International Conveyors Ltd

Dates and purpose

• Record date fixed: Thursday, September 17, 2026 for dividend and AGM eligibility.
• Book closure: Sep 18–24, 2026 for entitlement at exchanges.
• Purpose: final dividend for FY2025-26 if approved at AGM.
• Record date also enables remote e-voting.

Re-appointment of Independent Director

• Change type: Re-appointment of Independent Director.
• Appointed: Shri Sunit Mehra, Non-Executive Independent Director.
• Effective: September 25, 2026 to September 24, 2031.
• Reason: Re-appointment upon expiry of current term; subject to AGM approval.
• Profile: governance expert; founder of Third Sector Partners; chairs United Way of India.
• Relationships: None with other directors.
• Not debarred/disqualified by SEBI or MCA.

Promoter reclassification

• Promoters Ms. Smiti Somany and Ms. Pushpa Bagla seek reclassification from Promoter to Public.
• Board noted they are not directly or indirectly associated with the business or policy decisions.
• They do not hold more than 10% voting rights and do not exercise control.
• They are not represented on the board nor hold key managerial personnel roles.
• Reclassification to Public to be subject to Regulation 31A compliance and any required shareholder approvals.
• Board stated there is no impact on operations, governance, or shareholders.
• Deliberation date: August 14, 2026.

Promoter-to-public reclassification

• Promoters Pushpa Bagla and Smiti Somany requested reclassification from Promoter to Public.
• Requests dated August 14, 2026 were placed before the Board for consideration.
• Shareholdings disclosed: Bagla 31,359 shares (0.05%) and Somany 790,000 shares (1.24%).
• Applicants state no direct/indirect association with business or day-to-day control.
• Promoters affirmed they meet Regulation 31A(3)(b) eligibility and will retain compliance.
• Board considered the requests at the August 14, 2026 meeting.
• No pending regulatory action against the promoters.
• Process contingent on Stock Exchange approvals; status not completed.

Audit review highlights

• Independent auditor's review of standalone results for quarter ended 30 June 2026 completed.
• Conclusion: no material misstatement; disclosures comply with Ind AS 34 and Reg 33 of Listing Regulations.
• Consolidated results include four subsidiaries; two have unaudited interim results.
• Interim results show total revenues Rs 112.47 lakhs and loss after tax Rs 6.51 lakhs.
• Unaudited interim results are not material to the Group; conclusion not modified.

Financial results overview

• Standalone revenue from operations: 3,780 Lakhs.
• Standalone PAT after tax: 12,022 Lakhs; Basic EPS: 18.85; Diluted: 18.80.
• Standalone other income: 14,697 Lakhs; Total income: 18,477 Lakhs.
• Standalone segment revenue: Conveyor Belts 3,549; Wind Energy 59; Trading Goods 168.
• Consolidated revenue from operations: 3,532 Lakhs; Consolidated PAT after tax: 11,982 Lakhs; EPS: 18.79/18.73.
• Total comprehensive income standalone: 12,407 Lakhs; consolidated: 12,367 Lakhs.

Meeting Details

• Date: August 14, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated results for quarter ended June 30, 2026, with Limited Review Report.

Other Notes

• Trading window remains closed and will reopen 48 hours after the financial results declaration.

Encumbrance creation on promoter shares

• Creation of encumbrance on promoter shares of International Conveyors Ltd, July 11, 2026.
• Promoter holders encumbered: IGE (India) Private Limited, Surbhit Dabriwala, Yamini Dabriwala, Amaranth Daksha Private Limited, RCA Limited.
• Total promoter holding: 4,47,93,517 shares (70.23%).
• Post-event encumbered shares: 4,07,73,335 shares (63.93%).
• Encumbrance type: Other (per facility and guarantee covenants).
• End use: part-financing acquisition of Elpro International Limited shares.
• Lender/security trustee: Kotak Mahindra Bank Limited and CTL Trusteeship Limited.
• Value of encumbered shares: INR 3,27,45,06,533.85; loan facility: INR 4,98,00,00,000.
• Share encumbrance percentage: 91.03% of promoter holdings.
• Date of creation: July 11, 2026; Security Trustee: CTL Trusteeship Limited.