Jayaswal Neco Industries has scheduled its 53rd Annual General Meeting (AGM) for Saturday, September 12, 2026, at 12:30 pm. The meeting will be conducted exclusively through Video Conference or Other Audio Visual Means (VC/OAVM), in compliance with the Companies Act, 2013, SEBI Listing Regulations, and Ministry of Corporate Affairs circulars. No physical presence of members is permitted.

The company has submitted its Annual Report for the financial year 2025-26 to the National Stock Exchange of India Limited and BSE Limited. The submission includes the Business Responsibility and Sustainability Report (BRSR) and the notice for the AGM.

Key Agenda Items

The AGM will transact both ordinary and special business. The key resolutions include:

• Adoption of Financials: Consideration and adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Director Re-appointments: Re-appointment of Shri Arvind Jayaswal (DIN: 00249864) and Shri Ramesh Jayaswal (DIN: 00249947), who retire by rotation and are offering themselves for re-election.
• Statutory Auditors: Re-appointment of M/s Chaturvedi & Shah LLP as Statutory Auditors for a second term from the conclusion of this AGM until the conclusion of the 58th AGM in 2031. Remuneration will be mutually agreed upon.
• Cost Auditor Ratification: Ratification of remuneration for Cost Auditors for the financial year ending March 31, 2027. The proposed remuneration is ₹1,75,000 for Cost Audit and ₹9,000 for XBRL document preparation, plus applicable taxes and out-of-pocket expenses on an actual basis, to M/s Manisha & Associates (FRN: 000321).

E-Voting and Record Dates

National Securities Depository Limited (NSDL) has been appointed to facilitate e-voting. Members holding equity shares in physical or dematerialized form as on the cut-off date of September 5, 2026, are eligible to vote electronically.

The remote e-voting facility will be active from 9:00 am on Wednesday, September 9, 2026, until 5:00 pm on Friday, September 11, 2026. Voting will not be allowed after this deadline. Results of the e-voting will be declared within two working days from the conclusion of the AGM and published on the company's website and the NSDL e-voting portal.

Document Distribution and Access

The Annual Report for FY25-26, along with the AGM notice and BRSR, will be sent via email only to members whose names appear in the register of members or depository records as on August 14, 2026, and who have registered email addresses. Shareholders without registered email IDs will receive an intimation containing a web link to access these documents, in accordance with Regulation 36(1)(b) of the SEBI LODR Regulations.

The documents are also publicly available on the company's website and the NSDL e-voting platform. The Register of Members and Share Transfer Books will remain closed from Sunday, September 6, 2026, to Saturday, September 12, 2026.

Jayaswal Neco Industries reported a net profit of ₹1,939.2 lakh for the quarter ended June 30, 2026, marking a 108.5% increase from ₹930.2 lakh in the corresponding period of the previous year. Revenue from operations rose 27.8% to ₹21,065.6 lakh from ₹16,493.5 lakh, driven primarily by the Steel segment. Profit before tax for Q1FY27 stood at ₹2,649.7 lakh, compared to ₹1,253.9 lakh in Q1FY26. The Board of Directors approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report by Statutory Auditors, M/s. Chaturvedi & Shah LLP, Chartered Accountants, in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The Steel segment remained the primary revenue driver, contributing significantly to the top line. Total expenses for the quarter were managed effectively, supporting the improvement in profitability. Earnings per share (EPS) for the quarter demonstrated strong growth, aligning with the overall increase in net profit. The company continues to focus on operational efficiency to sustain its growth trajectory.

Key Financial Metrics

The table below summarises the key financial metrics for the quarter:

Comparative Analysis

On a sequential basis, net profit increased 1.6% from ₹1,908.7 lakh in Q4FY26, while revenue from operations grew 6.7% from ₹19,742.4 lakh. Profit before tax also saw a sequential rise of 12.1%, reaching ₹2,649.7 lakh in Q1FY27 from ₹2,364.7 lakh in the preceding quarter. This consistent performance highlights the company's ability to maintain momentum across fiscal periods.

Board Decisions

The Board approved the convening of the 53rd Annual General Meeting (AGM) on September 12, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Register of Members and Share Transfer Register will remain closed from September 6, 2026, to September 12, 2026. Additionally, the Board approved the re-appointment of M/s. Chaturvedi & Shah LLP, Chartered Accountants, as the Statutory Auditors of the company for a period of 5 years from the conclusion of the ensuing AGM until the conclusion of the AGM to be held for the financial year 2030-2031, subject to shareholder approval.