Jagan Lamps Ltd

Proposal and approval

• AGM approved re-appointment of Mrs. Shweta Nathani as Independent Director for five years.
• Effective from May 3, 2026, following Board recommendation on Aug 12, 2026.

Key terms and governance

• Independent Director re-appointed for five years; no change in board composition.
• Commerce graduate with 10+ years in financial and international business.

Remuneration and shareholding

• Sitting fees to be paid as board-approved, within Companies Act limits.
• Shareholding in the company: Nil as of 31.03.2026.

Appointment details

• Date of first appointment: 03 May 2021.
• Board meetings attended in 2024-25: five.

Compliance and disclosures

• Appointee not debarred by SEBI or other authorities.

AGM details

• AGM held on 30-09-2026 at 10:00 IST, physical at registered office.
• Remote e-voting facility available from 27-09-2026 9:00 AM to 29-09-2026 5:00 PM.
• Scrutinizer appointed for e-voting and polling: Ms Mehak Gupta, CS.
• All business transacted and passed with requisite majority.
• Record date: 23-09-2026; on record shareholders: 7402.

Resolutions

• Resolution 1 (Ord): Adopt audited financial statements for year ended 31 March 2026.
• Resolution 2 (Ord): Re-appoint Mr. Raghav Agarwal as Director liable to retire by rotation.
• Resolution 3 (Special): Re-appoint Mrs. Shweta Nath as Independent Director.

Voting results

• All three resolutions passed with requisite majority.
• No invalid votes recorded.

Dividend

• No dividend proposed or declared.

Directors

• Re-appointment by rotation of Mr. Raghav Agarwal as Director.
• Re-appointment of Mrs. Shweta Nath as Independent Director.

Auditors

• No auditor appointments or changes disclosed.

Material related party transactions

• No material related party transactions disclosed.

Other material approvals

• No other material approvals reported.

AGM Details

• Date: September 30, 2026; Time: 10:00–10:28 IST; Mode: Physical.
• Venue: Registered Office, Kundli, Sonipat, Haryana.
• Record date for quorum: September 23, 2026.
• Remote e-voting: 27–29 September 2026; ballot at meeting; no show-of-hands.

Resolutions Placed for Vote

• Ordinary: Adoption of Audited Financial Statements for FY ended March 31, 2026.
• Ordinary: Appointment of Raghav Aggarwal as Director liable to retire by rotation.
• Special: Re-appointment of Shweta Nathani as Independent Director.

Voting Status

• Consolidated voting results to be announced within two working days.

Director Changes

• Directors appointed/re-appointed: Raghav Aggarwal (retire by rotation); Shweta Nathani (Independent Director).

Auditors / Scrutinizer

• Scrutinizer appointed for voting; no auditor appointment changes disclosed.

Jagan Lamps Limited — Trading Window closed from 01 October 2026 until 48 hours after the declaration of the unaudited financial results for the quarter and half year ended September 30, 2026

Financial highlights

• Revenue from operations: Rs 4,204.01 Lacs (FY25-26).
• Previous year revenue: Rs 4,979.72 Lacs.
• PBT: Rs 258.01 Lacs.
• PAT: Rs 191.62 Lacs.
• EPS: Rs 2.62 per share.
• Revenue declined 15.57% YoY.
• Dividend: not declared.
• General Reserve transfer: Rs 191.62 Lacs.
• Paid-up capital: Rs 7.2952 Cr.
• Authorized capital: Rs 9 Cr.
• Subsidiaries: none.
• Board strength: six directors.

Operations & segment

• Single segment: Automotive bulbs and lights.
• FY25-26 revenue down 15.57% YoY.
• Export earnings: Rs 1,474.44 Lakhs.
• Imported material share: 20.48% in 2025-26.
• Net foreign currency exposure: Rs 558.01 Lacs.

Capital & liquidity

• Borrowings: Rs 407.89 Lacs (current).
• Current ratio: 2.54x.
• Debt-equity ratio: 0.12x.
• Trade payables: Rs 843.56 Lacs.
• Cash and cash equivalents: Rs 3.49 Lacs.
• Total equity: Rs 3,520.56 Lacs.
• Net cash from operations: Rs 589.53 Lacs.

Dividend & capital allocation

• Dividend: not declared for FY25-26.
• General Reserve transfer: Rs 191.62 Lacs.
• Share capital remains Rs 7.2952 Cr; no fresh equity.

Governance & board

• Independent director Shweta Nathani reappointed for second term (2026-2031).
• Hemant Mangla resigned; Ashwani Mangla appointed 05-09-2025.
• Five board meetings held in FY2025-26.
• Statutory auditors: M/s KASG & Co. reappointed for five years.
• Secretarial auditor: Mehak Gupta & Associates.

Audits & compliance

• BSE penalty: Rs 85.22 Lacs; partial waiver granted; payment completed.
• Secretarial audit: Annexure I submitted.
• Auditors’ report: no fraud; clean report; going concern affirmed.

Related party transactions

• Related party: Jagan Automotives Pvt Ltd; purchases Rs 58.11 Lacs; sales Rs 198 Lacs.
• Remuneration to MD: Rs 32.70 Lacs; CFO salary: Rs 7.20 Lacs.
• Rent paid to promoter: Rs 39.95 Lacs.

Shareholding & capital

• Promoters hold 45.85% (Ashish Aggarwal: 33,47,028 shares).
• Dematerialization: 88.33% of shares in demat form.
• Total issued share capital: Rs 7.2952 Cr; promoter holdings detailed.

AGM Details

• 34th AGM scheduled for 30 September 2026 at 10:00 AM IST at registered office, physical meeting
• Record/e-voting cut-off date: 23 September 2026
• Remote e-voting window: 27 September 2026 to 29 September 2026

Key Resolutions

• Adoption of Audited Financial Statements for FY 2025-26
• Re-appointment of Mr. Raghav Aggarwal as Director liable to retire by rotation
• Re-appointment of Mrs. Shweta Nathani as Independent Director for a second five-year term

Director Changes

• Mr. Raghav Aggarwal to be reappointed as Director, retiring by rotation
• Mrs. Shweta Nathani reappointed as Independent Director for five years (May 3, 2026–May 2, 2031)

Financial highlights

• Revenue for Q1 FY2026-27 was ₹1301.12 lakh, up 43.1% YoY.
• EBITDA rose to ₹189.5 lakh from ₹106.08 lakh, up 78.6%.
• EBITDA margin improved to 14.56% from 11.70%.
• EPS rose to ₹1.45 per share from ₹0.51.

Overall performance

• Overall performance improved with growth in revenue, EBITDA and EPS versus the prior year's quarter.

Regulation 32 non-applicability

• Regulation 32 not applicable; no share issues and no funds raised in the quarter.