Narmadesh Brass sets Sep 22 as record date for first post-IPO AGM
- Narmadesh Brass confirms record date for first post-IPO AGM is September 22, 2026
- Register of Members closed from September 22 to 28, 2026
- AGM scheduled for September 29, 2026 via video conferencing
- E-voting window opens September 25 and closes September 28
- Company reported FY26 PAT of ₹355.14 lakhs, down 30% YoY
*this image is generated using AI for illustrative purposes only.
Narmadesh Brass Industries has confirmed the record date for its first Annual General Meeting post Initial Public Offering. The Register of Members and Share Transfer Books will remain closed from Tuesday, September 22, 2026, to Monday, September 28, 2026.
The company issued a formal intimation to the Listing Department of BSE Limited on September 3, 2026, specifying the book closure period. This closure aligns with the determination of the record date for shareholders eligible to vote at the upcoming meeting.
Meeting Schedule
The first AGM post-IPO is scheduled for Tuesday, September 29, 2026. The event will be conducted through Video Conferencing or Other Audio Visual Means, in compliance with Ministry of Corporate Affairs and SEBI circulars. Physical attendance is dispensed with, and the deemed venue is the registered office in Jamnagar, Gujarat.
Remote e-voting facilities are provided by National Securities Depository Limited. The voting window opens on Friday, September 25, 2026, at 9:00 am and closes on Monday, September 28, 2026, at 5:00 pm. Members holding shares as of the cut-off date, Tuesday, September 22, 2026, are eligible to vote.
Financial Context
The AGM follows the filing of the annual report for FY26. Narmadesh Brass reported total income of ₹9,722.60 lakhs, up 10.42% from the previous year. However, profit after tax fell 29.91% to ₹355.14 lakhs, reflecting margin compression despite top-line growth. Revenue from operations grew 8.47% to ₹9,522.48 lakhs.
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) | Change |
|---|---|---|---|
| Total Income | 9,722.60 | 8,805.01 | +10.42% |
| Profit Before Tax | 400.02 | 706.50 | -43.39% |
| Profit After Tax | 355.14 | 506.71 | -29.91% |
| Revenue from Operations | 9,522.48 | 8,779.47 | +8.47% |
Director Re-appointment
Mrs. Ronak Dudhagara retires by rotation and offers herself for re-appointment as Executive Director. She holds a Bachelor's degree in Science from Saurashtra University and has over eight years of experience in the brass industry. Her functional responsibilities include strategic planning and implementation.
| Director Detail | Information |
|---|---|
| Name | Mrs. Ronak Hitesh Dudhagara |
| Current Position | Executive Director |
| Experience | More than 8 years in brass industry |
| Shares Held | 3,09,800 Equity Shares (as on March 31, 2026) |
| Remuneration | NIL |
Historical Stock Returns for Narmadesh Brass Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | +104.06% | 0.0% | 0.0% |
What specific operational or market factors contributed to the 43% decline in profit before tax despite an 8.5% increase in revenue from operations?
How does the company plan to address margin compression and improve profitability in the upcoming fiscal year following this AGM?
Will the re-appointment of Executive Director Mrs. Ronak Dudhagara signal any changes in strategic planning or expansion initiatives for the brass industry segment?
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