Padmanabh Industries Ltd

AGM Details

• In-person AGM held at the company's registered office.
• Remote e-voting window available; ballot voting conducted at meeting.
• Meeting duration about 30 minutes.

Ordinary Business Resolutions

• Adopted standalone financial statements and related reports.

Director Reappointment

• Director retiring by rotation offered for re-appointment.

Special Business Resolutions

• Appointment to fill casual vacancy due to resignation of prior auditor.
• Appointment of M A A K & Associates as Statutory Auditor.
• Regularization of Akash Parmar as Managing Director.

Voting and Result Update

• Combined results to be announced within two working days after meeting.

Padmanabh Industries Limited - Trading Window Closure from Oct 1, 2026 to expiry of 48 hours after the declaration of Unaudited financial results for the quarter and half year ended Sept 30, 2026

Financial highlights

• Revenue from operations for FY2025-26: ₹2,202.77 Lakhs.
• Total income: ₹2,202.77 Lakhs.
• Profit after tax: ₹23.87 Lakhs.
• Earnings per share: ₹0.39.
• Dividend for 2025-26: not declared.
• Net profit margin: 1.08%.
• Current ratio: 1.58.
• Debt-to-equity ratio: 6.17x.

Business & operations

• Single operating segment: Agri Trading.

Capital & ownership

• Equity share capital: 60.78 lakh shares.
• Face value: ₹10 per share.
• Capital reduction against losses approved; NCLT process underway.
• No change in share capital during the year.

Governance & management changes

• Akash Parmar appointed Managing Director for five years from 27 February 2026.
• Dhairya Shah resigned as MD; appointment on 23 July 2025.
• Manali Patel appointed Non-Executive Director on 23 July 2025.
• Santoshkumar Hardwari resigned as MD & CFO on 23 July 2025.

Audits & internal controls

• Statutory auditors SK Bhavsar & Co resigned on 12 Aug 2026; MA AK & Associates appointed.
• Company Secretary cum Compliance Officer appointed: Ms. Pooja Jain on 15 Apr 2026.
• Internal audit not appointed for FY2025-26; material weaknesses noted.

AGM & regulatory

• 32nd AGM slated for 30 Sep 2026 at 11:00 AM.
• Notice covers ordinary business and special business; auditors and MD appointment.
• Remote e-voting: 27-29 Sep 2026; cut-off 23 Sep 2026.

Risks & outlook

• Industry risks include working capital intensity, FX fluctuations, regulatory and interest-rate risks.
• Sector growth anticipated; strong opportunities from fabrics and rising FDIs.
• No formal risk management policy in place; audit flags internal control gaps.

AGM Details & Key Resolutions

• Date, time, mode: 30 September 2026, 11:00 AM, physical AGM at registered office.
• Record/book closure: Members' register and share transfer books closed 24-30 September 2026.
• Adopt audited standalone financial statements for year ended March 31, 2026, with Board and Auditor reports.
• Re-appoint Ms. Manali Patel, retiring by rotation.
• Appoint M A A K & Associates as Statutory Auditor to fill casual vacancy.
• Appoint M A A K & Associates as Statutory Auditor for five-year term from AGM.
• Appointment of Akash Parmar as Managing Director for five years from 27 February 2026.

Book closure details

• Book closure: 24-09-2026 to 30-09-2026 (inclusive).
• Purpose: AGM on 30 September 2026.
• Security: Equity shares.

AGM Details

• AGM scheduled Sep 30, 2026 at 11:00 AM at the registered office; physical mode.
• Register of Members and Share Transfer Books closed Sep 24–30, 2026.
• Remote e-voting window: Sep 27–29, 2026, 09:00–17:00.
• E-voting cut-off date: Sep 23, 2026.

Key Resolutions

• Statutory Auditor appointed to fill casual vacancy for FY 2026-27; five-year tenure recommended.
• Internal Auditor appointed for FY 2026-27.
• Director's Report for FY 2025-26 approved.
• Draft AGM Notice approved; AGM to be held on 32nd September 2026 at 11:00 AM.

Auditor Appointments

• Statutory Auditor: M A A K & Associates appointed for FY 2026-27.
• Internal Auditor: Kishan Patel and Associates appointed for FY 2026-27.

Statutory Auditor Resignation

• Resignation of statutory auditor M/s S K Bhavsar & Co., effective 12 Aug 2026, due to other commitments.

Meeting Details

• Board meeting scheduled for 22 July 2026 at the Registered Office.

Key Agenda Items

• Consider and approve unaudited quarterly results for quarter ended 30 June 2026, with Limited Review Report.
• Any other item with the permission of the Chair and majority of Directors.

Dematerialisation/rematerialisation status

• No dematerialisation requests were received from depository participants during the quarter.
• No physical certificates were mutilated or cancelled as there were no dematerialisation requests.
• No substitution of the depository's name in the register of members occurred during the period.

Padmanabh Industries Ltd - Trading window closed from 01 July 2026 until expiry of 48 hours after declaration of unaudited financial results for the quarter ended June 30, 2026