Dutron Polymers has scheduled its 45th Annual General Meeting (AGM) for September 18, 2026, to approve a proposed dividend of ₹1.50 per equity share for FY26. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (OAVM).

The company notified the Bombay Stock Exchange of the AGM intimation published in Western Times on August 26, 2026. The Notice of the AGM along with the Annual Report for FY26 is being sent electronically to members with registered email addresses. These documents are also available on the company website and the BSE platform.

Key Agenda Items

The primary business items for the AGM include:

• Adoption of Financial Statements: Shareholders will receive, consider, and adopt the audited Balance Sheet as at March 31, 2026, along with the Statement of Profit and Loss, Cash Flow Statement, and reports from the Board and Auditors.
• Dividend Declaration: The Board recommends declaring a final dividend of ₹1.50 per equity share of ₹10 face value, payable out of profits for FY26.
• Reappointment of Director: Shri Rasesh H. Patel (DIN: 00226388), Managing Director, retires by rotation and offers himself for reappointment. He has attended all six board meetings in FY25-26.
• Cost Auditor Remuneration: Approval of remuneration of ₹55,000 plus applicable taxes and expenses to M/s. R J & Associates as Cost Auditors for FY27.

E-Voting Details

Shareholders can exercise their voting rights through remote e-voting facilitated by Central Depository Services (India) Limited (CDSL). The voting window opens on September 15, 2026, at 11:00 am and closes on September 17, 2026, at 5:00 pm. Members who have not voted remotely can vote during the AGM if they attend via VC/OAVM.

Dividend and TDS Compliance

If the dividend is approved at the AGM, the company may deduct Tax Deducted at Source (TDS). Eligible members must submit Form 121 to investor@dutronindia.com by September 11, 2026, at 5:00 pm to avoid deduction. Late submissions will not be considered.

Shareholders must update their PAN details with the Company or Depository Participants on or before September 11, 2026, by 5:00 pm. Failure to do so may result in TDS being deducted at a higher applicable rate. The record date for determining eligibility to vote and receive the dividend is September 11, 2026.

Shareholder Updates

Members holding shares in physical mode should update their email and bank details with the Registrar and Share Transfer Agent, MUFG Intime India Private Limited. Demat holders must update these details with their respective Depository Participants. For queries, shareholders can contact the company or the R&TA via email.

Dutron Polymers reported a net profit of ₹70.32 lakh for the quarter ended June 30, 2026, a decline of 19.2% from ₹87.04 lakh in the corresponding period of FY25. Despite the drop in profitability, revenue from operations grew 1.5% year-on-year to ₹2,734.08 lakh, up from ₹2,694.11 lakh in Q1FY25.

The Ahmedabad-based manufacturer’s Board of Directors approved the unaudited standalone financial results on August 12, 2026. The results were reviewed by the Audit Committee on August 11 and subjected to a limited review by statutory auditors Krutesh Patel & Associates, who issued an unqualified opinion. The company also disclosed its equity share capital remains at ₹600.00 lakh.

Financial Performance

The company’s total income stood at ₹2,748.37 lakh, compared to ₹2,708.43 lakh in the previous year’s quarter. While revenue grew modestly, operating expenses increased by 2.4% to ₹2,658.42 lakh from ₹2,597.35 lakh.

Basic earnings per share (EPS) fell to ₹1.17 from ₹1.45 in the same quarter last year. Finance costs decreased slightly to ₹10.51 lakh from ₹14.48 lakh, while employee costs remained relatively stable at ₹199.32 lakh. For context, the preceding quarter (Q4FY26) saw a net profit of ₹49.28 lakh and total income of ₹2,319.21 lakh.

What the Numbers Show

A divergence between top-line growth and bottom-line contraction is visible in the Q1FY26 results. While revenue expanded by 1.5%, net profit declined by nearly 20%. This suggests that cost pressures outpaced revenue growth during the quarter. Specifically, total expenses rose at a faster rate (2.4%) than revenue, squeezing margins. The profit before tax fell to ₹89.95 lakh from ₹111.08 lakh, indicating that operational efficiencies did not fully offset the higher expense base relative to income.

Corporate Governance Updates

Alongside the financial results, the Board approved several administrative matters:

• The draft notice for the 45th Annual General Meeting (AGM), scheduled for September 18, 2026, via video conferencing.
• Record date for AGM eligibility set as September 11, 2026, with book closure from September 12 to September 18, 2026.
• Appointment of Mrs. Jolly Krutesh Patel, Practicing Company Secretary, as the scrutinizer for the AGM voting process.
• Approval of the Draft Director’s Report, including the Corporate Governance Report and Management Discussion and Analysis.

The company operates in a single business segment: manufacturing of plastic pipes. Previous period figures have been regrouped to ensure comparability with the current period presentation.