Triveni Glass Ltd

Promoter shareholding update

• Type: Form C disclosure under SEBI PIT Regulations 2015.
• Purpose: Disclose change in promoter holding; update shareholding pattern.
• Material change: 45,550 shares credited; total holding 1,38,871.
• Nature: Credit via demat; off-market transfer; not a sale/purchase.
• Dates: Credit on 14 Aug 2026; intimation to company on 18 Aug 2026.
• Regulatory note: No Reg 7(2) continual disclosure required; submitted for governance.
• Future update: Shareholding pattern to reflect from Q2 2026 onwards.
• Promoter: Meeta Agrawal; demat nominee credited.

Shareholder communication

• Date: 17-08-2026; letters dispatched to shareholders with unregistered email IDs containing annual report link.

Financial snapshot

• Revenue from operations: Rs 0.00 Lakhs for FY2025-26.
• Total Income: Rs 38.65 Lakhs.
• PBIDT: Rs (70.43) Lakhs.
• Net loss: Rs (74.57) Lakhs.
• EPS: Rs (0.59).
• Cash flow from operating activities: Rs (26.26) Lakhs.
• Cash and cash equivalents year-end: Rs 6.80 Lakhs.
• Dividend: no dividend for FY2025-26.

Capital structure & liquidity

• Paid-up equity capital: Rs 1,261.94 Lakhs.
• Authorized capital: Rs 2,000 Lakhs; no change.
• Short-term borrowings: Rs 1,872.02 Lakhs.
• Total equity: Rs (1,545.89) Lakhs.
• Total assets: Rs 629.98 Lakhs.
• No long-term borrowings reported.
• Cash/bank balance at year-end: Rs 46.80 Lakhs (6.80 cash, 40.00 bank balances).
• Dematerialization: 94.84% in demat; 5.16% physical.

Operations & asset status

• No production or sales during the year; non-operational.
• Rajahmundry unit sold in 2020; Allahabad unit closed/sold.
• Pivoting to real estate; refurbishing 72 flats.
• Residential conversion approved for factory land; plan to sell land.
• No capital expenditure in FY2025-26.

Governance & risk management

• Board: 6 directors; 4 independent; 2 executive.
• CSR committee dissolved 01-10-2025; CSR not applicable.
• Audit Committee: five members; meetings held.
• Secretarial audit: Ayush Sinha & Associates; 5-year term.
• CEO/CFO certificate confirms governance compliance.

Related party transactions

• RPT with UPSGWPL: supply of materials for 5 years; ₹15 Lakh p.a.
• RPT with UPSGWPL: lease of motor vehicle; ₹10,000 per month.
• Board approvals: 28-07-2026; JK Agrawal related party link (spouse director).
• Promoter group UPSGWPL holds 0.45% of Triveni Glass.

Auditors & compliance

• Statutory auditors: M/s Amit Ray & Co; no qualifications.
• Secretarial auditor: M/s Ayush Sinha & Associates; 5-year term.
• Secretarial audit annexures provided; board acceptance.
• Directors’ independence declarations filed.

Regulatory matters & contingencies

• IBC case: Laxmi Float Glass petition; not admitted as of 31-03-2026.
• Debt acknowledged: Rs 11.13 Crore; disputed interest Rs 4.63 Crore.
• GST penalty: Rs 9.87 Crore; appeal to GST Appellate Tribunal.
• EPF penalty: Rs 28 Lakh; Allahabad High Court proceedings.
• DGFT EPCG licenses pending; several other disputes ongoing.

Shareholder information & AGM

• 55th AGM: 11 Sep 2026, 12:00 PM, Prayagraj.
• Register of members closed 5-11 Sep 2026.
• Scrip: BSE 502281; 94.84% dematerialized as at 31-03-2026.
• Dividend: not declared for FY2025-26.
• Shareholding: Public 66.11%, Corporate Bodies 22.26%, Promoters 5.42%.

Forward-looking note

• Management cautions that forward-looking statements may differ from actual results.

AGM outcomes

• 55th Annual General Meeting held on 11 September 2026 at Hotel Allahabad Regency.
• Adoption of Audited Financial Statements for year ended 31 March 2026.
• FY2025-26: revenue ₹0; net loss ₹74.57 lakh; other income ₹38.65 lakh; EPS ₹-0.59.
• Ratification of Cost Auditor remuneration: Rs 17,500 plus out-of-pocket expenses for year ending 31 March 2027.
• Re-appointment of Ishwar Chandra Agarwal as Independent Director for five years (2027–2032).
• Continuation of Ishwar Chandra Agarwal as Independent Director beyond age 75 to 20 June 2032.
• Continuation of Manju Agarwal as Non-Executive Independent Director beyond age 75 to 18 March 2031.
• Approval of related party transactions with UPSGWPL for materials supply for five years up to ₹15 lakh per annum.
• Approval of related party lease of motor vehicles to UPSGWPL for five years at ₹10,000 per month plus GST.
• Dividend for FY2025-26 not recommended.
• Remote e-voting via NSDL from 8 Sep 2026 to 10 Sep 2026.
• Postal ballot approved Manju Agarwal’s five-year Independent Director reappointment with 296,551 votes in favour.
• CSR Committee dissolved; CSR activities to be overseen by the Board.

Financials (Q1 FY2026-27)

• Total income for quarter ended 30-Jun-2026: 60.66.
• Profit before tax for quarter: 15.83.
• Current tax: 5.00; Deferred tax: 2.00.
• Profit after tax for quarter: 2.00.
• EPS (quarter): Basic 0.13; Diluted 0.13.
• Total expenses for quarter: 44.83.
• Employee benefits 6.82; Depreciation 1.03; Other expenses 36.96.
• Audit status: Limited review; not an audit.

Independent director extensions

• Ishwar Chandra Agarwal to serve as Independent Director until 20 June 2032 (second term), subject to shareholders' approval.
• Manju Agarwal to continue as Non-Executive Independent Director until 18 March 2031 (second term), subject to shareholders' approval.

Shareholding update

• Approval by Stakeholder's Relationship Committee and Board for name deletion and issuance of shares.
• 18,000 shares to Jitendra Agrawal for folio 07A00009, held jointly with deceased parents.
• Company will intimate the exchange once RTA credits shares to JK Agrawal's demat account.

Independent Director Reappointment

• Type of change: Reappointment of Ishwar Chandra Agarwal as Independent Director.
• Name and designation: Ishwar Chandra Agarwal, Independent Director.
• Term: Second five-year term from 21 Jun 2027 to 20 Jun 2032.
• Effective date: w.e.f 21 June 2027; subject to member approval.
• Current tenure ends 20 June 2027.
• Board approval: 28 July 2026 based on Nomination and Remuneration Committee recommendations.
• Reason: Reappointment.
• Brief profile: 45 years in teaching, research, and environmental/civil engineering.
• Disclosure: Not related to any other directors.
• Regulatory status: Not debarred by SEBI.
• Board/committee impact: No stated changes to composition.