Gloster Limited will hold its 104th Annual General Meeting (AGM) on Friday, August 7, 2026, at 11:00 AM IST via Video Conferencing and Other Audio Visual Means (VC/OAVM). The Board recommends a final dividend of 200%, or ₹20 per equity share of face value ₹10 each, for the financial year ended March 31, 2026, subject to shareholder approval. The meeting will transact business including the adoption of financial statements and the appointment of statutory auditors.

The company has fixed July 3, 2026, as the Record Date to determine shareholder eligibility for the dividend. Members holding shares in demat or physical form as of the close of business hours on July 31, 2026, will be entitled to vote through remote e-voting or during the AGM. The remote e-voting period commences on August 4, 2026, at 9:00 a.m. and concludes on August 6, 2026, at 5:00 p.m.

Pursuant to Regulation 47 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, Gloster Limited has intimated the exchanges regarding the publication of the Notice of AGM and Remote e-Voting Information. The advertisement was published in the Kolkata edition of Business Standard (English) and Ajkal (Bengali).

Key Resolutions

The AGM will consider the appointment of M/s Singhi & Co., Chartered Accountants (Firm Registration No. 302049E), as Statutory Auditors for a term of five years from the conclusion of the 104th AGM until the conclusion of the 109th AGM. The proposed remuneration for audit services for the financial year 2026-27 is ₹42,00,000 plus applicable taxes and out-of-pocket expenses. Additionally, the Board seeks ratification for the remuneration of Cost Auditors M/s. D. Radhakrishnan & Company at ₹90,000 plus applicable taxes for the financial year 2026-27.

Shri Hemant Bangur (DIN: 00040903), Director retiring by rotation, is eligible for reappointment. The Notice of AGM and Annual Report for the financial year 2025-26 will be sent electronically to members with registered email addresses. Physical copies will be sent to those without registered emails as per Regulation 36(1)(b) of the SEBI Listing Regulations.

Key Meeting Details

Gloster Limited reported a profit for the year of Rs 3,876.03 lakhs for the fiscal year ended March 31, 2026, alongside a significant rise in annual revenue. The Board of Directors, which met on May 23, 2026, approved the standalone and consolidated financial statements and recommended a dividend of 200%, or Rs 20 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.

Full-Year Financial Performance

For the financial year ended March 31, 2026, Gloster reported a revenue from operations of Rs 90,686.36 lakhs, compared to Rs 62,668.27 lakhs in the previous year. Total income for the period stood at Rs 93,888.58 lakhs. The company achieved a profit for the year of Rs 3,876.03 lakhs, with basic earnings per share (EPS) recorded at Rs 35.42. The full-year financial comparison is presented below:

Q4 Performance Highlights

Gloster's latest quarterly results reflect a sharp improvement across key profitability indicators on a year-on-year basis. The company's consolidated Q4 EBITDA more than doubled to 406M rupees from 144M rupees in the same period last year, while the EBITDA margin expanded significantly to 10.74% from 5.18%. Q4 consolidated revenue grew to 3.8B rupees from 2.8B rupees year-on-year, and the company swung to a consolidated net profit of 82M rupees compared to a net loss of 23M rupees in the corresponding period of the previous year.

The following table summarises Gloster's Q4 consolidated performance on a year-on-year basis:

Dividend Declaration

The Board has recommended a dividend of Rs 20 per share, translating to 200% of the face value of Rs 10 each. This payout is contingent upon approval by the shareholders at the ensuing Annual General Meeting. The record date and other details regarding the dividend distribution will be communicated in due course.

Auditor's Report

M/s Singh & Co., Statutory Auditors, issued an audit report with an unmodified opinion on the standalone and consolidated financial results for the year ended March 31, 2026. The auditors confirmed that the financial results give a true and fair view of the company's financial position and performance in accordance with Indian Accounting Standards.