M K Exim (India) Limited reported robust financial performance for FY26, with consolidated revenue rising 6% to ₹10,022.42 lakh from ₹9,494.93 lakh in the previous year. The company’s profit after tax (PAT) grew 11% to ₹2,002.13 lakh, up from ₹1,798.71 lakh in FY25. The growth was primarily driven by the cosmetics and FMCG distribution segment, which contributed ₹8,421.88 lakh in revenue, an increase from ₹7,885.53 lakh in the prior year.

Financial Highlights

The board of directors approved the audited standalone and consolidated financial statements during a meeting held on August 18, 2026. Key financial metrics for the fiscal year ended March 31, 2026, are detailed below:

Cash and cash equivalents stood at ₹152.60 lakh as of March 31, 2026. The company transferred ₹1,600 lakh to the General Reserve account during the year to strengthen its financial position.

Dividend Recommendation

The board recommended a final dividend of 6% (₹0.60 per equity share of face value ₹10 each) for FY26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The total dividend payout aggregates to ₹242.20 lakh. Shareholders on record as of September 18, 2026, will be eligible for the dividend. The register of members and share transfer books will remain closed from September 19, 2026, to September 25, 2026.

Related-Party Transactions

The board sought shareholder approval for material related-party transactions (RPTs) totaling ₹250 crore for the period until the next AGM in 2027. These transactions are proposed to be carried out at arm’s length in the ordinary course of business:

• M/s Manish Overseas: Approval for transactions up to ₹100 crore involving the purchase/sale of cosmetic and FMCG products. This entity is owned by Chairman Mr. Murli Wadhumal Dialani.
• M/s Laaj International: Approval for transactions up to ₹50 crore for the purchase/sale of fabrics and textiles. This entity is owned by Managing Director Mr. Manish Murlidhar Dialani.
• M/s Lewanna: Approval for transactions up to ₹50 crore for the trading of cosmetics. This entity is also owned by Mr. Manish Murlidhar Dialani.
• Kolba Farm Fab Pvt Ltd: Approval for transactions up to ₹50 crore involving yarn, fabric, and job work. This is an associate company in which the promoter group holds significant interest.

Governance and Director Changes

The 34th AGM is scheduled for September 25, 2026, to be conducted via Video Conferencing or Other Audio-Visual Means. Key governance resolutions include:

• Continuation of Whole-Time Director: Shareholder consent is sought for Mr. Murli Wadhumal Dialani to continue as Whole-Time Director until September 27, 2029, notwithstanding his attaining the age of 70 during his tenure.
• Re-appointment of Independent Director: Mr. Gaurav L Patodia is recommended for re-appointment as a Non-Executive Independent Director for a second term of five years, effective from November 13, 2026, to November 12, 2031.
• Remuneration Revisions: The remuneration of Mrs. Lajwanti Murlidhar Dialani (Whole-Time Director) was increased to ₹60 lakh per annum, and Mr. Manish Murlidhar Dialani (Managing Director) to ₹84 lakh per annum.

Strategic Decisions

The board considered the purchase of a property at Plot No. J-1247, Sitapura Industrial Area, Jaipur, and the sale of the existing registered office property at G-1/150, Garment Zone, Sitapura. Additionally, approval was granted to invest surplus funds up to ₹5 crore in securities of other companies.

M. K. Exim (India) Limited has scheduled a meeting of its Board of Directors for Tuesday, August 18, 2026, at Mittal Industrial Estate in Mumbai. The primary objective of the gathering is to convene the company’s 34th Annual General Meeting (AGM) and approve the Notice for the same. This procedural step is critical for shareholders as it sets the timeline for reviewing the company’s performance for the Financial Year ended March 31, 2026, and voting on key corporate governance matters.

The Board will also approve the Director’s Report along with annexures, including the Management Discussion and Analysis Report and the Corporate Governance Report for FY26. These documents provide investors with a comprehensive view of the company’s operational health and strategic direction. The Board will fix the date, time, and venue for the AGM, as well as determine the Book Closure or Record Date for dividend declaration purposes. A Scrutinizer will be appointed to oversee the Remote E-voting process and voting during the AGM, ensuring compliance with regulatory standards.

Key Agenda Items

Beyond the standard AGM preparations, the Board has listed several material decisions for consideration. The following table outlines the specific resolutions and appointments on the agenda:

The re-appointment of Mr. Gaurav L Patodia marks a significant governance continuity, as he is being considered for his second consecutive five-year term as a Non-Executive Independent Director. Similarly, the Board will address the statutory requirement regarding Mr. Murli Wadhmal Dialani, who will attain the age of 70 during his tenure, necessitating a specific resolution for his continuation as Whole-time Director.

Strategic Implications

The inclusion of property transactions on the agenda suggests potential shifts in the company’s asset base. The proposed purchase of a property at Plot No. J-1247 in Sitapura Industrial Area, Jaipur, may indicate expansion plans or consolidation of operational facilities. Conversely, the sale of the property located at G-1/150, Garment Zone, Sitapura Industrial Area, could reflect a strategy to optimize asset utilization or raise capital. The Board will also consider investments in securities of other companies, which may diversify the firm’s income streams.

Compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), mandates this disclosure. The meeting aims to ensure all corporate actions are aligned with legal frameworks and shareholder interests. Shareholders should monitor subsequent communications for the confirmed AGM date and record date, which will determine eligibility for dividends and voting rights.