Alkali Metals Limited has fixed the book closure dates for its 58th Annual General Meeting (AGM), which will be held on Friday, August 21, 2026. The company will conduct the meeting through Video Conference (VC) or Other Audio-Visual Means (OAVM) starting at 11:00 A.M. IST. The book closure is essential for determining shareholder eligibility for voting and any dividend declared during the meeting.

The record date for the AGM is set for Friday, August 14, 2026. Consequently, the book closure period will remain in effect from Monday, August 15, 2026, to Friday, August 21, 2026, inclusive of both days. During this period, no transfer or transmission of shares will be processed.

Key Dates and Timelines

Shareholders holding equity shares as of the close of business on the record date will be entitled to attend and vote at the AGM. The company has also outlined the e-voting window for shareholders who wish to cast their votes remotely before the meeting.

E-Voting Schedule

The e-voting facility will be available for a limited period preceding the AGM:

• Start Date and Time: August 18, 2026, at 9:00 A.M. IST
• End Date and Time: August 20, 2026, at 5:00 P.M. IST

These timelines are fixed in accordance with Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders are advised to ensure their holdings are updated in their demat accounts before the record date to secure voting rights and dividend entitlements.

The announcement was issued by Siddharth Dubey, Company Secretary & Compliance Officer of Alkali Metals Limited, on August 5, 2026, and submitted to both the National Stock Exchange of India Ltd and BSE Limited.

Alkali Metals Limited has reported a significant turnaround in its financial performance for FY26, posting a profit after tax (PAT) of ₹55.64 lakhs compared to a loss of ₹579.98 lakhs in the preceding year. The chemical manufacturer achieved a record turnover of ₹9,302.90 lakhs, representing a 12.9% year-on-year growth, driven by effective cost control measures and improved operational efficiency. Shareholders will vote on these results and a recommended final dividend of ₹1 per equity share at the 58th Annual General Meeting (AGM) scheduled for August 21, 2026.

The Board of Directors, meeting on May 26, 2026, approved the financial statements and the dividend recommendation, which equates to a 10% payout on the face value of ₹10. The dividend is payable within 30 days of shareholder approval, subject to applicable tax deductions. The record date for determining dividend entitlement is August 14, 2026. During the period from August 14 to August 21, 2026, the register of members and transfer books will remain closed.

Financial Performance and Operational Highlights

Alkali Metals Limited’s profitability was bolstered by a substantial increase in operating profit before finance charges, depreciation, and taxation (PBDIT), which rose to ₹833.70 lakhs from ₹92.79 lakhs in FY25. This improvement occurred despite higher variable costs and overheads, which management attributes to broader economic headwinds. The company incurred research and development expenditure of ₹125.03 lakhs during the year, focusing on new product development and process optimization.

Exports remained a critical component of the business, accounting for approximately 49% of total turnover. Net foreign exchange earnings stood at ₹34.76 crores. The company sold 1,235 metric tons of finished products, with Sodium Derivatives contributing roughly 83% of total sales volume. Pyridine Derivatives and Fine Chemicals accounted for the remaining share, with the latter segment showing encouraging growth due to increasing market acceptance.

Governance and Director Appointments

The AGM will address several key governance matters, including the reappointment of directors retiring by rotation: Ms. Y. Lalithya Poorna and Dr. J.S. Yadav. A special resolution seeks approval for the reappointment of Sri Y.S.R. Venkata Rao as Managing Director for three years, effective May 1, 2027. As he has attained the age of 75, this appointment requires shareholder consent under Section 196 of the Companies Act, 2013. His proposed remuneration includes a basic pay of ₹9,07,500 per month and a commission of 5% on profits.

Additionally, shareholders will vote on the appointment of Mr. Y.V. Prashanth as Executive Director for three years, effective June 1, 2026, as part of the succession plan. His proposed monthly basic pay is ₹6,67,000. An ordinary resolution will also appoint Sri Sivarama Prasad Bhamidi as an Independent Non-Executive Director for five years, commencing July 20, 2026, following the resignation of Sri Murali Krishna Chevuturi.

Compliance and Audit Observations

The statutory auditors, M/s. J V S L & Associates, issued an unmodified opinion on the financial statements. However, the Secretarial Audit Report highlighted a one-day delay in uploading the Annual Report on stock exchange websites, for which the company paid a penalty. The company has since implemented measures to ensure timely compliance with SEBI Listing Obligations and Disclosure Requirements Regulations. Remote e-voting facilities are provided through Central Depository Services (India) Limited (CDSL), with the voting period open from August 18 to August 20, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE773I01017/ad9c9be7-ac4a-4bd3-bca1-72153a9086c7.pdf