Polylink Polymers India Ltd

AGM notice & e-voting details

• Notice of 33rd AGM on 28 September 2026 at 11:30 AM via VC/OAVM.
• Cut-off date for members to vote: 21 September 2026.
• Remote e-voting window: 24 September 2026, 09:00 to 27 September 2026, 17:00.
• Share Register and Transfer Books closed 22 September to 28 September 2026.
• Notice and Annual Report will be emailed; AR 2025-26 available on website and BSE.
• NSDL engaged to provide remote e-voting facility.
• Newspaper advertisements published on 21 August 2026 for AGM notice.

AGM notice and annual report access

• Letters dispatched with web link for Annual Report 2025-26 to members without registered emails.
• Annual Report 2025-26 also available on the company website.
• 33rd AGM scheduled for 28 September 2026 at 11:30 AM via VC/OCAM.
• Exact web paths for AGM Notice and Annual Report provided.

KYC updates and electronic communications for physical holders

• E-voting cut-off date fixed at 21 September 2026.
• E-voting window open from 24 September 2026 09:00 IST to 27 September 2026 17:00 IST.
• KYC update reminder for physical security holders (PAN, address, mobile, bank details).
• Non-updated folios will be eligible for electronic payments only.
• Shareholders with physical shares must update email IDs for notices.

Financial performance

• Revenue from operations for FY2025-26 was 8,459.64 Lakhs, down 7% YoY.
• Total revenue 8,510.39 Lakhs, down from 9,151.04 Lakhs.
• Net profit after tax 122.34 Lakhs, down 42.62% YoY from 213.20.
• Closing retained earnings 2,006.63 Lakhs, up 6.46%.
• Earnings per share Rs 0.55.

Dividend and capital allocation

• Board did not recommend any dividend for FY2025-26.
• Profit retained; no amount transferred to reserves.

Capital structure and liquidity

• Total borrowings 557.29 Lakhs; non-current 211.56, current 345.73.
• Net debt 544.84 Lakhs; gearing 14.90%.
• Cash and cash equivalents 2.23 Lakhs; other bank balances 10.22 Lakhs.
• Cash flow from operations 526.91 Lakhs; investing -787.67; financing 261.40.
• Net increase in cash and cash equivalents 0.64.

Operations and capacity

• Single segment: Polymeric compounds and masterbatches.
• Solar power plant of 315 kW generated 385,766 units, saving Rs 33,33,326.
• Export incentives: Rs 72.91 Lakhs.
• Domestic India revenue: Rs 7,172.76 Lakhs; exports Rs 1,286.88 Lakhs.
• Total employees: 49 as of 31-Mar-2026.

Governance and risk

• Audit Committee comprises four members; four meetings held in FY2025-26.
• Internal controls adequate; no material weaknesses observed.
• Secretarial audit unqualified; new secretarial auditor to be appointed.

Board and management changes

• Company Secretary: Dilip Nikhare resigned 25-Jun-2025; Priyal Dangi appointed 08-Aug-2025.
• Secretarial Auditor: AGM approved Ankit Vageriya & Associates from 2026-27 for five years.
• Independent Directors' performance evaluated; continued terms.

Outlook and strategic focus

• Management focuses on market expansion, productivity, and cost optimization.
• Industry outlook remains positive; watch raw material volatility and FX movements.
• Company aims for sustainable growth via product mix and customer focus.

AGM Details

• AGM on 28 September 2026 at 11:30 a.m. IST via VC/OAVM.
• Books/Record closure from 22 to 28 September 2026 (inclusive).

Key Resolutions

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Reappointment of Pragya Bhartia Barwale as Director, retiring by rotation.
• Appointment of Ankit Vageriya & Associates as Secretarial Auditor for five years.

Director & Auditor Changes

• Pragya Bhartia Barwale to continue as Director; re-appointment proposed.
• Secretarial Auditor appointment approved for five-year term; remuneration details to be decided.

E-voting for 33rd AGM

• Cut-off date for voting eligibility is 21 September 2026.
• E-voting opens 24 September 2026 at 09:00 and closes 27 September 2026 at 17:00.
• Shareholders on the cut-off date may vote remotely during the e-voting period.
• AGM is scheduled for 28 September 2026 at 11:30 AM via VC/OAVM.

Book closure details

• Book closure from 22 Sep 2026 to 28 Sep 2026 (both days inclusive) for the 33rd AGM.
• AGM date: 28 September 2026.
• Security: equity shares of Polylink Polymers India Ltd.

Resignation of Secretarial Auditor

• Resignation of secretarial auditor M/s. AG Shah & Associates with effect from 10 August 2026.
• Reason: resignation not linked to material matter; filing delay due to administrative oversight.
• Effective date and term: 10/08/2026; no term specified.
• Firm: AG Shah & Associates, Practising Company Secretaries.
• Impact: Secretarial Auditor position remains vacant; no replacement disclosed.
• Disclosure: delay in filing was inadvertent and administrative.
• Relationship disclosures: Not Applicable.

Cessation of Secretarial Auditor

• AG Shah & Associates, Secretarial Auditor, resigned effective 10 August 2026 due to pre-occupation with other professional work.

Internal Auditor – Re-appointment

• Re-appointment of M/s Chandabhoy & Jassoobhoy as Internal Auditor for FY 2026-27; effective 10 Aug 2026.
• Brief profile: N.A.
• Disclosure of relationships with other directors: Not Applicable.

Secretarial Auditor – Appointment

• Appointment of Ankit Vageriya & Associates as Secretarial Auditor for FY 2026-27 to 2030-31; effective 10 Aug 2026.
• Reason: Appointment as Secretarial Auditor.
• Term: FY 2026-27 to FY 2030-31.
• Shareholder approval: Subject to approval at ensuing AGM.
• Brief profile: Proprietorship firm of CS Ankit Kumar Vageriya; 16 years' secretarial experience.
• Disclosure: Not Applicable.