Deccan Polypacks Limited has clarified that its 42nd Annual General Meeting (AGM) will be held on Saturday, August 29, 2026, correcting a previous mention of Friday in the annual report. Shareholders holding shares as of the cut-off date of August 22, 2026, are eligible to vote. The remote e-voting facility, facilitated by KFin Technologies Pvt Ltd ("KARYV"), will be available from 9:00 AM on August 26, 2026, to 5:00 PM on August 27, 2026. This adjustment in the voting window provides shareholders with an additional day to cast their electronic votes compared to earlier communications.

The meeting is scheduled for 10:30 AM at the company’s registered office located at Plot No. A-40, Road No. 7, IDA, Kukatpally, Hyderabad-500037, Telangana. The Register of members and share transfer books will remain closed from August 22, 2026, to August 28, 2026, both days inclusive. In compliance with Ministry of Corporate Affairs (MCA) Circular No. 17/2020 dated April 13, 2020, and SEBI Circular dated May 12, 2020, the notice of the AGM along with the Annual Report 2025-26 is being sent only through electronic mode to members with registered email addresses.

Governance and Compliance

The Board of Directors has scheduled the AGM to present the financial results for FY26 and seek shareholder approval for key governance matters. Venkata Prudvi Raju Datla, who retires by rotation, offers himself for reappointment as a director. He has served on the board since February 8, 2012. D. Sakuntala serves as the Chief Executive Officer. M/s GMK Associates were appointed as statutory auditors until the conclusion of the AGM in calendar year 2030. Their report contains no adverse remarks, although the Secretarial Audit Report issued by V B S S Prasad notes qualifications regarding compliance.

Financial Context

The AGM comes against a backdrop of continued operational suspension since July 15, 2014. Deccan Polypacks reported a net loss of ₹35.81 lakh for FY26, a deterioration from a net profit of ₹90.52 lakh in FY25. The loss stems from total expenses of ₹35.81 lakh, primarily driven by other expenses including listing fees of ₹28.21 lakh, legal charges of ₹2.89 lakh, and auditor remuneration of ₹0.75 lakh. Cash and bank balances dropped significantly to ₹1.48 lakh from ₹11.00 lakh in FY25, highlighting the pressure on liquidity due to fixed compliance costs in the absence of operational revenue.

Shareholders holding shares in physical form may write to the company or its Registrar and Share Transfer Agents for any changes in their address. Those holding shares in demat form must submit PAN details to their depository participants. Members who have not registered their email addresses are requested to update them with KFin Technologies Pvt Ltd to receive future communications.

Deccan Polypacks reported a net loss of ₹5.83 lakh for the quarter ended June 30, 2026, as the company recorded zero revenue from operations. The loss for the period widened compared to the net loss of ₹2.06 lakh reported in the preceding quarter ended March 31, 2026. The financial performance reflects continued challenges in the company's discontinued operations, with no income generated from business activities during the quarter.

The total expenses for Q1FY27 stood at ₹5.83 lakh, an increase from ₹2.06 lakh in the previous quarter. Other expenses accounted for the majority of the costs at ₹4.93 lakh, up from ₹1.01 lakh in Q4FY26. Employee benefit expenses were recorded at ₹0.90 lakh, while finance costs remained negligible at ₹0.00 lakh. Depreciation and amortisation expenses were nil for the period.

Financial Performance Overview

The company's paid-up equity share capital remained constant at ₹211.50 lakh during the quarter. The basic and diluted earnings per share (EPS) for the quarter were reported at -₹0.28, compared to -₹0.10 in the previous quarter. The statutory auditors have performed a limited review and expressed an unmodified opinion on the results for the quarter.

Segment Reporting

Deccan Polypacks stated that it has one reportable segment as per the requirements of IND AS 108 "Operating Segments". The financial statement was prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Figures for the corresponding previous period have been regrouped or reclassified where necessary to maintain comparability.