Garlon Polyfab Industries Limited will hold its 35th Annual General Meeting on Wednesday, September 30, 2026, at 11:00 am at its registered office in Kanpur. The Board of Directors approved the notice and agenda during a meeting held on September 7, 2026.

Shareholders eligible to vote must be registered as members as of the cut-off date, Wednesday, September 23, 2026. The Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026, inclusive.

Remote e-voting schedule

The company has enabled remote e-voting facilities for shareholders to cast their votes electronically prior to the meeting. The voting period commences on Sunday, September 27, 2026, at 9:00 am and concludes on Tuesday, September 29, 2026, at 5:00 pm. Mr. Prakash Pandey, Company Secretary, has been appointed as the scrutinizer for the e-voting process.

Key agenda items

Members will consider and adopt the audited standalone financial statements for FY26. The agenda also includes the re-appointment of Mr. Deendayal Katare Gupta as a Director liable to retire by rotation. Additionally, shareholders will vote on the appointment of M/s S N D K & Associates LLP as Statutory Auditors for a five-year term and M/s Prakash Pandey & Co. as Secretarial Auditors for a similar period.

The regularization of Ms. Snehlata Tripathi’s appointment as a Non-Executive Woman Director is another key resolution. She was initially appointed as an Additional Director with effect from July 7, 2026.

What the Numbers Show

The company remains non-operational with zero revenue from operations recorded in both FY26 and FY25. However, the financial position shifted significantly due to non-operating items. In FY26, the company reported a net profit of ₹12,398.60 compared to a loss of ₹3,24,956.90 in FY25. This turnaround was driven entirely by "Other Income" of ₹3,85,000.00, which consisted of balance write-offs, against total expenses of ₹3,72,601.40. In the previous year, other income was nil, resulting in a loss equal to total expenses. The absence of operational revenue highlights the company's continued status as a dormant entity seeking viable business options.

Garlon Polyfab Industries Limited reported a net profit of ₹12,399 for FY26, marking a turnaround from the net loss of ₹3,24,957 recorded in the previous year. The company has issued the notice for its 35th Annual General Meeting (AGM) scheduled for September 30, 2026.

The Board of Directors approved the financial statements and key appointments during a meeting held on September 7, 2026. Shareholders can exercise remote e-voting from September 27 to September 29, 2026.

Financial Performance

The company recorded zero revenue from operations for both FY26 and FY25. The shift to profitability was driven entirely by other income, which stood at ₹3,85,000 in FY26 compared to nil in the prior year. This income offset total expenses of ₹3,72,601, resulting in the net profit.

Auditor Appointments

The AGM agenda includes the appointment of M/s. S N D K & Associates LLP as Statutory Auditors for five years, replacing the retiring M/s. P. D. Agrawal & Co. Additionally, M/s. Prakash Pandey & Co. will be appointed as Secretarial Auditors for a five-year term commencing from FY25-26.

Corporate Governance

Mr. Deendayal Katare Gupta is liable to retire by rotation and seeks re-appointment as a Non-Executive Director. The company disclosed that its trading remains suspended on BSE Limited, with management stating it is making efforts to revoke the suspension after clearing dues.

What the Numbers Show

The company’s entire income for FY26 originated from non-operational sources. With zero revenue from operations, the reported profit reflects a balance sheet adjustment rather than core business activity, consistent with the disclosure that manufacturing operations have ceased since 1998.