Dynamic Microsteppers Ltd

Dynamic Microsteppers Limited: Trading window closed from October 01, 2026 and till 48 hours after the submission of the un-audited financial results of the quarter and half year ended September 30, 2026 are communicated to the stock exchange

AGM Details

• AGM date/time/mode: Sept 30, 2026 at 1:00 PM via VC/OAVM; concluded 1:08 PM IST.
• Remote e-voting window: Sept 27–29, 2026, 09:00 AM to 05:00 PM IST.
• e-voting remained open at AGM for members not voting remotely.

Resolutions

• Resolution 1 (Ordinary): Adopt audited financial statements; results to be communicated within 2 days.
• Resolution 2: Re-appoint director retiring by rotation (Chetas Ashwin Shah).
• Resolution 3: Regularize appointment of Ms. Preetraj Gulati as Non-Executive Independent Director.

AGM Details

• AGM date/time: 30 September 2026 at 1:00 PM IST, via VC/OAVM.
• Book closure: 24 September 2026 to 30 September 2026.
• Remote e-voting window: 27 September 2026, 9:00 AM to 29 September 2026, 5:00 PM.
• Cut-off date for eligibility: 23 September 2026.

Resolutions to be voted

• Ordinary resolution: adopt audited financial statements for the year ended 31 March 2026.
• Ordinary resolution: reappoint director retiring by rotation.
• Ordinary resolution: regularize appointment of Ms. Preetraj Gulati as Independent Director for five years.

Voting status

• Voting results not available; AGM yet to be held.
• No voting margins or opposition disclosed in filing.

Director changes

• Chetas Ashwin Shah retires by rotation; eligible for reappointment.
• Ms. Preetraj Gulati appointed as Independent Director for five years from July 6, 2026.

Financial snapshot

• Net loss for year ended 31 Mar 2026: 26,902 (₹ in 00).
• Prior year loss was 16,449.
• No revenue reported; total expenses: 26,902.
• Earnings per share: basic and diluted at -0.78.
• Dividend not proposed due to accumulated losses.
• Net worth negative: -1,59,481; total assets: 38,206.

Balance sheet highlights

• Share capital: 3,44,880; total equity: -1,59,481.
• Borrowings: 1,80,212; current liabilities: 17,474.
• Total assets: 38,206.
• Property, plant and equipment: 37,161.

Cash flow and liquidity

• Net cash from operations: outflow 16,413.
• Net cash from financing: inflow 17,079.
• Net change in cash: 666; closing cash: 1,018.

Operations and outlook

• Company did not carry out any business activities in 2025-26.
• Plans to revive operations and revamp the business.
• Infrastructure sector is reviving; inflation may affect next year.
• Risk management framework being formed.

Governance and board changes

• Ms. Preetraj Gulati appointed independent director on 6 July 2026.
• Mr. Chetas Ashwin Shah to retire by rotation; eligible for reappointment.
• Jasmeet Kaur Saluja appointed Company Secretary on 1 Aug 2025.
• Ms. Geeta Pandurang Sawant Independent Director retired 30 July 2026.
• Board meetings: five; Audit Committee four; Nomination & Remuneration Committee two.
• Stakeholders Relationship Committee met eight times.

Audit and compliance

• Auditors: SSRV & Associates; Secretarial: Harsh Hiren Shah & Associates.
• Secretarial report notes regional exchanges listing fees unpaid.
• Promoters' dematerialisation status pending; website non-operational earlier; now restored.
• Internal controls are adequate; no material weaknesses reported.
• Remuneration to directors: none; CSR not applicable.

Related party transactions and debt

• Loans from related parties: net movement 17,079.
• Balances outstanding: 1,80,212 as of 31-03-2026.
• Related parties include Sawant, Talpade, and Shah families.

AGM and investor communications

• 41st AGM scheduled Sept 30, 2026; VC/OAVM.
• Remote e-voting from Sept 27-29, 2026.
• AR 2025-26 and AGM notice to be provided electronically.

Board action

• Board approved unaudited standalone results for the quarter ended 30.06.2026.

Financial snapshot

• Profit for the quarter ended 30.06.2026: ₹(8,66,691).
• Profit for the year ended 31.03.2026: ₹(26,90,165).
• Basic EPS: ₹(0.25); Diluted EPS: ₹(0.25) for the quarter.
• Total expenses: ₹8,66,691 for the quarter.
• Total expenses for the year ended 31.03.2026: ₹26,90,165.
• Paid-up equity share capital: ₹3,44,88,000.

Notes and disclosures

• Ind AS adopted from 1 April 2017; results prepared under IND AS-34.

Meeting Details

• Date of meeting: August 13, 2026.
• Time and venue: not disclosed.

Key Agenda Items

• Consider and approve unaudited quarterly financial results for quarter ended June 30, 2026, with limited review report.
• Discuss such other matters of the company to be considered.

Other Notes

• Trading window closure period is not specified.

Cessation of Independent Director

• Ms. Geeta Pandurang Sawant ceased as Non-Executive Independent Director on completion of tenure, effective 30 July 2026.

Dematerialisation processing and listing status

• Dematerialisation requests for quarter ended 30 June 2026 were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the existing securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner within prescribed timelines.

Appointment of Additional Director

• Ms. Preetraj Gulati appointed as Non-Executive Independent Director (Additional) effective 06-Jul-2026 for 5 years, subject to shareholder approval.
• Reason: Appointment as Additional Director per Nomination and Remuneration Committee recommendation.
• Profile: Commerce graduate, M.Com, B.Ed from Devi Ahilya Vishwavidyalaya; extensive teaching experience.
• Relationship: Not related to any other Director.
• Not debarred from holding office of Director by SEBI or other authorities.
• Appointment shall not be liable to retire by rotation.