Parmeshwari Silk Mills Ltd

Parmeshwari Silk Mills Limited: Trading window closed from 1 October 2026 till the expiry of 48 hours from the conclusion of the Board meeting to be held for approval of the Unaudited Standalone & Consolidated Financial Results of the Company for the quarter and half year ended 30 September 2026

AGM Details

• AGM held 19 September 2026, 12:00–13:02 at registered office; physical meeting.

Key Resolutions

• Resolution 1: Adopt standalone and consolidated financial statements; passed with 99.99% in favour of votes polled.
• Resolution 2: Re-appointment of Harinder Kaur as director; passed.
• Note: 29,000 shares invalid due to interest in Resolution 2.
• Resolution 3: Ratification of remuneration of Cost Auditors; passed.
• Resolution 4: Change Jatinder Pal Singh to Managing Director; passed.
• Note: 704,435 shares invalid due to interest in Resolution 4.

Director Changes

• Managing Director designation change for Jatinder Pal Singh; remuneration not disclosed.

Auditors

• Cost Auditor remuneration ratified; no amount disclosed.

Material Related Party Transactions

• No material related party transactions approved.

Other material approvals

• No other material approvals reported.

AGM Details

• AGM held on 19 Sep 2026, 12:00–13:02, at registered office; physical with e-voting.

Ordinary Business

• Adoption of audited standalone and consolidated financial statements for FY2026.
• Re-appointment of Harinder Kaur as director liable to retire by rotation.

Special Business

• Ratification of remuneration of M/s. Pawan & Associates as Cost Auditors.
• Change in designation of Jatinder Pal Singh to Managing Director.

Director Changes

• Jatinder Pal Singh designated Managing Director from 27 Aug 2026 to 31 Aug 2029.
• Harinder Kaur re-appointed as director; term not specified.

Auditors

• Statutory auditor attendance noted; no change announced.
• Cost auditor remuneration ratified as per resolution.

Voting & Results

• Voting results not disclosed in filing; scrutiny report to be submitted within two days.
• Results to be posted on the company website and intimated to stock exchanges.

Financial highlights

• Standalone revenue from operations: Rs 2,40,64,98,179.60.
• Standalone total income: Rs 2,40,98,71,027.51.
• Standalone PAT: Rs 8,61,66,478.29.
• Standalone EPS: Rs 28.71.
• Consolidated revenue from operations: Rs 2,49,35,02,680.75.
• Consolidated PAT: Rs 9,96,66,992.09.
• Consolidated EPS: Rs 33.21.
• Dividend: No dividend declared for the year.

Governance

• Board comprises six directors; three independent.
• Jatinder Pal Singh redesignated from Whole-Time Director to Managing Director.
• Arshdeep Singh Bedi appointed Independent Director on 12 Aug 2025.
• Harinder Kaur reappointed by rotation at AGM 2026.
• Audit Committee chaired by Khushvinder Bir Singh; five meetings in FY26.
• Secretarial Auditor: P.S Bathla & Associates.
• Nomination & Remuneration Committee includes Arshdeep Bedi; Jatinder Pal Singh ceased Aug 2025.
• Internal controls deemed adequate; no material weaknesses.

Capital and debt

• Authorized share capital Rs 3.5 crore; paid-up Rs 30,011,000.
• Promoters hold 60.17% of equity.
• Standalone borrowings: long-term Rs 342,433,982; short-term Rs 816,301,842.
• Consolidated borrowings: long-term Rs 498,060,090.30; short-term Rs 875,713,699.45.
• Share capital issued: 30,01,100 shares fully paid.
• ISIN: INE808R01012.

Subsidiaries & related party transactions

• Harappa Textile Mills Private Limited turnover Rs 21,03,50,384.80; PAT Rs 1,35,00,513.80; holding 99.96%.
• Major related-party sales include Harappa Textile Mills: Rs 104,600,676.60.
• RPTs are on arm's length; Audit Committee reviews related party contracts.
• Materiality policy for RPTs published on company website.

CSR & ESG

• CSR expenditure for FY26: Rs 17,24,560; average net profit Rs 17,24,208.
• CSR obligation for FY26: Rs 17,24,208; surplus Rs 352 for set-off.
• CSR Committee held one meeting on 23.03.2026.
• No capital assets created under CSR in FY26.

Audit & internal controls

• Statutory auditors: Montek S & Associates; Secretarial: P.S Bathla & Associates.
• Inventory closing based on stock statement; no physical verification performed.
• Internal controls adequate; no material weaknesses.
• Secretarial compliance report filed for FY26.

Listings & shareholder info

• Listed on BSE and Calcutta Stock Exchange; ISIN INE808R01012.
• Promoters hold 60.17%; Others 39.83%.
• Dematerialised: NSDL 54,871; CDSL 25,63,189; Physical 3,83,040.
• Annual report and AGM notices available on company website and exchanges.

Outlook & risks

• Indian textile sector outlook positive; PM MITRA and PLI support growth.
• Risks: raw material volatility, FX, energy costs, logistics, policy changes.
• Focus on cost control, working capital efficiency, and sustainability.

Designation change: Jatinder Pal Singh to MD

• Change in designation: Mr. Jatinder Pal Singh becomes Managing Director.
• Effective 27 August 2026; term 27 August 2026 to 31 August 2029, subject to member approval.
• Brief profile: over 30 years’ experience; strategic planning and overall management.
• Remuneration will be as approved by Board on NRC recommendation, subject to Members’ approval.
• Disclosure of relationships with other directors: None.

Scrutinizer appointment for AGM e-voting

• Appoint M/s. P S Bathla & Associates as Scrutinizer.
• Effective date: 27 August 2026.
• Term: for the 33rd AGM remote e-voting.
• Reason: to conduct fair, transparent e-voting.

Board actions

• Trading window closure for Designated Persons and their immediate relatives for quarter ended June 30, 2026.
• Corporate Governance Report for quarter ended June 30, 2026 noted.
• Statement of Investor Complaints/Grievances for quarter ended June 30, 2026 noted.
• Reconciliation of Share Capital Audit Report for quarter ended June 30, 2025 noted.
• Shareholding pattern as per Regulation 31 for quarter ended June 30, 2026 noted.
• Confirmation Certificate as per Regulation 74(5) for quarter ended June 30, 2026 noted.

Standalone results & audit

• Standalone unaudited revenue from operations: 5,791.95 lakh for quarter ended 30 June 2026.
• Standalone total income: 5,798.14 lakh for quarter ended 30 June 2026.
• Standalone profit after tax: 195.91 lakh for quarter ended 30 June 2026.
• Standalone basic EPS: 6.53 for continuing operations for quarter ended 30 June 2026.
• Statutory auditor's review expressed an unmodified opinion on standalone results.
• Emphasis of Matter: closing inventory as at 30 June 2026 based on management stock statement; no physical verification.
• Board approved standalone and consolidated results following Audit Committee recommendation on 12 August 2026.

Consolidated results & audit

• Consolidated revenue from operations: 6,146.12 lakh for quarter ended 30 June 2026.
• Consolidated total income: 6,152.31 lakh for quarter ended 30 June 2026.
• Consolidated profit after tax: 248.52 lakh for quarter ended 30 June 2026.
• Consolidated basic EPS: 8.28 for continuing operations for quarter ended 30 June 2026.
• Consolidated auditor's review expressed an unmodified opinion on consolidated results.
• Emphasis of Matter: closing inventory verified via management stock statement; no physical verification conducted for consolidation.
• Consolidated subsidiaries: Harappa Textile Mills Private Limited included in consolidation.

Meeting Details

• Board meeting on August 12, 2026 at 03:00 PM, at Village Bajra Rahon Road, Ludhiana.

Key Agenda Items

• Approve unaudited standalone and consolidated Q1 2026-27 results with Limited Review Reports.
• Note compliance items for June 30, 2026, including trading window closure.
• Note Integrated Filing-Governance, share capital audit reconciliation, shareholding pattern, and website updation.

Other Notes

• Trading window closed for designated persons from July 1, 2026 until 48 hours after audited results.