Pajson Agro India Limited delivered a strong start to FY27, with revenue reaching ~₹67.94 crore in the quarter ended June 2026, marking a ~51% year-on-year growth compared to ₹45.03 crore in Q1 FY26. This performance underscores the company’s expanding market presence and operational efficiency in the cashew processing sector. The growth trajectory is further supported by strategic leadership enhancements and ongoing execution of its greenfield expansion project, positioning the firm for sustained long-term value creation.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Roopal Saxena, Compliance Officer & Company Secretary, signed the communication dated July 28, 2026, which was submitted to the BSE Limited. The update provides investors with key metrics on estimated revenue, order book status, and operational developments for the first quarter of the fiscal year.

Operational and Strategic Developments

Beyond financial performance, Pajson Agro advanced several strategic initiatives during the quarter. The company strengthened its leadership team by appointing Vu Thai Son, a globally recognised cashew industry expert with over three decades of international experience, as Strategic Advisor. This appointment aims to support the company’s next phase of growth through enhanced industry insights and global networking.

Simultaneously, the greenfield project execution continued as planned. As of June 30, 2026, the company had issued purchase orders worth ~₹45 crore for the new processing facility. This investment is critical for significantly enhancing installed processing capacity and building future-ready infrastructure.

Future Growth Drivers

Pajson Agro outlined five key pillars driving its future direction:

• Greenfield Expansion: Continued execution of the new facility to boost processing capacity.
• Operational Excellence: Leveraging automation and modern infrastructure to improve productivity and quality.
• Market Expansion: Strengthening ties with institutional customers while expanding domestic and international presence.
• Brand Development: Scaling the Royal Mewa consumer brand and expanding the value-added product portfolio.
• Supply Chain Strengthening: Enhancing global sourcing capabilities and procurement efficiencies.

What the Numbers Show

The ~51% revenue growth indicates robust demand absorption and effective operational scaling by Pajson Agro. The concurrent issuance of ~₹45 crore in purchase orders for capital expenditure suggests a confident outlook on future demand, justifying significant capacity expansion even as current revenues grow. This dual focus on immediate revenue growth and long-term capacity building highlights a balanced strategy aimed at capturing larger market share in the integrated cashew processing segment.

Pajson Agro India Ltd appointed M/s S.S. Kothari Mehta & Co. LLP as its statutory auditor to fill a casual vacancy caused by the resignation of M/s P.K. Maheshwari & Co. Chartered Accountants. The appointment, effective July 16, 2026, was approved by shareholders at an Extra-Ordinary General Meeting (EGM). The new auditor will hold office until the conclusion of the ensuing Annual General Meeting. This change ensures the company maintains statutory audit compliance as required under the Companies Act 2013 and SEBI Listing Regulations, 2015.

M/s S.S. Kothari Mehta & Co. LLP (SSKM) is an established chartered accountancy firm founded in 1971. The firm operates primarily from New Delhi, with additional offices in Mumbai, Kolkata, and other associate locations across India. SSKM provides services in audit, taxation, risk advisory, and transaction support, catering to listed companies, multinational corporations, and large Indian groups across sectors such as manufacturing and financial services.

The EGM also addressed other governance matters. Shareholders approved material related party transactions for FY 2026-27 and passed a special resolution to revise the means of finance for a project using internal sources. All resolutions were passed with 100% of the votes polled in favour. The voting results were scrutinized by Ankur Arora of M/s Advista Legal LLP, confirming the validity of the electronic voting process conducted from July 13 to July 15, 2026.

Voting Results Summary