Shree Ganesh Elastoplast Ltd

Shree Ganesh Elastoplast Limited — Trading window closure from 1 October 2026 until 48 hours after unaudited Q2 FY2026-27 results (quarter ended 30 September 2026)

Key AGM resolutions

• 32nd AGM held on 30 September 2026 at the registered office.
• Audited financial statements for year ended 31 March 2026 adopted.
• Mihir Rameshchandra Shah reappointed as Director (retiring by rotation).
• M/s SDP M & Co. appointed statutory auditors for FY2026-27; remuneration to be fixed by Chairman.
• Results of e-voting and poll to be published within 2 working days.

AGM details

• Date: 30 September 2026; Time: 12:30 PM to 1:05 PM; Mode: physical at registered office.

Key resolutions

• Adopted Audited Financial Statements for year ended 31 March 2026.
• Reappointed Mihir Shah, retiring by rotation, for the next term.
• Ratified appointment of M/s. SD PM & Co. as statutory auditors for 2026-27; remuneration to be fixed.

Voting results

• Audited financial statements approved and adopted.
• Other resolutions' outcomes not explicitly stated in filing.

Dividend

• No dividend proposed or declared.

Director changes

• Mihir Shah reappointed after retirement by rotation.

Auditors

• Statutory auditor ratified for 2026-27; remuneration to be fixed by Board.

Financial snapshot

• Revenue from operations: 478.66 Lacs; prior year 1,973.20 Lacs.
• Total income: 480.48 Lacs; prior year 1,975.01 Lacs.
• Total expenses: 529.63 Lacs; prior year 2,124.98 Lacs.
• Profit before tax: (49.18) Lacs; depreciation 12.27 Lacs.
• Net loss after tax: (48.01) Lacs; EPS (0.87).
• Dividend: no dividend declared for the year.

Capital structure & liquidity

• Share capital: 550.20 Lacs; Total equity: 356.01 Lacs.
• Total indebtedness: 71.35 Lacs; Debt-equity ratio: 0.20.
• Cash and cash equivalents: 29.87 Lacs.
• Trade receivables: 197.43 Lacs; Inventories: 44.14 Lacs.

Cash flow highlights

• Net cash from operating activities: (59.05) Lacs.
• Net cash from financing activities: 31.41 Lacs.
• Net decrease in cash and equivalents: (26.39) Lacs; closing cash: 29.87 Lacs.

Governance and board changes

• Independent director Harish R. Mehta expired on 07/08/2025.
• Rajesh Chinubhai Sutaria and Nikita Rajan Shah appointed 25/08/2025.
• Board held 5 meetings; Audit Committee chaired by Kush Shah after Aug 2025.
• Internal auditor: Umangi Bhavsar; Secretarial auditor: Kamlesh Shah & Co.

Related party and compliance

• Remuneration to CFO Manit Mihirbhai Shah: 6.30 Lacs per annum.
• Related party transactions with Merry Sharefin Limited; arm's length; board approvals obtained.
• Company exempt from full Corporate Governance report due to Small Company status.

Industry outlook & revival plan

• Commodity trading environment remained challenging; rising competition.
• Board prioritizes viable opportunities and diversification into capital markets.

Dematerialisation and shareholding

• 81% of equity dematerialised; ISIN INE400N01017.
• Top shareholders include Merry Sharefin Limited; promoters hold 12.83%.

Audits and controls

• Statutory auditors: S D P M & Co; Secretarial auditor: Kamlesh Shah & Co.
• Auditors reported no adverse remarks; internal financial controls deemed adequate.

Financial results and signing authority

• Standalone Q1 FY2026-27 unaudited results approved; auditors' unmodified opinion; WTD Mihir R Shah authorized to sign declaration.

AGM timing and record date

• Authorized WTD to fix record date, book closure, AGM date/time/venue and evoting schedule.

Filing and auditor remarks

• Integrated filing for quarter ended 30 June 2026 submitted; auditor issued unmodified review.

Other regulatory/compliance disclosures

• Public/rights/preferential issue not applicable; no penalties; no related-party disclosures; no equity investments.

Results status

• Standalone unaudited IND AS quarterly results for the quarter ended 30 June 2026.

Board & audit

• Board approved results on 14 August 2026; Audit Committee reviewed.
• Auditors SDP M&Co. issued an unmodified review report.

One-segment note

• Company operates in a single segment; segment reporting is not provided.

Operational details

• Quarter meeting started at 05:00 PM and concluded at 05:30 PM.

Format & compliance

• Results prepared for standalone, IND AS-compliant format.

• No meeting date, time, or agenda items disclosed in this chunk.

Share purchase details

• Spouse of Whole Time Director, Mrs. Pauravi Mihir Shah, purchased 18,000 shares in open market on 29/06/2026.
• Purchase price Rs 18.11 per share, total value Rs 325,980.
• Transaction classified as PAC acquisition under SEBI SAST and PIT regulations.
• SEBI disclosures filed and XML PIT format submitted to BSE for records.

Shree Ganesh Elastoplast Limited — Trading window closed from July 1, 2026 until the end of 48 hours after the announcement of unaudited financial results for the quarter ended June 30, 2026.