industry. We were honoured with the “Emerging For GHV Infra Projects Limited, FY 2025-26 was one Contractor of the Year” Award at the RAHSTA such year. This was not merely a year of growth—it Awards 2026, presented by ASAPP + Media. We was a year of transformation. GHV strengthened accept this recognition with gratitude and view it its position as a diversified EPC company with an as an encouragement to continue raising the bar expanding international presence, demonstrating in quality, innovation and execution. While these that our capabilities can compete on a much larger achievements are encouraging, we remain firmly stage. grounded in our belief that infrastructure is built not only with engineering expertise, but also with Built on a foundation of execution excellence, today trust, discipline and accountability. As we grow, we GHV operates across: continue to strengthen our governance practices, Infrastructure: Highways & Expressways, Railways, engineering capabilities, digital systems and Bridges & Viaducts, Runway & Taxiways, Dams & sustainability initiatives to create enduring value for Irrigation Works, Pipeline Works. all stakeholders. Industrial: Steel Plants, Refineries, LSTK Process India’s infrastructure sector is entering a period Units. of unprecedented investment, while international markets continue to seek reliable EPC partners Buildings: Building Construction, Hotels & with proven execution capabilities. We believe GHV Hospitality, Industrial Infrastructure, Airport is uniquely positioned to benefit from both. The Infrastructure, Commercial Places. opportunities before us have never been greater. Energy: Solar Power, Thermal Power With a diversified business portfolio, a balanced domestic and international order book, and an Port: Jetties & Berth, Ro-Ro, & Cruise Infrastructure, unwavering commitment to execution excellence, Marine Connectivity Road & Rail. we a [Showing first 8,000 characters — download PDF for full document]