Dhanlaxmi Cotex Limited will hold its 40th Annual General Meeting on Tuesday, September 29, 2026. The meeting is scheduled to commence at 11:30 am and will be conducted exclusively through video conferencing or other audio-visual means.

The company issued a pre-newspaper publication notice on August 29, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was published in Business Standard in English and Mumbai Mitra in Marathi.

Meeting Logistics and Participation

Members can participate in the AGM remotely. Those joining through the video conferencing facility will be counted toward the quorum under Section 103 of the Companies Act, 2013. The company will not send hard copies of the notice to members.

Electronic copies of the AGM notice and the Annual Report for FY26 will be dispatched to shareholders who have registered their email addresses with the company’s Registrar and Transfer Agent or Depository Participants. Shareholders without registered emails will receive a letter containing the web link to access these documents.

E-Voting and Document Access

The e-voting process will be facilitated by Central Depositories Services (India) Limited. Detailed instructions for remote e-voting and voting during the meeting are outlined in the AGM notice. The documents are also available on the company’s website and the Bombay Stock Exchange portal.

Shareholders holding physical shares must register their email addresses by sending a signed request letter, a self-attested PAN card copy, and an address proof document to the designated email addresses provided in the notice. Electronic shareholders are advised to update their details with their respective Depository Participants.

Dhanlaxmi Cotex Limited reported a narrowed net loss of ₹51.99 lakhs for the quarter ended June 30, 2026 (Q1FY27), compared to a net loss of ₹74.59 lakhs in the corresponding period of the previous year. The improvement was driven by a significant surge in revenue from operations, which rose to ₹584.17 lakhs from ₹158.45 lakhs in Q1FY26, reflecting heightened activity in its trading segments. This performance marks a step toward stabilizing the company’s operational efficiency, although it continues to operate at a net loss.

Financial Performance: Q1FY27 at a Glance

Total income for the quarter stood at ₹596.40 lakhs, up from ₹135.28 lakhs in Q1FY26. However, total expenses increased to ₹647.87 lakhs from ₹209.82 lakhs, primarily due to higher purchases of stock-in-trade (₹448.75 lakhs) and an increase in stock-in-trade value (₹138.84 lakhs). Depreciation and amortisation expenses also rose to ₹12.02 lakhs from ₹2.52 lakhs. Despite the revenue growth, the company reported a profit before tax loss of ₹51.47 lakhs. The basic and diluted earnings per share improved to ₹(0.11) from ₹(1.53) in the prior year quarter.

Segment-Wise Performance

Dhanlaxmi Cotex operates through two primary segments: Fabrics Trading and Shares Trading. The Fabrics Trading division returned to profitability, recording a segment result of ₹7.26 lakhs, compared to a loss of ₹5.36 lakhs in Q4FY26 and a profit of ₹108.99 lakhs in Q1FY26. Conversely, the Shares Trading division reported a loss of ₹70.96 lakhs, though this was a significant improvement from the loss of ₹160.37 lakhs in Q1FY26. Total net assets across all segments increased to ₹8,117.32 lakhs as of June 30, 2026, from ₹6,928.64 lakhs as of March 31, 2026.

Board Decisions and 40th AGM

Alongside the financial results, the Board recommended the re-appointment of Mrs. Payal Ankur Bankda (DIN: 09483787) as a Director, who retires by rotation and is eligible for re-appointment. The Board also approved the notice for the company's 40th Annual General Meeting, scheduled for September 29, 2026, at 11:30 A.M. via VC/OAVM. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 29, 2026. M/s. Pankaj Trivedi & Co. (COP: 15301) has been appointed as the Scrutinizer for the e-voting process. The cut-off date for remote e-voting is September 22, 2026.

The unaudited financial results were reviewed by DAC & Co., Chartered Accountants (Firm Registration No.: 137035W), pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.