PEARL Polymers Ltd

Board meeting

• Board meeting date to consider Q2 2026 unaudited results shall be informed in due course.

AGM Details

• Date: September 25, 2026; Mode: remote e-voting and video conferencing.
• Time: 09:00 IST start; e-voting ended 17:00 IST.
• VC attendance: Promoter Group 8, Public 66.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Standalone Financial Statements for year ended March 31, 2026.
• Resolution 2 (Ordinary): Re-appoint Amit Seth as director by rotation.

Voting Results

• Resolution 1 passed; 99.95% in favour.
• Resolution 2 passed; 99.95% in favour (promoter votes excluded).

Director Changes

• Amit Seth re-appointed as director; retires by rotation.

AGM Details

• 55th AGM held on Friday, 25 September 2026 at 12:30 PM via VC/OAVM.
• Meeting concluded at 1:00 PM IST.
• Remote e-voting ran 22–24 September 2026; voting continued at AGM until 1:00 PM.

Key Resolutions

• Ordinary: adopt Audited Standalone Financial Statements for FY ended 31 March 2026.
• Ordinary: appoint Amit Seth, retiring by rotation, for re-appointment.

Voting Results

• Voting outcomes not disclosed in this filing; results to be uploaded on company site and stock exchanges.
• Scrutinizer’s report to accompany the posted results.

Dividend

• Dividend proposal/approval not mentioned in the proceedings.

Director Changes

• Amit Seth retires by rotation and is up for re-appointment.

Auditor Appointments

• No changes to auditors announced at this AGM.

Material Related Party Transactions

• No material RPTs disclosed/approved at this AGM.

Other Material Approvals

• No other material approvals disclosed in the AGM proceedings.

AGM and shareholder communications

• 55th Pearl Polymers AGM on 25 September 2026 at 12:30 IST via VC/OAVM.
• Book Closure: 19–25 September 2026 (inclusive).
• E-voting opens 22 September 2026 at 09:00 IST; closes 24 September 2026 at 17:00 IST.
• Voting eligibility cut-off date: 18 September 2026.
• Annual Report and AGM Notice accessible via pearlpet.com and NSDL/BSE/NSE sites.
• KYC update per SEBI circular; PAN/address/mobile/bank details required; unpaid dividends may be withheld.
• No governance changes announced in this update.

Financial highlights

• Revenue from operations ₹1,970.31 lakh, down ~10.3% YoY.
• Total income ₹2,265.36 lakh; down ~9.99%.
• Loss before tax ₹491.51 lakh; improved from ₹527.13 lakh.
• Loss after tax ₹476.88 lakh; improved 6.86%.
• EPS ₹-2.83; negative but improved.
• Dividend not declared due to losses.
• Debt-free balance sheet; no borrowings.

Balance sheet snapshot

• Total assets ₹3,599.55 lakh; equity ₹2,887.05 lakh.
• Current ratio 4.75x; current liabilities ₹603.42 lakh.
• Non-current assets ₹734.42 lakh; current assets ₹2,865.13 lakh.
• Borrowings nil; debt-free position.

Capital structure

• Authorized capital ₹50 crore; equity 3 crore shares of ₹10 each.
• Issued, subscribed and paid-up capital ₹1,682.68 lakh; 16,834,932 shares.
• Promoters hold 55.58% of equity as at 31-03-2026.

Governance changes

• Board comprises three Executive and three Independent Directors.
• Aman Thakran resigned as Company Secretary; Prachi Tyagi appointed Sept 12, 2025.
• Anant Kanoi re-appointed as Independent Director for a second term (2026–2031).

Audit, controls & risk

• Statutory auditors Goel Goyal & Co; unqualified report.
• Secretarial auditors Abhishek Gupta & Associates; no qualifications.
• Contingent liabilities include Excise duty ₹366.13 lakh and GST disputes.

MD&A outlook

• FY26 faced uncertainty; focus on cost discipline and liquidity.
• Opportunities from urbanisation, Tier-II/III markets, and digital channels.
• FY27 focus: revenue growth, differentiated products, efficiency, and sustainability.

AGM & investor communications

• 55th AGM on 25 Sep 2026 via VC/OAVM; remote e-voting 22–24 Sep; cut-off 18 Sep.
• Postal ballot: Anant Kanoi re-appointment; 99.94% in favour.
• ISIN INE844A01013; listings: BSE/NSE; annual report on company site.

Shareholding snapshot

• Promoters hold 55.58% as at 31-03-2026.
• Top 10 non-promoter holders include Meera Steel LLP, Theta Investments, etc.
• Total equity shares: 16,834,932.

AGM Details

• 55th AGM on September 25, 2026 at 12:30 PM via VC/OAVM.
• Record date for voting rights: Sept 18, 2026.
• Book closure from Sept 19 to Sept 25, 2026.
• Remote e-voting window: Sept 22-24, 2026 (9:00 AM-5:00 PM).
• Notice permits VC/OAVM attendance; proxies not allowed.

Resolutions

• Ordinary: Adopt standalone financial statements for FY 2025-26.
• Ordinary: Re-appoint Amit Seth as director, retiring by rotation.

Directors

• Amit Seth; Executive Director since 2011; proposed for re-appointment.

Shareholder & Book Closure

• Register of members and transfer books closed Sept 19–25, 2026.

AGM Details

• 55th AGM on 25 September 2026 at 12:30 PM IST via VC/OAVM.
• Notice convening AGM and FY25-26 annual report will be circulated and filed within timelines.