Sonal Adhesives Ltd

Meeting Details

• Board meeting scheduled for 13 November 2026 at 4:00 p.m.; location not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for Q2 and half-year ended 30 September 2026.

Other Notes

• Trading window for designated persons closed from 1 October 2026 to 15 November 2026.

AGM details

• AGM conducted with remote e-voting and voting during the meeting.
• Voting window and cut-off dates communicated for eligibility.
• Shareholders on record were identified for the meeting.

Key resolutions

• Adopt audited financial statements for the year (ordinary).
• Re-appoint director by rotation (ordinary).
• Re-appoint managing director (special).
• Ratify cost auditors' remuneration for the year (ordinary).

Voting results

• All resolutions passed with unanimous approval.
• Adoption of financials: unanimous approval.
• Director rotation: unanimous approval.
• MD re-appointment: special resolution approved unanimously.
• Cost auditor remuneration: unanimous approval.

Director changes

• Director re-appointment by rotation.
• Managing Director re-appointed.

Auditor arrangements

• Remuneration for Cost Auditors ratified for the coming year.

AGM details and resolutions

• AGM held 24 Sep 2026, 4:11–4:25 pm, via video conferencing.
• Remote e-voting 21–23 Sep 2026; voting available during meeting.
• Ordinary business: adopt Audited Financial Statements for FY ended 31 March 2026.
• Ordinary business: re-appoint Mrs. Mridu Sandeep Arora as director (retires by rotation).
• Ordinary business: re-appoint Mr. Sandeep Arora as Managing Director.
• Ordinary business: ratify remuneration of Cost Auditor for FY 2026–27.
• All resolutions passed at AGM; no dissent reported.

Financial highlights

• Total revenue (I+II): 12,827.46 lakh; prior year 11,167.04.
• Revenue from operations: 12,644.41 lakh; export 3,396.59; domestic 9,247.82.
• PAT after tax: 137.17 lakh; prior year 176.49.
• EPS (basic/diluted): 2.55 per share.

Geography & product profile

• Geography: domestic turnover 9,247.82; export turnover 3,396.59.
• Main products: BOPP self-adhesive tapes, adhesives and emulsions.
• One major customer contributed 13.56% of revenue.
• Export turnover grew 104.97% year over year.

Capital structure & liquidity

• Equity share capital: 606.10; promoter holding 46.57%.
• Total borrowings: 2,177.66; net debt 2,049.10; gearing 1.98x.
• Cash and cash equivalents 9.35; other bank balances 119.21; total liquidity 128.56.
• No equity or debt raised publicly; no dividend declared.

Governance & controls

• Board changes: Vipul Desai as Independent; Nitin Rane retired; Anuradha Dubey left.
• Amish Ashar appointed Company Secretary & Compliance Officer.
• Statutory auditors Haziyani & Associates; appointed for 5 years to 2030; unqualified.
• Secretarial audit unqualified; internal controls adequate; vigil mechanism active.

Related party transactions

• Related party transactions in ordinary course; disclosures on website.
• Loans from Sonal Impex Limited repaid 203.78; interest 57.60; corporate guarantee 11.00.
• Rent paid by Sonal Ropes Limited: 4.80.
• Balances due: Sonal Impex 487.88; Sonal Ropes 0.03.
• KMP remuneration: Sandeep Arora 36.00; Ajeet Singh 7.20; Amish Ashar 0.90.

Risks, outlook & energy

• Raw material price volatility; FX risk; energy and logistics costs.
• Outlook: packaging, e-commerce and logistics demand supports long-term growth.
• Energy conservation measures implemented; foreign exchange earnings 3420.18; outgo 542.29.

AGM notice & disclosures

• 35th AGM via VC/OAVM on 24 September 2026 at 4.00 PM.
• Remote e-voting from 21 to 23 September 2026; 9:00 AM to 5:00 PM.
• Notice available on company website and BSE; registration and access via CDSL.

Standalone Q1 FY2026 results

• Board approved standalone unaudited Q1 FY2026 results ended 30 June 2026.
• Revenue from operations: 2,752.30 lakh.
• Net profit after tax: 22.89 lakh; EPS: 0.38.

AGM details

• 35th AGM on 24 September 2026 at 4:00 PM via Video Conference.
• Remote e-voting 21–23 September 2026; members as on 18 September eligible.
• Book closure 18–24 September 2026 (Regulation 42, LODR).

Governance appointments

• Secretarial Auditor appointed: CS Prashant Diwan for FY 2026-27.
• Cost Auditor appointed: M/s SK Agarwal & Associates for FY 2026-27; remuneration to be ratified at AGM.

Auditor review

• Haziyani & Associates reviewed the unaudited results; no material misstatement identified.

AGM and Book Closure Details

• 35th AGM to be held on 24 September 2026 at 4:00 p.m.
• Remote e-voting from 21 Sep 2026, 9:00 a.m. to 23 Sep 2026, 5:00 p.m.
• Members' Register and Transfer books closed 18 Sep to 24 Sep 2026 (inclusive).

Dematerialisation status

• Dematerialisation requests processed and confirmed to depositories for quarter ended 30 June 2026.
• Securities dematerialised have been listed on the stock exchanges where they are listed.
• Physical certificates were mutilated and cancelled, with the depository's name substituted as registered owner within timelines.

Price movement clarification

• Sonal Adhesives Ltd states there is no price-sensitive information pending disclosure.
• Share price movement is market-driven and may reflect general market conditions.
• Management states it has no involvement in the share price movement.
• Company has complied with Regulation 30 of SEBI LODR, 2015.
• There is no information disclosure overdue or pending operations-related updates.