Mysore Petro Chemicals Limited has scheduled its 56th Annual General Meeting for August 11, 2026, at 3:00 p.m. via video conference to adopt the audited financial statements for the financial year ended March 31, 2026, and declare a dividend. The company has fixed the record date as August 4, 2026, to determine shareholder eligibility for the meeting and dividend payment. The Register of Members and Share Transfer Books will remain closed from August 5, 2026, to August 9, 2026. If approved, the dividend will be paid on or after August 18, 2026, subject to tax deduction at source.

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has dispatched letters to shareholders whose email addresses are not registered, providing a web-link to access the Annual Report and Notice. The documents are available at https://www.mysorepetro.com/annual-report/ . The facility for remote e-voting will be available from August 8, 2026, to August 10, 2026.

Financial Highlights

The company’s financial statements for the year ended March 31, 2026, reported an investment balance of ₹8,564.51 lakhs, which constitutes a significant portion of its total assets of ₹12,742.16 lakhs. The valuation of these investments, comprising equity instruments, preference shares, debt, and mutual funds, was identified as a key audit matter due to the significant judgment involved in the valuation methodology.

Governance and Compliance

The Independent Auditor’s Report disclosed a material uncertainty regarding a pending dispute under the Karnataka Special Entry Tax Act, 2004, involving sales tax dues of ₹23.98 lakhs for the period 2008-09, which is currently pending in the Karnataka High Court. The company’s Board met four times during the year. Shri Martinho Ferrao or Shri Shiv Kumar Vaishy has been appointed as the Scrutinizer to oversee the voting process.

Mysore Petro Chemicals Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors, meeting on May 20, 2026, approved the results and recommended a dividend for the financial year 2025-26.

Dividend Declaration

The Directors recommended a dividend of 20%, which translates to ₹2 per equity share of ₹10 each. This dividend payment is subject to the approval of the shareholders at the forthcoming Annual General Meeting. If approved, the payout will result in a cash outflow of approximately ₹131.67 lakhs.

Financial Performance

For the full fiscal year ended March 31, 2026, the company reported a standalone net profit of ₹439.59 lakhs, a significant turnaround from the net loss of ₹766.47 lakhs in the previous year. Revenue from operations for the year stood at ₹5,221.14 lakhs, compared to ₹3,347.85 lakhs in FY25. On a consolidated basis, the net profit for the year was ₹81.13 lakhs, while total income reached ₹6,052.77 lakhs.

The statutory auditors issued an unmodified review report on the audited financial results. The regulatory filing was signed by Company Secretary Saurabh Ashok Pandit.