Pashupati Cotspin has scheduled its 9th Annual General Meeting for September 30, 2026. The board also appointed a new secretarial auditor for a five-year term.

The company’s board of directors concluded its meeting on September 3, 2026, approving several key corporate governance matters. These approvals pave the way for shareholder voting on upcoming financial and operational resolutions.

Auditor Appointment

The board appointed M/s. Nisarg Sharma & Associates as the secretarial auditor. This appointment covers a term of five consecutive financial years, from FY27 to FY31. The firm holds Peer Review Certificate No. 3941/2023 issued by the Institute of Company Secretaries of India.

Shareholders must approve this appointment at the ensuing AGM. The firm provides professional services in corporate laws, securities laws, and corporate governance compliance.

AGM Logistics

The 9th AGM will take place at the company’s registered office at 4:00 pm on September 30, 2026. M/s. Nisarg Sharma & Associates will also serve as the scrutinizer for e-voting and physical voting during the meeting.

To determine eligibility for voting, shareholders must be on the register as of September 23, 2026. The register of members and share transfer books will remain closed from September 24 to September 30, 2026.

Related Party Transactions

The board approved material transactions with various related parties for FY27 and FY28. These transactions are subject to member approval at the AGM. The notice convening the meeting includes the report of the board of directors for the financial year ended March 31, 2026.

Pashupati Cotspin has reported a significant year-on-year improvement across key financial metrics for Q1, with net profit more than tripling and operating margins expanding sharply. The company's results reflect broad-based growth in both revenue and profitability, underscoring a meaningful turnaround in operational performance compared to the year-ago period.

Q1 Financial Performance at a Glance

The company's Q1 results showed robust growth across all major financial parameters. The following table summarises the key metrics on a year-on-year basis:

Net Profit and Revenue Growth

Pashupati Cotspin recorded a net profit of 72M rupees in Q1, compared to 20M rupees in the corresponding quarter of the previous year, representing a sharp year-on-year increase. Revenue for the quarter came in at 1.22B rupees, up from 1.06B rupees in the year-ago period, indicating steady top-line growth. The improvement in revenue reflects the company's ability to scale its business operations on a year-on-year basis.

EBITDA and Margin Expansion

On the operational front, EBITDA rose to 117M rupees from 42M rupees in the same quarter last year, highlighting a substantial improvement in operating earnings. The EBITDA margin expanded to 9.62% from 3.92% on a year-on-year basis, indicating a meaningful enhancement in cost efficiency and operational leverage. This margin improvement is particularly notable as it reflects a gain of approximately 5.70 percentage points year-on-year, pointing to stronger underlying business fundamentals during the quarter.