Shareholders meeting

August 31, 2026 To To National Stock Exchange of India Ltd BSE Limited Listing Compliance Department Listing Compliance Department Exchange Plaza, 5th Floor, C. 1, Block G, 1st Floor, Phiroze Jeejeebhoy Towers, Dalal Bandra Kurla Complex, Bandra (E), Mumbai Street Mumbai — 400001 400051 NSE SYMBOL: GLOBECIVIL SCRIP CODE: 544424 SUBJECT: ANNUAL REPORT 2025-26 AND NOTICE CONVENING 24TH ANNUAL GENERAL MEETING ("AGM") OF THE COMPANY. Dear Sir/ Madam, This is to inform you that the 24th Annual General Meeting (AGM) of the Company will be held on Friday, September 25, 2026 at 12:00 Noon through Video Conferencing Audio Visual Means ("OAVM") in compliance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Pursuant to Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations"), the Annual Report of the Company along with the Notice of AGM for the Financial Year 2025-26 being sent through electronic mode to the members of the Company is attached. The Notice of AGM along with the Annual Report for the Financial Year 2025-26 is also being made available on the website of the Company at www.globecivilprojects.com in “Regulations 46 - Shareholders” section. This is for your information and record please. Thanking you, Vineet Rattan Company Secretary and Compliance Officer Membership Number: F 11724 L45202DL2002PLC115486 GLOBE CIVIL PROJECTS LIMITED CORPORATE INFORMATION DIRECTORS SECRETARIAL AUDITORS 1. Mr. Ved Prakash Khurana M/s Vasisht & Associates Chairman & Whole Time Director Company Secretaries 2. Mr. Vipul Khurana Address: 441, Sector-2, Managing Director Faridabad-121004, Haryana 3. Mr. Nipun Khurana Managing Director COST AUDITORS 4. Mr. Radhakrishnan Nagarajan M/s. Jain Sharma & Associates Independent Director Cost Accountants 5. Ms. Nalini Shastri Vanjani Address: 4430/2 Arya Pura, Independent Director Sabzi Mandi, Delhi - 110007 6. Mr. Rajender Pal Chandel Independent Director PRINCIPAL BANKERS 7. Mr. Dayal Sarup Sachdev Independent Director HDFC Bank Limited Canara Bank Kotak Mahindra bank Limited CHIEF FINANCIAL OFFICER ICICI Bank Limited Mr. Raghav Aggarwal Axis Bank Limited CSB Bank Limited COMPANY SECRETARY & COMPLIANCE OFFICER REGISTERED OFFICE: Mr. Vineet Rattan D-40, Okhla Industrial Area Phase-I New Delhi, India, 110020 STATUTORY AUDITORS M/s Jagdish Chand & Co., CORPORATE IDENTITY NUMBER: Chartered Accountants L45202DL2002PLC115486 Address: H-20, LGF, Green Park (Main), New Delhi - 110016 WEBSITE: www.globecivilprojects.com CONTENTS Chairman Speech 02 Notice of the Annual General Meeting 05 Board’s Report 18 Corporate Governance Report 46 Management Discussion and Analysis Report 73 Standalone Financial Statements 84 Consolidated Financial Statements 168 CHAIRMAN SPEECH platform from which to pursue emerging opportunities while reducing our dependence on any single sector. During FY 2025–26, we remained focused on the disciplined execution of our ongoing projects while simultaneously strengthening our project pipeline and market presence. Our experience in delivering technically demanding institutional and infrastructure projects has enhanced our credentials and strengthened our ability to compete for larger and more complex assignments. Our association with prestigious institutions and government and public-sector clients reflects the trust that our stakeholders place in our execution capabilities. Projects such as those undertaken for AIIMS, IITs, Indian Railways, the Ministry of External Dear Shareholders, Affairs and other institutional clients demonstrate the It gives me immense pleasure to present to you the breadth of our capabilities and our ability to execute Annual Report of Globe Civil Projects Limited for the projects where quality, compliance, safety and timely financial year 2025-26. The year under review has delivery are critical. been one of continued progress, disciplined execution Building for the Next Phase of Growth and strengthening of our foundation for sustainable As we look ahead, our strategy remains firmly and long-term growth. anchored around profitable and sustainable growth India continues to stand at an important juncture in its rather than growth at any cost. development journey. With infrastructure remaining a We intend to strengthen our presence in segments key pillar of economic growth, the country is witnessing where we have established execution capabilities sustained investments across transportation, railways, while selectively expanding into new geographies and urban development, healthcare, education, housing higher-value projects. We will continue to enhance our and other social infrastructure. The Government’s technical and financial pre-qualification credentials continued focus on infrastructure-led growth, so that we can participate in larger EPC opportunities connectivity and capital formation is creating a and complex infrastructure programmes. strong and diversified opportunity landscape for the Engineering, Procurement and Construction (“EPC”) At the same time, we recognise that the EPC industry sector. The Economic Survey 2025–26 has also is undergoing a significant transformation. Project recognised the importance of sustained infrastructure owners are increasingly seeking partners who can creation, greater private participation and improved offer not merely construction capability, but also end- project execution to support India’s long-term to-end project management, technical competence, development ambitions. quality assurance, cost discipline, safety and reliable execution. We believe our experience and institutional For Globe Civil, this environment presents an knowledge position us well to meet these evolving opportunity that goes beyond growth in numbers. It expectations. is an opportunity to participate meaningfully in the creation of assets that will shape India’s economic Technology, Quality and Sustainability and social landscape for decades to come. The future of construction will increasingly be shaped Over the years, we have established ourselves as a by technology, data-driven project management and trusted EPC partner with experience in executing sustainable construction practices. We are therefore complex and large-scale projects across diverse focused on strengthening our systems and processes sectors. Our portfolio encompasses education, to improve project monitoring, resource utilisation, healthcare, institutional buildings, housing, railways quality control and execution efficiency. and urban infrastructure, giving us a balanced 2 Annual Report 2025-26 GLOBE CIVIL PROJECTS LIMITED We also recognise that infrastructure development EPC opportunities; must be responsible and sustainable. Accordingly, we • Diversifying our geographical and sectoral remain committed to maintaining high standards of presence to create a more resilient business occupational health and safety, quality, environmental portfolio; responsibility and regulatory compliance across our operations. • Leveraging technology, systems and professional talent to improve operational efficiency and For us, safety is not merely a statutory requirement; project visibility; and it is an integral part of responsible project execution. Similarly, quality is not simply an outcome to be • Maintaining strong corporate governance, inspected at the end of a project-it is a discipline that financial discipline and responsible business must be embedded throughout the project lifecycle. practices as the foundation of sustainable growth. Outlook I firmly believe that the Company’s greatest strength The outlook for India’s infrastructure and EPC sector lies not only in the projects we have completed, remains encouraging. The Union Budget 2026-27 but also in the people, relationships, systems and has continued to place significant emphasis on experience that enabl [Showing first 8,000 characters — download PDF for full document]