PTC Industries Limited shareholders approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, during the company's 63rd Annual General Meeting (AGM). The meeting, held virtually on September 30, 2026, also saw the reappointment of Smita Agarwal as a director liable to retire by rotation.

The proceedings were conducted through video conferencing in compliance with the Companies Act, 2013 and SEBI regulations. The meeting commenced at 3:00 pm and concluded at 3:25 pm. The Chairman, Sachin Agarwal, welcomed attendees and confirmed the presence of the requisite quorum before calling the meeting to order.

Voting outcomes

All three agenda items were passed as ordinary resolutions with significant majority support. The adoption of financial statements received assent from 94.18% of votes cast, while the reappointment of the director garnered near-unanimous support at 99.94%. Ratification of remuneration for cost auditors was approved by 100% of voting members.

Meeting details and participation

The AGM was attended by key board members including Priya Ranjan Agarwal, Director (Marketing); Smita Agarwal, Director and CFO; and Alok Agarwal, Director (Quality & Technical). Independent directors Kamesh Gupta, Rakesh Shukla, Vishal Mehrotra, and Prashuka Jain were also present. Statutory auditors from M/s S. N. Dhawan & Co. LLP submitted their report without qualifications.

Voting rights were reckoned based on holdings as of the cut-off date, September 23, 2026. Remote e-voting was open from September 27 to September 29, 2026, facilitated by Central Depositories Services (India) Limited. Amit Gupta of M/s Amit Gupta & Associates served as the scrutinizer for the voting process.

What the numbers show

The voting data reveals a divergence in shareholder sentiment across resolutions. While the reappointment of a director and administrative ratifications achieved near-total consensus (99.94% and 100% assent respectively), the adoption of financial statements saw 5.82% dissent. This suggests that while confidence in management continuity remains high, a minority of shareholders may have had specific concerns regarding the FY26 financial disclosures or performance metrics.

PTC Industries submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the National Stock Exchange of India Limited and BSE Limited on September 8, 2026. The filing covers standalone operations across manufacturing facilities in Lucknow and Mehsana.

The report discloses key environmental, social, and governance metrics for the financial year ended March 31, 2026. It includes data on energy consumption, greenhouse gas emissions, water usage, and waste management practices.

Environmental Metrics

Total energy consumption fell to 49,355.98 GJ in FY26 from 97,822.76 GJ in FY25. Energy intensity per rupee of turnover decreased to 0.0017 GJ/lakhs Rupees from 0.0040 GJ/lakhs Rupees.

Water withdrawal totalled 5,754 kilolitres, primarily from groundwater. The company maintained Zero Liquid Discharge status across all manufacturing plants, with zero water discharged to surface or groundwater sources in FY26 compared to 2,480 kilolitres discharged in FY25.

Waste Management

Total waste generated was 4,410.63 metric tonnes, a slight decline from 4,436.24 metric tonnes in the prior year. Of this, 4,287.32 metric tonnes consisted of steel and scrap metal, which was fully reused. Only 1.53 metric tonnes of plastic waste required disposal via other methods.

Employee Safety and Well-being

The company reported zero lost-time injuries and zero fatalities among employees and workers during FY26. Training coverage remained high, with 94.44% of permanent employees receiving health and safety training. The workforce comprises 243 employees and 477 workers, with female representation at 7.41% among employees and 0% among workers.

Governance and Compliance

PTC Industries paid a fine of ₹1,35,000 to stock exchanges for a temporary shortfall in independent directors between January 24, 2025, and February 20, 2025. No other regulatory penalties or legal actions were reported. The Stakeholders' Relationship Committee oversees business responsibility policies.

What the Numbers Show

A significant divergence exists between renewable and non-renewable energy consumption. While renewable energy contributed only 2,708.41 GJ (approximately 5.5% of total mix), non-renewable sources accounted for 46,647.58 GJ. This highlights that despite efficiency gains reducing overall energy intensity, the operational energy profile remains heavily dependent on non-renewable inputs.