Innovative Tech Pack Ltd

Secretarial auditor appointment

• Appointment of Neeraj Bajaj & Associates as Secretarial Auditor for five years, effective from AGM conclusion.
• Firm profile: Neeraj Bajaj & Associates, CS firm with 16 years' experience in audit and compliance.

AGM Details

• AGM held 30 September 2026 at 9:00 a.m. physical meeting in Sohna, Haryana.
• e-voting window was open from 27 September to 29 September 2026.

Key Resolutions

• Adoption of audited financial statements for the year ended 31 March 2026 with Board and Auditors' reports.
• Re-appointment by rotation of Mrs. Pratibha Rao Ketineni (DIN 06955087).
• Appointment of M/s Neeraj Bajaj & Associates as Secretarial Auditor.

Innovative Tech Pack Ltd: Trading Window closed from 1 October 2026 until 48 hours after the declaration of un-audited Financial Results for the quarter and half year ended 30 September 2026.

Closure and e-voting for AGM

• Register of Members and share transfer books closed 24 September 2026 to 30 September 2026.
• E-voting window opens 27 September 2026 at 09:00 and closes 29 September 2026 at 17:00.
• Vote eligibility cut-off date: 23 September 2026.

Financial performance

• Total income for FY2025-26: ₹12,817.02 Lakhs; revenue from operations ₹12,711.78 Lakhs.
• Profit after tax: ₹186.74 Lakhs; EPS: ₹0.83 per share.
• Cash flow from operations: ₹1,212.28 Lakhs; year-end cash: ₹19.82 Lakhs.
• Dividend not declared for FY2025-26.
• Capex additions to PPE: ₹139.92 Lakhs.
• Equity capital on 31-03-2026: ₹224.65 Lakhs; no new equity issued.
• Total borrowings end-year: ₹1,987.31 Lakhs; secured ₹642.65; unsecured ₹1,344.66.
• Debt-to-equity ratio: 0.53; current ratio: 1.37.
• Inventory turnover: 3.69; trade receivable turnover: 7.20.
• Share dematerialisation: 92.31% of paid-up capital.
• ROE: 5% for FY2025-26.

Capital structure & liquidity

• Total indebtedness: ₹1,987.31 Lakhs; secured ₹642.65; unsecured ₹1,344.66.
• Working capital facilities secured; directors provide personal guarantees.
• Gearing improved from 0.73 to 0.53 year-on-year.
• Share dematerialisation remains high at 92.31%.

Operations & markets

• Three plants at Rudrapur, Baddi, Guwahati; upcoming facility on eastern coast.
• Major customers include Dabur, Heinz, Wipro, Patanjali, Godrej, Emami.
• ISO 22000, SEDEX; pursuing BRC certification.
• About 40 machines; R&D and innovation center.
• Growth driven by PET packaging demand in India.

Governance & risk

• Board comprises six directors; three independent; Ketineni Satish Rao is Managing Director.
• Audit Committee: three independent directors; five meetings this year.
• Secretarial Auditor appointed: Neeraj Bajaj & Associates; five-year term proposed.
• Whistle Blower policy on company website; related party policy published.
• Independent directors meet criteria of independence under law.

Audit & controls

• Independent Auditor notes inadequate internal financial controls; ICFR not effective as of 31-03-2025.
• GST input vs GSTR-3B mismatch; mitigation planned in current year.
• Debtor Maharashtra Bio Fertilizers case written off after partial recovery attempts.
• Internal audit not formally appointed; note cites absence of audit report for 2025-26.
• Contingent liabilities recorded at ₹387.55 Lakhs as at 31-03-2026.

Shareholder information & AGM

• Promoters hold 74.36% equity; Ketineni Satish Rao 71.26%; Sayaji Rao 2.67%; Pratibha Rao Ketineni 0.44%.
• 37th AGM scheduled for 30 September 2026; includes ordinary and special business.
• Shareholders’ rights: 92.31% of shares dematerialised; Beetal is RTA for transfers.

Outlook & strategy

• Outlook: PET packaging demand in India supports growth; margins may face pressure from competition.
• Strategy: cost competitiveness, debt reduction, working capital optimization, better product mix.

AGM Details

• Date and time: 30 September 2026 at 09:00 A.M., physical meeting.
• Venue: Plot No. 51, Roz-Ka-Meo, Sohna, Haryana 122103.
• Mode: physical meeting with remote e-voting facility.
• Record/book closure: Sep 24–30, 2026 (inclusive).

Key Resolutions

• Ordinary Business: Adopt audited financial statements for FY ending 31 March 2026.
• Ordinary Business: Reappoint Pratibha Rao Ketineni by rotation.
• Special Business: Appoint M/s Neeraj Bajaj & Associates as Secretarial Auditor for 5 years.
• Special Business: Board to determine remuneration and may engage additional services.

Directors

• Director: Pratibha Rao Ketineni to be reappointed by rotation.

Auditors

• Secretarial Auditor appointment: M/s Neeraj Bajaj & Associates for 5 years.
• Remuneration: Board to determine remuneration.

Auditor appointments

• Appointed Neeraj Bajaj & Associates as Secretarial Auditor for FY2026-27 to FY2030-31, subject to AGM approval.
• Appointed Mr. Raghubeer Singh as Internal Auditor for FY2026-27.
• Resignation of the prior Secretarial Auditor noted.

AGM notices and governance disclosures

• Notice for the 37th AGM approved for Sep 30, 2026 at 9:00 AM.
• Board approved the Board Report for FY2025-26.
• Register of Members and Transfer Books to close Sep 24–30, 2026.
• Cut-off date for AGM fixed Sep 23, 2026.
• Vipin Chauhan appointed Scrutinizer for AGM voting.
• Secretarial Audit Report for FY2025-26 noted.

Meeting Details

• Date, time, and location not disclosed in the filing excerpt.

Key Agenda Items

• No agenda items disclosed in the provided excerpt.

Other Notes

• No material governance or financial actions disclosed in the excerpt.

Secretarial Auditor Resignation

• Resignation of Mr. Lalit Sharma as Secretarial Auditor of Innovative Tech Pack Ltd.
• Effective 20 August 2026, the resignation takes immediate effect.
• Reason cited: pre-occupation and engagement in other assignments.
• There are no other material reasons for resignation.
• Profile: Lalit Sharma is Proprietor of M/s Lalit Sharma and Associates and a Practising Company Secretary.
• There are no relationships with other directors.
• Annexure I is attached per SEBI Listing Regulations.