Advance Petrochemicals Ltd has closed its trading window effective October 1, 2026. This measure applies to directors, key managerial personnel, and designated employees ahead of the un-audited financial results for the quarter ended September 30, 2026.

The closure is mandated under SEBI (Prohibition of Insider Trading) Regulations, 2015, specifically Regulation 9(1). It also aligns with BSE Circular No. List/Comp/01/2019-20 dated April 2, 2019, and the company’s internal code of conduct for monitoring insider trading.

Duration and restrictions

The trading window remains closed from October 1, 2026, until 48 hours after the declaration of the financial results. During this period, immediate relatives of insiders are also prohibited from dealing in the company’s securities.

Board meeting update

The company stated that the date of the board meeting to approve the un-audited financial results will be intimated in due course. No specific date was disclosed in the current filing.

This procedural step ensures compliance with regulatory norms regarding the handling of unpublished price-sensitive information during the quarterly reporting cycle.

Advanced Petrochemical reported a sharp decline in profitability for the financial year ended March 31, 2026, as net profit after tax fell 90.30% to ₹2.93 lakh from ₹30.22 lakh in the previous year. Consolidated revenue also contracted by 5.74% to ₹47.45 crore, down from ₹50.34 crore in FY25.

The company has scheduled its 41st Annual General Meeting (AGM) for September 30, 2026, at its factory in Ahmedabad. Shareholders holding equity shares on the record date of September 23, 2026, will be eligible to vote. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026.

Financial Performance

The decline in profit was driven by lower revenue and higher finance costs, despite a reduction in raw material expenses. Total expenditure stood at ₹47.26 crore against total income of ₹47.45 crore. Other income dropped significantly to ₹8.90 lakh from ₹40.98 lakh in FY25, largely due to the absence of insurance claims received previously.

Balance Sheet and Working Capital

Total assets increased to ₹3,164.13 lakh from ₹2,530.50 lakh in the prior year, primarily due to a rise in current assets. Inventories surged to ₹933.50 lakh from ₹586.41 lakh, while trade receivables grew to ₹1,154.69 lakh from ₹967.23 lakh. This increase in working capital requirements was funded by higher borrowings. Short-term borrowings rose to ₹991.38 lakh from ₹653.19 lakh, while long-term borrowings slightly decreased to ₹423.37 lakh.

Corporate Governance and Board Changes

The Board of Directors approved the appointment of Mr. Priyank Dilipbhai Parikh as a Non-Executive Independent Director, effective August 11, 2026, subject to shareholder approval at the AGM. Mr. Akshat Shukla and Mr. Arvind Vishwanath Goenka resigned from their respective directorships on the same date. Mrs. Palak Tapas Relia was elevated to Chairman and Non-Executive Director.

The entire net profit of ₹2.93 lakh is proposed to be transferred to the Statement of Profit and Loss as surplus. No dividend was recommended for the year. The cut-off date for the dispatch of the Annual Report was August 28, 2026.