Nikhil Adhesives Limited has published a statutory newspaper advertisement for Form DPT-1 (Circular or circular in the form of advertisement inviting deposits) in compliance with regulatory requirements. The advertisement was published on April 01, 2026, in both English and Marathi newspapers as part of the company's deposit acceptance scheme.

Regulatory Compliance and Publication Details

Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company published the advertisement in "Active Times" (English) and "Mumbai Lakshadeep" (Marathi) newspapers. The information is also available on the company's website at https://www.nikhiladhesives.com/shareholders/ . The circular was signed by Rajendra Sanghavi, Whole-Time Director (DIN: 00245637), and digitally signed on April 01, 2026.

Company Profile and Business Operations

Nikhil Adhesives Limited is a multi-product company manufacturing, selling, and exporting various types of Polymers Emulsions & Adhesives and trading chemicals. The company has announced capacity expansion of a new product named "RDP (Re-dispersible Polymer Powder)" with commercial production expected at the Dahej Plant before the financial year end.

Manufacturing and Branch Network

Deposit Scheme Details

The company offers unsecured fixed deposits to shareholders and the public with the following terms:

Interest Rates and Duration

The company accepts both cumulative and non-cumulative deposits, with quarterly interest payments on non-cumulative deposits. Deposits above the minimum amount must be in multiples of Rs. 1,000 only.

Financial Position and Deposit Limits

Based on the Balance Sheet as at March 31, 2025, the company's deposit acceptance capacity is:

Current Deposit Status

Financial Highlights

The company's financial performance over the last three years shows:

Credit Rating and Risk Assessment

The company has obtained a credit rating of "CRISIL BBB/Positive" from CRISIL Limited on October 01, 2025. This rating indicates moderate degree of safety regarding timely servicing of financial obligations. The deposits are unsecured and rank pari passu with other unsecured liabilities of the company.

Management Structure

The company is managed by a Whole-Time Director under the superintendence, control, and direction of the Board of Directors. Key directors include Rajendra Jayantilal Sanghavi (Executive Whole-Time Director), Umesh Jayantilal Sanghavi (Chairman and Managing Director), and Tarak Jayantilal Sanghavi (Executive Whole-Time Director), among others.

The deposit scheme remains valid for six months from the closure of the financial year or the date of the company's next Annual General Meeting, whichever is earlier, serving as a source of medium-term finance for the company's business operations.

Nikhil Adhesives Limited , a manufacturer of adhesives, binders, and chemicals, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company reported a quarterly revenue from operations of Rs 13,105.31 lakhs and a profit after tax of Rs 317.34 lakhs.

Key Financial Highlights

Change in Inventory Valuation Method

In a significant accounting policy change, Nikhil Adhesives has revised its method for valuing inventories. Effective from April 1, 2025, the company has transitioned from the First-In-First-Out (FIFO) method to the Weighted Average Method for raw materials and packing materials. Additionally, for other materials, the company has shifted from FIFO to the Standard Cost Method.

The company believes this change will provide a more accurate reflection of the actual cost flows and physical movement of goods. It is also expected to enhance comparability with industry peers, offering more reliable and relevant information to financial statement users.

Impact of Accounting Policy Change

The shift in inventory valuation methods has led to retrospective adjustments in the company's financial statements. Key impacts include:

• A cumulative effect on retained earnings of Rs 44.76 lakhs as of April 1, 2024.
• For the quarter ended September 30, 2024, the change resulted in a decrease in profit before tax by Rs 57.69 lakhs and a reduction in profit after tax by Rs 43.17 lakhs.
• The basic and diluted Earnings Per Share (EPS) for the same quarter decreased by Rs 0.09.

Financial Position

As of September 30, 2025, Nikhil Adhesives reported:

• Total assets of Rs 29,158.94 lakhs
• Total equity of Rs 13,598.93 lakhs
• Cash and cash equivalents of Rs 35.61 lakhs

The company's board of directors approved these results in a meeting held on November 13, 2025. The financial statements have been prepared in accordance with Indian Accounting Standards (IND AS) and have undergone a limited review by the statutory auditors.

Nikhil Adhesives Limited continues to focus on its core business of manufacturing adhesives, binders, emulsions, chemicals, monomers, and solvents, which constitutes its sole reporting segment under IND AS 108 'Operating Segments'.

Investors and stakeholders should note that these changes in accounting policies may affect the comparability of financial results across periods and should be considered when analyzing the company's performance.