Finolex Industries Limited has published newspaper advertisements regarding a special window for re-lodgement of physical share transfer requests, pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/3750/2026 dated January 30, 2026.

Special Window Details

The company has opened a special window for a period of one year from February 05, 2026 till February 04, 2027, for re-lodging share transfer requests that were originally submitted before April 1, 2019 but were rejected, returned, or left unattended due to documentation or procedural deficiencies.

Eligibility Criteria

The facility is specifically for lodgement of physical securities transfer and dematerialization which were sold/purchased prior to April 01, 2019. The company has provided a clear matrix for applicability:

Transfer Conditions

Only requests accompanied by original certificates along with transfer deeds and relevant supporting documents will be considered under this special window. The securities transferred will be mandatorily credited to the transferee only in demat mode and will remain under lock-in for one year from the date of registration of transfer.

Regulatory Compliance

The notice was published in Financial Express (All India edition) and Loksatta (Pune edition) on March 17, 2026, ensuring compliance with regulatory requirements. The information is also hosted on the company's website at https://www.finolexpipes.com/investors/compliance-report/ .

Contact Information

For queries regarding this matter, shareholders can contact the company's Registrar and Share Transfer Agents, KFin Technologies Limited, at their Hyderabad office. The regulatory filing was submitted by Dakshinamurthy Iyer, Company Secretary & Head Legal of Finolex Industries Limited.

This initiative demonstrates the company's commitment to facilitating shareholder services while ensuring compliance with SEBI regulations for physical share transfers.

Finolex Industries Limited conducted its Q3FY26 earnings conference call on February 02, 2026, presenting a mixed performance with notable profitability improvements despite volume challenges. The company's results reflect the impact of seasonal factors and raw material price dynamics on the PVC pipes and fittings industry.

Quarterly Performance Overview

The third quarter of FY26 showed contrasting trends between volume performance and profitability metrics. While operational volumes faced headwinds, the company's margin profile improved significantly due to favorable raw material cost dynamics and operational efficiencies.

Managing Director Udipt Agarwal attributed the volume decline primarily to monsoon season impacts, while highlighting that operating performance showed notable improvement supported by softening raw material prices and ongoing operational efficiency initiatives.

Nine-Month Performance Analysis

For the nine months ended December 2025, the company demonstrated resilience with improved profitability metrics across key parameters. The period reflected similar trends to the quarterly performance, with volume pressures offset by margin expansion.

*Excluding exceptional gain of ₹407 crores in FY25

Product Mix and Market Dynamics

The company's product portfolio showed strategic shifts during the quarter, with management highlighting improved performance in specific segments:

• Agricultural vs Non-Agricultural: 62% agricultural, 38% non-agricultural segment mix
• CPVC Share: 8% of total volume, showing continued growth trajectory
• Fittings Segment: 12% of total volume
• PVC/EDC Spread: Averaged $156 during Q3FY26

The higher share of non-agricultural segment contributed to better realization and pricing stability during the quarter, according to management commentary.

Raw Material Price Environment

CFO Chandan Verma explained the company's cost advantage through backward integration, with approximately 65-70% of raw material requirements met through in-house PVC resin manufacturing. This integration provided cost benefits during the quarter as PVC prices reached historically low levels of around $600 per metric ton.

Management noted that PVC prices had begun recovering toward the end of December 2025, with current levels in the $650-660 range, representing an 8-9% improvement from the quarter's lows.

Financial Position and Outlook

The company maintains a robust balance sheet with net cash surplus of ₹2,430 crores as of December 31, 2025. Management indicated expectations for flattish to slight volume growth for the full financial year, with traditional Q4 demand pickup anticipated.

For capacity expansion, the company continues its regular capex program of ₹100-200 crores annually to support growth requirements. Management emphasized maintaining market share while focusing on profitable growth strategies going forward.