Borosil Renewables Limited has scheduled its 63rd Annual General Meeting (AGM) for Thursday, August 27, 2026, at 11:00 a.m. IST. The meeting will be conducted through Video Conferencing (VC) facilities, adhering to the applicable circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). This procedural update ensures shareholders can participate remotely while maintaining regulatory compliance.

In compliance with MCA and SEBI guidelines, the Annual Report for the financial year 2025-26, including the Notice of the AGM, will be sent electronically to all shareholders holding shares as on Friday, July 24, 2026, whose email addresses are registered with the Registrar and Transfer Agent or Depositories. The report and notice will also be available on the company’s website at www.borosilrenewables.com .

For shareholders who do not have registered email addresses with the Registrar and Transfer Agent or Depositories as of the record date, the company will send letters containing a web link to access the Annual Report and AGM Notice. This measure is taken in compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring equitable access to information for all stakeholders.

The company is providing shareholders with the facility to exercise their voting rights through electronic means, encompassing both remote e-voting and e-voting during the AGM. The remote e-voting window will commence on Monday, August 24, 2026, at 09:00 a.m. IST and conclude on Wednesday, August 26, 2026, at 05:00 p.m. IST. Detailed instructions on casting votes via the e-voting facility, attending the AGM through VC, and updating email or bank account details are provided in the Notice of the AGM.

Eligibility to avail the e-voting facility and attend the AGM is restricted to shareholders whose names appear in the Register of Members or the Register of Beneficial Owners maintained by the Registrar and Transfer Agent or Depositories as on the cut-off date of Thursday, August 20, 2026. Voting rights will be proportional to the shareholding in the paid-up share capital as of this cut-off date.

Key Dates and Details

The announcement was signed by Kishor Talreja, Company Secretary & Compliance Officer, on July 28, 2026.

Borosil Renewables returned to profitability in the quarter ended June 30, 2026, reporting a standalone net profit of ₹87.71 crore. This marks a significant recovery from the net loss of ₹27.23 crore recorded in the same period of the previous year. Revenue from operations for the quarter stood at ₹405.69 crore, an increase of 22.1% from ₹332.26 crore in Q1FY26, driven by higher average selling prices and operational efficiency.

The Board of Directors approved the unaudited standalone and consolidated financial results at its meeting held on July 16, 2026. The statutory auditors, Chaturvedi & Shah LLP, conducted a limited review of these results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published these results in Business Standard and Sakaal on July 17, 2026.

Standalone Financial Performance

The company's total income for Q1FY27 was ₹419.68 crore, up from ₹337.78 crore in the corresponding quarter of the previous year. Total expenses for the quarter were ₹301.33 crore, compared to ₹271.23 crore in Q1FY26. Profit before tax for the period was ₹118.35 crore, a sharp turnaround from the loss before tax of ₹25.94 crore in the prior year. Basic earnings per share (EPS) for the quarter were reported at ₹6.25, compared to a loss per share of ₹20.54 in the same quarter last year.

The following table summarizes the key standalone financial metrics for the quarter:

Consolidated Results

On a consolidated basis, Borosil Renewables reported a net profit of ₹86.64 crore for Q1FY27, recovering from a net loss of ₹20.35 crore in Q1FY26. Consolidated revenue for the quarter came in at ₹405.69 crore, compared to ₹346.58 crore in the same period of the previous year. Total consolidated income rose to ₹419.68 crore from ₹352.86 crore in the previous year. Profit attributable to the owners of the company was ₹86.84 crore.

Key Developments

During the quarter, the company received ₹3.75 crore from warrant holders upon the exercise of rights. Consequently, 94,338 fully paid-up equity shares of Re. 1 each were allotted. This increased the paid-up equity share capital by ₹0.01 crore and securities premium by ₹4.99 crore. The company also highlighted that its EBITDA margin has consistently stayed above 33% for the fourth consecutive quarter, supported by a new solar wind hybrid captive power plant commissioned in March 2026.