Madhav Marbles and Granites has closed its trading window for dealing in company securities starting October 1, 2026. The restriction remains in effect until 48 hours after the declaration of financial results for the quarter and period ended September 30, 2026.

Regulatory compliance and scope

The closure is implemented pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's internal Prohibition of Insider Trading Policy. The restriction applies to all Designated Persons and their immediate relatives. This measure ensures that no insider information regarding the upcoming quarterly performance is utilized for trading purposes during the blackout period.

Upcoming board meeting

The date for the board meeting to declare the financial results for Q2FY27 has not been announced in this notice. Madhav Marbles stated that the specific date will be intimated separately in due course. Investors and market participants should monitor subsequent disclosures for the exact schedule of the earnings release.

Madhav Marbles & Granites has scheduled its 37th Annual General Meeting (AGM) for Wednesday, September 30, 2026, at 11:30 am. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means from the company's registered office in Udaipur.

The AGM agenda includes the adoption of audited standalone and consolidated financial statements for FY26. The company reported a standalone net profit of ₹23.88 crore for the year ended March 31, 2026, compared to ₹7.51 crore in FY25.

Director Reappointments

Shareholders will vote on the reappointment of key board members:

• Mrs. Riddhima Doshi: Reappointment as Whole Time Director for three years effective February 1, 2027.
• Mr. Madhav Doshi: Reappointment as CEO and Managing Director for three years effective May 1, 2027.
• Independent Directors: Reappointment of Mr. Devendra Manchanda (three years), Mr. Pachampet Yegnaswamy Venkataraman (two years), and Mr. Arumugam Sivadasan (five years).

Related Party Transactions

The company seeks approval to revise limits for material related-party transactions with subsidiaries and associates, superseding previous approvals made in July 2026.

Additionally, shareholders will approve loans of up to ₹3 crore each from promoters Mr. Madhav Doshi and Mrs. Riddhima Doshi for working capital requirements.

Corporate Governance and E-voting

The register of members and share transfer books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026. The cut-off date for determining voting rights is September 23, 2026.

Remote e-voting is available from Sunday, September 27, 2026, at 9:00 am to Tuesday, September 29, 2026, at 5:00 pm. Members who have voted remotely can attend the AGM but cannot vote again at the meeting. Mr. Balwan Jain from Balwan Jain & Co., Chartered Accountants, has been appointed as the Scrutinizer.

What the Numbers Show

The revision in related-party transaction limits reflects a reassessment of business requirements for group entities. While the limit for subsidiary Madhav Ashok Ventures was reduced by ₹10 crore, the limit for associate Madhav Surfaces (FZC) LLC was increased by ₹15 crore, indicating a shift in funding priorities toward the Oman-based engineered stone operations.