Dolfin Rubbers has confirmed Wednesday, September 9, 2026, as the date for its 31st Annual General Meeting (AGM). The company issued an intimation to the Bombay Stock Exchange setting Monday, August 31, 2026, as the cut-off date for determining shareholder eligibility for voting and dividend rights. The share transfer books will remain closed from Tuesday, September 1, 2026, to Wednesday, September 9, 2026 (both days inclusive), in compliance with Section 91 of the Companies Act, 2013, and Regulation 42(2) of the SEBI LODR Regulations, 2015.

Financial Performance Update

The AGM notice includes the audited financial statements for the fiscal year ended March 31, 2026. Dolfin Rubbers reported a sales turnover of ₹1,697.5 crore (₹16,975.44 lakh), marking an increase from ₹1,435.9 crore (₹14,358.58 lakh) in the previous year. The company earned a profit after tax of ₹55.4 crore (₹553.86 lakh), compared to a profit of ₹51.2 crore (₹512.49 lakh) in the prior period.

Governance Appointments

Shareholders will vote on several governance-related resolutions. The board seeks approval for the re-appointment of Mr. Surinder Pal Singh as Joint Managing Director for a five-year term commencing November 1, 2026. His total remuneration is fixed at ₹2.5 lakh per month, including perquisites such as house rent allowance, conveyance, and other benefits. In the event of inadequate profits, he will be entitled to this minimum remuneration.

The meeting will also see the appointment of two new non-executive independent directors:

• Mr. Satinder Singh Kohli: A marketing professional with 15 years of experience.
• Mrs. Soni Rani: An education sector veteran with over 12 years of experience.

Both directors will serve five-year terms starting from August 13, 2026, and are not liable to retire by rotation. Additionally, shareholders will ratify the remuneration of M/s. Anju Pardesi as Cost Auditor for FY27 at a fee of ₹28,000 plus out-of-pocket expenses. Mr. Kanwaljit Singh, Whole-Time Director, retires by rotation and offers himself for re-appointment.

E-Voting Schedule

Pursuant to Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI LODR Regulations, Dolfin Rubbers has enabled electronic voting via NSDL for shareholders holding shares as on August 31, 2026. The e-voting facility will be active during the following window:

The physical meeting will convene at the company’s registered office at 26 A, Bhai Randhir Singh Nagar, Ludhiana-141012, Punjab, at 10:30 am. Mrs. Pooja Damir Miglani of PDM & Associate has been appointed as the scrutinizer for the e-voting process.

Dolfin Rubbers reported robust top-line growth for the financial year ended March 31, 2026, with total turnover rising 18.2% to ₹1,697.5 crore from ₹1,435.9 crore in FY25. The Ludhiana-based manufacturer of auto tubes and tyres saw its net profit after tax (PAT) increase 8.1% to ₹55.4 crore, compared to ₹51.2 crore in the prior year.

The revenue expansion was driven by increased sales volumes and the commencement of automotive tyre production, including tubeless and tube-type variants for mopeds to giant vehicles. Other income more than doubled to ₹95.2 lakh from ₹42.5 lakh, contributing to the improved bottom line despite a rise in finance costs.

Financial Performance

The company’s profit before tax stood at ₹703.1 lakh, a slight decline from ₹717.4 lakh in FY25, primarily due to higher finance costs and depreciation. However, a lower effective tax rate of 21.2% (down from 28.6%) helped cushion the post-tax profit.

Strategic Developments

Dolfin Rubbers has expanded its product portfolio by starting the production of automotive tyres across multiple segments, including two-wheelers, three-wheelers, and agriculture vehicles. This diversification aims to capture growing demand in both original equipment and replacement markets.

The Board of Directors decided not to recommend any dividend for FY26. Instead, the entire profit was retained in the Reserve and Surplus Account, bringing the General Reserve to ₹288.9 crore. This capital retention strategy supports future capacity expansion and operational efficiency improvements.

Governance Changes

At the upcoming Annual General Meeting on September 9, 2026, shareholders will vote on several key governance matters:

• Re-appointment of Mr. Kanwaljit Singh as Whole-time Director.
• Re-appointment of Mr. Surinder Pal Singh as Joint Managing Director for five years, with a monthly remuneration of ₹2.5 lakh including perquisites.
• Appointment of Mr. Satinder Singh Kohli and Mrs. Soni Rani as Non-Executive Independent Directors.

Foreign exchange earnings rose significantly to ₹174.2 lakh from ₹125.1 lakh in FY25, reflecting stronger export performance. Meanwhile, imports of raw materials increased to ₹50.2 lakh, indicating higher production activity.