Marsons Limited has announced the book closure dates for its 49th Annual General Meeting. The closure period runs from Thursday, September 24, 2026, to Wednesday, September 30, 2026, both days inclusive.

The company will hold the meeting on Wednesday, September 30, 2026, at 2:00 pm through Video Conferencing or Other Audio Visual Means. Shareholders on record during the closure period are eligible to participate and vote.

Meeting Agenda

The primary ordinary business includes the consideration and adoption of the Audited Financial Statements for the financial year ended March 31, 2026. Shareholders will also appoint a director in place of Mr. Subhash Kumar Agarwala, who retires by rotation and offers himself for re-appointment.

Under special business, the company seeks ratification of the remuneration for its Cost Auditor for FY27. The Board has appointed M/s D. Radhakrishnan & Co. to conduct the audit of cost records. The proposed remuneration is ₹35,000 per annum plus applicable taxes and reimbursement of actual out-of-pocket expenses.

Director Profile

Mr. Subhash Kumar Agarwala holds a B.Com degree and possesses over 29 years of experience in strategic and business planning. He currently serves as a Wholetime Director at Subhash Capital Markets Ltd and holds directorships in several other listed and unlisted entities. He has no shareholding in Marsons Limited.

Voting and Participation Details

The company has engaged Central Depositories Services (India) Limited to facilitate remote e-voting. The voting window opens on Sunday, September 27, 2026, at 9:00 am and closes on Tuesday, September 29, 2026, at 5:00 pm. The cut-off date for determining voting eligibility is Wednesday, September 23, 2026.

Members can join the meeting via VC/OAVM 15 minutes before and after the scheduled start time. The facility is available to at least 1,000 members on a first-come, first-served basis, excluding large shareholders, promoters, and institutional investors who have unrestricted access.

Key Dates Summary

Arun Kumar Jaiswal, Practicing Company Secretary (ACS-29827), has been appointed as the scrutinizer for e-voting.

Marsons reported a net profit of ₹59 million for the first quarter, a decline from ₹80 million in the corresponding period last year. Despite the drop in profitability, the company’s revenue expanded by 5% to ₹493 million, up from ₹470 million year-on-year.

Financial Performance

The company’s financial results for the quarter highlight a divergence between operational scale and profitability. While the top line grew, the bottom line contracted significantly.

Revenue increased by ₹23 million, reflecting modest growth in business activity. However, net profit fell by ₹21 million, indicating that costs or expenses grew at a faster rate than revenue during the period.

What the Numbers Show

The primary analytical observation is the significant margin compression. Revenue growth of 5% was not sufficient to offset the cost structure, leading to a 26% decline in net profit. This suggests that either operating expenses rose disproportionately, or gross margins tightened, eroding the bottom line despite higher sales volumes.