Agarwal Toughened Glass India Limited reported a 42.3% rise in net profit to ₹2,159.75 lakh for the financial year ended March 31, 2026, compared to ₹1,517.20 lakh in the previous year. Total revenue for the period surged 71.7% to ₹10,006.27 lakh, up from ₹5,830.28 lakh in FY25, primarily driven by a 71.6% increase in revenue from operations to ₹9,492.39 lakh. The board approved the audited standalone financial results in a meeting held on May 28, 2026.

The company’s total expenses for FY26 stood at ₹7,038.95 lakh, a significant increase from ₹3,980.61 lakh in the prior year, largely due to higher costs of material consumed and employee benefits. Profit before tax for the year rose 60.4% to ₹2,967.32 lakh. Earnings per share (EPS) for the year increased to ₹12.22 from ₹8.58 in the previous year.

Financial Performance

The statement of assets and liabilities as of March 31, 2026, showed total assets increasing to ₹14,845.41 lakh from ₹13,238.10 lakh a year earlier. Shareholders' funds grew to ₹11,582.66 lakh, driven by an increase in reserves and surplus to ₹9,815.20 lakh. Current assets rose to ₹11,119.62 lakh, while inventories and trade receivables saw substantial increases to ₹2,940.60 lakh and ₹3,454.35 lakh, respectively.

IPO Fund Utilization

The company provided a certificate regarding the utilization of proceeds from its Initial Public Offering (IPO), which aggregated ₹6,263.56 lakh. As of March 31, 2026, the company had utilized ₹5,165.12 lakh of the total proceeds, leaving a balance of ₹398.45 lakh. The funds were allocated towards machinery purchase, repayment of borrowings, working capital requirements, and general corporate purposes.

M/s Jethani & Associates, Chartered Accountants, issued an unmodified opinion on the audited financial results. The cash flow statement indicated a net decrease in cash and cash equivalents of ₹2,322.60 lakh during the year, with closing balances standing at ₹1,064.59 lakh.

Agarwal Toughened Glass India Limited (formerly known as Agarwal Toughened Glass India Private Limited) held its first Extra-Ordinary General Meeting (EOGM No. 01 / FY: 2026-27) on Wednesday, May 6, 2026, at 03:00 P.M. (IST) through Video Conferencing (VC). The meeting concluded at 03:27 P.M. (IST), including time allowed for e-voting at the EGM. Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the consolidated voting results and Scrutinizer's Report to the National Stock Exchange of India Limited on May 7, 2026. A total of 16 members attended the meeting through VC and at the EGM venue, which was deemed to be held at the Registered Office of the Company.

Meeting Attendance and Key Officials

The Company Secretary, Mrs. Varsha Sethi, welcomed members and introduced the Board of Directors along with the statutory and secretarial auditors. The requisite quorum was constituted for the meeting to proceed. The following officials were connected during the meeting:

Scrutinizer Details

PCS Monika Gupta, Practising Company Secretary (Membership No. F-8208, Certificate of Practice No. 8551), Partner of M/s SKMG & Co., was appointed as the Scrutinizer by the Board of Directors at its meeting held on April 6, 2026. The Scrutinizer's consolidated report was issued to the company on May 6, 2026. Voting rights of shareholders were in proportion to their shareholding as on the record date, i.e., Wednesday, April 29, 2026. The total number of shareholders on the record date was 1,102. The remote e-voting period commenced on Sunday, May 3, 2026, at 09:00 A.M. (IST) and ended on Tuesday, May 5, 2026, at 05:00 P.M. (IST), facilitated through the NSDL e-voting platform.

Resolutions Passed

Two special resolutions were placed before the members as set out in the Notice dated April 6, 2026. Both resolutions were approved by the requisite majority through remote e-voting and e-voting during the meeting.

Preferential Issue Details

Pursuant to the shareholder approvals, the company had disclosed the following key terms of the preferential issue in accordance with SEBI LODR Regulations:

Voting Results — Resolution 1: Issue of Equity Shares on Preferential Basis

The following table presents the detailed voting outcome for Resolution 1, covering votes cast via remote e-voting and at the EGM:

Of the total votes polled, 4 members voted 169,200 shares in favour via remote e-voting, while 1 member voted 1,200 shares against. Total valid votes stood at 170,400 and total invalid votes at 39,600. No votes were cast at the EGM or abstained.

Voting Results — Resolution 2: Issue of Warrants on Preferential Basis

The voting outcome for Resolution 2 mirrored that of Resolution 1 in terms of member participation and vote distribution:

As with Resolution 1, 4 members voted 169,200 shares in favour via remote e-voting and 1 member voted 1,200 shares against. Total valid votes were 170,400 and total invalid votes were 39,600, with no votes cast at the EGM and no abstentions.

Proposed Allottees

The preferential issue is proposed to be made to a mix of promoter, promoter group, and non-promoter entities. The complete list of proposed allottees is as follows:

Based on the voting results reviewed and compiled by the Scrutinizer, both items as mentioned in the Notice of EGM were approved by the requisite majority. The Regulation 30 and Regulation 44(3) disclosures were digitally signed and submitted to NSE on May 7, 2026, by Mrs. Varsha Sethi, Company Secretary & Compliance Officer (M. No.: ACS-78121), and the Scrutinizer's Report was signed by Monika Gupta (FCS No.: 8208, CP No.: 8551, UDIN: F008208H000293537) at Jaipur on May 6, 2026.