Aartech Solonics Ltd

AGM details and voting results

• AGM held on September 29, 2026 via Video Conferencing/OAVM.
• Voting results and Scrutinizer's Report submitted to exchanges.
• Results will be hosted on the company's website.

AGM Details

• Held on 29 September 2026 at 11:00 IST via VC/OAVM.

Key Resolutions

• Ordinary: Adoption of Audited Financial Statements (standalone and consolidated).
• Ordinary: Final dividend declared at 25% (Re 0.125 per share).
• Ordinary: Re-appointment of Anil Anant Raje by rotation.
• Special: Revision in remuneration of Amit Anil Raje, Chairman and MD.
• Special: Revision in remuneration of Arati Nath, CEO and Director.

Voting Status

• Voting results to be determined by Scrutinizer's consolidated report.
• Voting conducted electronically; show of hands not used.

Dividend

• Final dividend declared: 25%, Re 0.125 per equity share.

Director Changes

• Re-appointment by rotation of Anil Anant Raje.

AGM Details

• Date and time: 29 September 2026, 11:00 IST, via VC/OAVM
• Mode: VC/OAVM
• Remote e-voting window: 26–28 September 2026
• Meeting commenced 11:00 IST; concluded 12:00 Noon

Resolutions Presented

• Item 1: Adoption of audited financial statements (standalone and consolidated) for FY2025-26
• Item 2: Declaration of final dividend on equity shares at 25% (Re 0.125 per Rs5 share)
• Item 3: Re-appointment of Anil Anant Raje by rotation as Director
• Item 4: Revision in remuneration of Amit Anil Raje, Chairman & MD
• Item 5: Revision in remuneration of Arati Nath, CEO & Director

Voting Status

• Voting results not disclosed; to be determined via Scrutinizer's consolidated report
• Results to be submitted to stock exchanges and placed on company/Bigshare websites

Dividend

• Final dividend of Re 0.125 per equity share (25% of Rs 5)

Directors / Management Changes

• Re-appointment of Anil Anant Raje as Director by rotation

Aartech Solonics Ltd – Trading window closed from Thursday, October 01, 2026 until 48 hours after the declaration of Un-audited Financial Results (Standalone & Consotidated) for the quarter and six months ended September 30, 2026.

Meeting Details

• Meeting No. 05/2026-27 scheduled for Sep 05, 2026 at 11:00 AM at the registered office, Bhopal.

Key Agenda Items

• To consider and recommend final dividend for FY 2025-26, if any.
• To consider and approve re-appointment of Mr. Anil Anant Raje, retire-by-rotation.
• To consider and approve revision in remuneration of Amit Anil Raje, CMD.
• To consider and approve revision in remuneration of Arati Nath, CEO & Director.
• To fix date/time of 44th AGM and approve AGM notice, Board's Report, timelines.
• To approve closure of Register of Members and transfer books; fix record date for final dividend.
• To appoint CS Avadhesh Parashar as Scrutinizer for AGM e-voting.

Financial Performance

• Revenue from operations: 728 lakhs for quarter ended 30 June 2026.
• Prior-year quarterly revenue: 433 lakhs.
• Revenue up about 1.5x year-on-year.
• Material consumed: 3.36 Cr.
• Employee benefits expense: 1.19 Cr.
• Total expenses: 7.2 Cr, vs 4.69 Cr YoY.
• Profit before tax: 1.19 Cr.
• Q1 subdued; next three quarters expected stronger revenue and margins.
• Order book at year start around 7 Cr.
• 7 Cr orders from last year executed in current year.
• No exceptional items in the quarter.

Operations and Product Focus

• Ultracapacitors focus: defense, data centers, energy storage.
• Product development philosophy: value-added solutions and rigorous validation.
• CRP margins around 10% plus; higher KV yields margins.
• Roadmap: target higher KV panels (220 to 415-765 KV) via collaborations.
• Exploring partnerships with relay manufacturers; potential in-house manufacturing.
• Certification: type testing by PGCIL/CIL; 18-24 months for evaluation.
• Factory visits welcome; investors can tour plant.

Balance Sheet and Liquidity

• Balance sheet healthy; negligible debt; only non-fund-based liabilities.
• Cash-positive for many years; plan to keep balance sheet tight.

Q&A Highlights

• Inquiries around 100 Cr; hand orders 10-15 Cr.
• Conversions possible this financial year; long gestation projects.
• Railways and oil & gas growth opportunities; BTS and CRP relevance.
• Data centers demand rising; energy storage applications.
• Ultracapacitors timeline: evaluations 18-24 months; full entry longer.
• R&D spend FY25 around 45 Lakhs; capitalization approach.

Outlook and Guidance

• Next 3 quarters expected to be healthy for revenues and margins.

Meeting Details

• Meeting date and time: 14 August 2026, 12:00 IST.
• Type and mode: Investor/Analyst Meet; audio recording.

Participants

• Key company participants: Company Secretary & Compliance Officer.

Purpose

• Discuss unaudited quarterly results for quarter ended 30 June 2026.

Availability

• Audio recording available on the company website.