Indian Acrylics has scheduled its Annual General Meeting for Tuesday, September 29, 2026. The meeting will be held at the company’s registered office to adopt accounts.

The share transfer book and member registers will remain closed from September 23, 2026, to September 29, 2026, inclusive. This closure is in connection with the AGM as per Section 91 of the Companies Act, 2013.

E-Voting Details

The company will provide remote e-voting facilities through Central Depository Services (India) Limited (CDSL). The cut-off date to ascertain voting eligibility is September 22, 2026.

Members whose names appear in the Register of Members or the Depositories’ Register of Beneficiary Owners as of the cut-off date are entitled to vote. The remote e-voting period begins on September 26, 2026, at 9:00 am and ends on September 28, 2026, at 5:00 pm.

Regulatory Compliance

The intimation is issued pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015. Bhavesh Kumar Gupta, Company Secretary and Compliance Officer, signed the notice dated August 24, 2026.

Indian Acrylics reported a significant reduction in its quarterly loss for the first quarter of FY27, signaling a potential stabilization in its financial performance. The company posted a standalone net loss of ₹167.33 lakh for the quarter ended June 2026, compared to a net loss of ₹1,141.84 lakh in the previous quarter ended March 2026. This represents a 64% quarter-on-quarter (QoQ) improvement in the bottom line.

Revenue from operations expanded substantially during the period. Total income from operations reached ₹10,929.33 lakh in Q1FY27, up from ₹7,614.32 lakh in Q4FY26. This marks a 43.5% increase in topline revenue on a quarterly basis. Year-on-year (YoY), revenue also grew, rising from ₹8,804.92 lakh in the same quarter last year to the current figure.

Financial Performance Overview

The company’s consolidated results mirrored the standalone figures closely, with a consolidated net loss of ₹167.39 lakh for the quarter, down from ₹1,141.90 lakh in the prior quarter. The earnings per share (EPS) stood at (₹0.12) for both basic and diluted shares, an improvement from the (₹0.84) loss per share recorded in the preceding quarter.

For the full year ended March 2026, Indian Acrylics reported a total revenue of ₹35,741.69 lakh and a net loss of ₹2,408.51 lakh. The paid-up equity share capital remained unchanged at ₹13,532.00 lakh.

What the Numbers Show

The divergence between revenue growth and loss contraction highlights operational leverage or cost containment efforts. While revenue increased by over ₹3,300 lakh QoQ, the net loss decreased by nearly ₹1,000 lakh. This suggests that the incremental revenue generated in Q1FY27 contributed positively to covering fixed costs, although the company remains in a net loss position. The absence of exceptional or extraordinary items in the current quarter’s pre-tax loss indicates that the improvement is derived from core operational adjustments rather than one-off gains.

The results were signed off by Dheeraj Garg, Additional Managing Director, on August 13, 2026, and published in The Financial Express and The Jansatta on August 14, 2026, as per SEBI LODR regulations.