Binayak Tex Processors Ltd

AGM Details

• AGM held on 29 September 2026 at 3:00 PM via VC/OAVM.
• Cut-off date for voting: 22 September 2026.
• Remote e-voting: 26–28 September 2026.
• All 6 resolutions placed before shareholders.
• Voting results: e-voting period completed; results announced 29 September 2026.

Resolutions and outcomes

• Resolution 1: Adoption of audited standalone financial statements; ordinary; passed.
• Resolution 2: Appointment of a director in place of the retiring director; ordinary; passed.
• Resolution 3: Appointment of M/s. Sunderlal Desai & Kanodia as statutory auditors; ordinary; passed.
• Resolution 4: Borrowing limits approved; special; passed.
• Resolution 5: Creation of security on assets in favour of lenders; special; passed.
• Resolution 6: Grant intercorporate loans and investments under Section 186; special; passed.

AGM Details

• AGM held on 29 September 2026 at 3:00 PM via VC/OAVM.
• Electronic voting facility available Sep 26–28, 2026; on-site voting offered.

Ordinary resolutions

• Adopt Audited Financial Statements for FY 2025-26 with Directors' and Auditors' Reports.
• Re-appoint Heeradevi Pacheriwala as director by rotation.
• Appoint M/s Sunderlal Desai & Kanodia as Statutory Auditors till FY 2026-27; remuneration to be fixed.

Special resolutions

• Approve borrowing limits under Section 180(1)(c) for the company's business.
• Approve creation of security on present and future properties in favor of lenders.
• Grant intercorporate loans and investments under Section 186 of Companies Act 2013.

Voting status

• Results to be declared within 48 hours; will be posted on company site and to BSE.

Binayak Tex Processors Limited - Trading Window closed from 1 October 2026 until 48 hours after the Board's declaration of financial results for the quarter and financial year ending 30 September 2026

Financial results approved

• Unaudited standalone results for quarter ended 30 June 2026 approved with limited review.

Audit and assurance disclosures

• Audit Committee reviewed results prior to board approval.
• Statutory auditors issued unmodified opinion on audited results; declaration under SEBI LODR Reg 52(3).

Secretarial auditor appointment

• Sark and associates LLP appointed Secretarial Auditor for FY 2026-27.

Business operations and segment

• Board reviewed business operations.
• Textile segment identified as the sole reportable segment.

Meeting Details

• Board to meet on 13 August 2026 at 3:00 PM at the Company's Registered Office.

Key Agenda Items

• Approve unaudited financials with limited review report for quarter ended 30 June 2026.
• Appointment of Sark and Associates LLP as Secretarial Auditor for FY 2026-27.
• Review the company's business operations.

Dematerialisation status

• Dematerialisation requests processed and confirmed to depositories by the Registrar and Transfer Agent.
• Securities dematerialised were listed on the stock exchange where earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated, cancelled after verification, and depository name registered as owner within 15 days.

Binayak Tex Processors Ltd – Closure of Trading Window from July 2026 until 48 hours after the declaration of financial results for the quarter and financial year ending June 30, 2026

Financial performance

• 📊 Standalone total income rose 7.4% to Rs 6,299.91 lakh in FY26.
• 📊 FY26 profit before tax was a loss of Rs 68.94 lakh versus Rs 403.29 lakh profit.
• 📊 FY26 profit after tax was a loss of Rs 95.11 lakh versus Rs 190.51 lakh profit.
• 📊 Q4 FY26 total income was Rs 1,266.93 lakh, down from Rs 1,376.90 lakh a year earlier.
• 📊 Q4 FY26 PBT was Rs 414.18 lakh, including exceptional income from asset sale.
• 📊 Q4 FY26 PAT was Rs 453.03 lakh, versus Rs 551.11 lakh last year.

Cost trends

• 📊 Material cost was Rs 13,465.18 lakh in FY26, broadly flat year on year.
• 📊 Employee benefits expense fell to Rs 959.35 lakh from Rs 1,033.10 lakh.
• 📊 Finance costs rose to Rs 592.65 lakh from Rs 489.68 lakh.
• 📊 Depreciation and amortisation declined to Rs 493.67 lakh from Rs 532.11 lakh.

Working capital and leverage

• 📊 Trade receivables were Rs 6,683.29 lakh at 31 March 2026.
• 📊 Inventories were Rs 2,794.31 lakh at 31 March 2026.
• 📊 Cash and cash equivalents were Rs 76.78 lakh, with bank balances of Rs 572.50 lakh.
• 📊 Total borrowings were Rs 4,390.20 lakh, including Rs 738.17 lakh non-current and Rs 3,652.03 lakh current.
• 📊 Equity share capital was Rs 71.13 lakh and other equity was Rs 9,772.43 lakh.

Exceptional items

• 🗒️ Exceptional item reflected first-time actuarial valuation of gratuity liability.
• 🗒️ The change arose from new labour codes and revised wage definition.
• 🗒️ Gratuity liability of Rs 269.13 lakh was recognized on actuarial valuation basis.

EPS and audit opinion

• 📊 Basic and diluted EPS were both Rs (1.26) for FY26.
• 📍 Statutory auditors issued an unmodified opinion on the audited results.
• 🗒️ The auditor highlighted the gratuity accounting change as an emphasis of matter.

Business and board actions

• 🧱 The company is engaged in textile manufacturing.
• 📍 The board approved audited financials and appointed Sark and Associates LLP as secretarial auditor.