Retina Paints board of directors approved the company’s 16th annual report for FY26 and convened its 16th annual general meeting. The corporate action was confirmed following the 106th board meeting held on September 5, 2026.

The meeting commenced at 12:36 pm and concluded at 12:56 pm. The Board approved the Director’s Report and the Management Discussion and Analysis Report, which form part of the annual filing for the fiscal year ending March 31, 2026.

Meeting Logistics

The 16th Annual General Meeting is scheduled for Wednesday, September 30, 2026, at 12:30 pm. The event will be conducted through Video Conferencing or Other Audio-Visual Means.

Key dates for shareholders are as follows:

MVK & Associates, Practicing Company Secretaries based in Hyderabad, have been appointed as the scrutinizer for the meeting.

Madhu Solanki, Company Secretary and Compliance Officer, signed the disclosure filed with BSE Limited.

Retina Paints reported a net profit of ₹6.39 million for the financial year ended March 31, 2026, a decline of 51% from ₹13.04 million in the previous year. Revenue from operations for the year rose to ₹237.41 million, compared to ₹206.24 million in FY25. The board approved the audited standalone financial results and the re-appointment of statutory auditors for FY27 at its meeting held on May 28, 2026.

Financial Performance

The company's total income for FY26 stood at ₹238.59 million, up from ₹210.09 million in the previous year. Total expenses increased to ₹228.97 million from ₹191.58 million in FY25. The profit before tax for the year was ₹9.62 million, down from ₹18.51 million in the corresponding period last year. Earnings per share (EPS) for the year decreased to ₹0.42 from ₹0.85 in FY25.

Auditor Appointments

The board approved the re-appointment of M/s. M M R S & Co as Internal Auditors, M/s. MVK & Associates as Secretarial Auditors, and M/s. KP Associates as Tax Auditors for the financial year 2026-27. The statutory auditors, CMT & Associates, issued an unmodified audit report on the financial results.

Key Financial Metrics

Borrowings and Compliance

The company disclosed that its outstanding qualified borrowings at the end of FY26 were ₹19.28 crore, compared to ₹9.84 crore at the start of the financial year. Incremental borrowing during the year amounted to ₹9.44 crore. The financial results were reviewed and recommended by the audit committee and are in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.