CHL Limited has announced that its 47th Annual General Meeting (AGM) will be held on Thursday, September 3, 2026, at 12:30 PM IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), with the venue deemed to be the company’s registered office at Hotel The Suryaa in New Delhi. This schedule allows shareholders to participate remotely while transacting the business outlined in the official notice.

The Register of Members and Share Transfer Books for equity shareholders will remain closed from August 28, 2026, to September 3, 2026, inclusive of both days. This book closure is mandated under Section 91 of the Companies Act, 2013, Rule 10 of the Companies (Management and Administration) Rules, 2014, and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Only shareholders recorded as members during this period are eligible to vote.

In compliance with Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, the company has enabled remote e-voting. Shareholders holding shares in physical or dematerialized form as of the cut-off date, August 27, 2026, may cast their votes electronically. The facility is provided through Central Depository Services (India) Ltd. (CDSL) via the portal www.evotingindia.com .

The timeline for remote e-voting begins on Monday, August 31, 2026, at 10:00 AM and concludes on Wednesday, September 2, 2026, at 5:00 PM. No remote voting will be accepted after this deadline. Shareholders who have not voted remotely may still cast their votes electronically during the AGM session itself. New members who acquired shares after the dispatch of the AGM notice but before the cut-off date can request User IDs and Passwords by emailing helpdesk.evoting@cdslindia.com .

Key Dates and Details

Shareholders already registered with CDSL or NSDL e-voting systems should use their existing credentials. For any queries or grievances related to the e-voting process, investors may contact helpdesk.evoting@cdslindia.com . The detailed procedure for voting is also available on the company’s website and the respective depository portals.

CHL Limited reported a consolidated net profit of ₹1,013.80 lakh for the first quarter ended June 30, 2026 (Q1FY27), marking a significant turnaround from the net loss of ₹82.02 lakh recorded in the corresponding period of FY26. This improvement was primarily driven by non-operating items, specifically a substantial foreign currency translation gain recognized under Other Comprehensive Income (OCI) due to the appreciation of the Tajikistani Somoni against the US Dollar. While the consolidated bottom line surged, standalone operations faced headwinds, with net profit falling 41.6% year-on-year to ₹294.40 lakh despite a modest rise in revenue. Investors should note that the consolidated profitability is largely structural rather than operational, reflecting macroeconomic currency movements rather than core business growth.

The Board of Directors, chaired by Managing Director Luv Malhotra, approved the unaudited financial results at a meeting held on July 30, 2026, in New Delhi. The results were reviewed by the Audit Committee and subsequently submitted to the Bombay Stock Exchange pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors D G A & Co. issued a limited review report, providing moderate assurance that the financial statements are free from material misstatement. The company also highlighted ongoing litigation involving its subsidiary CJSC CHL International regarding a USD 32.50 million term loan from the Export Import Bank of India (EXIM Bank), which remains under implementation via a One Time Settlement (OTS).

Financial Performance Overview

Standalone revenue from operations increased to ₹2,450.77 lakh in Q1FY27, up from ₹2,403.05 lakh in Q1FY26, representing a year-on-year growth of approximately 2.0%. However, total income saw a slight dip due to a decline in other income, which fell to ₹32.67 lakh from ₹43.20 lakh in the previous year. Consequently, standalone profit before tax decreased to ₹405.25 lakh from ₹680.39 lakh. After accounting for tax expenses of ₹11.08 lakh, the net profit for the period stood at ₹294.40 lakh, down from ₹504.01 lakh previously. Earnings per share (EPS) declined to ₹0.54 from ₹0.92.

In contrast, the consolidated figures reflected substantial volatility due to foreign exchange movements. Consolidated revenue from operations remained relatively stable at ₹4,969.86 lakh, compared to ₹3,604.66 lakh in Q1FY26. The key driver for the consolidated bottom line was the OCI component. The subsidiary, CJSC CHL International, recognized foreign exchange gains of ₹11.40 crore from currency appreciation, classified as other income. Additionally, the conversion of assets and liabilities resulted in a ₹35.92 crore gain under OCI-Foreign Currency Translation Reserves, which significantly boosted the total comprehensive income to ₹4,606.64 lakh.

What the Numbers Show

The divergence between standalone and consolidated results highlights the company’s exposure to foreign exchange fluctuations through its Tajikistan subsidiary. While core operational revenue grew steadily by nearly 2% on a standalone basis, the consolidated bottom line was disproportionately influenced by non-cash accounting gains related to currency translation. The ₹35.92 crore OCI gain underscores how macroeconomic factors in emerging markets can significantly impact reported equity and comprehensive income, even when operational cash flows remain stable. Investors should note that the consolidated net profit improvement is largely structural rather than operational, driven by balance sheet revaluation rather than top-line sales expansion.