Southern Magnesium & Chemicals Ltd

Dematerialisation actions

• Securities in the certificates were dematerialized and listed on exchanges where earlier shares are listed.
• Mutilated and cancelled the physical certificates forwarded by the participants.
• Substituted the depository’s name as registered owner in the records.
• Actions completed within the 15-day period from receipt of certificates for 01/07/2026 to 30/09/2026.

AGM Details

• AGM held on 30 Sep 2026 at 11:30 IST via VC/OAVM.
• Electronic voting cut-off date set at 23 Sep 2026.
• Meeting concluded at 11:46 IST.

Resolutions

• Ordinary: Adopt Audited Financial Statements and related reports for year ended 31 Mar 2026.
• Ordinary: Re-appoint director retiring by rotation.
• Special: Change designation of director from Joint MD & CFO to Managing Director & CFO.

Voting Status

• Ordinary Resolution 1: Results pending; final outcome to be announced.
• Ordinary Resolution 2: Results pending; final outcome to be announced.
• Special Resolution 3: Results pending; final outcome to be announced.

AGM Details

• AGM held on 30.09.2026 at 11:30 AM via VC/OAVM.

Voting & Results

• Remote e-voting window: 27-29 Sep 2026 (9:00 AM–5:00 PM).
• Members not voting remotely could vote at the AGM.
• Results to be forwarded after Scrutinizer's report.

Southern Magnesium and Chemicals Limited — Trading Window closed from October 01, 2026 till 48 hours after the declaration of financial results for the quarter and half year ended September 30, 2026

financial highlights

• Net sales fell to Rs 335.55 lakh from Rs 1,243.49 lakh.
• Other income Rs 63.52 lakh, up from Rs 56.92 lakh.
• Total expenses Rs 375.21 lakh, down from Rs 873.15 lakh.
• Net profit after tax Rs 12.64 lakh, down from Rs 319.77 lakh.
• EPS Basic/Diluted Rs 0.42; prior year Rs 10.66.
• Dividend not declared during the year.

margins

• Net profit margin 3.77%; operating margin 18.42%.
• Return on equity 0.97%.

capital & liquidity

• Equity share capital Rs 300 lakh; 3.0 million shares.
• Net debt Rs 160.48 lakh; gearing 12.30%.
• Current ratio 2.38x.

cash flow

• Cash flow from operations negative Rs 468.66 lakh.
• Investing activities net Rs 368.61 lakh.
• Net decrease in cash Rs 0.63 lakh.

governance & leadership

• Nuthakki Rajender Prasad redesignated as MD & CFO from 12.11.2025.
• N Ravi Prasad ceased as MD & CEO on 23.10.2025.

dividends & shareholding

• Dividend not declared.
• Promoter shareholding details disclosed in notes.

audits & controls

• Statutory auditors: Brahmayya & Co.; continued without qualifications.
• Secretarial auditor: D. Hanumanta Raju & Co.
• Internal financial controls deemed adequate.

agm & regulatory

• 40th AGM to be held on 30 Sep 2026 via VC/OAVM.
• Remote e-voting 27–29 Sep 2026; cutoff 23 Sep 2026.

Financial results

• Unaudited quarterly results for quarter ended 30 June 2026 approved.
• Audit Committee reviewed; statutory auditors issued unmodified limited-review report.
• Results prepared in Ind AS.

AGM and book closure

• AGM scheduled for Sept 30, 2026 via video conferencing.
• Book closure fixed 24 September to 30 September 2026.
• Notice of AGM along with Directors' report issued.

Auditor remarks

• Independent Auditor's Review Report states no material misstatement.

Accounting and segment disclosure

• Company operates in a single magnesium segment under IND AS 108.

Special Window details

• Opening of a Special Window to transfer physical shares to demat form.
• Window provides transfer and dematerialisation options for a defined period.
• The window lasts one year from the lodgement date.
• The facility is available to shareholders for dematerialisation under the SEBI circular.
• Lodgement of transfer requests is subject to regulatory requirements and document verification.

Dematerialisation status

• All dematerialisation requests processed within 15 days of receipt.
• Dematerialised securities are listed on the stock exchange(s).
• Physical certificates for dematerialisation mutilated and cancelled; depository named as registered owner in records.