Shetron Ltd

Shetron Limited — Trading Window closed from Thursday, 1st October, 2026 till the expiry of 48 hours after the declaration of the Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2026.

Q1FY2026-27 standalone results

• Revenue from operations: ₹8,657 lakh for quarter ended 30 June 2026.
• Net profit after tax: ₹213 lakh.
• EPS (basic/diluted): ₹2.10.
• Standalone, single segment: Metal Packaging.
• Board approved unaudited results; auditor's review conducted.

Meeting Details

• Board meeting scheduled on Friday, 14 August 2026.
• Time and venue are not disclosed.

Key Agenda Items

• To consider and approve unaudited results for the quarter ended 30 June 2026.
• Status (standalone/consolidated) not disclosed.

Other Notes

• Trading window closed from 1 July 2026.
• Closed until 48 hours after results declaration on 14 August 2026.
• Closure applies to directors, officers, designated employees, and other connected persons.

Dematerialisation processing and listing

• Dematerialisation requests received during quarter ended 30 June 2026 were processed (accepted/rejected) by the Registrar.
• Such dematerialised securities have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Record Date and Book Closure

• Record date for entitlement to attend AGM and receive dividend, if declared: 24 July 2026.
• Book closure from 25 July 2026 to 31 July 2026 (inclusive).
• Security: Equity shares; Scrip code 526137.
• Dividend is subject to AGM approval.

Financial highlights

• Revenue from operations ₹24,623 lakh; total income ₹24,733 lakh; YoY growth 7.68%.
• PAT ₹400 lakh; EPS ₹4.44; net margin 1.62%.
• PBT ₹613 lakh; tax ₹213 lakh; net profit after tax ₹400 lakh.
• Export turnover ₹2,835 lakh; down 34.8% YoY.
• Dividend proposed ₹1.00 per equity share; record date 24 July 2026.

Operations & capacity expansion

• Mumbai production line commissioned; now fully operational for FY27 growth.
• Bangalore lug-cap can capacity expanded; upgrades to south and west facilities.
• Input costs rising; measures to control costs and improve working capital.

Capital structure & liquidity

• Authorized share capital ₹3,000 lakh; paid-up ₹900 lakh; unchanged.
• Long-term borrowings ₹1,060 lakh; current borrowings ₹2,719 lakh; total ₹3,779 lakh.
• Cash & equivalents ₹7 lakh; bank balances ₹462 lakh; total liquidity ~₹469 lakh.
• Debt-Equity 0.66; Current ratio 1.24; ROE 6.48%.

Dividend & AGM details

• 46th AGM on 31 July 2026 via VC; record date 24 July 2026.
• Dividend ₹1.00 per equity share; subject to shareholder approval.
• E-voting via CDSL/NSDL; remote voting 28-30 July 2026.

Governance & management

• Kartik Nayak re-appointed JMD for 3 years (15 May 2026–14 May 2029).
• Remuneration ₹8,33,333 per month; plus perquisites; minimum remuneration clause applicable.
• Board met 4 times; Independent Directors held a separate meeting on 7 February 2026.
• Statutory auditors Naresh & Co; Secretarial auditor Parameshwar Ganapati Bhat; no qualifications.

Related party transactions

• All related party transactions were in ordinary course and arms-length.
• Material contract: Fibre Foils Ltd sale ₹53.53 lakh.
• Payments to KMP ₹233 lakh and ₹278 lakh; no outstanding balances.
• Related party policy and disclosures on company website; Annexure AOC-2 included.

CSR, people & risk

• CSR spend ₹15.55 lakh; major projects include Shriniketan Trust ₹5.00 lakh and Amcha Ghar ₹1.50 lakh.
• CSR committee not formed as expenditure is below ₹50 lakh; 2% of average net profit ₹15.55 lakh.
• Total employees: 218 (199 male, 19 female).
• ISO 9001:2015 and FSSC 22000-6.0 certifications; TPM program 22nd year.

AGM details

• 46th AGM on Friday, 31 July 2026 at 11:00 AM IST via Video Conferencing.
• Register of Members and share transfer books closed 25–31 July 2026 for dividend payment and AGM.
• Record date for voting entitlement fixed 24 July 2026.

Dividend and related dates

• Dividend, if declared, will be paid to members appearing in the register on 24 July 2026 after TDS.

Notice delivery

• Notice of AGM and Annual Report will be sent electronically to registered shareholders.

Joint Managing Director

• Re-appointed Kartik Manohar Nayak as Joint Managing Director for three years.
• Effective from May 15, 2026 to May 14, 2029, subject to shareholder approval.
• He has engineering and U.S. postgraduate qualifications, with over two decades' experience.
• He has worked in finance, commercial divisions, and project development.
• He is related to Executive Chairman Diwakar Sanku Shetty.

Internal Auditors

• Re-appointed Ishwar & Gopal, Chartered Accountants, as internal auditors for FY 2026-27.
• Appointment approved on May 2, 2026, for one year.
• Firm was established in July 1984 and offers audit, tax, advisory, and financing services.
• Re-appointed T.R. Chadha & Co., Chartered Accountants, as internal auditors for FY 2026-27.
• Firm has over 77 years' history and serves multinationals and Indian companies.

Cost Auditor

• Re-appointed Vishwanath Bhat, Proprietor of Bhat & Co., as cost auditor for FY 2026-27.
• Appointment approved on May 2, 2026, for one year.