Gujarat Containers Ltd

AGM Details

• Date and time: 18 August 2026, 3:00 PM, via VC/OAVM.
• Record date: 12-08-2026.
• Mode: Video Conferencing / Other Audio Visual Means (VC/OAVM).

Resolutions and outcomes

• Adopt audited financial statements for year ended Mar 31, 2026; reports approved – Passed.
• Declare dividend on equity shares for FY ended Mar 31, 2026; amount undisclosed – Passed.
• Re-appoint director by rotation; eligible for re-appointment – Passed.
• Re-appoint Managing Director and fix remuneration – Passed.
• Ratify remuneration of Cost Auditor for FY ending Mar 31, 2027 – Passed.
• Appoint Secretarial Auditor to fill casual vacancy – Passed.

Dividend details

• Dividend on equity shares declared for FY ended 31 March 2026; per-share amount not disclosed.

Director changes

• Managing Director re-appointed; remuneration fixed.
• Director by rotation re-appointment approved.

Auditors

• Cost Auditor remuneration ratified for the year ending 31 March 2027.
• Secretarial Auditor appointed to fill casual vacancy.

AGM Details

• AGM held on 18 August 2026 at 03:00 PM via VC/OAVM.
• Quorum established; meeting conducted under applicable MCA/SEBI circulars.

Key Resolutions

• Adopt audited financial statements for year ended 31 March 2026.
• Declare dividend on equity shares for year ended 31 March 2026.
• Reappoint Neha Vivek Vora as director, retiring by rotation.
• Reappoint Neil Kiran Shah as Managing Director and fix remuneration.
• Ratify remuneration of Cost Auditors for year ending 31 March 2027.
• Appoint Secretarial Auditor to fill casual vacancy under Section 204.

Voting and Results

• Voting results to be announced within two working days.
• Results will be displayed at the Registered Office and on company/NSDL websites.

Financial performance

• Revenue from operations: Rs 14,596.29 Lakh; down 3.93% YoY.
• Net profit after tax: Rs 737.17 Lakh; down 10.87% YoY.
• Basic EPS: Rs 13.05; Diluted Rs 13.05.
• Cash profit: Rs 932.90 Lakh; down 8.08%.
• Finance cost: Rs 113.45 Lakh; lower than prior year.
• Net worth: Rs 5,766.22 Lakh; up from Rs 5,114.84.
• Current ratio: 4.64; debt-equity 0.07.
• Borrowings reduced to Rs 412.97 Lakh; down from Rs 2,172.13 Lakh.

Dividend & capital allocation

• Dividend recommended: Rs 1.50 per equity share for year ended 31 March 2026.
• Record date fixed: 12 August 2026.
• Pay-out by: 16 September 2026.
• Dividend subject to AGM approval; paid from profits.
• Cash outflow estimated: Rs 84.75 Lakh.
• No transfer to general reserve.

Capital structure & liquidity

• Total borrowings: Rs 412.97 Lakh; substantial reduction from previous year.
• Current ratio: 4.64; debt-equity: 0.07.
• Cash and cash equivalents: Rs 101.54 Lakh.
• Net cash from operations: Rs 1,772.12 Lakh; financing outflow: Rs -1,997.22 Lakh.
• Working capital: current assets Rs 4,468.93 Lakh; current liabilities Rs 962.19 Lakh.

Governance & board

• Neha Vivek Vora appointed Managing Director; effective 31 Oct 2025.
• Neil Kiran Shah reappointed MD & CFO for five years from 1 Apr 2026.
• Kiran Arvindlal Shah resigned as director on 31 Oct 2025.
• Independent Directors: Divyakant Zaveri, Sanjay Shah, Ashwin Shah.
• Statutory Auditor: CNK & Associates LLP; Secretarial Auditor: M/s Janki & Associates (appointed 2026).
• Board meetings held: Four in 2025-26.

Remuneration & audit

• Remuneration: Neil Shah 50.50 Lakh; Neha Vora 38.50 Lakh; no commission.
• Minimum remuneration clause included; five-year tenure for MD.
• Remuneration policy approved; no ESOPs reported.
• Secretarial Auditor appointed: M/s Janki & Associates for 2026-31.
• Internal Auditor: M/s K. R. Associates for 2026-27.
• Statutory Auditor: CNK & Associates LLP; Audit Fees Rs 3.50 Lakh; other services Rs 0.05 Lakh.

CSR & sustainability

• CSR spend: Rs 25.45 Lakh; 2% of average net profit.
• CSR Committee: Zaveri (Chair), Shah, Ashwin Shah, Neil Kiran Shah.
• CSR activities: education, rural development, healthcare; NGOs funded listed in CSR notes.
• CSR policy available on company website.

Risks & outlook

• Labour Codes impact: incremental Rs 8.06 Lakh recognized in P&L.
• Raw material price volatility; domestic sourcing to mitigate risk.
• No exports; domestic-focused single-segment business.

Operating segment

• Single reportable segment: manufacturing of steel barrels.

Other governance disclosures

• Internal controls evaluated as adequate and effective by auditors.
• Secretarial audit reports unqualified; governance certificates filed.

Financial results

• Approved unaudited quarterly results for quarter ended 30 June 2026.

Filing details

• Unaudited financial results for the quarter ended June 30, 2026 filed.
• Independent Auditor's Limited Review Report attached.
• Board meeting today from 11:00 a.m. to 12:20 p.m.
• Filed under Reg 33 and LODR Regulations, 2015.
• Issuer Gujarat Containers Ltd; Scrip code 513507.
• Date of filing: July 28, 2026.

Record date update

• Record date revised to 12/08/2026 for FY2025-26 dividend entitlement.

Secretarial Auditor changes

• Resigned: M/s Jayesh Vyas & Associates, effective 16 July 2026.
• Appointed: M/s Janki & Associates as Secretarial Auditor, 16 July 2026.
• Appointment subject to shareholders' approval at ensuing AGM.

Tax auditor appointment

• Re-appointment of M/s Shah & Bhandari as Tax Auditors for FY 2026-27.

Board report and governance

• Approval of Board’s Report for the year ended 31 March 2026.

Shareholder meeting timetable

• AGM rescheduled to 18 August 2026 via VC/OAVM.

Dividend record date

• Record date for FY 2025-26 dividend moved to 12 August 2026.

Dematerialisation status

• Dematerialisation requests processed; RTA confirmed accepted/rejected to depositories.
• Securities dematerialised listed on the stock exchanges where prior issues are listed.
• Physical certificates received for dematerialisation mutilated and cancelled; depository name substituted as registered owner within 15 days.