L.K. Mehta Polymers has dispatched the annual report and notice for its 31st AGM via web-link to shareholders who have not registered email addresses. The disclosure was made on September 5, 2026, pursuant to SEBI Listing Regulations.

The company previously reported a sharp rise in FY26 revenue, reaching ₹2,953.59 lakh compared to ₹1,915.84 lakh in the previous year. The 31st annual general meeting is scheduled for September 26, 2026, to approve financials and related party transactions.

Financial Performance

L.K. Mehta Polymers recorded significant growth in total income during FY26. Revenue from operations stood at ₹2,919.32 lakh, up from ₹1,896.58 lakh in FY25. Other income increased to ₹34.27 lakh from ₹19.26 lakh.

Profit before tax rose to ₹90.04 lakh from ₹80.03 lakh. However, net profit after tax grew modestly to ₹62.64 lakh from ₹60.43 lakh, reflecting higher tax provisions and stable operational margins amidst rising revenue.

Annual Report Dispatch

In compliance with Regulation 36(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company sent the notice convening the 31st AGM and the Annual Report for FY25-26 electronically to members with registered email addresses.

For shareholders whose email addresses are not registered with the Registrar & Share Transfer Agent or Depository Participants, the company dispatched a letter containing a web-link to access the documents. The Annual Report and AGM notice are available on the company's website and the BSE Limited website.

Shareholders wishing to receive a physical copy of the Annual Report may write to info@lkmehtapolymersltd.com mentioning their Folio No., DP Id, or Client Id. Those looking to update their email address or other communication details can approach their depository or contact Bigshare Services Pvt. Ltd., the Registrar and Share Transfer Agent.

Key Approvals

The board transacted the following business matters:

• Approved the notice for the 31st AGM, scheduled for September 26, 2026, at 12:15 pm at the registered office.
• Considered and approved the Board's Report along with annexures for the financial year ended March 31, 2026.
• Set August 28, 2026, as the cut-off date for determining eligibility of equity shareholders to receive the AGM notice.
• Fixed September 18, 2026, as the cut-off date for determining member eligibility to vote and attend the AGM.
• Approved related party transactions with M/S Kamlesh Industries for FY2026-27.
• Appointed M/s NPG & Co., Practicing Company Secretary, as the scrutinizer for voting facilities for the 31st AGM.

Managing Director Kamlesh Mehta signed the disclosure letter addressed to the General Manager of Corporate Services at BSE Limited.

Related Party Transactions

The company seeks shareholder approval for transactions with M/s Kamlesh Industries, a proprietorship concern of Managing Director Mr. Kamlesh Mehta. The proposed aggregate value for FY2026-27 is capped at ₹10,00,00,000/- (Rupees Ten Crore only).

The transactions are intended to facilitate smooth business operations and ensure continuity of supply and processing requirements in the ordinary course of business.

Director Re-Appointment

Shareholders will also consider the re-appointment of Mr. Kamlesh Mehta (DIN: 00223360) as Managing Director. He retires by rotation at this meeting and, being eligible, offers himself for re-appointment. Mr. Mehta holds a Bachelor of Commerce degree and has 30 years of experience in the polymer industry. As on March 31, 2026, he held 2,270,800 shares in the company.

L.K. Mehta Polymers Limited has incorporated a wholly owned subsidiary, L.K. Mehta Green Private Limited, marking its strategic entry into the renewable energy and sustainability sector. The Ministry of Corporate Affairs issued the Certificate of Incorporation on August 5, 2026, enabling the company to pursue business diversification beyond its core polymer operations. This move aims to strengthen long-term growth strategies by capitalizing on emerging opportunities in green technologies and recycling.

The incorporation follows the Board of Directors' approval granted on June 29, 2026. The company disclosed the formation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notifying the BSE Limited of the new entity's establishment. The transaction is classified as a related party transaction due to the wholly owned nature of the subsidiary, though it remains exempt from certain related party transaction provisions as applicable.

L.K. Mehta Green Private Limited is registered with a paid-up capital of ₹1,00,000, comprising 10,000 equity shares of ₹10 each. The subsidiary will focus on green and renewable energy solutions, sustainable technologies, and allied recycling activities. The investment involves the subscription to the equity share capital of the wholly owned subsidiary by the parent company.

Subsidiary Details

The new entity operates from the same registered office address as the parent company in Ratlam, Madhya Pradesh. The expected benefits include expanded business opportunities and the strengthening of the group's long-term growth strategy through vertical integration into the sustainability space. This structural expansion allows L.K. Mehta Polymers to isolate and scale its green initiatives separately from its traditional manufacturing operations.