Gothi Plascon (India) Limited will hold its 31st Annual General Meeting on Wednesday, September 30, 2026, at 11:00 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means, in compliance with the Companies Act, 2013, and relevant Securities and Exchange Board of India regulations.

Meeting Details

The company published advertisements in Trinity Mirror (English) and Makkal Kurral (Tamil) to intimate shareholders of the upcoming event. The notice for the 31st AGM, along with the Annual Report for FY25-26, will be sent electronically to shareholders who have registered their email IDs with the Company’s Registrar and Transfer Agent or Depository Participant.

For shareholders who have not updated their email addresses, a communication containing a web link to access the Annual Report on the company website will be issued, as per Regulation 36(1)(b) of the Listing Regulations. Physical copies of the Annual Report will be dispatched only upon specific request from the registered email ID.

Shareholder Instructions

Shareholders can attend and participate in the AGM exclusively through the VC/OAVM facility. They will have the opportunity to cast votes on the businesses set out in the notice through remote e-voting and e-voting during the meeting. Detailed instructions for participation and voting will be provided in the AGM notice.

The company urged shareholders holding physical shares to submit PAN, KYC details, and nomination information to comply with SEBI mandates effective April 1, 2024. Failure to update these details may restrict dividend payments to electronic mode only after KYC completion. Demat shareholders were asked to update bank details and email IDs with their Depository Participants.

Gothi Plascon (India) Limited reported a net profit of ₹68.38 lakh for the quarter ended June 30, 2026, marking a 90.8% year-on-year increase from ₹35.83 lakh in Q1FY25. Revenue from operations climbed 44.6% to ₹132.65 lakh, driven by improved operational efficiency and contained expenses. The Board of Directors approved the unaudited financial results on July 30, 2026, alongside key management transitions including the reappointment of Sanjay Gothi as Managing Director and the appointment of his son, Pranay Gothi, as an additional whole-time director.

The company’s total income stood at ₹132.65 lakh, with other income remaining at zero. Total expenses were managed at ₹64.27 lakh, a decrease from ₹66.65 lakh in the preceding quarter (Q4FY26). Employee benefits expense declined to ₹19.48 lakh from ₹25.25 lakh in the prior quarter, while depreciation and amortization remained stable at ₹11.82 lakh. Finance costs decreased slightly to ₹4.16 lakh from ₹4.23 lakh. The Board convened on July 30, 2026, to approve these results in compliance with Regulation 30 of the SEBI Listing Regulations.

Key Financial Metrics

The tax expense for the current quarter was nil, contrasting with ₹69.09 lakh in the previous quarter which included prior period adjustments and deferred tax provisions. This absence of tax outflow directly boosted the net profit figure. Earnings per share (basic) rose to ₹0.67 from ₹0.35 in Q1FY25, reversing the loss of ₹0.08 per share seen in Q4FY26. The company’s paid-up equity share capital remains unchanged at ₹1,020 lakh.

Management Appointments

On the recommendation of the Nomination & Remuneration Committee, the Board appointed Sanjay Gothi as Managing Director for a term of three years effective August 1, 2026. This is a reappointment, as his current tenure expires on July 31, 2026. Sanjay Gothi, the founder of the company, has been associated with Gothi Plascon for 32 years. He is married to Priyadarshana Gothi, who serves as a Director on the Board.

Additionally, the Board appointed Pranay Gothi as an additional and whole-time director for a three-year term starting August 1, 2026. Pranay Gothi is a Mechanical Engineer graduate from the University of Illinois at Urbana-Champaign and holds professional membership with the American Society of Mechanical Engineers (ASME). Previously, he served as Director – Technical Sales for GEA Valve and Pump Division from January 2023 to June 2026. He is the son of Sanjay Gothi and Priyadarshana Gothi. Both appointments are subject to shareholder approval at the ensuing Annual General Meeting.

What the Numbers Show

The financial data reveals a strong operational recovery driven by revenue growth that significantly outpaced expense inflation. While revenue surged by nearly 45% year-on-year, total expenses increased by only 14.9%, indicating improved operating leverage. The elimination of tax expenses in the current quarter, compared to substantial provisions in the previous quarter, highlights the volatility in net profit figures; however, the underlying profit before tax has consistently grown, rising from ₹35.83 lakh in Q1FY25 to ₹68.38 lakh in Q1FY26. This suggests core operational efficiency is improving, independent of tax adjustments.

Corporate Governance and AGM Details

The Board also approved the notice for the 31st Annual General Meeting (AGM), scheduled for September 30, 2026, at 11:00 am (IST). The meeting will be held through Video Conferencing or other Audio-Visual Means. Shareholders are requested to update their email addresses with Depository Participants to receive the AGM notice and Annual Report electronically. The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026. The cut-off date for determining voting eligibility is September 23, 2026. Achha Associates Chartered Accountants reviewed the interim financial results, issuing a limited review report on July 30, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE538G01018/174c647e-11a1-4ca2-b88f-519415f8f376.pdf