Daikaffil Chemicals India Ltd

AGM details

• Date/time/mode: Sept 22, 2026, 4:00 PM, via VC/OAVM.
• Voting cut-off: Sept 16, 2026; remote voting Sept 19–21, 2026.
• Scrutinizer's report filed.

Key resolutions and results

• Adoption of Standalone and Consolidated Audited Financial Statements; ordinary; passed with 99.9997% in favour.
• Appointment of Mr. Sadas HIV Kanyana Shetty (DIN: 00038681) as Director; ordinary; passed 100% in favour.

Daikaffil Chemicals India Limited — Trading window closed from Thursday, October 01, 2026 till the expiry of 48 hours after declaration of Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026.

AGM Details

• AGM held on 22 September 2026 via VC/OAVM.
• Meeting ran from 4:00 PM to 4:29 PM.
• Quorum met; 26 shareholders attended via OAVM.
• Statutory and secretarial audit reports had no qualifications.
• Proxies not applicable due to VC; corporate representations allowed.
• Notice and annual report circulated electronically; physical copies on request.
• Scrutinizer appointed; 15-minute post-AGM voting window.
• Consolidated results to stock exchange and company website within two days.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements and reports for the year ended March 31, 2026.
• Resolution 2 (Ordinary): Re-appointment of director retiring by rotation.

Voting / Outcome

• Voting results for the resolutions were not disclosed in the filing.
• Scrutinizer to consolidate remote and AGM voting and report within two working days.
• Remote voting window opened Sep 19, 2026, 09:00 AM to Sep 21, 2026, 5:00 PM.

AGM notice and AR access

• 34th AGM scheduled for 22 September 2026 at 4:00 PM IST via VC/OAVM.
• Web-link to the Annual Report 2025-26 provided to members without registered email addresses.
• Exact AR path: https://www.daikaffil.com/products/260826104520-1.pdf on the company website.
• Communication to update KYC and dematerialise physical securities per SEBI Master Circular.
• Reminder to update email address to continue receiving important information and documents.

KYC, email, and shareholder communications

• SEBI circular requires online payments if folios lack PAN, nomination, or contact details.
• Company urges updating email/phone details to ensure access to electronic payments and notices.

Book closure details

• Book closure for equity shares from 16 Sep 2026 to 22 Sep 2026 (inclusive).
• AGM: 34th Annual General Meeting on 22 Sep 2026 at 04:00 PM IST via VC/OAVM.
• Security type: Equity Shares; closure to support AGM and related member records.

Financials (Standalone FY26)

• Revenue from operations rose to 1334.75 Lakhs.
• Total income stood at 1340.06 Lakhs.
• Total expenses were 1558.34 Lakhs.
• PBT was a loss of 218.28 Lakhs.
• PAT stood at a loss of 214.07 Lakhs.
• EBITDA was negative 181.04 Lakhs; margin -13.51%.
• EPS (Basic/Diluted) at -3.57.
• Net worth declined to 673.77 Lakhs from 885.22.

Capital structure & dividends

• Authorized capital increased to ₹10 Cr from ₹6.5 Cr in May 2025.
• Issued paid-up capital remained ₹6.0 Cr (60 lakh shares).
• Dividend for FY2025-26 not declared due to losses.
• Promoter holding Mikusu India Pvt Ltd at 48.48%.
• Subsidiary Mikusu Global Industries Limited (Nigeria) 100% owned.
• No borrowings; company debt-free as of 31 March 2026.

Operations & strategic focus

• Revenue growth 77.99% YoY; expansion-driven scale-up.
• EBITDA margin improved to -13.51% from -16.71%.
• Nigeria subsidiary established; strengthens international presence.

Governance & disclosures

• Statutory auditor: NVC & Associates LLP; no qualifications.
• Secretarial auditor: GMJ & Associates; no qualifications.
• Board: 7 meetings; Audit Committee: 4; NRC: 2; SRC: 1.

Related party transactions

• Material related party transactions with Mikusu India Pvt Ltd and Heranba group.
• Transactions were at arm's length; quarterly Audit Committee approvals.
• Investment in Mikusu Global Industries Limited: ₹56.71 Lakhs.

Cash flows & liquidity

• Standalone cash flow: operating 54.72; investing -63.83; net decrease -9.11.
• Standalone year-end cash and cash equivalents: 56.90 Lakhs.
• Consolidated cash flow shows net increase of 20.41 Lakhs.

Outlook & risks

• Management aims for margin improvements as fixed costs absorb with scale-up.
• Risks include raw material volatility, forex movements, and regulatory changes.

AGM Details

• 34th AGM on Sep 22, 2026 at 04:00 PM IST via VC/OAVM.
• Register of Members closed Sep 16–22, 2026.
• Remote e-voting window Sep 19–21, 2026; cut-off Sep 16, 2026.
• Venue deemed the registered office; no physical attendance.

Ordinary Resolutions

• Adopt audited standalone and consolidated financial statements and reports for FY 2025-26.
• Re-appoint Sadashiv K Shetty as Director, retiring by rotation.

Director Changes

• Sadashiv K Shetty (DIN 00038681) to be re-appointed; Non-Executive Chairman; five-year term; NIL remuneration.
• Designation: Non-Executive Chairman; retirement by rotation.