Excel Industries Ltd

AGM details

• Date of AGM: 24 September 2026.
• Record date: 17 September 2026 for shareholders.
• Mode: meeting conducted via Video Conferencing.
• Total shareholders on record: 22,328.

Resolutions

• Adopt standalone and consolidated financial statements (Ordinary) for year ended 31 March 2026.
• Declare final dividend (Ordinary) of Rs 13.75 per equity share.
• Appoint Hrishit A Shroff ( Ordinary) re-appointment after retirement by rotation.
• Approve remuneration to all Executive Directors (Special Resolution).
• Ratify remuneration of Cost Auditors (Ordinary Resolution).

Voting outcome

• All resolutions passed by requisite majority.

Director changes

• Director Hrishit A Shroff re-appointed after retirement by rotation.

Auditor matters

• Remuneration of Cost Auditors ratified.

Excel Industries Ltd - Closure of Trading Window from 01 October 2026 till 48 hours from the declaration of financial results for the quarter ended 30 September 2026

AGM details

• 65th AGM held on 24 September 2026 at 3:00 PM via two-way video conferencing.

Key resolutions

• Adoption of Audited Financial Statements for the year ended 31 March 2026.
• Declaration of dividend of Rs. 13.75 per share on equity shares.
• Re-appointment of Hrishit A. Shroff, retiring by rotation.
• Approval of remuneration payable to all Executive Directors.
• Ratification of remuneration of the Cost Auditors.

Voting results

• Outcomes: All resolutions deemed passed, subject to requisite majority.
• Combined results to stock exchanges and website by 25 September 2026.

Dividend

• Dividend approved/declared: Rs. 13.75 per equity share.

Director changes

• Re-appointment of Hrishit A. Shroff, retiring by rotation.

Auditors

• Remuneration of Cost Auditors ratified.

Rating achievement

• Excel Industries awarded EcoVadis Silver rating, placing in the top 15% of global assessments.

Scope and pillars

• EcoVadis evaluates 21 criteria across Environment, Labour & Human Rights, Ethics, and Sustainable Procurement.

Strategic impact

• Rating to support expansion of Excel's global footprint and contract manufacturing presence.

Frameworks and benchmarking

• EcoVadis benchmarking aligns with UN Global Compact, ILO, GRI, and TCFD standards.

Rating Action Details

• Long-term bank facilities reaffirmed at CRISIL A+/Stable.
• Short-term bank facilities reaffirmed at CRISIL A1.
• Total bank loan facilities rated increased to Rs. 200 crore from Rs. 149.5 crore.
• Rating action dated 10 September 2026.

BRSR submission

• BRSR for FY2025-26 submitted under Regulation 34(2)(f) of SEBI LODR to BSE/NSE; forms part of annual report.
• BRSR is available on the company's website.

Key highlights

• Revenue from operations rose to ₹1,094.25 crore.
• PAT stood at ₹73.40 crore.
• EBITDA margin 10.1%.
• PAT margin 6.7%.
• Net revenues grew 11.8% YoY.
• Exports grew 26%.
• Zero long-term debt; net cash position.
• Dividend per equity share ₹13.75.
• AGM: 24 Sep 2026 via VC/OAVM; record date 17 Sep 2026.
• Undrawn WC facilities ₹8,740.88 lakh.