AMS Polymers Limited has dispatched the notice for its 41st Annual General Meeting (AGM) along with the integrated annual report for FY26. The company informed shareholders that electronic copies are being sent to those with registered email addresses.

Shareholders whose email addresses are not registered with the company, Registrar and Transfer Agent (RTA), or depositories have been sent a physical letter. This communication provides a weblink and QR code to access the AGM notice and annual report online, in compliance with Regulation 36(1)(b) of the SEBI Listing Regulations.

AGM Schedule and E-Voting Details

The 41st AGM is scheduled to be held on Wednesday, September 30, 2026, at 9:30 am through an e-voting facility. Shareholders can cast their votes during the designated e-voting window.

Accessing Annual Report

Shareholders without registered emails can access the documents via the company's website at the provided weblink or by scanning the QR code included in the letter. The annual report is also available on the BSE Limited website. Shareholders seeking a physical copy of the FY26 annual report may write to the company with their Folio No., DP ID, and Client ID.

Updating Shareholder Details

The company advised shareholders to update their contact and bank details to ensure future communications are received electronically.

• Physical Holding: Send a request to the RTA, MAS Services Limited, using Form ISR-1 available on their website or via email.
• Demat Holding: Contact the Depository Participant to update email, address, and bank details for potential NACH dividend payments.

AMS Polymers has scheduled its 41st Annual General Meeting (AGM) for September 30, 2026. The Board of Directors approved the company’s FY26 financial statements and authorized borrowing powers in a meeting held on September 3, 2026.

The company notified the BSE Limited that its Register of Members and Share Transfer Books will remain closed from September 24 to September 30, 2026 (both days inclusive) for the purpose of the AGM. This book closure period aligns with the eligibility criteria for shareholders on record during these dates.

The AGM will be held at 9:30 am at the company’s registered office in Delhi. E-voting is open from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. National Securities Depository Limited (NSDL) will handle the e-voting process, with M/s. Kundan Agrawal & Associates appointed as the scrutinizer.

Financial Performance for FY26

The company reported a total income of ₹10,963.34 lakh for FY26, an increase from ₹10,096.59 lakh in the previous year. Profit before tax stood at ₹111.20 lakh, compared to ₹101.59 lakh in FY25. After tax provisions of ₹31.98 lakh and deferred tax liabilities of ₹0.39 lakh, the profit after tax was ₹78.83 lakh, up from ₹77.02 lakh in FY25.

Due to insufficient profits, the directors did not recommend a dividend or transfer any amount to reserves for the year under review.

Key Corporate Actions

Shareholders will vote on several special resolutions at the upcoming AGM:

• Borrowing Limit: Empower the board to borrow up to ₹20 crore under Section 180(1)(c) of the Companies Act, 2013.
• Related Party Transactions: Approve transactions with related parties, including sales/purchases with Annu Industries Pvt. Ltd. (up to ₹150 crore), AMS Specialities Pvt. Ltd. (up to ₹50 crore), and unsecured loans to Shreshtha Securities Pvt. Ltd. (up to ₹10 crore) and certain directors (up to ₹1.5 crore each).
• Auditor Appointment: Appoint M/s. KVA & Company as statutory auditors for five years, following the resignation of M/s. Roshan Agrawal & Associates due to pre-occupation.
• Loans and Investments: Authorize loans, investments, or guarantees up to ₹15 crore under Section 185 and ₹20 crore under Section 186 of the Companies Act, 2013.

What the Numbers Show

While revenue grew by approximately 8.6%, net profit increased marginally by 2.4%. This divergence suggests operating margins remained thin despite higher sales volumes. The company’s total assets decreased from ₹736,125.55 thousand in FY25 to ₹500,743.02 thousand in FY26, driven primarily by a significant reduction in trade receivables from ₹557,914.04 thousand to ₹427,367.09 thousand. This improvement in working capital efficiency contrasts with the modest growth in bottom-line profitability.

Auditor Changes

M/s. Roshan Agrawal & Associates resigned as statutory auditors effective June 30, 2026. The board appointed M/s. KVA & Company to fill the casual vacancy, subject to shareholder approval for a five-year term commencing from the conclusion of the current AGM until the 46th AGM.