deepak spinners will conduct its Annual General Meeting (AGM) on Thursday, August 13, 2026, at 4.00 p.m. through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company has stated that the notice for the AGM and the Annual Report will be sent exclusively in electronic mode to members whose email addresses are registered with the company or its Depository Participants. These documents will also be available on the company’s website and the stock exchange’s platform.

The announcement follows compliance with multiple Ministry of Corporate Affairs (MCA) circulars, including General Circular No 03/25 dated September 22, 2025, and Regulation 36 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that physical copies of the Annual Report and AGM Notice will not be dispatched, necessitating that members ensure their contact information is current.

Eligible members are requested to update their KYC details, specifically contact information and bank account numbers, with the company or their Depository Participants. This update is critical to ensure the Annual Report and AGM Notice are delivered to the correct email address. The relevant forms for KYC updation can be downloaded via a specific link provided by the company.

Once completed, the original KYC updation forms must be submitted to the Registrar and Transfer Agents, M/s. Maheshwari Datamatics Pvt. Ltd., located in Kolkata. The company has advised shareholders to complete this process well in advance to avoid any issues in receiving statutory communications.

Key AGM Details

Submission Instructions

Deepak Spinners returned to profitability in the financial year ended March 31, 2026, posting a net profit of ₹364 lakh compared to a net loss of ₹1,019 lakh in the previous year. Revenue from operations for the year rose to ₹53,416 lakh from ₹52,407 lakh in FY25. The company’s Board of Directors approved the audited financial results for the year at a meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the company reported a profit after tax of ₹247 lakh, a significant improvement from the loss of ₹65 lakh recorded in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹12,076 lakh, slightly lower than the ₹12,150 lakh reported in the same period last year. Total income for the quarter was ₹12,224 lakh.

Financial Performance

The company’s total expenses for FY26 decreased to ₹53,379 lakh from ₹54,034 lakh in the previous year. Finance costs were reduced to ₹274 lakh from ₹377 lakh in FY25. The profit before tax for the year stood at ₹483 lakh, a turnaround from the loss before tax of ₹1,397 lakh in the preceding year.

The following table summarizes the financial results for the quarter and year ended March 31, 2026:

Audit and Governance

M/s. Salarpuria & Partners, Chartered Accountants, the statutory auditors of the company, issued an audit report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The auditors confirmed that the financial results give a true and fair view of the company's financial position in conformity with the recognition and measurement principles laid down in the applicable accounting standards.

The meeting of the Board of Directors commenced at 1:00 p.m. and concluded at 2:30 p.m. on May 26, 2026. The company stated that the date of the Annual General Meeting and the book closure date would be intimated separately.