Olympia Industries Ltd

Olympia Industries Limited — Closure of Trading Window from Oct 01, 2026 up to the expiry of 48 hours post the date of declaration of the Unaudited Financial Results for the quarter and half year ended Sep 30, 2026

Independent Director Cessation

• Cessation: Kamlesh Ramanlal Shah ceased as Independent Director on 16 September 2026 upon completion of his five-year term.
• Reason: completion of tenure.
• Effective date: 16 September 2026.
• Designation: Independent Director.

AGM Details

• AGM held on Sep 9, 2026 at 11:30 IST via VC/OAVM
• Meeting duration: 11:30–12:08 IST
• E-voting cutoff: Sep 2, 2026
• Shareholders on cutoff: 15,762
• Attendance via VC/OAVM: Promoter Group 8, Public 45

Resolutions and outcomes

• Resolution 1: Adoption of Audited Financial Statements; Ordinary, passed with near-unanimous assent
• Resolution 2: Re-appointment by rotation of Bhushan Patil; Ordinary, passed
• Resolution 3: Vishal Rajgarhia appointed as Non-Executive Independent Director; Special, passed
• Resolution 4: Remuneration increase for Anurag Pansari (related party); Ordinary, passed; related party abstained
• Resolution 5: Material Related Party Transactions with Tirupati Biz Link LLP; Ordinary, passed; promoters did not vote

Dividend

• No dividend proposed or declared

Director changes

• Bhushan Patil to retire by rotation and be re-appointed
• Vishal Rajgarhia appointed as Non-Executive Independent Director

Auditors

• No auditor changes announced

Appointment of Non-Executive Independent Director

• Appointment of Vishal Rajgarhia as Non-Executive Independent Director for 5 years (Sept 9, 2026–Sept 8, 2031).
• Profile: Chartered Accountant with manufacturing and risk management experience.
• Not related to any Company Director.
• Not debarred from holding director office.

AGM details

• Date, time, and mode: 9 Sep 2026 at 11:30 IST, VC/OAVM.
• Deemed venue: Registered Office.
• Remote e-voting available Sep 6–8, 2026; 15-minute on-site voting window.

Ordinary business resolutions

• Adopt Audited Financial Statements for the year ended March 31, 2026.
• Director retiring by rotation eligible for re-appointment.
• Approve remuneration increase for a related party executive.

Special business resolutions

• Appoint independent director as Non-Executive Independent Director.

Related party transactions

• Approve material related party transaction with counterparty.

Voting status

• Voting results to be filed separately; not disclosed here.
• Remote e-voting conducted prior to and during AGM.

Director changes

• New independent director appointed.
• Director retiring by rotation; re-appointment proposed.

Auditors

• No change in statutory or secretarial auditors announced.

AGM Details

• Date/time: 9 Sep 2026, 11:30 IST.
• Mode: Video Conferencing / Other Audio Visual Means (VC/OAVM).
• Remote e-voting cut-off: 2 Sep 2026.
• Electronic voting window: 6–8 Sep 2026.

Resolutions Put to Vote

• Adopt Audited Financial Statements for FY 2025-26.
• Re-appoint Bhushan Patil by rotation as director.
• Appoint Vishal Rajgarhia as Non-Executive Independent Director for five years.
• Increase remuneration of Anurag Pansari to Rs 3.85 lakh per month.
• Approve related party transactions with Tirupati Biz Link LLP up to Rs 60.36 crore for 2026-27.

Voting Results

• Voting results not provided in this chunk.

Dividend

• No dividend proposed or declared.

Director Changes

• Bhushan Patil to be re-appointed by rotation.
• Vishal Rajgarhia to be appointed Independent Director for five years from Sept 9, 2026.

Auditor Appointments

• Statutory auditors M/s RA Kuvadia & Co appointed for five years to 2027; remuneration Rs 3 lakh.

Material Related Party Transactions

• Tirupati Biz Link LLP as related party; aggregate value up to Rs 60.36 crore for Oct 1, 2026–Sept 30, 2027.
• Counterparty details: Tirupati Biz Link LLP; transactions include purchases, sales, services, and rent.

Financial highlights

• Unaudited Q1 FY27 results for quarter ended June 30, 2026 approved by Board on Aug 7, 2026.
• Basic EPS 1.03; Diluted EPS 0.69 for the quarter.
• Paid-up equity share capital Rs 60,236 lakhs; reserves Rs 3,929.88 lakhs.
• Single primary segment: Trading of Goods and Services; segment reporting not applicable.
• Limited Review conducted by R. A. Kuvadia & Co.; audit opinion not issued.
• Note: Q3 FY26 figures are balancing figures between audited full year and Q3 Dec 31, 2025.

Unaudited results

• Approved unaudited quarterly results for quarter ended June 30, 2026 with Limited Review Report.

AGM and voting timeline

• 37th AGM on Sept 9, 2026 via video conferencing.
• E-voting from Sept 6 to Sept 8, 2026; cut-off Sept 2, 2026.
• Annual Report for 2025-26 and AGM notice to be intimated separately.

Director appointment

• Recommend appointment of Vishal Rajgarhia as Non-Executive Independent Director, effective Sept 9, 2026.