Panama Petrochem Ltd

Panama Petrochem Limited: Trading Window closed from October 01, 2026 until 48 hours after the declaration of Financial Results for the quarter/half year ending September 30, 2026

AGM details

• AGM date: 24 August 2026; mode: Video Conferencing.
• Total shareholders on record date: 30,711.
• VC attendees: Promoters 57, Public 18.
• Attendance via VC: 75 shareholders.
• No physical attendance; meeting conducted via video conference.

Resolutions & outcomes

• Resolution 1 adopted the Audited Financial Statements; 11 votes against.
• Resolution 2 declared dividend on equity shares; passed.
• Resolution 3 re-appointment of Arif Rayani; passed.
• Resolution 4 ratified remuneration to Cost Auditors; passed.

AGM Details

• AGM held on 24 August 2026 via video conferencing.

Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Declare dividend on equity shares for year ended 31 March 2026.
• Resolution 3 (Ordinary): Re-appoint Arif Rayani as director by rotation.
• Resolution 4 (Ordinary): Ratify remuneration payable to Cost Auditors for FY 2026-27.

Voting outcomes

• Resolution 1 passed; 99.94% in favour.
• Resolution 2 passed; 11 votes against.
• Resolution 3 passed; 99.94% in favour.
• Resolution 4 passed; overwhelming support.

Director changes

• Arif Rayani retires by rotation and is reappointed.

Auditor matters

• Cost Auditor remuneration ratified for FY 2026-27.

AGM Details

• AGM held on August 24, 2026 at 11:30 IST via Video Conferencing.
• No physical attendance; proxies not required except corporate authorized representatives.

Key Resolutions & Outcomes

• Adopt Audited Financial Statements and Consolidated Statements for year ended March 31, 2026; passed with requisite majority.
• Declare dividend on equity shares for year ended March 31, 2026; passed with requisite majority.
• Appoint Arif Rayani on rotation; eligible for re-appointment; passed with requisite majority.
• Ratify remuneration payable to Cost Auditors for FY 2026-27; passed with requisite majority.

Audit Reports

• Statutory Auditor's Report and Secretarial Audit Report for FY 2025-26 were unqualified.

Director Changes

• Arif Rayani retires by rotation; re-appointment approved.

Financial results approved

• Approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
• Results reviewed by Audit Committee; Board approved on 12 August 2026; Limited Review Report enclosed.
• Consolidated results include Panol Industries RMC, FZE subsidiary.
• Prepared under Ind AS 34; Regulation 33 of SEBI LODR complied.
• Limited review found no material misstatement.

Quarter results overview

• Board approves unaudited Q1 FY27 standalone and consolidated results for quarter ended 30 June 2026.
• Consolidated revenue from operations Rs 1,735.15 crore; total revenue Rs 1,739.03 crore.
• Consolidated PBT Rs 382.58 crore; PAT Rs 308.91 crore; EPS Rs 51.06.
• Standalone revenue from operations Rs 1,247.86 crore; total income Rs 1,252.08 crore.
• Standalone PBT Rs 291.19 crore; PAT Rs 217.52 crore; EPS Rs 35.95.
• Company operates a single primary segment: Specialty petroleum products.
• Audit Committee reviewed results; Board approved on 12 August 2026.
• Independent auditor's review found no material misstatement.

Meeting Details

• Board meeting scheduled for August 12, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve standalone and consolidated unaudited financial results for quarter ended June 30, 2026.

Other Notes

• No trading window details disclosed.

AGM notice and e-voting ad

• Newspaper advertisement published July 29, 2026 for AGM notice and e-voting information in English and Gujarati.

AGM notice & e-voting publication

• Newspaper advertisement published for Panama Petrochem Limited's AGM and e-voting information.
• Notice published in English and Gujarati newspapers on July 29, 2026.
• Copies of the newspaper advertisement enclosed for the company's records.
• No material governance changes or financial implications disclosed.