Safety Controls & Devices has concluded its board meeting on August 31, 2026, approving the Annual Report for FY26 and setting the date for its upcoming Annual General Meeting (AGM).

The session, which began at 4:00 pm and ended at 5:20 pm at the company’s registered office in Lucknow, focused on finalizing corporate governance structures and shareholder engagement timelines for the coming year.

AGM Schedule and Logistics

The board has fixed September 26, 2026, as the date for the AGM, to be held at Hotel Clarks Avadh in Lucknow. Shareholders can participate in remote e-voting via National Securities Depository Limited (NSDL) between September 23 and September 25, 2026.

CS Sukhmendra Kumar of MMA & Partners was appointed as the Scrutinizer to oversee the voting process.

Corporate Social Responsibility Updates

The board reviewed CSR activities for FY25-26 and approved the Revised CSR Policy effective from FY26-27. This includes the Annual Action Plan (AAP) and proposed expenditure for the next fiscal year, as recommended by the CSR Committee.

Governance and Appointments

Key governance decisions included:

• Re-appointment of Mr. Rajnish Chopra as Managing Director, subject to shareholder approval.
• Fixation of remuneration for Company Secretary Shiva Nigam, effective July 1, 2026.
• Appointment of MMA & Partners as Secretarial Auditors for a five-year term.
• Approval of related-party transactions for FY26-27.

What the Numbers Show

This outcome filing confirms the procedural timeline for shareholder approvals. The appointment of a long-term secretarial auditor signals a focus on sustained compliance oversight, while the specific AGM dates provide clarity for investor participation in the approval of FY26 results.

Safety Controls & Devices Limited reported an 88.7% rise in net profit to ₹1,442.38 lakh for the financial year ended March 31, 2026, compared to ₹764.41 lakh in the previous year. Revenue from operations increased 14.1% to ₹11,701.47 lakh from ₹10,256.03 lakh in FY25. The company’s total income for the year stood at ₹11,805.91 lakh.

The Board of Directors approved the audited financial results for the half year and financial year ended March 31, 2026 at its meeting held on May 30, 2026. The statutory auditors, M/s. Panchal S K & Associates, issued an unmodified opinion on the financial results. The earnings per share (EPS) for the year improved to ₹10.60 from ₹5.94 in the prior year.

Financial Performance

The company’s finance costs rose significantly to ₹921.20 lakh in FY26 from ₹601.18 lakh in the previous year. Total expenses for the year increased to ₹10,017.98 lakh from ₹9,185.40 lakh. Profit before tax for the year stood at ₹1,787.93 lakh, up from ₹1,164.81 lakh in FY25.

For the half year ended March 31, 2026, the company reported a net profit of ₹688.54 lakh on revenue from operations of ₹7,320.32 lakh. In the corresponding half year ended March 31, 2025, the net profit was ₹582.33 lakh with revenue of ₹5,743.38 lakh.

Balance Sheet and Cash Flows

The company’s total assets increased to ₹19,588.46 lakh as of March 31, 2026, from ₹11,988.43 lakh a year earlier. Shareholders' funds rose to ₹5,875.76 lakh from ₹4,056.83 lakh. Trade receivables surged to ₹15,870.93 lakh from ₹8,732.46 lakh, while short-term borrowings increased to ₹4,429.31 lakh from ₹2,814.83 lakh.

Cash flow from operating activities was negative at ₹1,121.98 lakh for FY26, compared to a negative ₹1,003.57 lakh in the previous year. Cash flow from financing activities was positive at ₹983.43 lakh, while investing activities generated a net cash inflow of ₹157.10 lakh. Cash and cash equivalents at the end of the year stood at ₹22.09 lakh.

Related Party Disclosures

The company disclosed transactions with key management personnel. Rajnish Chopra, Director and CEO, received a remuneration of ₹34.00 lakh and had an outstanding loan of ₹262.19 lakh from the company as of March 31, 2026. Abhishek Chopra, Whole Time Director, received ₹16.20 lakh in remuneration. Ashutosh Mishra, CFO, joined as a Key Managerial Personnel effective June 23, 2025, and received a salary of ₹3.44 lakh.