Atam Valves Ltd

Atam Valves Ltd – Trading Window Closure Notice

AGM Details

• AGM held 24 September 2026 at 12:00 PM IST, in-person at Hotel Radisson, Jalandhar.
• Concluded at 1:30 PM IST.
• Remote e-voting window: 21–23 September 2026 via CDSL.
• Cut-off voting date: 16 September 2026; shareholders: 11,797.
• Shareholders present at AGM: 39.
• Remote voting facility provided via CDSL portal.
• Notice and annual report available on company and exchange websites.

Financials & Dividend

• Audited standalone financial statements for year ended 31 March 2026 adopted.
• Final dividend of Rs 0.35 per equity share approved.

Director Appointments & Remuneration

• Pamila Jain re-appointed as Whole-Time Director.
• Vimal Parkash Jain re-appointed as Whole-Time Director.
• Remuneration approved for Amit Jain, Managing Director.
• Remuneration approved for Vimal Parkash Jain, Whole-Time Director.
• Remuneration approved for Pamila Jain, Whole-Time Director.
• Remuneration approved for Bhavik Jain, Whole-Time Director.

Related Party Transactions

• Approval to enter into Material Related Party Transactions with AMCO Industries.

Governance & Financing Resolutions

• Increase in borrowing powers of the Board under Section 180(1)(C).
• Approval to create charges, mortgages and hypothecations under Section 180(1)(A).

Voting & Compliance Outcome

• Consolidated Scrutinizer's report confirms all resolutions passed with requisite majorities.
• All resolutions put to vote were approved.

AGM Details

• Date/time/mode: 24 September 2026, 12:00 PM, physical at Hotel Radisson, Jalandhar.
• Record date: 16 September 2026 for eligibility.

Ordinary Business

• Adopt Audited Standalone Financial Statements for year ended 31 March 2026.
• Declare final dividend of Rs 0.35 per equity share.
• Appoint Pamila Jain as Whole-Time Director (re-appointment).
• Appoint Vimal Parkash Jain as Whole-Time Director (re-appointment).

Special Business

• Approval to enter into Material Related Party Transactions with AMCO Industries.
• Approve remuneration for Managing Director Amit Jain.
• Approve remuneration for Whole-Time Director Vimal Parkash Jain.
• Approve remuneration for Whole-Time Director Pamila Jain.
• Approve remuneration for Whole-Time Director Bhavik Jain.
• Increase in borrowing powers under Section 180(1)(C).
• Create charges, mortgages and hypothecations under Section 180(1)(A).

Voting & Results

• Remote e-voting facility available; ballot voting conducted at AGM.
• Consolidated voting results to be submitted to BSE/NSE and posted on company site.

AGM notice and voting details

• 41st AGM scheduled for Sept 24, 2026, at 12:00 PM IST, in Jalandhar (physical venue).
• Letters issued to shareholders without registered emails providing web links to AGM Notice and FY2025-26 Annual Report.
• Annual Report for FY2025-26 available on company website and BSE/NSE portals.
• E-voting cut-off date: Sept 16, 2026.
• E-voting starts Sept 21, 2026 at 09:00 IST and ends Sept 23, 2026 at 17:00 IST.
• Web links and path to Notice and AR provided; AR accessible via BSE/NSE as well.

Dividend record date

• Record date for dividend eligibility: 16 September 2026; equity shares (ISIN INE0O9KDO01013).
• Dividend payable if approved by members at AGM.
• Dividend to be credited/dispatched within 30 days from AGM conclusion (post-tax).

AGM eligibility cut-off

• AGM attendance cut-off date: 16 September 2026.

Dividend and AGM

• Board recommended dividend of Rs 0.35 per equity share for FY2025-26.
• Dividend subject to AGM approval on Sep 24, 2026; record date to be communicated.

Tax withholding framework

• TDS at 10% with PAN; 20% if PAN is missing or invalid.
• DTAA benefits may apply for non-residents; requires prescribed documents.

Compliance deadlines and process

• Deadline to submit required tax documents by Sept 15, 2026.
• Shareholders should update demat bank details to enable timely credit.

Governance and disclosures

• Board approved dividend at May 25, 2026 meeting; Natisha Choudhary is CS.
• Communication and annexures available on company website.

Financials

• Revenue from operations ₹4,729.29 lakh in FY2025-26 (down 21.83% YoY).
• PAT ₹241.54 lakh; down 61.65% YoY.
• EBITDA ₹4.92 crore; EBITDA margin 10.41%.
• PAT margin 5.11%.
• EPS ₹2.11 per share; down from ₹5.50.
• Total borrowings ₹1,475.36 lakh; cash ₹125.98 lakh; net debt ₹1,349.38 lakh.
• Net worth ₹3,806.07 lakh; equity capital ₹1,146.30 lakh.
• Export revenue ₹216.26 lakh; domestic ₹4,506.71 lakh.
• Market cap ₹5,559.55 lakh as of 31 Mar 2026.
• Final dividend ₹0.35 per share proposed.
• API Spec Q1 certification achieved April 30, 2026.
• Two customers contributed 38.85% of FY25-26 revenue.
• AGM date 24 Sep 2026; record date 16 Sep 2026.

Operations & Markets

• API certification expands opportunities in oil and gas; export growth planned.
• ATAM FEBI brands across 500+ SKUs.
• 700+ dealers and 300+ clients; strong distribution.
• FY25-26 domestic revenue ₹4,506.71 lakh; export ₹216.26 lakh.
• Global valve market CAGR 6.2%-6.4%; IoT adoption rising.
• Industry trends: smart valves, Industry 4.0 integration.
• India valve market CAGR 6.64% to 2034; domestic growth supports Atam.

Capital & Liquidity

• Net debt to equity 0.35x; total debt ₹1,475.36 lakh; cash ₹125.98 lakh.
• Borrowing limit raised to ₹60 crore.
• Net cash from operations ₹46.30 lakh; financing inflow ₹123.59 lakh; net increase ₹84.57 lakh.
• Inventories ₹3,172.87 lakh; current assets ₹5,494.16 lakh.

Dividend & AGM

• AGM: 41st on 24 Sept 2026; remote voting Sept 21-23; cutoff Sept 16.
• Final dividend ₹4.01 lakh (₹0.35 per share).
• Related party transactions with Amco up to ₹35 crore to be approved.
• Remuneration approvals for directors via Special Resolutions.

Governance & Risk

• Board: 8 directors; 4 independent; 1 woman; 7 board meetings.
• Statutory auditors JC Arora; internal Sohan & Associates; Secretarial PS Rally.
• Risk management policy in place; board oversight; not top-1000 LODR applicable.
• Vigil mechanism implemented; no WH complaints in 2025-26.
• Remuneration policy disclosed; related party policy on company website.

Strategic Developments

• API certification; plan to scale WCB carbon steel line; higher-pressure valves.
• R&D focus: IoT integration; smart valves; Industry 4.0.
• Market diversification into renewables, hydrogen, water, pharma.
• Export expansion through EPCs and distributors; international reach.

CSR & ESG

• CSR spend ₹18.01 lakh; 2% threshold ₹17.72 lakh; no shortfall.
• CSR activities span education, healthcare, rural development, solar, EMS.
• CSR governance disclosed; CSR Committee not required at threshold.

Dividend update

• Final dividend, if declared at AGM, for FY ended 31 March 2026.
• Record date fixed on 16 September 2026 for eligibility.
• Dividend will be declared by shareholders at the 41st AGM.
• Financial year to which the dividend applies: year ended 31 March 2026.