Shri Jagdamba Polymers Ltd

Shri Jagdamba Polymers Limited trading window closed from October 01, 2026 till the completion of 48 hours after the declaration of Un-Audited Financial Results for the quarter and half year ending September 30, 2026

AGM Details

• Date and time: 24 Sep 2026, 3:00 PM–3:26 PM, mode: physical at Hyatt Regency Ahmedabad.
• Record date: 17 Sep 2026; record shareholders: 6,791.
• No. of resolutions passed in meeting: 9.

Key Resolutions

• Receive, consider and adopt standalone and consolidated financial statements for FY2026 — Passed.
• Declare final dividend of Rs 1 per equity share — Passed.
• Re-appoint Radha Devi Agrawal (DIN 07309539) by rotation — Passed.
• Appoint Aalay Girishbhai Mehta as Independent Director — Passed.
• Appoint Hardik Kirankumar Shah as Independent Director — Passed.
• Approve remuneration revision for Kiranbhai Bhailal Patel, Whole-Time Director — Passed.
• Approve related party transactions with Global Polyweave Private Limited — Passed.
• Approve related party transactions with Shakti Polyweave Private Limited — Passed.
• Approve related party transactions with Harmony Finvest — Passed.

Dividend Details

• Final dividend of Rs 1 per equity share approved.

Director Changes

• Radha Devi Agrawal re-appointed by rotation.
• Aalay Girishbhai Mehta appointed as Independent Director.
• Hardik Kirankumar Shah appointed as Independent Director.

Related Party Transactions

• Global Polyweave Private Limited: related party transactions approved.
• Shakti Polyweave Private Limited: related party transactions approved.
• Harmony Finvest: related party transactions approved.

AGM details

• Date/time: 24 September 2026 at 3:00 PM; mode: physical meeting at Hyatt Regency Ahmedabad.
• Attendees: 42 shareholders; meeting concluded at 3:26 PM.

Resolutions put to vote

• Item 1 (Ordinary): Adopt standalone and consolidated financial statements for FY2025-26.
• Item 2 (Ordinary): Declare final dividend of ₹1 per equity share.
• Item 3 (Ordinary): Re-appoint Mrs. Radhadevi Agrawal, retiring by rotation.
• Item 4 (Special): Appoint Mr. Aalay Mehta as Independent Director.
• Item 5 (Special): Appoint Mr. Hardik Shah as Independent Director.
• Item 6 (Special): Revise remuneration of Whole-Time Director Kiranbhai Patel.
• Item 7 (Ordinary): Approve RPT with Global Polyweave Pvt Ltd.
• Item 8 (Ordinary): Approve RPT with Shakti Polyweave Pvt Ltd.
• Item 9 (Ordinary): Approve RPT with Harmony Finvest.

Dividend status

• Final dividend proposal included; outcome not disclosed in proceedings.

Directors & management changes

• Mehta appointed as Independent Director.
• Shah appointed as Independent Director.
• Radhadevi Agrawal reappointed, retiring by rotation.
• Remuneration revision for Kiranbhai Patel approved.

Auditors

• Statutory auditor present; no changes disclosed.

Material related party transactions

• RPT with Global Polyweave Pvt Ltd approved.
• RPT with Shakti Polyweave Pvt Ltd approved.
• RPT with Harmony Finvest approved.

Other material approvals

• No other material approvals disclosed.

AGM notice and email update

• AGM for the 42nd year scheduled Sept 24, 2026 at 3:00 PM, Ahmedabad.
• Letter to shareholders without registered email provides weblink to Annual Report and AGM notice.
• Cut-off date for email update: August 28, 2026.
• Annual Report and AGM notice hosted on company website with provided links.
• SEBI LODR Regulation 36 compliance; update of KYC and dematerialisation emphasized.
• Electronic payments via electronic mode for folios lacking PAN or other updated details.
• Quoting Folio No / DPID-Client Id in all future communication.

Financial performance

• Standalone turnover 43,532.25 Lakhs; down from 49,093.65 in 2024-25
• EBITDA 6,562.67 Lakhs; PAT 4,138.63 Lakhs
• Consolidated revenue from operations 43,097.21 Lakhs; PAT 3,623.84 Lakhs
• Export turnover 36,008.33 Lakhs; Standalone EPS 47.26
• Net worth 33,322.06 Lakhs; Total assets 41,860.79 Lakhs

Dividend & AGM

• Final dividend ₹1 per equity share for FY2025-26
• AGM 42nd on 24 Sep 2026; e-voting dates provided
• Record date: 17 Sep 2026; payment within 30 days

Capital structure & liquidity

• Total borrowings ₹5,056.06 Lakhs; equity ₹33,322.06 Lakhs; Debt-Equity 0.15
• Cash and cash equivalents ₹3,155.99 Lakhs; net borrowings ~₹1,900 Lakhs
• Current ratio 3.54; Debt service coverage 14.97x

Business developments

• Global Polyweave consolidation to 80% stake; fully consolidated
• Rights issue completed; consolidation completed in FY2024-25
• Policy tailwinds: PLI, RoDTEP, India UK CETA, EU/NZ FTAs
• 4 MW solar PV plant commissioned; wind 3.5 MW, solar 7.3 MW existing

Governance

• Aalay Mehta and Hardik Shah appointed Independent Directors from 07-07-2026
• Dharmistha Kabra resigned; Diksha Gehlot appointed 06-03-2026
• Board meetings: eight in FY2025-26; independent directors attended

Related party transactions

• Material RPTs with GPPL, Shakti Polyweave, Harmony Finvest up to ₹150 crore
• RPTs approved by Audit Committee; arm's-length in ordinary course
• Related parties not voting on RPT resolutions

CSR & ESG

• CSR spend ₹102.00 Lakhs; 2% of average net profit ₹99.81 Lakhs
• Contributions: Om Jagdamba Foundation and NASEOH Gujarat
• CSR policy disclosed on company website

Audit & controls

• Statutory Auditor: Jain K S & Associates; no qualifications
• Secretarial Auditor: GR Shah & Associates; some observations and corrective actions
• Internal controls robust; internal audit reports reviewed

Outlook & risks

• Outlook: growth in India’s technical textiles; stabilise volumes and integrate subsidiary
• Macro headwinds: US tariffs, currency volatility; policy tailwinds support export growth
• Focus: energy efficiency, capital discipline, diversification of markets

Key dates

• Book closure: Sept 18, 2026 to Sept 24, 2026 (inclusive).
• Purpose: book closure for the 42nd AGM of Shri Jagdamba Polymers Ltd.
• E-voting cut-off date: Sept 17, 2026, determines voting eligibility.
• Remote e-voting window: Sept 21, 2026, 09:00 to Sept 23, 2026, 17:00.
• AGM date and time: Sept 24, 2026, 3:00 PM IST.
• AGM venue: Hyatt Regency Ahmedabad.

Record date details

• Security: equity shares of Rs 1 face value.
• Record date fixed as 17 September 2026 for final dividend entitlement.
• Dividend amount: Rs 1 per equity share.
• Payable within 30 days from declaration, subject to approval.
• Dividend declared at ensuing AGM, subject to shareholder approval.

Dividend details

• Dividend type: final.
• Dividend amount: Rs 1 per equity share.
• Face value: Rs 1.
• Financial year: 2025-2026.
• Record date: 17 Sep 2026.
• Subject to shareholders' approval at AGM.

Rescheduled board meeting

• Original meeting date was August 31, 2026.
• New meeting date is September 2, 2026.
• Rescheduled due to administrative exigencies.
• Consider and recommend final dividend for FY ended March 31, 2026, subject to approval at the 42nd AGM.
• To transact any other business with permission of the Chairman.