Cubex Tubings Ltd

CUBEX TUBINGS LIMITED trading window closed from October 1, 2026 till 48 hours from the date of Board Meeting in which the financial results for the second quarter and half year ending on September 30, 2026 are approved; the trading window will re-open after 48 hours from the date of approval of the financial results for the second quarter and half year ending on September 30, 2026.

Fundraising approvals

• Approved raising ₹135 crore via debt and/or convertible securities in one or more tranches.
• Approved convening of EGM on 28-10-2026 to obtain shareholder approval for fundraising.
• EGM notice with disclosures to be issued separately.

Meeting Details

• Board meeting scheduled on 17 September 2026 at 02:00 PM at the registered office.

Key Agenda Items

• Proposal to raise funds by issue of debt securities and/or other securities, convertible to equity later.
• Approval for issue of securities convertible into equity, including terms, price, tenure, interest, redemption.
• Seek member approvals for the proposed fund-raising under applicable Companies Act and SEBI rules.
• Convene an Extraordinary General Meeting to obtain member approval for the proposal.
• Consider any other matter with chair's permission.

Other Notes

• Meeting scheduled on shorter notice.

Financials and highlights

• Quarter ended 30 June 2026: Net Sales/Income from Operations 6,497.17; Total Income from Operations (Net) 6,674.53.
• Cost of materials consumed 4,059.50; Changes in inventories 1,934.95.
• Total expenditure 6,488.75; Profit before tax 185.78.
• Tax: current 51.69; deferred 2.28; Profit after tax 131.81.
• EPS Basic/Diluted 0.92.
• Board approved results on 13-08-2026; Limited Review by JMT & Associates.
• Single segment: Copper and Copper Alloy Products.
• Year ended 31 March 2026: Net Sales 28,800.55; Total Income 29,622.63; PAT 745.39; EPS 5.21.
• Quarter ended 31 March 2026: Net Sales 8,940.11; Total Income 9,484.16; Profit after tax 137.20; EPS 0.90.
• Auditors issued Limited Review; no audit opinion expressed.

AGM Details

• AGM held via VC/OAVM; meeting commenced 10:30 AM and concluded 11:06 AM.
• 89 shareholders attended.
• Chairman presided the meeting.
• Remote e-voting window: 27 July to 29 July; venue voting available.
• Voting results to be disseminated shortly.

Resolutions

• Adoption of audited financial statements and board/auditor reports.
• Re-appoint director by rotation.
• Re-appoint another director by rotation.

Meeting Details

• Board meeting on 13 August 2026 at 02:00 PM at the Registered Office, Secunderabad.

Key Agenda Items

• Unaudited financial results for the quarter ended 30 June 2026 to be considered.
• Any other matter with the Chair's permission.

Other Notes

Dematerialisation status and listing

• Dematerialisation requests processed during 01 Apr 2026 to 30 Jun 2026 after due verification.
• Physical certificates received for dematerialisation mutilated and cancelled after verification.
• Depository name substituted as registered owner in records.
• Securities dematerialised have been listed on the issuer's exchanges.

AGM details

• AGM date/time: 30 July 2026 at 10:30 AM via VC/OAVM.
• Record date for attendance and voting: 24 July 2026.
• EVoting window: 27 July 2026 10:00 AM to 29 July 2026 5:00 PM.

Ordinary resolutions

• Adopt annual financial statements for year ended 31 March 2026.
• Reappoint Veena Bhandari as director (retiring by rotation).
• Reappoint Akshay Bhandari as director (retiring by rotation).

Dividend

• Dividend for the year not proposed; funds to be deployed for equipment upgrades.

Directors / governance

• Board composition unchanged; no new appointments or resignations during the year.
• Veena Bhandari and Akshay Bhandari eligible for reappointment.

Auditors and related parties

• Statutory auditors reappointed for four-year term ending 2029.
• Secretarial auditors reappointed for five-year term.
• No materially significant related party transactions beyond director remuneration; policy in place.