Rishiroop Ltd

Rishiroop Ltd – Closure of Trading Window

Resolutions

• Item 1 proposes a Special Resolution to appoint Mrs Batul Shah as Non-Executive Independent Director.
• Term: five consecutive years from 17 September 2026 to 16 September 2031.
• Role: Non-Executive Independent Director, not liable to retirement by rotation.
• Independence: meets Section 149(6) criteria and NRC recommendation.
• Voting method: remote e-voting; cut-off date 18 September 2026.
• Voting window: 24 September to 23 October 2026.
• Outcome: results announced within two working days after the e-voting conclusion.
• Shareholding: Mrs. Shah currently holds NIL shares.
• Governance impact: strengthens board independence and governance framework.

• No extractable material updates disclosed in the provided board-meeting excerpt.

Filing context

• Issuer: Rishiroop Ltd (526492), Category: Board Meeting.

AGM Details

• AGM held Sep 8, 2026 in hybrid mode; record date Sep 1, 2026; 5,448 on record.

AGM Details

• Date and time: September 8, 2026 at 11:00 IST.
• Mode: VC/OAVM.
• Record date for final dividend: September 1, 2026.
• Register of Members and share transfer books closed: Sep 2–Sep 8, 2026.

Key Resolutions

• Adopt audited financial statements and reports of the Board and Auditors.
• Declare final dividend of ₹1.50 per equity share.
• Re-appoint director retiring by rotation: Arvind Kapoor.

Dividend

• Final dividend of ₹1.50 per share proposed.

Director Changes

• Arvind Kapoor to be re-appointed as director.

Financials

• Revenue from operations ₹7,198.97 lakhs in FY25-26.
• Total income ₹7,629.64 lakhs; YoY decline.
• PAT ₹669.99 lakhs; EPS ₹7.31.
• Final dividend ₹1.50 per share; ₹137.45 lakhs.
• Capex planned ₹35 crore for plastics line and Wadivare expansion.
• No external borrowings; liquidity via cash ₹27.65 lakhs and bank balances ₹236.21 lakhs.

Operations & markets

• Domestic revenue ₹6,514.26 lakhs; export ₹684.71.
• Primary segment: Polymers and Polymer Compounds.
• Margin pressures from input costs; domestic sales growth offset exports.
• Capex for new plastics line; Wadivare capacity expansion.
• Outlook: domestic demand supported by manufacturing, despite volatility.
• Strategic focus on product mix, efficiency, and domestic market share.

Capital & liquidity

• Equity share capital ₹916.36 lakhs across 9,163,603 shares.
• No external borrowings; liquidity supported by cash and bank balances.
• Dematerialisation status: 98.12% of equity shares.
• Book closure scheduled 2–8 September 2026.

Governance & controls

• Board: six directors; one Executive, five Non-Executive.
• Independent directors: Vakil, Sharma, Shah.
• Statutory auditors Jayesh Dadia; unqualified opinion.
• RPT with Rishiroop Polymers renewed; arm's length; Audit Committee oversight.

Shareholder & AGM

• 41st AGM on 8 Sep 2026 via VC/OAVM.
• Remote e-voting window 4–7 Sep 2026; NSDL as voting provider.
• Dividend record date: 1 Sep 2026.

CSR & sustainability

• CSR spend ₹16.00 lakhs; average profit ₹15.78 lakhs.
• Excess CSR spend ₹0.22 lakh; no unspent balance.
• CSR policy and CSR report on company website.