Shareholders meeting

Ref. No. NBCC/NSEBSE/2026-27 August 20, 2026 National Stock Exchange of India BSE Ltd. Ltd. Phiroze Jeejeebhoy Tower, Exchange Plaza, Dalal Street, Plot No C/1, G Block, Mumbai-400001 Bandra –Kurla Complex, Bandra (E), Mumbai-400051 Subject: NBCC's Notice of 66th Annual General Meeting (AGM) and Integrated Annual Report for FY 2025-26 Dear Sir, This is in continuation of NBCC’s intimation dated August 11, 2026. Please find enclosed herewith the Notice of the 66th Annual General Meeting and Integrated Annual Report of NBCC (India) Limited for FY 2025-26. The 66th Annual General Meeting (AGM) of the members of NBCC (India) Limited (Company) would be held on Friday, September 11, 2026, at 12.00 noon (IST) through Video Conferencing Mode (VC)/Other Audio-Visual Means (OAVM). The Notice and the Integrated Annual Report for FY 2025-26 has been sent in electronic mode to all the Members of the Company whose email addresses are registered with the Company’s Registrar and Transfer Agent, M/s Alankit Assignments Limited / Depository Participant(s) and is also available on the website of the Company, viz. www.nbccindia.in at the following link: ANNUAL REPORT | NBCC (India) Limited and e-voting agency viz. www.evoting.nsdl.com. The Company is providing a remote e-voting facility to all its members to cast their votes on all resolutions as set out in the Notice of the AGM. Remote e-voting period would commence on Tuesday, September 08, 2026 (9:00 am IST) and end on Thursday, September 10, 2025 (5:00 pm IST). The members, holding shares in physical form or in dematerialized form, as on the cut-off date i.e., Friday, September 04, 2026, shall be entitled to avail the facility of remote e-voting. The e-Voting facility will also be provided during the AGM to those Members attending the AGM through VC/OAVM, who have not cast their vote through remote e-voting and are otherwise not barred from doing so, to enable them to cast their vote on the business transacted at the AGM. The details regarding the manner of registering/updating e-mail address, casting vote through e-voting/remote e-voting, and attending the AGM through VC/OAVM have been detailed in the Notice enclosed herewith. This is for your information and record. Thanking You, For NBCC (India) Limited ENCL: As Above Deepti Gambhir Company Secretary F-4984 NBCC (INDIA) LIMITED 66th Integrated Annual Report 2025-26 URBAN Transformation Unlocking Values Contents “It gives me immense pleasure and pride to share that NBCC Urban Transformation, Corporate Overview 02-76 has launched its official Anthem, a proud symbol of our Ten Years at a Glance 02 organisation’s identity, values and collective spirit on the eve of Unlocking Values About NBCC 04 80th Independence Day.” Subsidiaries, Joint Ventures & K. P. Mahadevaswamy Associate Companies CMD Cities are constantly evolving, creating new opportunities Our approach combines redevelopment with planned REVIVE Framework 08 for infrastructure development, redevelopment and modern infrastructure, upgraded civic amenities and efficient Our Businesses 10 urban living. At NBCC, we see this transformation as an project execution to create value beyond construction. From NBCC Segments Contribution in Revenue (as %) 12 opportunity to unlock long-term value for communities, modern housing and commercial districts to healthcare, Competitive Edge 14 NBCC Anthem institutions and the nation. institutional and social infrastructure, we contribute to Our Journey 16 urban transformation across India. Redevelopment and Urban Revitalisation 18 The theme, ‘Urban Transformation, Unlocking Values’, Transformation Stories 20 Zd ^maV Ho$ h¢ ñV§^ h_ reflects our commitment to revitalising ageing urban Backed by strong execution capabilities, project Major MoUs signed FY2025-26 22 spaces, improving land utilisation and creating integrated management expertise and longstanding institutional Geographic Presence 24 ZB© Cå_rXmo§ Ho$ dmñVwH$ma& developments that support India’s changing urban relationships, NBCC remains focused on creating Business Overview 26 requirements. Through redevelopment of government developments that improve urban living while colonies, revival of stalled housing projects and execution supporting the country’s broader infrastructure and Chairman’s Message 28 Risk Management 36 _µO~yVr Am¡a gwajm go, of large public infrastructure developments, we are shaping economic growth journey. modern urban ecosystems that are more connected, Value Creation Model 38 sustainable and future-ready. Stakeholder Engagement 40 gnZmo§ H$mo XoVo h_ AmH$ma& Board of Directors 42 Awards, Accolades & Certifications 50 JwUdÎmm Am¡a Hw$ebVm go H$aVo ha {Z_m©U Corporate Governance 52 Financial Capital 54 Xoe {dXoe, eha eha ~‹T> ahr AnZr nhMmZ Manufactured and Intellectual Capital 58 Human Capital 64 nwZ{d©H$mg n{a`moOZm hmo `m e¡{jH$ g§ñWmZ Social and Relationship Capital 68 Natural Capital 72 {dœ _mZH$rH$aU go J‹T>Vo h¢ amï´> H$m _mZ& Corporate Information 76 Statutory Reports 77-173 B§\«$mñQ´>ŠMa Am¡a {a`b ñQo>Q> _o§ h_mao hr ZdmMma Notice 77 amï´> {hV _o§ H$aVo h¢ Cå_rXmo H$mo h_ gmH$ma& Board’s Report 91 Management Discussion and Analysis Report 113 Corporate Governance Report 126 h_ h¡ EZ~rgrgr n{adma& Form AOC-2 158 Annual Report on CSR Activities 159 h_ h¡ EZ~rgrgr n{adma&& Secretarial Audit Report 165 Business Responsibility and Sustainability Report available at this link (Launched on August 14, 2026) https://nbccindia.in/webEnglish/annualReport Financial Statements 174-379 Comments of C&AG of India Standalone 174 Consolidated 175 Standalone Independent Auditor’s Report 178 Scan QR code AIIMS, Bilaspur Standalone Financial Statements 196 to know more about the Company Consolidated Contact Us: This Report is also available online on co.sectt@nbccindia.com Independent Auditor’s Report 282 www.nbccindia.in 011 - 24367314/15/16/17 Consolidated Financial Statements 294 Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements Ten Years at a Glance Rs. In lakh (except per share data, no. of Employees and Ratios) Schedule III (IND AS) of Companies Act, 2013 S.no Particulars 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 i) Authorised Capital 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 1,00,000 1,00,000 ii) Paid Up Capital A) Paid-up Capital-Equity Shares 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 27,000 27,000 B) Non-cumulative Preference Shares - - - - - - - - - - iii) Reserves and Surplus (Other Equity) 1,49,360 1,64,137 1,38,481 1,34,361 1,51,150 1,59,475 1,73,454 1,95,900 2,05,760 2,57,563 iv) Borrowings: A) Govt. of India - - - - - - - - -- - B) Banks and Others - - - - - - - - - - Total Borrowings - - - - - - - - - - v) Net worth (Total Equity) 1,67,360 1,82,137 1,56,481 1,52,361 1,69,150 1,77,475 1,91,454 2,13,900 2,32,760 2,84,563 vi) Net Fixed Assets (P.P.E.) 6,329 6,184 7,200 5,867 5,677 5,587 6,328 6,694 6,250 49,038 vii) Trade Receivables 2,18,661 2,25,846 2,10,764 1,36,470 1,63,854 1,60,910 1,57,721 2,20,951 2,22,445 4,21,045 viii) No. of Regular Employees 1,944 1,945 1,847 1,699 1,496 1,367 1,362 1,271 1,172 1,150 ix) Income per Employee 328 309 402 321 342 419 511 647 763 874 x) Expenditure to Income (%) 92 92 92 96 95 94 93 92 92 92 xi) Debt Equity (Net worth) Ratio 0:1 0:1 0:1 0:1 0:1 0:1 0:1 0:1 0:1 0:1 xii) Income A) Value of Services 6,21,117 5,87,169 7,14,160 5,17,972 4,88,324 5,46,463 6,65,185 7,96,484 8,42,925 9,54,891 B) Other Operating Income 6,822 3,332 10,316 3,061 6,421 8,199 8,446 6,188 30,131 20,640 C) Total revenue from operations (A+B) 6,27,939 5,90,501 7,24,476 5,21,033 4,94,745 5,54,662 6,73,631 8,02,672 8,73,056 9,75,531 D) Other Income 8,858 10,613 18,747 23,509 17,263 18,758 18,426 20,119 21,315 30,014 E) Total Income (C+D) 6,36,796 6,01,114 7,43,223 5,44,543 5,12,008 5,73,420 6,92,057 8,22,792 8,94,371 10,05,545 xiii) Total Expenditure 5,87,698 5,50,560 6,87,052 5,20,415 4,87, [Showing first 8,000 characters — download PDF for full document]