Carysil Ltd

Postal Ballot Purpose

• Special resolution to appoint Prayasvin B. Patel as Independent Director.
• Term of five years, Sept 22, 2026 to Sept 21, 2031.

Independence & Director Profile

• Independence declaration received; meets independence criteria.
• Not liable to retire by rotation.
• Experience: veteran in engineering; former MD/Chairman of Elecon Engineering.

Outcome & Timing

• Results to be announced by Nov 2, 2026.
• Voting window: Oct 2–Oct 31, 2026 via NSDL e-voting.

Governance Impact

• No material financial actions disclosed; governance-focused appointment.

Carysil Limited: Trading window closed from October 01, 2026 till 48 hours after the declaration of the Unaudited Financial Results for the quarter and half year ended September 30, 2026.

AGM Details

• AGM held September 22, 2026 at 3:00 PM via VC/OAVM.
• Voting rights cut-off date: September 15, 2026.

Key Resolutions

• Resolution 1 (Ord): Adoption of financial statements and auditors’ report.
• Resolution 2 (Ord): Declaration of final dividend per share.
• Resolution 3 (Ord): Re-appointment of director by rotation.
• Resolution 4 (Special): Ratification of cost auditor remuneration for FY2027.
• Resolution 5 (Ord): Revision in remuneration of director holding office of profit.

Voting Outcomes

• Resolution 1: Passed with majority; few against.
• Resolution 2: Passed with majority; few against.
• Resolution 3: Passed; notable against votes.
• Resolution 4: Passed; few against.
• Resolution 5: Passed with 73.59% in favor; 26.41% against.

Dividend & Remuneration

• Final dividend of Rs 3 per equity share declared.
• Cost Auditor remuneration ratified for FY2027.

Business Overview

• Global kitchen solutions platform with integrated manufacturing across key categories.
• Strategic focus on brand building, capacity expansion, and global diversification.

Operational Highlights

• Installed quartz sink capacity 10 lakh P.A.; utilization at 88% in Q1 FY27.
• Stainless steel sink installed capacity 2.5 lakh P.A.; utilization 91.6%.
• Appliances capacity 0.5 lakh P.A.; Faucets capacity 0.5 lakh P.A.
• Capacity expansions: Quartz +2.5 lakh; Stainless +1.5 lakh; Appliances +0.5 lakh; Faucets +0.5 lakh.
• Exclusive partnerships with Howdens, Karran, Lowe's; expanding IKEA, Home Depot, Amazon relationships.
• New OEM supply partnerships: Kohler India, Hafele Australia & NZ; UK/Ireland added customers.
• Domestic market growth strategy: Deepening penetration and new launches across appliances, faucets, granite sinks.
• Global presence includes 55 Indian network, 5 plants, 5000+ dealers.
• Product categories include quartz sink, stainless steel sink, appliances, and faucets.

Financial Performance

• No revenue or EBITDA figures disclosed in this presentation chunk.

Strategic Priorities & Outlook

• Brand-building and capacity expansion driving scalable growth.
• Expand global footprint with exclusive partnerships and OEM clients.
• Scale technology-led operations to improve margins and productivity.
• Make in India focus with private-label opportunities.

Risks & Mitigation

• Risks include earnings fluctuations, growth management, competition, and regulatory actions.
• Mitigation via integrated platform, German-engineered quality, and global partnerships.

Governance & Leadership

• Executive Director & Group CFO Anand Sharma listed as contact.
• Management teams across India and global operations highlighted.

Meeting Details

• Date: Friday, September 25, 2026; Time: not disclosed.
• Type & mode: Site visit and management meeting; Physical.
• Location: Bhavnagar, Gujarat.
• Event/organiser: Management Meeting and Site Visit for Analysts/Institutional Investors.

Participants

• Key company participants: not specified.

Purpose

• Purpose: Analyst/institutional investor meeting and site visit.

Additional Notes

• Recording/transcript/presentation: not specified.

AGM details

• Date and time: 22 Sep 2026, 3:00 PM to 4:25 PM (IST).
• Mode: VC / OAVM per MCA/SEBI guidelines.
• Attendance: 84 members.

Key resolutions

• Adopt audited standalone and consolidated financial statements for FY2026.
• Declare dividend of ₹3 per equity share.
• Re-appointment of Anand Sharma as director (retiring by rotation).
• Ratify remuneration of Cost Auditor for FY2027.
• Revise remuneration of Ms. Rhea Parekh for office/placement.

Voting results

• Resolution 1: Passed, subject to requisite majority.
• Resolution 2: Passed, subject to requisite majority.
• Resolution 3: Passed, subject to requisite majority.
• Resolution 4: Passed, subject to requisite majority.
• Resolution 5: Passed, subject to requisite majority.

Dividend

• Dividend of ₹3 per equity share declared for FY2026.

Directors and auditors

• Director: Anand Sharma proposed for re-appointment.
• Cost Auditor remuneration ratified for FY2027.

Independent Director Appointment

• Appointment of Mr. Prayasvin B. Patel as Additional Independent Director effective Sept 22, 2026, subject to member approval.
• Term: Sept 22, 2026 to Sept 21, 2031; not liable to retire by rotation.
• Subject to member approval and compliance with Listing Regulations and Companies Act provisions.
• Reg 30 disclosure enclosed as Annexure I.
• Postal ballot cut-off date: Sept 25, 2026; notice to be sent electronically.
• Not related to Directors/KMP.

KYC for physical shareholders

• Intimation issued to physical security holders to furnish KYC per SEBI Circulars.
• Dividend will be paid only electronically after KYC completion.
• KYC forms required: ISR-1, ISR-2, SH-13, ISR-3, SH-14.
• Dematerialization advised; physical shares must convert to demat for transfers.
• RTA contact: Bigshare Services for queries.