Betex India Ltd

AGM Details

• AGM date: 30 September 2026.
• AGM: 39th Annual General Meeting.

Key Resolutions

• Resolution: Ordinary; Re-appoint Non-Executive Independent Director for five-year term.
• Outcome: Resolution passed; no significant dissent noted.

Director Changes

• Re-appointment of Hanumansingh Karansingh Shekhawat as Non-Executive Independent Director.
• Term: five years, from 10 February 2027 to 9 February 2032.
• Shareholding in company: NIL.
• Not debarred from holding office.
• Other public company directorships: NIL.

AGM details

• Date, time, mode: 30 Sep 2026, 11:30 IST, physical at registered office.
• Concluded at 12:45 IST; remote e-voting 27–29 Sep 2026.
• Quorum confirmed; all directors attended.
• Notice and Statutory Auditors’ Report taken as read.
• Secretarial Audit Report taken as read with no observations.

Key resolutions

• Adopt audited standalone and consolidated financial statements.
• Reappoint Mahesh Kumar Somani as director (rotating).
• Reappoint Hanumansingh Karansingh Shekhawat as Independent Director.
• Approve related party transactions of the company.
• Revise remuneration of Whole-Time Director.

Voting status

• Voting results to be announced within 2 working days.
• Results to be posted on company website and stock exchange.

Dividend

• Dividend: no proposal or approval.

Director changes

• Somani to be reappointed as director.
• Hanumansingh Shekhawat to continue as Independent Director.

Auditors

• No changes to statutory/secretarial/cost auditors reported.

BETEX INDIA LIMITED — Trading Window closed from 1st October, 2026 till the completion of 48 hours of the declaration of Unaudited Financial Results for the Quarter and Half year ended on 30th September, 2026

Financial highlights

• Revenue from operations rose to ₹10,033.85 Lakhs in FY2025-26.
• EBITDA ₹924.27 Lakhs; margin improved due to lower costs.
• Profit before tax ₹765.98 Lakhs; tax ₹199.36 Lakhs; PAT ₹566.63 Lakhs.
• Total comprehensive income ₹673.34 Lakhs; OCI ₹106.71 Lakhs.
• EPS (Basic) ₹37.78; net worth ₹4,106.99 Lakhs; borrowings ₹1,167.68 Lakhs.
• ROE 13.80%; net profit margin 5.65%.

Dividend & capital allocation

• Dividend not declared for FY2025-26.
• Dividend Distribution Policy is on Betex website (Annexure A).

Debt, liquidity and capital structure

• Total borrowings ₹1,167.68 Lakhs; long-term ₹74.23; short-term ₹1,093.45.
• Fixed deposits ₹607.58 Lakhs; cash/bank balances ₹74.01 Lakhs.
• Current ratio 2.10x; debt-equity 0.28x; debt service coverage 6.86x.

Cash flows and liquidity

• Net cash from operations ₹64.33 Lakhs; investing outflow ₹290.03 Lakhs.
• Financing activity ₹237.33 Lakhs; year-end cash ₹681.60 Lakhs.

Audit and governance

• Statutory auditor HTKS & Co; qualified opinion due to lack of actuarial valuation for employee benefits (Ind AS 19).
• Secretarial audit: Annexure-C; no material qualifications; compliance as per SEBI LODR.
• Internal controls deemed adequate and operating; governance processes per Schedule V.

Related party transactions

• Material related party transactions up to ₹25 Crores per party; 11 entities; arm's length; board approval required.
• Remuneration for Mr. Ritesh Somani revised to ₹1 Crore per annum; subject to approvals.
• RPT policy disclosed on Betex website; disclosures filed as required.

Management discussion and outlook

• Outlook: India remains fast-growing; domestic demand supports growth; capacity utilization improving.
• Risks: fragmentation, input costs, competition; strategy to focus on value-added and tech adoption.

Book Closure Details

• Book closure from 24 September 2026 to 30 September 2026 (inclusive).
• Purpose: in context of the 39th AGM to be held on 30 September 2026 at 11:30 AM.
• AGM date: 30 September 2026 at 11:30 AM.

AGM Details

• AGM date and time: 30 September 2026 at 11:30 AM.
• Mode: Physical meeting at registered office; VC/OAVM facility available.
• Venue: Registered office, Surat, Gujarat.
• Members' register closure from 24 Sep 2026 to 30 Sep 2026.

Key Resolutions

• Adopt audited standalone and consolidated financial statements for year ended 31 March 2026.
• Reappointment of Mahesh Kumar Somani by rotation.
• Re-appoint Hanumansingh Karansingh Shekhawat as Independent Director for second term.
• Approve related party transactions with specified parties up to Rs 25 crore each.
• Revise remuneration of Whole-Time Director to up to Rs 1 crore per annum.

Material Related Party Transactions

• Related party transactions with multiple entities up to Rs 25 crore each; common directors.

Director Changes

• Reappointment of Mahesh Kumar Somani by rotation.
• Re-appointment of Hanumansingh Karansingh Shekhawat as Independent Director.

Meeting Details

• Date: 5 September 2026; Time: 11:00 A.M.; Venue: 436, GIDC Pandesara, Surat, Gujarat

Key Agenda Items

• Re-appoint Hanumansingh Karansingh Shekhawat as Independent Non-Executive Director
• Approve remuneration revision for Mr. Ritesh Somani, Whole-Time Director
• Approve Notice convening the 39th AGM
• Approve Directors' report for the financial year 2025-26
• Decide the date, time and venue of the 39th AGM
• Decide and fix the record date and Book Closure period for the 39th AGM
• Appoint Scrutinizer to ascertain voting process for the 39th AGM

Other Notes

• Trading window closure period not specified.

Financial results approved

• Standalone unaudited quarterly results for Q1 FY2026 approved; quarter ended 30 June 2026.
• Consolidated unaudited quarterly results for Q1 FY2026 approved; quarter ended 30 June 2026.
• Audit Committee reviewed the results; Board approval followed.

Auditor reports

• Independent Limited Review reports issued; unqualified opinion for standalone results.
• Consolidated results also covered; unqualified opinion in limited review.
• One associate company in consolidated results not audited.

Operational notes

• Only one reportable segment (textile) in both standalone and consolidated results.

Regulatory/compliance

• Trading window to open 48 hours after unaudited results declaration.