Paramount Cosmetics India Ltd

AGM Details

• Date & time: 30 September 2026, 11:00 IST.
• Mode: VC/OAVM-enabled AGM.
• Remote e-voting window: 27 Sep 2026, 09:00 to 29 Sep 2026, 17:00 IST.
• Voting during AGM open until 30 minutes after conclusion.
• Attendance: 41 members, 1 Authorized Representative, total shares 1,065,150.
• Meeting started 11:00 AM and concluded 11:09 AM.

Key Resolutions

• Ordinary: Adopt audited balance sheet and P&L for year ended 31 March 2026.
• Ordinary: Re-appoint director retiring by rotation (Aarti Toprwaala).
• Special Business (Ordinary Resolution): Approve material related party transaction with Paramount Kum Kum.

Increase in authorized share capital

• Board approved increasing authorized share capital from Rs 5 crore to Rs 39 crore, subject to shareholder approval.
• Alteration of MOA and issuance structure: 3.9 crore equity shares of Rs 10 each; EGM approval required.

Capital increase and MOA

• Increase in Authorized Capital from Rs 5 crore to Rs 39 crore, subject to shareholder approval.
• Alteration of MOA to reflect the increased capital.
• Shareholder approval to be sought at Extraordinary General Meeting.

EGM governance and notices

• EGM scheduled for 29 October 2026 via video conferencing.
• CDSL appointed as Remote e-voting agency.
• CS Abhishek Chhajed appointed Scrutinizer.
• Draft EGM Notice approved for distribution.
• Notice to be hosted on the company website.

Board meeting details

• Board meeting scheduled for Sep 29, 2026 at 03:00 PM IST via Video Conferencing.
• Agenda: to consider and transact the business as may be placed before the Board.

Meeting Details

• No date, time, or venue disclosed for the board meeting in this filing.

Paramount Cosmetics India Ltd - Trading Window Closure Notice

AGM details

• AGM date/time: 30 September 2026 at 11:00 AM IST, conducted via VC/OAVM.
• Deemed venue: registered office of the company.
• Remote e-voting facility provided by CDSL.

Voting & participation

• Remote e-voting window: 27-29 September 2026, 09:00–17:00 IST.
• Cut-off date for voting eligibility: 23 September 2026.
• Members not voting remotely may vote during AGM via VC.

Documents & access

• Notice and annual report for FY 2025-26 available on company website.
• Notice also hosted on BSE Limited and CDSL evoting portal.

Financials

• Revenue from operations and other income: ₹2,250.47 lakh.
• Profit before tax: ₹33.38 lakh; net profit: ₹5.12 lakh.
• EPS (basic): ₹0.11; OCI: ₹6.37; total OCI: ₹11.49.
• Cash flow from operations: ₹1,076.67 lakh; capex ₹6.13 lakh.
• Total borrowings: ₹238.77 lakh; net debt: ₹89.94 lakh.
• Bank balances ₹124.18 lakh; cash ₹24.65 lakh.
• Inventories closing ₹1,874.09 lakh; write-off ₹415.82 lakh.
• Dividend: Board did not declare dividend for the year.

Operations & transformation

• Single operating segment: selling and distribution.
• Strategic shift to a multi-brand distribution platform.
• Plant located at Shoolgiri, Tamil Nadu; offices in Bangalore and Vapi.
• Key developments: distribution alignment and supply-chain efficiency.

Capital structure & liquidity

• Paid-up equity capital: ₹4.855 crore (48.55 million shares).
• Total borrowings: ₹238.77 lakh; net debt to equity: 4.39%.
• Bank balances: ₹124.18 lakh; cash: ₹24.65 lakh.
• Net debt: ₹89.94 lakh; liquidity supports ongoing operations.

Governance & board

• Board: MD Hiitesh Topiiwaalla; Directors Aartii Topiwaala, Mukesh Tyagi, Vishwaskumar Sharma; CFO Rajnish Matta.
• Independent Directors met; Audit, Nomination & Remuneration, and Stakeholders Committees active.
• Independent Directors declared independence; secretarial audit engaged with no adverse remarks.
• AGM via VC/OAVM; record date 23-Sep-2026; e-voting window 27-29 Sep 2026.

Related party transactions

• Material RPT with Paramount Kum Kum Private Limited.
• Aggregate cap: ₹50 crore per year for 2027-28 to 2031-32.
• FY2025-26: sales ₹693.95 lakh; purchases ₹1,211.90 lakh.
• Rent income ₹9.00 lakh; rent expense ₹1.20 lakh; security deposits outstanding ₹67.34 lakh.

Audits & risk

• Statutory auditors Sharma & Pagaria; no fraud reported.
• Secretarial audit: no qualifications; Annexures I & II included.
• Inventory write-off ₹415.82 lakh; related-party lease arrangement revised.
• Internal controls adequate; some reports not available.

Outlook & risks

• Move to distribution-led growth across brands and categories.
• Risks: scale, onboarding, competition, and vendor dependency.
• Plan to strengthen ecosystem and nationwide distribution reach.

Assets & capacity

• PPE gross block ₹1,440.84 lakh; net PPE ₹382.60 lakh.
• Intangible assets net ₹1,000.48 lakh; software ₹0.48 lakh net.
• Inventories ₹1,874.09 lakh; total assets ₹3,518.35 lakh.

AGM & disclosures

• 41st AGM scheduled for 30-Sep-2026; VC/OAVM.
• Record date: 23-Sep-2026; e-voting: 27-29 Sep 2026.
• Company listed on BSE; scrip 507970; listing fees paid.

AGM details

• AGM held on 30 September 2026 at 11:00 IST via VC/OAVM.
• Record date: 23 September 2026; book closure: 24–30 September 2026.

Ordinary business resolutions

• Adopt audited balance sheet and profit and loss for year ended 31 March 2026.
• Re-appoint Mrs. Aartii Topiwaala, who retires by rotation.

Material related party transaction

• Approve material related party transaction with Paramount Kum Kum Private Limited.
• Aggregate value up to ₹50 crore per financial year.
• Valid for five financial years from FY27-28 to FY31-32.
• Terms: arm's length pricing and ordinary course of business.