Indobell Insulations has scheduled its 54th Annual General Meeting (AGM) for Wednesday, September 30, 2026, to approve a significant increase in authorized share capital and adopt the financial results for FY26. The meeting will be held via video conferencing or other audio-visual means at 11:30 am.

The Board of Directors is seeking shareholder approval to increase the authorized share capital from ₹7 crore to ₹15 crore. This involves creating an additional 80 lakh equity shares of ₹10 each. The company also plans to reappoint Executive Director Man Mohan Burman, who retires by rotation, and appoint M/s. Bandyopadhyay & Dutt as statutory auditors.

The notice for the AGM and the Annual Report for FY26 were emailed to members on Wednesday, September 2, 2026. In compliance with MCA Circulars and SEBI Listing Regulations, physical copies have been dispensed with. A letter is being sent to members who have not registered email addresses. The documents are also available on the company website and BSE Limited.

Financial Performance for FY26

The company reported a decline in operational metrics for the fiscal year ended March 31, 2026, compared to the previous year. Revenue from operations fell to ₹1,557.90 lakh from ₹2,572.91 lakh in FY25. Net profit after tax dropped significantly to ₹80.44 lakh, down from ₹218.59 lakh in the prior year.

Total income stood at ₹1,715.02 lakh, supported by other income of ₹157.12 lakh. This included a substantial write-back of long-outstanding credit balances aggregating to ₹120.73 lakh credited to other income. These write-offs comprised amounts payable to customers and suppliers that were no longer required due to contractual failures or non-compliance.

Meeting Logistics and Voting

Shareholders holding shares in demat or physical mode can attend remotely using login credentials provided via email. The record date for determining voting eligibility is fixed as September 23, 2026. Remote e-voting is available through NSDL’s platform from September 27 to September 29, 2026.

The facility for appointing proxies is not available for this AGM. However, body corporates may appoint authorized representatives. Members are advised to update their email addresses with their Depository Participants to ensure seamless access to e-voting facilities.

Indobell Insulations has completed its Board of Directors meeting on August 21, 2026, approving the financial results for FY26 and increasing its authorized capital. The board also fixed the date for the Annual General Meeting (AGM).

Meeting Outcomes

The board session, held at the corporate office in Kolkata, concluded with several key approvals in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results and Reports

The directors approved the unaudited financial results for the fiscal year ended March 31, 2026, alongside the Directors’ Report. This follows the initial announcement made on August 17, 2026, by Sanjay Agarwal, Company Secretary and Compliance Officer.

Capital Structure Update

The board increased the company’s authorized capital from ₹7 crore to ₹15 crore. This expansion provides greater flexibility for future equity issuances or bonus share allocations without requiring immediate regulatory approvals for structural changes.

AGM Details

The board has scheduled the Annual General Meeting for September 30, 2026. The event will be conducted through Video Conferencing or other Audio Visual Means (OAVM) as per Ministry of Corporate Affairs and SEBI circulars.

CS Altab Uddin Kazi (Mem. No. F 12581) was appointed as the scrutinizer for the meeting. The e-voting platform will be provided by NSDL.