Dutron Polymers Ltd

Dutron Polymers Ltd-$ trading-window closure notice

• No AGM details extractable from the submitted pages.

AGM Details

• Date and time: 18 September 2026 at 11:30 IST; mode: VC/OAVM.

Key Resolutions

• Ordinary: Adoption of standalone financials and reports for year ended 31 March 2026.
• Ordinary: Final dividend of Rs 1.50 per equity share.
• Ordinary: Re-appointment of director retiring by rotation (Rasesh Patel).
• Special: Ratification of cost auditors' remuneration for FY 2026-27.

Dividend

• Final dividend of Rs 1.50 per equity share declared.

Director Changes

• Rasesh Patel to be re-appointed as director after retirement by rotation.

Auditor Remuneration

• Remuneration of cost auditors ratified for FY 2026-27.

Voting Results

• Voting results not disclosed in the provided text.

Financial performance

• Revenue from operations: ₹9,190.82 lakh in FY2025-26.
• Total revenue: ₹9,250.62 lakh.
• PAT for equity shareholders: ₹248.94 lakh; EPS: ₹4.15.
• Profit before tax: ₹350.89 lakh.
• Dividend proposed: ₹1.50 per share.
• AGM scheduled for 18 Sep 2026 via VC/OAVM.
• Share capital remains ₹6 crore (60 lakh shares).

Dividend & capital allocation

• Final dividend of ₹1.50 per share proposed; total ₹90 lakh.
• AGM via VC/OAVM on 18 September 2026.
• Equity share capital unchanged at ₹6 crore.

Capital structure & liquidity

• Total borrowings ₹359.59 lakh; non-current ₹302.44 lakh, current ₹57.15 lakh.
• Debt-to-equity ratio: 11.70%.
• Current ratio: 5.12.
• Total equity ₹3095.33 lakh; total assets ₹4171.49 lakh.

Operations & segments

• PVC & CPVC pipes sales growth; HDPE pipes subdued by public projects.
• Closing inventories: Finished goods ₹998.00 lakh; total ₹1837.02 lakh.
• Outlook: revenue growth expected in FY2026-27.

Governance & risk management

• Board consists of six members; mix of executive, non-executive, independent; one woman director.
• Audit, Nomination & Remuneration, and Stakeholders Committees in place.
• Penalties by BSE for LODR lapses; some issues resolved.
• Whistleblower policy in place; no complaints during the year.
• Related party transactions disclosed; generally arm's length; no material RPTs.

Regulatory & audit

• Ongoing NCLT proceedings and SEBI inquiries; matters sub judice.
• Secretarial audit penalties; annual compliance report noted as clean.
• Auditors: Krutsesh Patel & Associates; Secretarial Auditor: Jolly Krutesh Patel.

Outlook & risks

• Outlook: FY2026-27 expecting revenue growth.
• Risks: crude price volatility; currency movements; regulatory costs; anti-dumping pressures.

Book closure details

• Record Date: Friday, 11 September 2026, for voting eligibility and dividend entitlement.
• Book Closure Period: 12 September 2026 to 18 September 2026, inclusive.
• Purpose: 45th AGM and dividend entitlement.
• Security: Equity shares, Scrip Code 517437, face value Rs 10.
• Proposed Dividend: Rs 1.50 per share.
• Dividend entitlement is subject to AGM declaration.

AGM details

• AGM date and time: 18 September 2026 at 11:30 a.m. IST.
• Mode: VC/OAVM.
• Record date: 11 September 2026 for voting and dividend entitlement if declared.

Key approvals

• Approved unaudited standalone quarterly results for the quarter ended 30 June 2026.
• Approved draft AGM notice for 45th AGM on 18 Sep 2026 at 11:30 AM via VC/OAVM.
• Approved Draft Directors' Report with annexures, including Corporate Governance Report and MD&A.
• Record date fixed at 11 September 2026.
• Book closure from 12 to 18 September 2026.
• Appointed Mrs. Jolly Krutesh Patel, PCS, as Scrutinizer for AGM.
• Noted Annual Secretarial Compliance Report dated 19 May 2026 for FY 2025-26.
• Noted resolution passed by circulation dated 16 June 2026.
• Noted compliance disclosures for quarter ended 31 March 2026.
• Enclosed Limited Review Report on unaudited results for quarter ended 30 June 2026.
• Results will be published in newspapers as per SEBI LODR.
• Approved other business matters circulated with the Board Notice.

Meeting Details

• Date: 12 August 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone quarterly financial results for the quarter ended 30 June 2026.
• Draft Notice of the 45th AGM of the Company.
• Draft Directors Report with Annexures, Corporate Governance Report, and Management Discussion and Analysis Report for AGM.
• Appointment of Scrutinizer to oversee AGM voting process.
• Annual Secretarial Compliance Report for FY 2025-26 dated 19 May 2026.
• Consider and approve the resolution passed by circulation dated 16 June 2026.