Cravatex Limited to hold 74th AGM via video conferencing

1 min read Updated on 17 Jun 2026, 12:42 PM

Reviewed by

Anirudha BScanX News Team

AI Summary

Cravatex Limited will hold its 74th AGM on July 31, 2026, via video conferencing, complying with MCA and SEBI guidelines. The Annual Report for FY26 will be sent electronically to registered members. Shareholders must update email and bank details to facilitate e-voting and dividend receipt.

*this image is generated using AI for illustrative purposes only.

Cravatex Limited has announced that its 74th Annual General Meeting (AGM) will be held on Friday, July 31, 2026, at 3.30 pm IST via video conferencing. The meeting will be conducted through the National Securities Depositories Limited (NSDL) platform, allowing members to participate without physical presence. This mode of meeting complies with the Ministry of Corporate Affairs (MCA) circular dated September 22, 2025, and relevant SEBI regulations.

The business to be transacted at the AGM is detailed in the notice dated May 15, 2026, which will be circulated along with the Annual Report for the financial year ended March 31, 2026. The company stated that the Notice and Annual Report 2025-26 will be sent electronically only to members whose email addresses are registered with the company or its Depository Participant. These documents will also be accessible on the company’s website, the BSE Limited website, and the NSDL e-voting portal.

To ensure participation, shareholders must have their email IDs registered with the company or Depository Participant. Login credentials for attending the meeting and e-voting will be sent to the registered email addresses. Members who have not yet registered their email IDs are advised to use the provided link to complete the registration process to obtain the Annual Report 2025-26 and e-voting login details.

Cravatex Limited will provide both remote e-voting facilities prior to the meeting and e-voting during the AGM. Members attending via video conferencing will be counted towards the quorum under Section 103 of the Companies Act, 2013. The company emphasized that detailed procedures for casting votes will be included in the AGM notice.

Shareholders are also instructed to update their bank account mandates to receive dividends electronically. For physical shareholdings, members must register bank details with MUFG Intime India Pvt. Ltd. using forms ISR-1 and ISR-2. Those holding shares in demat form must contact their Depository Participant to update email and bank account details permanently.

Historical Stock Returns for Cravatex

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.74%	+10.53%	+16.21%	+2.51%	-9.66%	+32.34%

What key resolutions are expected to be proposed during the AGM that could influence Cravatex's strategic direction?

How might the shift to a fully digital AGM format impact shareholder engagement and voting participation levels?

Will the company provide any forward-looking guidance or growth targets for the upcoming fiscal year during the meeting?

Standalone Financial Performance

On a standalone basis, Cravatex reported total income of Rs.1,648.18 lacs for FY2025-26, up from Rs.1,432.66 lacs in the previous year. Net profit for the year stood at Rs.555.01 lacs, compared to Rs.486.31 lacs in FY2024-25. The following table presents the key standalone financial metrics:

Metric (Rupees in Lacs):	Q4 FY2025-26 (Audited)	Q4 FY2024-25 (Audited)	FY2025-26 (Audited)	FY2024-25 (Audited)
Revenue from Operations:	-	-	709.84	479.59
Other Income:	314.36	143.99	938.34	953.07
Total Income:	314.36	143.99	1,648.18	1,432.66
Total Expenses:	88.97	126.26	1,074.30	893.61
Profit Before Tax:	225.39	17.73	573.88	539.05
Total Tax Expense:	11.62	15.96	18.87	52.74
Net Profit for the Period:	213.77	1.77	555.01	486.31
Basic EPS (Rs.):	8.27	0.07	21.48	18.82

Consolidated Financial Performance

On a consolidated basis, the group reported total income of Rs.16,769.33 lacs for FY2025-26, compared to Rs.18,371.00 lacs in FY2024-25. Consolidated net profit for the year rose to Rs.679.67 lacs from Rs.482.84 lacs in the prior year. The key consolidated financial metrics are summarised below:

Metric (Rupees in Lacs):	Q4 FY2025-26 (Audited)	Q4 FY2024-25 (Audited)	FY2025-26 (Audited)	FY2024-25 (Audited)
Revenue from Operations:	3,951.27	6,052.12	15,087.40	17,376.41
Other Income:	329.54	209.23	1,681.93	994.59
Total Income:	4,280.81	6,261.35	16,769.33	18,371.00
Total Expenses:	4,056.62	6,050.25	15,911.76	17,733.80
Profit Before Tax:	224.19	211.10	857.57	637.20
Total Tax Expenses:	64.11	66.70	177.90	154.37
Net Profit for the Period:	160.08	144.40	679.67	482.84
Basic EPS (Rs.):	6.19	5.59	26.30	18.68

Dividend Recommendation and AGM Details

The Board recommended a final dividend of Rs.13 per share on equity shares of Rs.10 each for FY2025-26, subject to shareholder approval. If approved, the dividend will be paid within 30 days from the date of the AGM. The 74th Annual General Meeting is scheduled for Friday, July 31, 2026, via Video Conferencing. The Register of Members and Share Transfer Books will remain closed from Saturday, July 25, 2026 to Friday, July 31, 2026.

Secretarial Auditor Appointment

The board appointed M/s Hemanshu Kapadia & Associates, Practicing Company Secretaries, as Secretarial Auditors for FY2026-27. The firm is led by Mr. Hemanshu Kapadia, a qualified Practicing Company Secretary with approximately three decades of experience.

Historical Stock Returns for Cravatex

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.74%	+10.53%	+16.21%	+2.51%	-9.66%	+32.34%

What strategic initiatives is Cravatex planning to reverse the ~13% decline in consolidated revenue from operations, given the drop from Rs.17,376 lacs to Rs.15,087 lacs in FY2025-26?

How sustainable is Cravatex's growing reliance on 'Other Income' at the standalone level, where it constitutes over 56% of total income, and what does this signal about the core business trajectory?

With the dividend payout increasing to Rs.13 per share, how will Cravatex balance shareholder returns against potential reinvestment needs to revive operational revenue growth?