Polymechplast Machines Limited has set September 17, 2026, as the record date for determining shareholder eligibility for its final dividend for the financial year ended March 31, 2026. The company will convene its 39th Annual General Meeting (AGM) on September 24, 2026, where members will vote on the approval of this dividend distribution. This announcement provides clarity on the timeline for entitlement, allowing investors to plan their holdings accordingly ahead of the book closure period.

The Register of Members and Share Transfer Books will remain closed from September 18, 2026, through September 24, 2026, inclusive of both days. This closure is mandated pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. During this period, no transfer of shares will be registered, ensuring that the list of eligible shareholders remains static for the purpose of dividend payment and e-voting at the AGM.

The AGM is scheduled to take place on Thursday, September 24, 2026, at 3:00 p.m. (IST). In accordance with regulatory guidelines permitting remote participation, the meeting will be conducted through Video Conferencing or Other Audio Visual Means. Shareholders holding shares on the record date will have the right to participate and vote on the resolutions presented, including the ratification of the final dividend proposal.

If the members approve the dividend at the AGM, the company intends to initiate payments starting Monday, October 12, 2026. The actual disbursement is contingent upon the successful passage of the relevant resolution during the meeting. All dividend payments will be subject to the deduction of tax at source (TDS) as per prevailing income tax laws.

Key Dates for Shareholders

Investors should note that the record date precedes the AGM date, which is a standard procedure ensuring that only those who held shares prior to the meeting are entitled to vote and receive dividends. The book closure period effectively freezes the share register for one week.

• Record Date: September 17, 2026
• Book Closure Period: September 18, 2026 – September 24, 2026
• AGM: September 24, 2026

The intimation was issued by Vaishali Punjabi, Company Secretary & Compliance Officer, and submitted to BSE Limited on August 12, 2026. The company’s scrip code on the exchange is 526043.

Polymechplast Machines reported a standalone net loss of ₹71.47 lakh for the quarter ended June 30, 2026 (Q1FY26), reversing a net profit of ₹25.09 lakh in the same period last year. The decline was driven by a contraction in revenue from operations to ₹992.64 lakh from ₹1,197.59 lakh year-on-year, coupled with higher cost of materials consumed at ₹595.67 lakh. The Board of Directors approved these unaudited financial results on August 12, 2026, alongside key corporate governance updates including the re-appointment of Himmatlal Parshottambhai Bhuva and the scheduling of the 39th Annual General Meeting.

The company’s total income stood at ₹1,017.09 lakh for the quarter, comprising ₹992.64 lakh from operations and ₹24.45 lakh from other income. Total expenses rose to ₹1,109.10 lakh from ₹1,250.48 lakh in Q1FY25, primarily due to lower inventory adjustments which recorded a positive change of ₹144.96 lakh compared to a negative adjustment of ₹233.49 lakh in the prior year. Despite the expense reduction, the pre-tax position deteriorated to a loss of ₹92.01 lakh from a loss of ₹33.34 lakh in Q1FY25. A deferred tax benefit of ₹20.53 lakh reduced the final net loss.

Financial Performance Snapshot

On the consolidated front, Polymechplast Machines reported a net loss after tax and share of associate’s profit/loss of ₹79.68 lakh, compared to a loss of ₹29.07 lakh in Q1FY25. The associate entity, TBC-Goldcoin Private Limited, contributed a loss of ₹8.21 lakh during the quarter, widening the consolidated deficit. Consolidated revenue from operations remained identical to standalone figures at ₹992.64 lakh, indicating no significant inter-segment elimination or additional revenue streams from associates in this period.

Corporate Governance Updates

The Board meeting held on August 12, 2026, also addressed several administrative matters. The directors noted the resignation of Independent Director Chirag Sureshbhai Shah, effective August 7, 2026, citing health reasons. Consequently, Shah ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. To maintain board composition, the Board recommended the re-appointment of Himmatlal Parshottambhai Bhuva (DIN: 00054580), who retires by rotation and has offered himself for re-election.

The Board fixed the book closure period from September 18, 2026, to September 24, 2026, for the purpose of the 39th Annual General Meeting (AGM). The AGM is scheduled to be held on September 24, 2025, via Video Conferencing or other Audio Visual Means (OAVM). Note: The source document lists the AGM date as September 24, 2025, which appears to be a typographical error given the current context of FY26 results; however, the date is reported exactly as stated in the filing. M/s. Devesh Pathak & Associates, Practising Company Secretaries, Vadodara, were appointed as Scrutinizer for the remote voting process.

Statutory Auditors CNK & Associates LLP issued their review report on the unaudited standalone and consolidated financial results, confirming that nothing came to their attention to suggest the statements do not comply with Ind AS 34 and SEBI Listing Regulations. The results were prepared in accordance with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013.