Pacific Industries Limited held its 37th Annual General Meeting on September 23, 2026, adopting the audited financial statements for FY26. The meeting, conducted via video conferencing, also approved the reappointment of a retiring director.

The proceedings commenced at 12:30 pm and concluded by 12:47 pm. Mrs. Nehal Mehta served as the Chairperson for the session. The Board of Directors had appointed Mr. Ronak Jhuthawat as the Scrutinizer to oversee the voting process.

Resolutions Passed

Members transacted two ordinary business items during the meeting:

1. Adoption of audited financial statements, including consolidated statements, for the year ended March 31, 2026.
2. Reappointment of Mrs. Geeta Agarwal as a Director in place of her retirement by rotation.

Voting Process Details

Remote e-voting facilities were active from September 19, 2026, at 9:00 am until September 22, 2026, at 5:00 pm. During the live meeting, e-voting remained open for an additional 15 minutes to allow members to cast their votes.

The final voting results will be communicated to stock exchanges along with the combined Scrutinizer's report within stipulated regulatory timelines. These details will also be available on the company's website and BSE platforms.

Attendees

Directors present at the virtual meeting included:

• Jagdish Prasad Agarwal
• Kapil Agarwal
• Geeta Devi Agarwal
• Nehal Mehta
• Neelam Tater
• Rekha Suthar

Sachin Shah served as the Company Secretary.

Pacific Industries approved its financial results for FY26 and the notice for its 37th Annual General Meeting (AGM) on August 26, 2026. The Board meeting, held at its registered office in Udaipur, also appointed M/s Ronak Jhuthawat and Co. as the scrutinizer for e-voting.

The company reported a standalone net profit of ₹196.01 lakh for the year ended March 31, 2026, down from ₹525.46 lakh in the previous year. Total revenue from operations and other income stood at ₹15,799.37 lakh, compared to ₹25,099.70 lakh in FY25.

Financial Performance

The consolidated net profit was ₹198.93 lakh, a decline from ₹764.76 lakh in FY25. Consolidated revenue from operations and other income totaled ₹16,096.87 lakh, down from ₹25,711.64 lakh in the prior year. Operating profit before interest and tax (PBDIT) decreased to ₹1,513.08 lakh from ₹2,273.01 lakh on a standalone basis.

What the Numbers Show

Revenue declined significantly year-on-year, driven primarily by a drop in export sales. Export sales fell to ₹12,546.42 lakh from ₹23,098.35 lakh in FY25. Domestic sales, however, increased to ₹2,676.53 lakh from ₹847.65 lakh. This shift highlights a continued reliance on export markets, which accounted for approximately 81% of total revenue from operations in FY26, compared to roughly 94% in FY25.

AGM Details

The 37th AGM is scheduled for September 23, 2026, at 12:30 pm through video conferencing or other audio-visual means. The register of members will remain closed from September 16 to September 23, 2026. Mrs. Geeta Agarwal retires by rotation and offers herself for reappointment.

The Board did not recommend any dividend for FY26. The company’s statutory auditors, M/s Ravi Sharma & Co., issued an unqualified opinion on the standalone and consolidated financial statements.