Filtron Engineers Ltd

AGM Details

• AGM held on 30 Sep 2026 at 13:00 via VC/OAVM.

Key Resolutions

• Adopt standalone and consolidated financial statements for year ended 31 Mar 2026.
• Re-appoint Ankit Jayesh Rawal (DIN 09548261) retiring by rotation.
• Approve related party transactions.

Voting Results

• Adoption of accounts: voting outcome not disclosed.
• Re-appointment of director: voting outcome not disclosed.
• Approval of related party transactions: voting outcome not disclosed.

Director Changes

• Director Ankit Jayesh Rawal retires by rotation and seeks re-appointment.

Material Related Party Transactions

• Related party transactions approved; counterparty details and value not disclosed.

Filtron Engineers Ltd – Trading Window Closed from Oct 01, 2026; opens 48 hours after declaration of Un-audited Financial Results for quarter and half year ended Sep 30, 2026 (Limited Review Report)

Financial highlights

• Standalone revenue for FY2025-26: ₹7,201.25 thousand.
• Standalone PAT: ₹2,077.17 thousand.
• Consolidated total income: ₹7,67,908.26 thousand.
• Consolidated PAT: ₹41,535.78 thousand.
• Standalone basic EPS: ₹0.10; Consolidated basic EPS: ₹2.06.
• No dividend declared for FY2025-26.
• GISPL acquisition completed on 17 December 2025, now a wholly owned subsidiary.
• Authorized capital raised to ₹85 crore; preferential equity and NCRPS issued.
• Issued equity 4.50 crore to promoters; 1.59 crore to non-promoters; 1.92 crore NCRPS.

GISPL subsidiary and two-vertical strategy

• GISPL turnover: ₹9,22,663.89 thousand; PAT: ₹43,646.79 thousand.
• GISPL now dominates consolidated performance, reflecting new construction vertical.
• Group reports two verticals: revival of legacy process equipment and construction via GISPL.

Capital structure and funding

• Authorized capital raised to Rs 85 crore to support GISPL growth.
• Capital raised via preferential equity and NCRPS; non-cash and cash components.
• Issued equity and NCRPS; paid-up capital now ₹82.72 crore.

Promoter and board changes, governance

• Promoter control shifted; new MDs appointed January 2026.
• Board reconstituted; Independent Directors: Tanaji Kadu and Saloni Sonkar.
• Audit, Nomination & Remuneration, and Stakeholders Relationship Committees functioning.

Related party transactions

• Material RPT: Asedha Infraprojects Pvt Ltd up to ₹30 crore; 40% of prior year turnover.
• RPT: Critech Power Pvt Ltd up to ₹7 crore.
• Leasing of property by Tarak Gor and Jayesh Rawal up to ₹0.55 crore.
• All RPTs approved by Audit Committee; disclosed; at arm's length and ordinary course.

Audit, controls and disclosures

• Standalone and consolidated audits issued with disclaimers; going concern concerns cited.
• Secretarial audit flagged a delay in Limited Review Report; rectified and reported.
• Internal Financial Controls deemed adequate but challenged by going-concern context.

Outlook and risks

• GISPL expected to contribute for a full year in FY2026-27; stronger earnings visibility.
• Growth plan hinges on infrastructure capex, data centres, and industrial construction opportunities.
• Risks include integration, sector cyclicality, input costs, and working-capital intensity.

AGM and compliance disclosures

• 44th AGM to be held on 30 September 2026 via VC/OAVM.
• Remote e-voting from 26-29 September 2026; cut-off for voting on 18 September 2026.

Book closure details

• Book closure from 26 September 2026 to 30 September 2026 (inclusive) for AGM records.
• Purpose: record members for the 44th AGM of FY ended 31 March 2026.
• Security: Equity Shares (Scrip code 531191) of Filtron Engineers Ltd.

AGM Details

• 44th AGM on 30 September 2026 at 1:00 PM via VC/OAVM.
• Deemed venue: registered office.
• Register of Members closed Sept 26–30, 2026.
• Cut-off for remote e-voting: Sept 18, 2026.
• Remote e-voting window: Sept 26–29, 2026 (9:00–17:00 IST).

Resolutions

• Adoption of financial statements for year ended March 31, 2026.
• Re-appointment of Ankit Jayesh Rawal as Non-Executive Director.
• Approval of related party transactions with listed related parties up to specified limits.

RPT Details

• Asedha Infraprojects Private Limited: Works contracts and goods/services up to Rs 30 crore.
• Critech Power Private Limited: Sale/purchase of goods and services up to Rs 7 crore.
• Jayesh Rawal and Tarak Gor: Leasing of property up to Rs 0.55 crore.
• Total approximate RPT value: Rs 37.55 crore, about 40% of FY25-26 turnover.
• Audit Committee approved RPTs; Board recommended to shareholders.

Director changes

• Re-appoint Ankit Jayesh Rawal as Non-Executive Director, retirement by rotation.

Registered office change

• Regional Director, Navi Mumbai, approved shifting of the registered office from RoC Pune to RoC Mumbai-I within Maharashtra.
• Approval followed the company's eForm INC-23 filing SRN AC5258170 dated August 11, 2026.

Financial results approved

• Standalone and consolidated unaudited results for quarter ended 30-06-2026 approved.
• Limited review report on results submitted by statutory auditors.
• Audit Committee reviewed results prior to Board approval.
• Results prepared in accordance with Ind AS.
• Consolidated results include Gabrielle Infra Speciality Private Limited.
• Board meeting held on 14 August 2026.