Doms Industries has published the postal ballot notice in newspapers on June 16, 2026, seeking shareholder approval for the re-appointment of Mr. Santosh Raveshia as Managing Director and Mr. Sanjay Rajani as Whole-time Director. The notice was dispatched electronically on June 15, 2026, to shareholders whose names appeared in the Register of Members or List of Beneficial Owners as on the cut-off date of Friday, June 12, 2026. The re-appointments are proposed for a term of five years commencing from January 01, 2027, to December 31, 2031, based on the recommendations of the Nomination and Remuneration Committee.

The remote e-voting facility will be available from 09:00 a.m. I.S.T. on Tuesday, June 16, 2026, until 05:00 p.m. I.S.T. on Wednesday, July 15, 2026. The company has engaged National Securities Depository Limited (NSDL) to facilitate the electronic voting process. The results of the postal ballot, along with the scrutinizer's report, will be announced within two working days from the conclusion of the voting period. The scrutinizer for the process is CS Shreyans Jain of M/s. Shreyans Jain & Co., Company Secretaries, Mumbai.

Re-appointment Details

The Board has recommended a fixed remuneration of ₹ 228.77 lakhs per annum for the financial year 2026-27 for Mr. Santosh Raveshia. For Mr. Sanjay Rajani, the Board has recommended a fixed remuneration of ₹ 155.56 lakhs per annum for the same period. In addition to the fixed remuneration, the Board may approve an incentive of up to 10% of the gross annual salary for the relevant financial year, subject to the achievement of the company's approved business plan.

Director Profiles

Mr. Santosh Raveshia, aged 50, has been associated with the company since its incorporation as a Promoter and Director. He holds 95,62,679 Equity Shares of ₹ 10 each in the company. Mr. Sanjay Rajani, aged 57, has been associated with the company since 2011 as a Promoter and Director and holds 45,38,497 Equity Shares of ₹ 10 each. Both directors satisfy the conditions specified in Part I of Schedule V and Section 196 of The Companies Act, 2013.

DOMS Industries Limited reported its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The company delivered a steady performance for the year, with consolidated revenue growing by 21.6% year-on-year to ₹2,326.4 Cr. Net profit for the year increased by 12.2% to ₹239.6 Cr compared to the previous year. The board also recommended a final dividend of ₹3.65 per equity share for the financial year ended March 31, 2026, subject to shareholder approval.

Consolidated Financial Performance

For the full year FY26, revenue from operations rose to ₹2,326.4 Cr from ₹1,912.6 Cr in FY25. EBITDA for the year stood at ₹402.6 Cr, a growth of 15.5% year-on-year, with an EBITDA margin of 17.3%. Profit after tax (PAT) for the year was recorded at ₹239.6 Cr, compared to ₹213.5 Cr in the prior year, with a PAT margin of 10.3%.

In the fourth quarter of FY26, revenue grew by 18.7% to ₹604.0 Cr from ₹508.7 Cr in the same period last year. Q4 PAT increased by 13.5% to ₹58.2 Cr, while EBITDA for the quarter was ₹100.9 Cr, up 14.4% year-on-year. Key consolidated metrics for the quarter and full year are summarized below:

Operational Highlights and Outlook

The company's growth was supported by stable demand across key product categories, aided by capacity additions and new product introductions. The baby hygiene segment also recorded positive growth, driven by improved capacity utilization. Management noted that while the latter part of the quarter saw increased volatility in raw material prices and supply chain disruptions due to geopolitical developments, calibrated measures including pricing adjustments have been initiated to mitigate the impact on profitability.

Regarding expansion, DOMS Industries is nearing completion of the initial phase of development in its 45-acre+ project. The first building is on track for completion in Q1 FY27, with commercial production expected to commence towards the end of Q2 FY27. This expansion is expected to enhance operating flexibility and support the next phase of growth.