Dolfin Rubbers Ltd

AGM Details

• Date and time: 9 September 2026 at 10:30 AM; venue: Registered office.
• Mode: Physical meeting; remote e-voting enabled.
• Register of Members closure: Aug 31 to Sep 9, 2026.

Resolutions

• Ordinary: Adoption of Audited Financial Statements and reports.
• Ordinary: Re-appoint Kanwaljit Singh as Whole-time Director, retires by rotation.
• Special: Appoint Surinder Pal Singh as Joint Managing Director for five years with remuneration terms.
• Ordinary: Ratify cost auditor remuneration for FY ending 31 March 2027.
• Special: Appoint Satinder Singh Kohli as Independent Director for five years.
• Special: Appoint Soni Rani as Independent Director for five years.

Dividend

• Dividend: No dividend proposal declared at this AGM.

Director Changes

• Kanwaljit Singh to be re-appointed as Whole-time Director, retires by rotation.
• Surinder Pal Singh re-appointed Joint Managing Director for five years from 1 November 2026.
• Satinder Singh Kohli appointed Independent Director for five years (Aug 13, 2026–Aug 12, 2031).
• Soni Rani appointed Independent Director for five years (Aug 13, 2026–Aug 12, 2031).

Auditor Appointments

• Cost Auditor remuneration ratified: Rs 28,000 plus out-of-pocket expenses for FY ending 31 March 2027.

Financial highlights

• Revenue from operations: ₹16,975.44 Lakhs.
• PAT: ₹553.86 Lakhs; EPS ₹5.52.
• Dividend: No dividend declared for FY2025-26.
• Net profit margin: 3.26%; ROE: 15.32%.
• Debt-to-equity: 0.48x; current ratio: 1.78x.
• Borrowings: ₹1,860.51 Lakhs; cash: ₹5.00 Lakhs.
• Share capital: ₹1,002.99 Lakhs; total equity: ₹3,891.58 Lakhs.
• Tubeless tyres dominate Indian market (~79%).
• Employees on roll: 169.

Geography & segment

• Operating segment: Rubber tyres and tubes (single segment).
• Domestic Indigenous sales: ₹15,186.39 Lakhs; Export: ₹1,789.05 Lakhs.
• Tubeless tyres hold ~79% of domestic market.

Capital structure & liquidity

• Share capital: ₹1,002.99 Lakhs.
• Total borrowings: ₹1,860.51 Lakhs (long-term ₹135.57; short-term ₹1,724.94).
• Cash and cash equivalents: ₹5.00 Lakhs.
• Net debt to equity: 45.24%.
• Current ratio: 1.78x.
• Total equity: ₹3,891.58 Lakhs.

Governance & leadership

• Board has 8 directors; 4 executive, 4 independent.
• Satinder Singh Kohli and Soni Rani appointed independent directors (Aug 13, 2026).
• Surinder Pal Singh re-appointed Joint Managing Director for 2026-2031.
• Kawaljit Singh, Ratinder Kaur, Kanwaljit Singh appointed as executives in Aug 2025.
• Cost Auditor remuneration ₹28,000 for FY2027 ratified.

Audit & controls

• Statutory Auditor: M/s Goyal Sanjay & Associates; no qualifications.
• Secretarial Auditor: M/s PDM & Associates; no qualifications.
• Internal Auditor: Divyam Jain re-appointed for 2025-26.
• Secretarial compliance: Annual report and SS certificates filed.

CSR & ESG

• CSR policy aligned with Section 135; CSR committee in place.
• Average net profit ₹6.10 Cr; CSR liability ₹12.19 Lakhs.
• CSR spend: ₹12.50 Lakhs; administrative overhead: Nil.
• Annexure VI provides CSR details.

Outlook & risks

• Indian tyre market supported by EV uptake and infra growth.
• Risks include raw material price volatility and competition.
• Imports from China pose price competition threats.
• Geopolitical and policy fluctuations may affect demand.

Record date and AGM entitlements

• Purpose: Entitlement for 31st AGM attendance and e-voting.
• Security: Equity shares.
• Record date: 31 August 2026.
• Book closure: 1 September 2026 to 9 September 2026.
• AGM date/time: 9 September 2026 at 10:30 AM.
• Voting window: 6 September 2026 09:00 to 8 September 2026 17:00.
• E-voting via NSDL services.

AGM & book-closure details

• AGM date: 9 September 2026 at 10:30 AM at the registered office.
• Book closure for AGM: 1 September 2026 to 9 September 2026 (inclusive).
• Record date for voting: 31 August 2026.
• E-voting period: 6 September 2026 09:00 AM to 8 September 2026 05:00 PM.
• Security: equity shares.
• Event: voting via NSDL e-voting platform.

Annual report and AGM actions

• Approved Directors Report with annexure for year ended 31 March 2026.
• Fixed 31st AGM on 9 September 2026 at 10:30 AM; AGM notice approved.
• Share transfer books and member register closed 31 Aug to 9 Sep 2026.
• E-voting cut-off date fixed at 31 Aug 2026.

Board appointments and governance actions

• Re-appointed Scrutinizer: Pooja Damir Miglani.
• Re-appointed Internal Auditor: Divyam Jain for FY2026-27.
• Re-appointed Cost Auditor: Anju Pardesi for FY2026-27.
• Re-appointed Joint Managing Director and KMP: Surinder Pal Singh.
• Appointed Additional Director: Satinder Singh Kohli, Non-Executive Independent.
• Appointed Additional Director: Soni Rani, Non-Executive Independent.

Financial results and dividend

• Approved unaudited Q1 FY2026 results for quarter ended 30 Jun 2026; Limited Review by Goyal Sanjay and Associates.
• Audit Committee reviewed and taken on record the unaudited results.
• Board recommended Nil dividend for the period.
• Board meeting held on 11 August 2026.

Dematerialisation status

• Securities for dematerialisation up to 30 June 2026 were confirmed to the depositories.
• Dematerialised securities have been listed on the exchange where earlier issues are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within 15 days.

Dolfin Rubbers Ltd – Closure of Trading Window from 01st July, 2026 till completion of 48 hours (both days inclusive) after the declaration of Unaudited Financial Results by the Company for the first quarter ending 30 June 2026.