Jeet Machine Tools has scheduled its 41st Annual General Meeting for Monday, September 28, 2026. The event will be conducted through Video Conferencing or Other Audio Visual Means at 4:00 pm.

The company disclosed the schedule pursuant to Regulation 42 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations 2015. Shareholders must hold shares as of the book closure period to participate.

Meeting Schedule

The remote e-voting period commences on Friday, September 25, 2026, at 9:00 am and concludes on Sunday, September 27, 2026, at 5:00 pm. The e-voting cut-off date is set for Monday, September 21, 2026.

The book closure period spans from Tuesday, September 22, 2026, to Monday, September 28, 2026, both days inclusive. This determines the shareholders eligible to vote and receive dividends if declared.

Financial Performance for FY26

Jeet Machine Tools Limited reported a significant turnaround in profitability for the financial year ended March 31, 2026. The company posted a net profit of ₹347.37 lakh, compared to a net loss of ₹65.01 lakh in FY25. Total income rose sharply to ₹418.71 lakh from ₹12.68 lakh in the previous year.

What the Numbers Show

The profit turnaround was driven primarily by non-operating income rather than core business activities. Other income surged to ₹410.91 lakh from ₹4.18 lakh in FY25, largely due to a long-term capital gain of ₹402.56 lakh from the sale of the company's industrial property situated at C.T.S. No. 837 (Part), Village Mohile, Mumbai. Revenue from operations remained subdued at ₹7.26 lakh, down from ₹8.50 lakh in FY25. Consequently, while the company generated substantial cash reserves—increasing cash and cash equivalents to ₹282.37 lakh from ₹62.41 lakh—operational revenue continues to be minimal relative to total income.

Board and Governance Updates

At the forthcoming AGM, shareholders will consider the re-appointment of Mr. Rajkaran J. Chawla as Executive Director, who retires by rotation. Ms. Tasnim A. Sabuwala was appointed as an Independent Director for a five-year term effective August 13, 2025, while Ms. Mohini Hingorani ceased to act as an Independent Director upon completing her second term on November 25, 2025.

The Secretarial Audit Report highlighted certain compliance gaps, including inadequate maintenance of the Structured Digital Database for insider trading regulations and delays in disseminating prescribed information on the company's website. Additionally, some promoter shareholdings remain in physical form, contrary to SEBI requirements for full dematerialization.

jeet machine tools has closed its trading window for securities effective July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the first quarter ended June 30, 2026. This measure is implemented to comply with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct for regulating, monitoring, and reporting trades by designated persons and their immediate relatives.

The closure encompasses both the start and end dates, ensuring no trading activity occurs during the restricted period. The company stated that the specific date for the board meeting to consider the unaudited financial results for the quarter will be communicated separately in due course.

The intimation was submitted to BSE Limited on June 22, 2026, by Kawaljit Singh Jagjit Singh Chawla, Managing Director of Jeet Machine Tools Ltd. The company's scrip code on BSE is 513012.