Cosco India Ltd

AGM Details

• 47th AGM held Sept 30, 2026 at 12:00 IST via VC/OAVM.
• Quorum present; no proxies due to MCA/SEBI circulars.
• Chair: Shri Devinder Kumar Jain, MD & CEO.
• Scrutinizer: Ravi Sharma (R S M & Co).
• Statutory auditor's report had no adverse remarks.
• Secretarial auditor's report had no qualifications.

Key Resolutions

• Adoption of audited standalone financial statements for FY 2025-26; voting status not disclosed.
• Appointment of Neeraj Jain by rotation for re-appointment; voting status not disclosed.
• Reappointment of Arun Jain as Whole Time Director; voting status not disclosed.
• Reappointment of Manish Jain as Whole Time Director; voting status not disclosed.
• Reappointment of Pankaj Jain as Whole Time Director; voting status not disclosed.

Director Changes

• Arun Jain reappointed as Whole Time Director.
• Manish Jain reappointed as Whole Time Director.
• Neeraj Jain reappointed as Director liable to rotation.
• Pankaj Jain reappointed as Whole Time Director.

Audit & Compliance Notes

• Statutory auditors present; no adverse remarks in report.
• Secretarial auditors' report contains no qualifications.

Cosco India Ltd - Closure of Trading Window

Financials

• Revenue from operations: 18,856.08 lakh (FY26).
• Total revenue: 18,978.21 lakh.
• PAT: 100.49 lakh.
• EPS: 2.41; Diluted EPS: 2.41.
• Net worth: 5,172.88 lakh.

Operations & Geography

• Two segments: Own Manufactured Products and Traded Goods.
• Domestic revenue: 18,527.60 lakh; exports: 328.49 lakh.
• Total Indian revenue: 18,856.09 lakh.

Dividends

• Dividend: none declared for FY2025-26.

Debt & Liquidity

• Total borrowings: 6,150.90 lakh.
• Cash & cash equivalents: 293.20; net debt: 5,857.70.
• Gearing ratio: 1.13x; current ratio: 1.88x.

Governance

• Board: 12 directors; independent: 6; one woman director.
• Six board meetings; committees active; no KMP changes.

Audit & ICFR

• Auditors: Madan & Associates; no qualifications; emphasis on internal controls.
• ICFR adequate; weaknesses noted in inventory verification and receivables; management to strengthen.

Related Party Transactions

• RPTs at arm's length; disclosures per IND-AS 24.
• Cosco Polymer Industries (P) Ltd: loans received 20.00; interest 15.12; loans outstanding 209.00.

Outlook & Risks

• Outlook: India growth ~6.4% in 2026-27; IMF global ~3.0% in 2026.
• Risks: competition, raw materials, FX, regulatory changes.

Subsidiaries & Compliance

• Cosco Polymer Lanka wound up; CPLPL assets vested; consolidated FS not prepared.
• CSR not applicable; compliance with LODR; whistleblower policy.

Shareholding & Capital

• Promoters hold 74.98%; Navendu Investment 35.42% as of 31.03.2026.
• Dematerialisation: 99.55% of shares dematerialised.

Capex & Assets

• Capex: 158.44 lakh; solar power installation at Gurgaon.
• PPE gross 1,717.51 lakh; CWIP 16.86 lakh.

Management Discussion

• Outlook: supportive government measures; sector growth; Cosco positioned with strong brand.

Key Risks & Strategy

• Competition, FX, and raw material volatility; strategy emphasizes product expansion and cost controls.

AGM schedule and closing dates

• Cosco (India) 47th AGM on 30 Sep 2026 at 12:00 Noon via VC/OAVM.
• Register of Members and share transfer books closed 24-30 Sep 2026.
• Record date for voting entitlement fixed 23 Sep 2026.
• E-voting facility via NSDL available for AGM.
• Section 108 and Companies Act 2013, Rule 20 basis.

agm details

• Date and time: 30 September 2026 at 12:00 Noon.
• Mode: VC/OAVM.
• Record date: 23 September 2026.
• Register/Transfer closure: 24–30 September 2026 (inclusive).

key resolutions

• Item 1: Ordinary – adopt Audited Financial Statements for year ended 31 March 2026.
• Item 2: Ordinary – appoint Neeraj Jain as director by rotation.
• Item 3: Special – reappoint Arun Jain as Whole Time Director for 3 years.
• Item 4: Special – reappoint Manish Jain as Whole Time Director for 3 years.
• Item 5: Special – reappoint Pankaj Jain as Whole Time Director for 3 years.
• Item 6: Special – reappoint Neeraj Jain as Whole Time Director for 3 years.

remuneration framework

• Item 3 remuneration: salary 4.40 lakh per month; 4.70 lakh from Apr 2027; 50% allowances.
• Item 3 perquisites: PF, gratuity, leave encashment, housing, medical, car, phone, club.
• Item 4 remuneration: salary 4.40 lakh per month; 4.70 lakh from Apr 2027; 50% allowances.
• Item 4 perquisites: PF, gratuity, leave encashment, housing, medical, car, phone, club.
• Item 5 remuneration: salary 4.40 lakh per month; 4.70 lakh from Apr 2027; 50% allowances.
• Item 5 perquisites: PF, gratuity, leave encashment, housing, medical, car, phone, club.
• Item 6 remuneration: salary 4.40 lakh per month; 4.70 lakh from Apr 2027; 50% allowances.
• Item 6 perquisites: PF, gratuity, leave encashment, housing, medical, car, phone, club.
• Remuneration framework: Board may alter within statutory limits; SEBI LODR applies.

voting process

• Remote e-voting window: Sep 26–29, 2026, 9:00 AM–5:00 PM.
• Cut-off date for e-voting: Sep 23, 2026.
• Remote voters may attend the AGM but cannot vote there.
• Scrutinizer's report within two working days; results posted on cosco.in and NSDL websites.