IMP Powers Limited has fixed Wednesday, September 23, 2026, as the record date for its 64th Annual General Meeting. The meeting is scheduled for Wednesday, September 30, 2026, at 12:30 pm via video conferencing.

Shareholders holding equity shares in physical or dematerialized form on the record date are eligible to attend and vote. The company notified the BSE and NSE of this decision pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company reported total income from operations of ₹3,138.20 lakh for FY26, marking a substantial increase from ₹467.24 lakh in FY25. Profit before tax stood at ₹13.62 lakh, reversing a loss of ₹208.40 lakh in the prior year.

What the Numbers Show

The turnaround in profitability coincides with a dramatic surge in operational income. Revenue expanded nearly sevenfold year-on-year, while the bottom line shifted from a loss to a profit. This divergence suggests improved cost management or higher-margin activity during the period, although specific margin figures were not disclosed in the notice.

Related Party Transactions

Shareholders will vote on multiple material related party transactions (RPTs) for FY27-28, approved by the Audit Committee and Board on August 8, 2026:

• GSEC Limited: Approval sought for purchasing goods and raw materials up to ₹100 crore. This represents 319% of the listed entity's annual consolidated turnover for the preceding financial year.
• Electrify Energy Private Limited: Omnibus approval for inter-corporate deposits/borrowings up to ₹100 crore at an interest rate of 9.5% per annum. These funds are designated for working capital and capital expenditure. The transaction is unsecured and repayable over five years.
• Diamond Power Infrastructure Limited: Approval for purchasing goods, raw materials, and parts up to ₹10 crore.
• Smartmeters Technologies Private Limited: Approval for selling goods up to ₹20 crore each for FY26-27 and FY27-28.

Promoter directors Mr. Rakesh Shah and Mr. Shaishav Shah have interests in these entities and will abstain from voting.

Management and Corporate Actions

The AGM agenda includes the re-appointment of Mr. Naveen Kumar Singh as Whole-time Director for one year, effective August 8, 2026, with remuneration set at ₹1.68 crore per annum. Mr. Shaishav R. Shah retires by rotation and offers himself for re-appointment as a Non-Executive Promoter Director.

Additionally, shareholders will consider a special resolution to shift the company's registered office from Silvassa, Dadra & Nagar Haveli, to Ahmedabad, Gujarat. This move aims to facilitate administrative convenience and efficient business conduct.

IMP Powers Limited reported a net profit of ₹11.17 crore for the quarter ended June 30, 2026, representing a 48.3% increase from ₹7.53 crore in Q1FY26. The company’s revenue from operations rose 16.5% year-on-year to ₹70.75 crore, supported by strong operational performance and a significant uptick in other income. This growth trajectory underscores improved profitability margins and effective cost management during the initial quarter of FY27.

The Board of Directors approved the unaudited financial results on August 8, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the Statutory Auditors. The company also notified shareholders of a special window for the re-lodgement of physical share transfer requests, open until February 4, 2027, as per SEBI Circular no. HO/38/13/11(2)/2026-MIRSD-POD/ I/3750/2026.

Financial Performance Highlights

Revenue from operations stood at ₹70.75 crore, up from ₹60.67 crore in the previous year’s quarter. Other income witnessed a dramatic surge to ₹1.88 crore from ₹0.14 crore, contributing substantially to the total income growth. Earnings per share (basic) increased to ₹5.11 from ₹3.70 in Q1FY26.

What the Numbers Show

The disproportionate rise in other income relative to operational revenue suggests a non-recurring or variable component driving the top-line expansion. While core operations delivered steady 16.5% growth, the 1,230% jump in other income indicates that a significant portion of the profit acceleration may not be purely operational. Investors should monitor whether this trend persists in subsequent quarters to assess the sustainability of the margin improvement.

Shareholder Update

IMP Powers Limited has opened a special window for shareholders holding physical shares to re-lodge transfer requests that were previously rejected or left unattended due to document deficiencies. The window runs from February 5, 2026, to February 4, 2027. Shareholders must submit signed documents to the Registrar and Transfer Agent, MUG Intime India Private Limited. All re-lodged shares will be issued in dematerialized form only.