Jindal Worldwide Limited has filed its Annual Report for FY 2025-26 and issued a notice convening its 40th Annual General Meeting (AGM) on Tuesday, 1 September 2026 at 3:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The filing was made pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report is available on the company's website at www.jindaltextiles.com .

Financial Performance: FY 2025-26 vs FY 2024-25

The company reported the following financial results for FY 2025-26. The table below presents a comparison of consolidated and standalone performance:

On a consolidated basis, total income increased by 0.18% to ₹2,29,500.52 Lakhs in FY 2025-26 compared to ₹2,29,077.54 Lakhs in FY 2024-25. Consolidated EBITDA declined 27.31% to ₹14,380.22 Lakhs from ₹19,781.98 Lakhs, while consolidated PAT decreased 12.84% to ₹6,517.44 Lakhs from ₹7,477.52 Lakhs.

On a standalone basis, total income increased marginally by 0.16% to ₹2,23,084.04 Lakhs. Standalone EBITDA declined 17.69% to ₹13,416.79 Lakhs, and standalone PAT decreased 13.83% to ₹6,257.32 Lakhs.

Revenue Breakdown and Key Metrics

The company's revenue mix reflects its integrated textile operations with a growing electric mobility segment. Key performance indicators for FY 2025-26 are presented below:

Foreign exchange earned in terms of actual inflows stood at ₹21,433.01 Lakhs, while foreign exchange outgo in terms of actual outflows was ₹2,100.99 Lakhs for the year ended 31 March 2026.

Manufacturing Capacity and Business Overview

Jindal Worldwide operates as an integrated textile manufacturer headquartered in Ahmedabad, Gujarat, with a legacy dating to 1986. The company's manufacturing capabilities span spinning, weaving, processing, dyeing, finishing, and packing. Key capacity metrics are as follows:

The company has an international footprint across 24 countries and serves customers across domestic and global markets through dealers, garment manufacturers, buying houses, and retail brands. Its consumer-facing brands include RICCORA and LINEN GRAZIA. Through its subsidiary Jindal Mobilitric Private Limited, the company is also present in the electric two-wheeler mobility segment.

Dividend and Capital Allocation

The Board of Directors, at its meeting held on 25 May 2026, decided not to recommend any dividend for FY 2025-26, citing conservation of profits for future plans and maintaining financial prudence. No amount was transferred to General Reserves during the year. The company's CSR obligation for FY 2025-26 was ₹229.41 Lakhs, against which ₹230.15 Lakhs was spent, resulting in an excess spend of ₹0.74 Lakhs.

40th AGM: Key Agenda Items

The 40th AGM will be held on 1 September 2026 via VC/OAVM. The e-voting period runs from Saturday, 29 August 2026 at 9:00 AM to Monday, 31 August 2026 at 5:00 PM, with a record date of Tuesday, 25 August 2026. The Register of Members and Share Transfer Books will remain closed from Wednesday, 26 August 2026 to Tuesday, 1 September 2026 (both days inclusive). Key agenda items include:

• Ordinary Business: Adoption of audited standalone and consolidated financial statements for FY 2025-26; re-appointment of Mr. Vikram Pushpak Oza (DIN: 01192552) as Non-Executive Non-Independent Director, liable to retire by rotation.
• Special Business – Agenda 3: Ratification of remuneration of ₹1,00,000/- (excluding applicable taxes and out-of-pocket expenses) payable to M/s. K.V.M & Co., Cost Accountants (FRN: 000458), Ahmedabad, as Cost Auditors for FY 2026-27.
• Special Business – Agenda 4: Re-appointment of Mr. Amit Yamunadutt Agarwal (DIN: 00169061) as Vice-Chairman & Managing Director for a period of 3 years with effect from 3 September 2026 to 2 September 2029, at a remuneration of ₹25 Lakhs per month / ₹3.00 Crores per annum.
• Special Business – Agenda 5: Increase in authorised share capital from ₹101,00,00,000 (Rupees One Hundred and One Crore only) to ₹146,00,00,000 (Rupees One Hundred and Forty-Six Crore only), divided into 146,00,00,000 equity shares of ₹1/- each, and consequent alteration of Clause V of the Memorandum of Association. This increase is proposed to facilitate a rights issue of equity shares up to an aggregate amount of ₹650 Crore (Rupees Six Hundred Fifty Crore Only), as approved by the Board on 7 August 2026.

Subsidiary and Associate Structure

As at 31 March 2026, the company's subsidiary and associate structure is as follows:

During the year, Goodcore Spintex Limited (formerly Goodcore Spintex Private Limited) ceased to be a wholly-owned subsidiary with effect from 6 August 2025 and continues as an associate. June Industries Limited (formerly Kashyap Tele-Medicines Limited) ceased to be an associate with effect from 20 May 2025 following the sale of the company's entire stake.

Auditor Observations and Governance

The statutory audit for FY 2025-26 was conducted by M/s. R. Choudhary & Associates, Chartered Accountants (FRN: 101928W), Ahmedabad. The Independent Auditor's Report on both standalone and consolidated financial statements carries no audit qualifications, reservations, adverse remarks, or disclaimers. The Secretarial Audit Report by M/s. SPANJ & Associates also carries no qualifications. During the year, the company received a fine of ₹11,900 (including GST) from BSE and NSE for a one-day delay in filing Related Party Transaction disclosures under Regulation 23(9) of SEBI LODR, attributable to a technical error during the XBRL upload process. The market capitalisation as at 31 March 2026 stood at ₹1,814.71 Crores on both BSE and NSE.

Jindal Worldwide Limited has notified shareholders of its 40th Annual General Meeting (AGM) scheduled for Tuesday, September 1, 2026, at 3:00 PM IST via Video Conferencing. The meeting carries significant strategic weight as shareholders are set to vote on a proposed rights issue of up to ₹650 crore and an increase in authorized share capital by ₹45 crore to facilitate the fund-raising exercise. These resolutions, alongside the re-appointment of Vice-Chairman & Managing Director Amit Yamunadutt Agarwal, mark key governance and expansion milestones for the textile manufacturer.

The Board of Directors approved the rights issue proposal in its meeting held on August 7, 2026. To accommodate the potential allotment, the company seeks shareholder consent to raise its authorized share capital from ₹101 crore to ₹146 crore. This involves creating an additional 45 crore equity shares of ₹1 each, which will rank pari-passu with existing shares. The resolution requires approval under Section 13 and Section 61 of the Companies Act, 2013, necessitating a special resolution from members.

Key Resolutions for Shareholder Approval

The AGM agenda includes both ordinary and special business items critical to the company’s operational continuity and growth strategy:

Mr. Vikram Pushpak Oza, who retires by rotation, offers himself for re-appointment as a Non-Executive Non-Independent Director. He has served on the board since November 2006 and currently draws a remuneration of ₹1.5 lakh per month (₹18 lakh per annum), which is proposed to remain unchanged.

Leadership and Governance Updates

A central focus of the special business is the re-appointment of Mr. Amit Yamunadutt Agarwal as Managing Director for a three-year term from September 3, 2026, to September 2, 2029. The Board recommends his re-appointment citing his 27 years of experience in the textile industry and his role in guiding the company’s diversification. His remuneration is proposed at ₹25 lakh per month (₹3 crore per annum), subject to statutory limits under Section 197 of the Companies Act, 2013. The Board retains the authority to revise this remuneration within prescribed managerial ceilings.

Additionally, shareholders will ratify the remuneration of M/s. K. V. M & Co., Ahmedabad (FRN: 000458), as Cost Auditors for FY27. The approved fee is ₹1 lakh, excluding taxes and out-of-pocket expenses, pursuant to Section 148 of the Companies Act, 2013.

E-Voting and Meeting Logistics

In compliance with SEBI (LODR) Regulations and Ministry of Corporate Affairs circulars, the AGM will be conducted entirely through Video Conferencing/Other Audio Visual Means (VC/OAVM). Remote e-voting will be facilitated by Central Depository Services (India) Limited (CDSL) from August 29, 2026, at 9:00 AM IST to August 31, 2026, at 5:00 PM IST. The record date for determining voting eligibility is August 25, 2026.

Shareholders holding shares in demat form can vote directly through their depository participant accounts. Those holding physical shares must register on the CDSL e-voting portal using their folio numbers. The Register of Members and Share Transfer Books will remain closed from August 26, 2026, to September 1, 2026, inclusive. Proxy appointments are not permitted for meetings held via VC/OAVM under current regulations.