AI Champdany Industries Ltd has announced the book closure dates for its 108th Annual General Meeting (AGM). The company will keep its register of members and share transfer books closed from August 15, 2026, to August 22, 2026, to determine the eligibility of shareholders for attending the meeting. The AGM is scheduled to be held on August 22, 2026, at 10:30 pm through video conferencing or other audio-visual means.

The book closure is conducted pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015. The notification was addressed to the Listing Compliance department of BSE Limited, where the company is listed with scrip code 532806.

The following table outlines the details of the book closure:

The company, established in 1873, operates as a pioneer in weavers and spinners of natural and synthetic blended fabrics and yarns. The communication was digitally signed by Dharmendra Kumar Singh, the Company Secretary, on June 24, 2026.

AI Champdany Industries Limited has returned to profitability in the fiscal year ended March 31, 2026, reporting a net profit of ₹178.44 lakh compared to a net loss of ₹6,103.29 lakh in the previous year. The company's board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. Revenue from operations for FY26 surged to ₹21,040.54 lakh, a significant increase from ₹9,021.85 lakh in FY25, driven by strong performance across its segments.

The board also decided to convene the 108th Annual General Meeting (AGM) of the shareholders on Saturday, August 22, 2026, via video conferencing. The register of members and share transfer books will remain closed from August 15, 2026, to August 22, 2026, for the purpose of the AGM. M/s. G Basu & Co, Chartered Accountants, the statutory auditors, issued an audit report with an unmodified opinion on the financial results.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹2,194.17 lakh on a revenue of ₹6,906.40 lakh. This is a sharp turnaround from the net loss of ₹1,781.85 lakh reported in the same quarter of the previous year. Total comprehensive income for the year stood at ₹945.61 lakh, compared to a negative comprehensive income of ₹7,018.68 lakh in FY25.

Segment Results

The company operates primarily in Jute and Jute Diversified Products, along with Flax Products. The Jute segment reported revenue of ₹14,250.45 lakh for the year, while the Flax segment contributed ₹421.95 lakh. The 'Others' category, which includes diversified activities, generated ₹6,368.14 lakh in revenue. The Jute segment continued to face challenges with a reported loss before tax of ₹5,036.99 lakh, whereas the 'Others' segment recorded a profit of ₹5,837.46 lakh.

Operational Notes

The company noted that its Yarn Unit and Libra Carpet Unit in Odisha, along with Weaving Units at Rishra and Konnagar, remain under prolonged suspension of work due to a shortage of raw jute and high prices. However, management expects a bumper crop in the coming season and has utilized the period for factory renovation. Additionally, a dispute with an overseas shareholder at the NCLT has been mutually settled and withdrawn.