AIK Pipes and Polymers has scheduled its 9th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be held at 1:00 pm through Video Conferencing or Other Audio-Visual Means.

The company dispatched the notice of the AGM and the annual report for FY26 electronically on September 5, 2026. This complies with Ministry of Corporate Affairs Circular No. 14/2020 and subsequent circulars, including Circular No. 09/2024 dated September 19, 2024. It also adheres to SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024.

E-voting Schedule

Members can cast votes electronically via the National Securities Depository Limited (NSDL) platform. The remote e-voting period begins on Friday, September 25, 2026, at 10:00 am and ends on Friday, September 29, 2026, at 5:00 pm.

The cut-off date for determining voting rights is Wednesday, September 23, 2026. Members present at the AGM who have not voted remotely can vote during the meeting. Those who have already voted remotely cannot vote again.

Key Dates

Shareholders without registered email addresses will receive a letter with a web link to access the annual report, as per Regulation 36(1)(b) of the SEBI Listing Regulations. The complete notice and annual report are available on the company website.

AIK Pipes and Polymers Limited reported a sharp decline in its financial performance for the year ended March 31, 2026, with net profit falling 93% to ₹8.71 lakh from ₹127.65 lakh in the previous year. Revenue from operations dropped significantly to ₹945.08 lakh compared to ₹2,509.70 lakh in FY25. The board approved the audited financial results for the half-year and financial year ended March 31, 2026, during a meeting held on May 30, 2026.

Financial Performance

The company's total revenue for FY26 stood at ₹985.38 lakh, a decrease from ₹2,544.57 lakh in the previous year. Total expenses for the year were reported at ₹956.19 lakh, lower than the ₹2,379.11 lakh recorded in FY25. Profit before tax for the year stood at ₹29.19 lakh, down from ₹165.46 lakh in the prior year. The basic and diluted earnings per share for FY26 were 0.14, compared to 2.01 in the previous year.

Key Financial Metrics (Amount in Lakhs)

Half-Yearly Results

For the half-year ended March 31, 2026, the company reported a profit of ₹83.30 lakh, a turnaround from the loss of ₹74.59 lakh recorded in the half-year ended September 30, 2025. Revenue from operations for the half-year ended March 31, 2026, was ₹756.47 lakh.

Board Decisions and Appointments

Alongside the financial results, the board approved the re-appointment of M/s SASH & Associates, Chartered Accountants, as the Internal Auditor for the financial year 2026-27 pursuant to Section 138 of the Companies Act, 2013. The meeting commenced at 02:30 P.M. and concluded at 03:30 P.M.

Auditor's Report and Compliance

The Statutory Auditors, M/s R P Khandelwal & Associates, issued an unmodified opinion on the audited financial results. The trading window for dealing in the company's securities will remain closed for designated persons and their immediate relatives until 48 hours after the dissemination of this announcement, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.