Pratik Panels Ltd

AGM details

• AGM held on 29 September 2026 via VC/OAVM.
• Start time 03:35 PM; end time 03:50 PM.
• Record date 22 September 2026; shareholders on record 12,082.

Resolutions and outcomes

• Item 1: Ordinary; Adoption of Audited Standalone Financial Statements, Directors' Report & Auditors' Report passed.
• Item 2: Ordinary; Regularisation of Additional Director as Executive Director; passed.
• Item 3: Special; Appointment of Whole-time Director for three-year term; passed.
• Item 4: Special; Appointment of Independent Director; passed.

Dividend

• No dividend proposed or declared.

Directors and auditors

• Executive Director regularised; Independent Director appointed.

Material related party transactions

• No material related party transactions disclosed.

Other material approvals

• No ESOPs, mergers, or charter amendments disclosed.

AGM Details

• Date: September 29, 2026; mode: VC/OAVM.
• Start time: 3:30 PM IST; end: 3:50 PM IST.
• Attendees: 35 Members; quorum met.
• Meeting conducted with Directors and KMP present via VC/OAVM.

Resolutions

• Ordinary Resolution 1: Adopt Audited Financial Statements for year ended March 31, 2026.
• Ordinary Resolution 2: Regularise Additional Director as Executive Director.
• Special Resolution 3: Appoint Lagdhirbai Desai as Whole-time Director for 3 years.
• Ordinary Resolution 4: Appoint Mrs. Bhumika Nair as Independent Director.

Voting Results

• All resolutions deemed passed on the AGM date.

Director Changes

• Regularisation of Additional Director Desai as Executive Director.
• Appointment of Lagdhirbai Desai as Whole-time Director for 3 years.
• Appointment of Mrs. Bhumika Nair as Independent Director.

Pratik Panels Limited — Trading Window closed for Designated Persons from 1 October 2026 for the quarter and half-year ended 30 September 2026; window to reopen 48 hours after the Announcement of Un-Audited Financial Results for the quarter & half year ended 30 September 2026.

Key quarterly highlights

• Quarter ended 30 Jun 2026: Revenue from operations 172.05; Other income 18.42.
• Total revenue 190.47; PAT 9.49; PBT 12.68; tax 3.19.
• EPS (basic; continuing): 0.01; (diluted): 0.01.
• Cost items: purchase of stock-in-trade 227.68; inventories -74.05; employee benefits 6.16.
• Finance cost 0.33; other expenses -17.68.
• Notes: one textile segment; limited review by statutory auditors; board record date 14 Aug 2026.

Key board decisions

• Approved standalone unaudited quarterly results for quarter ended 30 June 2026, with Limited Review Report.
• Resignation of Swapnil Sharad Shimpi as Whole-Time Director and CFO effective 14 August 2026.
• Appointed Jileshkumar Lagdhirbhai Desai as WTD and CFO from 14 August 2026 for 3-year tenure, subject to approval.
• Appointment subject to shareholders' approval at the ensuing AGM.
• Annexures A and B attached with appointment and resignation disclosures.
• Resignation due to other professional commitments; resignation letter enclosed.

Meeting Details

• Date: 14 August 2026.
• Location: Registered office of the Company.

Key Agenda Items

• To approve Un-Audited IND-AS financial results and Limited Review Report for the quarter ended June 30, 2026.

Rights issue cancellation

• Rights issue announced on 7 May 2026 has been revoked by the Rights Issue Committee.
• Board recommendation followed during the meeting held on 15 July 2026.

Meeting rescheduled and agenda

• The Rights Issue Committee meeting has been rescheduled to July 15, 2026.
• Original date: June 30, 2026.
• Earlier rescheduled date: July 6, 2026.
• Agenda: fix record date, issue price, entitlement ratio for proposed Rights Issue.
• Other matters related to the Rights Issue may be considered with Chairman's permission.
• Reason: pending in-principle approvals from stock exchanges/regulatory authorities.
• Subject to approvals by stock exchanges or regulators.

Summary of dematerialisation compliance

• Processing of dematerialisation requests for the reporting quarter completed; dematerialised securities listed on stock exchanges.
• Certificates for dematerialisation were mutilated and cancelled after verification, with the depository's name updated as registered owner.

Meeting rescheduled

• Original date: 30 June 2026.
• New date: 6 July 2026.
• Agenda: fix record date, issue price, entitlement ratio, and related rights issue matters.
• Reason: pending in-principle approvals from stock exchanges/regulators.
• Subject to approvals by stock exchanges/regulatory authorities.
• Trading window status not mentioned.