D&H India has scheduled its 41st Annual General Meeting for September 30, 2026. The company will seek shareholder approval for the reappointment of its key promoters as directors.

The meeting will be held through Video Conferencing or Other Audio Visual Means (VC/OAVM). The registered office in Mumbai will be deemed the venue. Shareholders can participate remotely, with a cut-off date of September 23, 2026, for voting entitlements.

Key Resolutions

The agenda includes ordinary and special businesses. Key items involve:

• Adopting standalone and consolidated audited financial statements for FY26.
• Ratifying remuneration for cost auditors M/s Shivangi Bhavin Shah & Co.
• Reappointing Mr. Harsh Vora as Chairman and Managing Director.
• Reappointing Mr. Saurabh Vora as Whole-time Director.

Director Reappointments

Shareholders are asked to approve the reappointment of two executive directors from the promoter group for a further term of three years, effective October 1, 2026.

Both directors received gross remuneration of ₹240 lakh in FY25-26. The proposed package includes salary, allowances, and perquisites such as house rent, medical reimbursement, and group insurance. In case of no profit or inadequate profits, this amount shall be considered the minimum remuneration payable.

Financial Performance

The company reported revenue from operations of ₹25,269.29 lakh for the year ended March 31, 2026. It earned a profit before tax of ₹1,126.02 lakh during the same period.

Cost Auditor Appointment

The Board has appointed M/s Shivangi Bhavin Shah & Co., Ahmedabad, as cost auditors for FY27. Shareholders must ratify the payment of remuneration amounting to ₹1,25,000 plus applicable taxes and out-of-pocket expenses at actuals.

Voting Details

Remote e-voting is available from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. The facility is provided by Central Depository Services (India) Limited (CDSL). Members holding shares in demat mode can vote through their depository accounts.

D&H India reported a standalone net profit of ₹198.34 lakh for the quarter ended June 30, 2026, marking a 48% increase from the ₹134.08 lakh recorded in the same period last year. The company also issued a clarification to the BSE regarding a procedural omission in its initial filing.

The manufacturer of precision components saw revenue from operations rise 25% year-on-year to ₹6,596.47 lakh. This growth was supported by higher sales volumes, which drove total income to ₹6,635.61 lakh compared to ₹5,308.41 lakh in Q1FY26. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 12, 2026.

What the Numbers Show

While top-line growth was robust, operating margins faced pressure from specific cost headwinds. Employee benefits expenses surged 43% to ₹799.01 lakh, significantly outpacing revenue growth. This increase was largely driven by a one-time past service cost recognition of ₹121.63 lakh related to the new Labour Codes. Despite this, finance costs declined 47% to ₹66.78 lakh, providing some offset to the rising operational expenses.

Regulatory Clarification

On September 3, 2026, D&H India submitted a reply to the BSE under Regulation 33(2)(b) of the SEBI LODR Regulations. The exchange had flagged discrepancies in the initial financial results submission. The company confirmed that the results were duly signed by the Chairman & Managing Director but inadvertently omitted the signatory’s name and designation on the financial results page. The re-submitted documents now include these details.

Key Developments

• Rights Issue Utilization: The company fully utilized proceeds of ₹2,456.40 lakh from a rights issue completed in February 2026 towards stated objects before March 31, 2026.
• Labour Code Impact: Under Ind AS 19, the company recognized an incremental gratuity liability of ₹121.63 lakh as a past service cost due to changes in wage definitions under the new Labour Codes effective November 2025.
• Auditor Review: ABN & Co., Chartered Accountants, reviewed the standalone and consolidated financial results. They expressed no material misstatement concerns regarding the compliance with Ind AS 34.