Nahar Poly Films has scheduled its 38th Annual General Meeting (AGM) for Friday, September 25, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means (OAVM) in compliance with Section 96 of the Companies Act, 2013.

The company disseminated the AGM notice and Annual Report electronically to registered members on August 31, 2026. These documents include the audited financial statements for the year ended March 31, 2026, along with the Auditors Report and Directors Report.

Dispatch to Shareholders Without Registered Emails

In a separate intimation dated September 2, 2026, the company informed the stock exchanges that it has dispatched physical letters to shareholders who do not have registered email addresses. This action complies with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The letters contain the web-link and exact path to access the Annual Report for FY26 and the AGM Notice on the company’s website. The cut-off date for determining email registration status was August 21, 2026. Shareholders are urged to update their email details with their Depository Participants or the Registrar and Transfer Agent to receive future communications electronically.

Book Closure and Dividend Details

The Register of Members and Share Transfer Books will remain closed from September 5, 2026, to September 9, 2026, inclusive. This closure is for the purpose of dividend payment.

Shareholders whose names appear in the Register of Members as of September 4, 2026, or in the Register of Beneficial Owners maintained by depositories at the close of that day, will be eligible for the dividend if approved at the AGM.

E-Voting Procedures

The company is providing remote e-voting facilities through Central Depository Services (India) Limited (CDSL). The remote e-voting period commences on Tuesday, September 22, 2026, at 9:00 am and closes on Thursday, September 24, 2026, at 5:00 pm.

The cut-off date for determining eligibility for e-voting is September 18, 2026. Members attending the AGM via VC/OAVM who have not cast their votes remotely can vote during the meeting. However, those who have already voted remotely cannot vote again.

KYC and Compliance Updates

In line with SEBI Master Circular No. HO/38/13/(4)2026-MIRSDPOD/14298/2026 dated February 6, 2026, holders of physical securities must update their PAN, KYC details, and nomination information. This includes address, mobile number, email ID, and bank details.

Dividends for physical security holders will be paid only through electronic mode. Shareholders are advised to update their bank account details with the Company or its Registrar and Transfer Agent, M/s. Alankit Assignments Limited, to avoid delays.

Members holding shares in demat form should ensure their bank details are updated with their respective Depository Participants.

Nahar Poly Films reported a standalone net profit of ₹68.27 crore for FY26, an 88% increase from ₹36.36 crore in the previous year. The company’s total income rose 6.45% to ₹729.03 crore, supported by strong domestic sales despite a decline in exports.

Financial Performance

The company achieved revenue from operations of ₹704.20 crore in FY26, compared to ₹665.94 crore in FY25. Domestic sales contributed ₹6,531.08 crore (₹653.11 crore), while export revenues fell to ₹48.84 crore (₹4.88 crore) from ₹79.09 crore (₹7.91 crore) in the prior year.

Profit before tax surged 75% to ₹91.64 crore from ₹52.36 crore. After providing ₹23.38 crore for taxation, the net profit reached ₹68.27 crore. Consolidated net profit, including the share of profit from associates, stood at ₹78.84 crore, up from ₹47.38 crore.

Dividend and AGM Details

The Board has proposed a final dividend of ₹1.50 per equity share of face value ₹5 each for FY26, representing a 30% payout ratio. This is subject to shareholder approval at the 38th Annual General Meeting scheduled for September 25, 2026. Shareholders on record as of September 4, 2026, will be eligible for the dividend.

The register of members will remain closed from September 5, 2026, to September 9, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means (OAVM).

Expansion and Operational Updates

Nahar Poly Films is proceeding with its expansion plan to install a third BOPP film line with a capacity of 36,000 MT per annum at Village Simrai, Mandideep, Madhya Pradesh. The project, with a capital outlay of approximately ₹595 crore, is expected to be fully implemented by FY28. Upon completion, the company’s installed capacity will increase to 96,000 MT per annum.

Orders for major plant and machinery have been placed, and the project work is progressing as per schedule. The expansion aims to strengthen the company’s ability to cater to growing market demand and achieve economies of scale.

Board Re-appointments

The AGM agenda includes the re-appointment of two non-executive directors and four independent directors:

• Non-Executive Directors: Mr. Kamal Oswal and Mr. Dinesh Gogna retire by rotation and offer themselves for re-appointment.
• Independent Directors: Dr. Anchal Kumar Jain, Dr. Roshan Lal Behl, Dr. Prem Lata Singla, and Dr. Rajan Dhir seek re-appointment for a second term of five consecutive years.

What the Numbers Show

The significant divergence between revenue growth (6.45%) and profit growth (88%) indicates improved operational leverage and margin expansion. The operating profit margin expanded to 18.74% from 14.28%, suggesting better cost management or favorable product mix despite the decline in export volumes. The reduction in finance costs from ₹10.22 crore to ₹7.85 crore also contributed to the bottom-line improvement.