Salora International has confirmed the record date for its 57th Annual General Meeting (AGM) as September 18, 2026. The company announced this cut-off date in a communication to the BSE and Calcutta Stock Exchange on September 1, 2026.

The AGM is scheduled for Friday, September 25, 2026. It will address matters pertaining to the financial year ended March 31, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (OA/VM) to ensure compliance with regulatory guidelines allowing remote participation.

Meeting Details

The session begins at 11:00 am Indian Standard Time. Shareholders must participate remotely as per the Companies Act, 2013, and relevant circulars from the Ministry of Corporate Affairs and SEBI.

Agenda Items

The notice outlines specific ordinary and special business items for shareholder consideration:

• Adoption of Financial Statements: Shareholders will adopt the audited financial statements for FY26, including the balance sheet and profit and loss account, along with reports from the Board of Directors and auditors.
• Director Reappointment: Tarun Jiwarajka (DIN 00386240) retires by rotation and offers himself for reappointment as a director. He is eligible for re-election under Section 149 and Section 152 of the Companies Act, 2013.
• Cost Auditor Ratification: The remuneration payable to M/s. Gurvinder Chopra & Co., Cost Accountants, amounting to ₹50,000 excluding taxes and out-of-pocket expenses, requires ratification for the audit of cost records for FY26.

Voting and Participation

National Securities Depository Limited (NSDL) has been appointed as the agency for facilitating remote e-voting. The voting window opens on Tuesday, September 22, 2026, at 9:00 am and closes on Thursday, September 24, 2026, at 5:00 pm.

Key logistical details include:

• Record Date: The register of members will be closed from September 18, 2026, to September 25, 2026. Eligibility for voting is determined as on September 18, 2026.
• Proxy Restrictions: In compliance with MCA Circular No. 14/2020, the facility to appoint proxies is not available for this virtual meeting. However, body corporates may appoint authorized representatives.
• Scrutinizer: Shivam Rastogi, Partner of SVR & Co., Practicing Company Secretaries, has been appointed as the scrutinizer for the e-voting process.

Regulatory Compliance

The notification was issued pursuant to Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also cites section 91 of the Companies Act, 2013, read with Rule 10 of the Companies (Management and Administration) Rules, 2014.

The advertisement for the meeting was published in newspapers in English and local languages on August 30, 2026, and again on September 2, 2026, as per the latest filing dated September 2, 2026.

Gopal Sitaram Jiwarajka, Chairman and Managing Director, signed the communication addressed to the listing exchanges. The company’s registered office remains located in Okhla Industrial Area, New Delhi.

Salora International reported a net loss of ₹99.31 lakh for the quarter ended June 30, 2026, reversing from a net profit of ₹4.31 lakh in the corresponding period of FY25. Revenue from operations fell sharply by 87.7% year-on-year to ₹338.44 lakh, down from ₹2,741.38 lakh in Q1FY25.

The significant decline in turnover was attributed to the suspension of the company’s GST registration in Delhi from March 27, 2026, to May 29, 2026. This regulatory disruption adversely impacted operations and sales volumes during the quarter.

Financial Performance

Total expenses for the quarter stood at ₹438.80 lakh, compared to total income of ₹339.49 lakh. Key expense components included:

• Purchases of stock in trade: ₹218.03 lakh
• Changes in inventories: ₹77.62 lakh
• Other expenses: ₹81.26 lakh
• Finance costs: ₹25.00 lakh

Employee benefits expense decreased to ₹30.10 lakh from ₹50.45 lakh in the previous year’s quarter. Depreciation and amortization remained stable at ₹4.70 lakh.

What the Numbers Show

Other income contributed only ₹1.05 lakh to total income, a stark contrast to the ₹159.59 lakh recorded in Q1FY25. This indicates that the current quarter’s results were driven almost entirely by core operational performance, which was severely constrained by the GST suspension, rather than non-operating gains.

Corporate Updates

The Board of Directors finalized the date for the 2025-26 Annual General Meeting (AGM) as September 25, 2026. The meeting will be held at 11:00 am at the company’s registered office in New Delhi.

Regarding legal proceedings, the Special Leave Petition (SLP) in the Supreme Court was admitted on merits on January 23, 2026, with the stay continuing. Court fees of ₹24.06 lakh were deposited in April 2026 and recognized as an expense in the current quarter.

Statutory auditors O P Bagla & Co LLP issued a limited review report with an unmodified opinion on the unaudited financial results.