Mohite Industries reported a consolidated profit after tax of ₹362.22 lakh for the financial year ended March 31, 2026. The total income from operations for the consolidated entity stood at ₹15,333.66 lakh for FY26, compared to ₹16,675.28 lakh in the previous year. The company's basic earnings per share (EPS) on a consolidated basis was ₹0.18 for FY26.

The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 30, 2026. The results were reviewed and recommended by the Audit Committee. The financial statements were prepared in accordance with the recognition and measurement principles of Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015.

Financial Performance

The company reported a profit before tax of ₹482.83 lakh for the consolidated entity in FY26, down from ₹567.98 lakh in FY25. The paid-up equity share capital remained constant at ₹2,009.97 lakh. Reserves, excluding revaluation reserve, stood at ₹9,599.39 lakh as of March 31, 2026, compared to ₹9,395.50 lakh in the previous year.

The standalone financial results for the year ended March 31, 2026, reflected a turnover of ₹9,933.20 lakh, a profit before tax of ₹102.98 lakh, and a profit after tax of ₹32.36 lakh. For the quarter ended March 31, 2026, standalone turnover was ₹2,489.01 lakh, with a profit after tax of ₹0.21 lakh.

Regulatory Compliance

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted copies of newspaper clippings published in Financial Express and Sakal (Marathi) on June 01, 2026, regarding the audited financial results. The submission was made to BSE Limited on June 02, 2026.

Mohite Industries Limited has issued a formal notice convening an Extra-Ordinary General Meeting (EGM) scheduled for Monday, June 8, 2026, at 11:00 AM at its registered office located at R. S. No. 347, Ambapwadi Phata, Off. NH-4, Vadgaon, Tal.-Hatkanangale, Dist.-Kolhapur-416112. The meeting has been called under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and will transact three items of special business, all pertaining to the appointment and reappointment of Independent Directors on the company's Board.

Special Businesses on the EGM Agenda

The EGM agenda comprises three special resolutions, each requiring member approval. The key details of the directors under consideration are summarised below:

Item 1: Regularization of Mr. Sangramsinh Subhashrao Nimbalkar

Based on the recommendation of the Nomination and Remuneration Committee (NRC), the Board appointed Mr. Sangramsinh Subhashrao Nimbalkar (DIN: 00508548) as an Additional Independent Director with effect from March 9, 2026, under Section 161 of the Companies Act, 2013. Members are now being asked to regularize this appointment and confirm him as a Non-Executive Independent Director for a term of 5 (five) consecutive years, not liable to retire by rotation. Mr. Nimbalkar holds a Diploma in Civil Engineering and brings over 30 years of experience in government and semi-government industrial construction, including sugar factory projects and building construction activities. He has confirmed that he meets the criteria of independence under Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI Listing Regulations, and is not disqualified from being appointed as a director under Section 164 of the Act.

Item 2: Reappointment of Bhushan Madhukar Deshpande

Bhushan Madhukar Deshpande (DIN: 08861720) was originally appointed as an Independent Director at the Annual General Meeting on October 24, 2020, for a first term of five consecutive years. Following a performance evaluation and on the recommendation of the NRC, the Board has proposed his reappointment for a second term of 5 (five) consecutive years, up to October 23, 2030, not liable to retire by rotation. The NRC considered his expertise in financial and investment management, leadership traits, and vast business experience. Mr. Deshpande holds a Diploma in Pharmacy, has been running a proprietary medical shop since 1989, and serves as Chairman of the Pune Cricket Association. He has submitted a declaration confirming his independence under the applicable provisions of the Act and SEBI Listing Regulations.

Item 3: Reappointment of Nikhil Vijay Nawandhar

Nikhil Vijay Nawandhar (DIN: 01291811) was also appointed as an Independent Director on October 24, 2020, for a first term of five consecutive years. The NRC, after reviewing his performance evaluation and noting his expertise in taxation and audit, has recommended his reappointment for a second term of 5 (five) consecutive years, up to October 23, 2030, not liable to retire by rotation. Mr. Nawandhar is a practicing Chartered Accountant based in Sangli since 2006. He has confirmed his independence under Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI Listing Regulations, and is not debarred from holding office by any order from SEBI or any other authority.

E-Voting and Meeting Procedure

The company has facilitated remote e-voting through Central Depository Services (India) Limited (CDSL) for all shareholders. Key procedural details are as follows:

• Cut-off Date (Record Date): Monday, June 1, 2026
• E-Voting Period: Friday, June 5, 2026 at 09:00 AM to Sunday, June 7, 2026 at 05:00 PM
• EVSN (Electronic Voting Sequence Number): 260511003
• Scrutinizer: CS Sachin Bidkar (Membership No. A27380 & CP No. 14666), Practicing Company Secretary
• Scrutinizer's Report Deadline: Within 48 hours of conclusion of the EGM
• Results Publication: Company website ( www.mohite.com ) and BSE Limited

Shareholders holding shares in demat mode may cast their votes through their CDSL or NSDL demat accounts. Proxy forms must be lodged with the company not less than 48 hours before the commencement of the meeting. The notice has been issued by Shivaji Ramchandra Mohite, Managing Director (DIN: 00425441), from Vadgaon, dated May 14, 2026.