Adarsh Plant Protect Ltd

AGM details

• 34th AGM held on 19 September 2026 at 11:15 AM at the registered office.
• Voting mode: remote e-voting and poll; voting cut-off on 12 September 2026.

Ordinary resolutions

• Adopt Audited Financial Statements for year ended 31 March 2026.
• Re-appoint Jyotika Patel as director retiring by rotation.

Special resolutions

• Amend Object Clause of the Memorandum of Association.
• Approve Material Related Party Transactions.

Voting results

• All resolutions passed; 100% in favour per Scrutinizer's report.

Director changes

• Jyotika Patel re-appointed as director.

Auditors

• No auditor changes disclosed.

Material related party transactions

• Material RPTs approved; counterparty and value not disclosed in the filing.

Newspaper publication for annual report

• Company published notices in Business Standard and Jai Hind for dispatch of 34th Annual Report.
• Notice also available on the company's website www.adarshplant.com.
• Copies of publications submitted under SEBI LODR Regulation 47.

AGM Details

• AGM date and time: Saturday, 19 September 2026 at 11:00 a.m. IST.
• Mode and venue: physical meeting at Registered Office, Anand, Gujarat.
• Agenda: includes notice of 34th AGM and Integrated Annual Report for FY 2025-26.

Financial snapshot

• Revenue from operations: ₹1,203.73 Lakhs; Total revenue: ₹1,207.26 Lakhs for FY2025-26.
• PAT: -₹2.38 Lakhs; Total Comprehensive Income: -₹1.98 Lakhs.
• Basic EPS: ₹-0.02; Diluted EPS: ₹-0.02.
• Dividend not recommended due to year-end losses.
• Paid-up equity capital: ₹991.15 Lakhs; total equity: ₹28.63 Lakhs.

Segments & geography

• Industrial Packaging revenue: ₹1,120.90 Lakhs; Agriculture ₹20.88; Smokeless Chulha ₹14.72.
• Geography: India; single operating segment; no external customer ≥10% revenue.
• Portfolio includes Sprayer Pumps, Barrels, and Biomass Clean Cook Stoves.

Dividend & capital allocation

• Dividend: no dividend recommended; no transfer to reserves.
• Share capital unchanged; no buybacks.

Capital structure & liquidity

• Total borrowings ₹538.51 Lakhs; current ₹190.36; non-current ₹348.15.
• Cash and cash equivalents ₹15.29 Lakhs at year-end.
• Gearing ratio 11.71x; current ratio 1.5286x.

Operations & cash flow

• Profit before tax: ₹-1.63 Lakhs; PAT: ₹-2.38 Lakhs.
• Depreciation/ amortisation: ₹52.88; Finance costs: ₹34.49.
• Cash flow from operations: net outflow ₹27.87 Lakhs.

Accounting & audit notes

• Note 36: Ind AS restatement for lease accounting; ROU assets recognized.
• Note 44: New Labour Codes not quantified; no liability recognised yet.
• Note 46: Single segment; India; no 10% customer; no segment reporting.

Governance & board

• Board consists of six directors; three independent; one woman; MD designated.
• Audit Committee: three independent directors; chair C. S. Trivedi; meets quarterly.
• Material related party transactions with NAS Packaging Pvt Ltd, NAS, Mini Sarvodyog Sira; arm's length; approvals obtained.

AGM & Shareholder information

• AGM set for 19 Sep 2026 at 11:00 AM; venue: Registered Office.
• Book closure: 13-15 Sep 2026; Proxy deadline: 17 Sep 2026.
• Scrip: 526711; ISIN INE627D01016.
• Promoter holdings: Naishadkumar N Patel 40.61%; Atish Patel 30.02%.

Outlook & risks

• FY2025-26 saw demand decline due to volatile global economy and geopolitics.
• Opportunities in packaging and environmental engineering; Government push for exports.
• Risks: raw material costs, logistics, regulatory changes, and currency fluctuations.

AGM notice publication and access

• Notice published for the 34th AGM with e-voting details and book-closure dates.
• Newspaper publications in Business Standard (English) and Jai Hind (Gujarati).
• Notice also available on the company's website.
• Copies published with BSE as per Regulation 47 of SEBI LODR.

Publication of results

• Un-Audited Q1 FY2026 results published in Business Standard (English) and Jai Hind (Gujarati) on 12 August 2026.
• Results also available on the company's website.

Financial performance

• Revenue from operations: 23,627 Lakhs.
• Other income: 0.03 Lakhs.
• Total revenue: 238.30 Lakhs.
• Total expenses: 267.61 Lakhs.
• Profit for the period: 6.35 Lakhs.
• Basic EPS: Rs 0.06.
• Diluted EPS: Rs 0.06.
• Paid-up equity share capital: Rs 991.15 Lakhs.

YoY comparison

• PAT rose 58.8% YoY to ₹6.35 Lakhs from ₹4.00 Lakhs.

Audit status & notes

• Limited Review by Mukund & Rohit; no audit opinion.
• Single segment operation; no separate segment disclosure.
• Board approved unaudited results on 10 Aug 2026.

Key board decisions

• Standalone unaudited quarterly results for quarter ended 30 June 2026 approved.
• Drafts of Notice, Board Report, Corporate Governance Report and MD&A approved.
• 34th AGM scheduled for 19 September 2026 at 11:00 AM.
• Cut-off date for voting rights fixed at 12 September 2026.
• Register of Members and transfer books closed 13–15 September 2026.
• Limited Review Report issued; no material misstatement observed.
• Single-segment operation; no separate segment information disclosed.

Penalties and disclosures

• Disclosure of BSE-imposed fines for regulatory non-compliances and their payment.
• Non-compliance Reg 23(9) on related party disclosures; fine Rs 5,900 incl GST, paid 03-07-2026.
• Reg 17(1A) non-compliance: failed special resolution for director over 75; waiver sought; resubmitted 24-02-2026.
• Payment of penalty Rs 73,160 incl GST made on 07-05-2026.
• Date of receipt of order: Reg 23(9) 30-06-2026.
• Reg 17(1A) order received on 19-02-2026.
• Total penalties paid: Rs 79,060 including GST.
• No additional operational impact disclosed.

Dematerialisation status

• Dematerialisation requests processed during the quarter ended 30 June 2026 and confirmed to depositories.
• Securities dematerialised were listed on the stock exchanges where the earlier issued securities are listed.
• Security certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository’s name substituted as registered owner within prescribed timelines.