Sampann Utpadan India Limited has scheduled its 16th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM) at 1:00 pm IST.

Shareholders holding shares as of the cut-off date, Tuesday, September 22, 2026, are eligible to participate and cast their votes electronically. The company will dispatch the notice for the AGM along with the Annual Report for FY25-26 electronically to shareholders with registered email addresses.

Meeting Logistics

The Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026 (both days inclusive) for the purpose of the 16th AGM for the financial year ended March 31, 2026.

The company will send a physical letter containing a web link to access the notice and annual report to shareholders who have not registered their email IDs. These documents are also available on the company’s website at www.suil.in and on stock exchange portals.

Members attending the meeting via VC/OAVM will be counted toward the quorum under Section 103 of the Companies Act, 2013. The process for remote e-voting and voting during the AGM will be detailed in the official notice.

Shareholder Instructions

Shareholders with dematerialized holdings should register or update their email addresses through their Depository Participants. Those with physical holdings must submit Form ISR-1 to the Registrar and Share Transfer Agent, Alankit Assignments Limited.

Equity shareholders can contact Alankit Assignments Limited for assistance with registration. Members who acquire shares after the dispatch of the notice but hold shares on the cut-off date may cast their votes via remote e-voting or during the AGM.

Key Agenda Items

The AGM will transact several ordinary and special business resolutions:

• Adoption of Financial Statements: Approval of audited standalone and consolidated financial statements for FY25-26.
• Director Re-appointment: Re-appointment of Mr. Sanjeetkumar Gourishankar Rath (DIN: 08140999) as a director liable to retire by rotation.
• Statutory Auditor Appointment: Appointment of M/s V Doogar And Associates, Chartered Accountants (Firm Registration No. 042757N), as Statutory Auditors for five years, commencing from the conclusion of this AGM until the 21st AGM in 2031. The proposed fee is up to ₹4.80 lakh per annum plus applicable taxes and out-of-pocket expenses. This represents an increase of ₹1.20 lakh per annum over the fee paid to the previous auditors, M/s D. Tayal & Jain, Chartered Accountants.
• Cost Auditor Remuneration: Ratification of remuneration payable to M/s Y S Thakar & Co., Cost Accountants, for auditing cost accounting records for FY26-27. The approved remuneration is ₹37,500 plus out-of-pocket expenses and taxes.
• Executive Director Remuneration Revision: A special resolution seeks approval for revised terms of appointment for Mr. Sanjeetkumar Gourishankar Rath, Executive Director. The proposed remuneration is up to ₹4.00 lakh per month (₹48.00 lakh per annum) for the period April 1, 2026, to March 31, 2028. For the current financial year (effective April 1, 2026), the remuneration is set at ₹3,33,333 per month. This revision is required under Section 196, 197, and Schedule V of the Companies Act, 2013, due to inadequate profits.

Financial Performance Context

According to the explanatory statement accompanying the notice, the company reported significant growth in sales for FY25-26. Sales increased to ₹1,346.86 crore (₹1,34,68.58 Lakhs), up from ₹926.36 crore (₹9,263.63 Lakhs) in the previous year, marking a 49.39% increase. Despite this top-line growth, the company reported a profit of ₹679.29 crore (₹679.29 Lakhs) for FY25-26, citing a challenging business environment in the reclaim rubber industry and rising operational costs.

The company attributes lower profits to stiff competition from virgin rubber products and unfavorable environmental conditions affecting wind power generation. Management has outlined strategic measures to address productivity issues and reduce costs.

Sampann Utpadan reported a significant improvement in profitability for FY26, with net profit after tax rising 70.2% year-on-year to ₹679.3 million. The growth was supported by a robust expansion in operating revenue, which increased 45.4% to ₹1,426.4 million.

The company's financial performance for the fiscal year ended March 31, 2026, reflects strong operational execution in its core reclaimed rubber business. While revenue surged, the bottom-line growth outpaced top-line expansion, indicating improved operational leverage and cost management during the period.

Financial Performance

The consolidated revenue from operations reached ₹1,426.4 million in FY26, compared to ₹975.1 million in the previous year. This substantial increase was primarily driven by the Reclaimed Rubber Division, which contributed approximately ₹1,344.0 million to the total revenue. The Non-Conventional Energy Division contributed a marginal ₹28.5 million, remaining relatively flat compared to the prior year.

*EBITDA calculated as Profit before financial cost, depreciation, and tax.

Other income also saw a notable increase, rising to ₹96.1 million from ₹31.7 million in FY25. This was largely attributed to a gain on currency fluctuation of ₹52.8 million and duty drawback benefits of ₹26.0 million. In contrast, the previous year included an exceptional item of ₹811.2 million from the sale of Extended Producer Responsibility (EPR) certificates, which did not recur in FY26.

What the Numbers Show

A key analytical observation is the divergence between revenue growth and cost escalation. While revenue grew by 45.4%, the cost of material consumed rose by 40.2% to ₹1,139.4 million. This suggests that the company successfully passed on a portion of input cost increases to customers or benefited from favorable product mix shifts, allowing EBITDA margins to expand significantly. The absence of the large one-time EPR certificate sale in FY26 makes the current-year profit figure a more reliable indicator of recurring operational performance compared to FY25.

Capital Structure and Governance

During the year, the company converted 8.2 million convertible warrants into equity shares, increasing its paid-up capital to ₹488.1 million from ₹406.1 million. This move strengthened the equity base without diluting existing shareholders' value through fresh issuance at market rates. The Board did not declare any dividend for FY26, opting instead to retain earnings to strengthen the financial position and fund future operational requirements.

The company also announced changes in its statutory auditorship. M/s V Doogar & Associates will replace M/s D. Tayal & Jain as the statutory auditors for the next five years, effective from the conclusion of the upcoming Annual General Meeting. Additionally, the Board sought approval for the remuneration of Executive Director Sanjeetkumar Gourishankar Rath, reflecting ongoing efforts to align management compensation with performance metrics.