Sunil Industries Ltd

Sunil Industries Limited — Trading Window closed from 1 October 2026; will reopen 48 hours after declaration of Un-audited financial results for the quarter ending 30 September 2026.

AGM details

• Date: 22 September 2026; Start 12:00 PM, end 12:25 PM.
• Mode: physical AGM at registered office with remote e-voting.
• Record date: 15 September 2026; shareholders on record: 5922.

Resolutions

• Ordinary: approved audited financial statements for year ended March 31, 2026.
• Ordinary: re-appointment of MD Vinod Gajanand Lath on rotation.
• Special: regularisation of Shruti S. Somani as Non-Executive Independent Director.
• Ordinary: ratification of remuneration payable to Cost Auditor for FY 2026-27.

Voting results

• All four resolutions passed; majority in favor above threshold.
• 76% of outstanding shares polled; 99.94% in-favour.
• No significant opposition; no invalid votes reported.

Dividend

• No dividend proposed or declared.

Directors and auditors

• MD Vinod Gajanand Lath re-appointed on rotation.
• Ms. Shruti S. Somani appointed as Non-Executive Independent Director.
• Cost Auditor remuneration for FY 2026-27 ratified.

Appointment of Independent Director

• Ms. Shruti Satyanarayan Somani appointed Non-Executive Independent Director; five-year term from 26 June 2026 to 25 June 2031.

AGM Details

• Date, time, and venue: 22 September 2026, 12:00–12:25 IST, at the registered office.
• Mode: Physical meeting with remote e-voting facility.
• No proxy votes received; remote e-voting period 19–21 September 2026.

Key Resolutions

• Item 1 Ordinary: Approval of audited financial statements for year ended March 31, 2026.
• Item 2 Ordinary: Re-appointment of Vinod Lath as Managing Director on rotation.
• Item 3 Special: Regularisation of Shruti Somani as Non-Executive Independent Director.
• Item 4 Ordinary: Ratification of remuneration payable to Cost Auditor for FY 2026-27.

Voting Results

• Item 1: Passed; audited financial statements adopted.
• Item 2: Passed; MD re-appointment approved.
• Item 3: Passed; Shruti Somani Regularised.
• Item 4: Passed; Cost Auditor remuneration ratified.

Dividend

• Dividend: No dividend proposed or declared.

Director Changes

• Re-appointment of Vinod Lath as Managing Director on rotation.
• Regularisation of Shruti Somani as Non-Executive Independent Director.

Auditor Arrangements

• Cost Auditor remuneration for FY 2026-27 ratified.

Book closure details

• Book closure for 50th AGM: 16 Sep–22 Sep 2026 (inclusive) for equity shares; AGM on 22 Sep 2026.

Financial snapshot

• Revenue from operations rose to ₹226.04 crore in FY2025-26.
• Total revenue was ₹226.29 crore; YoY growth ~31.4%.
• Profit after tax stood at ₹4.60 crore; up 17.9% YoY.
• Earnings per share ₹10.95 (basic and diluted).
• EBITDA / PBDIT ₹6.02 crore.
• Dividend for FY2025-26: none declared.

Capital structure & liquidity

• Total borrowings ₹35.31 crore; current ₹34.60 crore, non-current ₹0.71 crore.
• Debt-to-equity ratio 0.65x; current ratio 1.26x.
• Finance costs ₹5.01 crore; interest burden within normal range.
• Cash flow from operations ₹20.49 crore; financing outflow ₹24.66 crore.
• Dividend policy not applicable due to market-cap ranking.

Cash flow highlights

• Operating cash flow ₹20.49 crore.
• Net decrease in cash ₹7.24 crore; closing cash ₹0.98 crore.

Operations & markets

• Single segment: textiles; integrated spinning, weaving, processing.
• Major Government/institutional customers noted; diversified demand base.
• Outlook: improving domestic demand; emphasis on efficiency and product innovation.

Governance & board changes

• Shruti Saraf ceased as Independent Director on 26 May 2026.
• Shruti Somani appointed Additional Independent Director on 26 June 2026; regularization proposed.
• Audit Committee reconstituted post-year; new member Shruti Somani inducted.
• Board: 5 directors; MD, WTD; 3 Independent; 2 Women Independent.

Dividends & capital allocation

• Dividend policy not applicable; no dividend declared.
• No ESOPs or share buybacks during the year.

Risks & compliance

• Key risks include rising input costs, inflation, and interest-rate volatility.
• Contingent liabilities include bank guarantees and GST/tax disputes.
• POSH compliance maintained; no harassment complaints reported.

Key Decisions

• Approved Directors' Report and annexures for FY 2025-26.
• Approved closure of Register of Members and Transfer Books for AGM, Sep 16-22, 2026.
• Approved cut-off date to record entitlement for electronic voting.
• Approved convening of the 50th AGM on Sep 22, 2026 at 12:00 PM IST.
• Approved 50th Annual Report including AGM notice for FY 2025-26.
• Appointed Hemant Shetye, PCS, as Scrutinizer for AGM e-voting.
• Failing Hemant Shetye, Kunal Sakpal to act as Scrutinizer.
• Approved NSDL to facilitate AGM e-voting.
• Authorized Directors and Company Secretary to conduct AGM and dispatch Notice.

Meeting Details

• Meeting on July 31, 2026 at the company's registered office; time not disclosed.

Key Agenda Items

• Approve standalone unaudited IND-AS financial results for quarter ended June 30, 2026 with limited review report.
• Any other business with permission of the Chair and majority Directors including at least one Independent Director.

Other Notes

• Trading window closed from July 1, 2026 to 48 hours after June 30 results declaration.

Regulatory compliance: dematerialisation

• Certificate issued by MUFG Intime India Pvt. Ltd confirms dematerialisation for quarter ended 30 June 2026.
• Securities dematerialised were confirmed/listed on existing exchanges; certificates cancelled after verification.