Polson Ltd has initiated a postal ballot process via e-voting to seek shareholder approval for the re-appointment of Mr. Dhau Gangaram Lambore as a Non-Executive Director, who has attained the age of 75 years. The resolution proposes his continuation for the period beginning from April 1, 2026, until the ensuing Annual General Meeting. This re-appointment requires a special resolution pursuant to Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors, on the recommendation of the Nomination and Remuneration Committee, has approved the re-appointment based on Mr. Lambore's extensive experience of over 41 years in leather chemicals, strategic planning, and corporate governance. The Board considers his continued association beneficial for the company and its stakeholders. None of the Directors or Key Managerial Personnel are financially interested in the resolution.

The remote e-voting period commences on June 17, 2026, at 9:00 A.M. and concludes on July 16, 2026, at 5:00 P.M. Members whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date of June 12, 2026, are eligible to participate. The notice has been dispatched electronically to members with registered email addresses.

Schedule of Events

The company has appointed CS Amita Karia of Amita Karia, Practicing Company Secretaries, as the Scrutinizer to monitor the e-voting process. The facility for e-voting is available through the Purva Shareregistry (I) Private Limited platform, as well as via CDSL and NSDL depository systems for individual shareholders holding shares in demat form. The results will be announced on or before July 16, 2026, and hosted on the company's website.

Polson Ltd reported a 9.3% increase in net profit for the financial year ended March 31, 2026, reaching ₹474.24 crore, despite a 2.2% decline in revenue from operations to ₹9,116.03 crore. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, affirming satisfaction with the company's performance. Statutory auditors M/s. R G B & Associates issued an audit report with an unmodified opinion on the financial results.

Financial Performance

For the full year, total income stood at ₹9,276.12 crore, down from ₹9,513.54 crore in the previous year. Total expenses decreased to ₹8,605.78 crore from ₹8,799.76 crore in FY25. Profit before tax for the year was ₹670.34 crore, compared to ₹713.78 crore in the prior year. The company reported earnings per share of ₹395.20 for FY26, down from ₹435.91 in the previous year.

In the quarter ended March 31, 2026, revenue from operations was ₹34.53 crore, significantly lower than the ₹95.64 crore reported in the same period last year. Net profit for the quarter stood at ₹107.93 crore, a decrease from ₹140.24 crore in Q4FY25.

Board Decisions

The Board of Directors appointed Mr. Girish Chandrakant Gaikwad, a Chartered Accountant, as the Internal Auditor of the company for the financial year 2026-27. This appointment was approved and recommended by the Audit Committee. The board meeting commenced at 03:00 pm and concluded at 03:45 pm on May 29, 2026.

Financial Results Summary