Niraj Ispat Industries niraj ispat industries will hold its 41st Annual General Meeting (AGM) on August 20, 2026, at its registered office in Delhi. The company has announced that its Register of Members and Share Transfer Books will remain closed from August 10, 2026, to August 19, 2026, to determine shareholders eligible to attend and vote. This closure ensures a definitive record of ownership for the meeting, where key governance decisions, including the adoption of financial statements and director reappointments, will be finalized.

The Board of Directors approved the notice for the AGM during a meeting held on July 25, 2026. The primary agenda items include the consideration and adoption of the standalone Audited Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. Additionally, shareholders will vote on the reappointment of Mr. Chaitanya Chaudhry (DIN: 06813394) as a director liable to retire by rotation. The company also appointed M/S Vipin Kumar & Company as its internal auditor for the financial year 2026-27 and designated Mr. Vivek Kumar of V Kumar & Associates as the Scrutinizer for the AGM.

Key Dates and Timelines

Shareholders must note specific deadlines to participate in the meeting or exercise their voting rights. The remote e-voting period opens on August 17, 2026, at 9:00 A.M. and closes on August 19, 2026, at 5:00 P.M. The record date for determining voting eligibility is August 14, 2026. Physical proxies must be deposited at the registered office no later than 48 hours before the meeting commences.

Voting Procedures and Compliance

The company is facilitating electronic voting through the National Securities Depository Limited (NSDL) platform, in compliance with Section 108 of the Companies Act, 2013, and SEBI regulations. Individual shareholders holding securities in demat mode can vote directly through their depository accounts using NSDL’s IDeAS portal or the NSDL Speede mobile app. Shareholders holding physical shares or those not registered for demat voting must retrieve their initial password from NSDL or use OTP-based login options.

Institutional shareholders are required to submit scanned copies of board resolutions or authority letters to the Scrutinizer via email at csvivekkumar@gmail.com , with a copy to evoting@nsdl.co.in . The disclosures were made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chaitanya Chaudhry, Director and CEO, signed the intimation letter dated July 27, 2026, ensuring all procedural requirements for the AGM are met.

Niraj Ispat Industries reported a 30% year-on-year increase in net profit to ₹38.97 lakh for the quarter ended March 31, 2026, driven by higher other income. Revenue from operations for the quarter stood at ₹89.29 lakh, while total income rose marginally to ₹127.69 lakh. For the full financial year FY26, the company recorded a net profit of ₹162.44 lakh on a total income of ₹508.21 lakh.

The company's board approved the financial results at a meeting held on May 25, 2026. The statutory auditors, Sanjeev Anand & Associates, audited the results for the year ended March 31, 2026, and expressed an unmodified opinion. The results were prepared in compliance with Indian Accounting Standards (Ind-AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations for Q4FY26 decreased from ₹99.64 lakh in the corresponding period of the previous year. However, other income increased to ₹38.40 lakh from ₹27.51 lakh in Q4FY25. Total expenses for the quarter rose to ₹73.88 lakh from ₹76.16 lakh in the prior year. The profit before tax for the quarter stood at ₹53.81 lakh compared to ₹50.98 lakh in the same period last year.

For the full year FY26, revenue from operations was ₹362.19 lakh, while other income contributed ₹146.02 lakh. Total expenses for the year amounted to ₹288.48 lakh. The basic and diluted earnings per share (EPS) for Q4FY26 were reported at ₹6.50, compared to ₹5.00 in the same quarter of the previous year.

Segment and Operational Details

Niraj Ispat Industries is engaged in the manufacturing of poly buttons and operates a single reportable operating segment as per Ind AS 108. The company resubmitted the financial results to the National Stock Exchange on June 20, 2026, to provide clarification regarding the authorized signatory's signature on the initial submission dated May 25, 2026.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹2,167.05 lakh, a slight increase from ₹2,010.11 lakh in the previous year. Equity share capital remained unchanged at ₹60.00 lakh, while total equity increased to ₹1,593.00 lakh from ₹1,430.56 lakh. Borrowings, including non-current and current liabilities, were recorded at ₹455.17 lakh.

Cash flow from operating activities for the year ended March 31, 2026, was negative at ₹(141.25) lakh, compared to ₹(412.26) lakh in the previous year. Net cash used in investing activities was ₹142.78 lakh, while financing activities resulted in a net outflow of ₹3.26 lakh. Cash and cash equivalents at the end of the fiscal year stood at ₹1.14 lakh.