Sampark India Logistics Limited has clarified to BSE that the delay in submitting the proceedings of its 14th Annual General Meeting (AGM) was inadvertent and due to a bona fide understanding of regulatory timelines.

The company stated it believed the AGM proceedings could be submitted collectively with voting results within the timeline prescribed under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, the proceedings, voting results, and Scrutinizer’s Report were submitted together on October 1, 2026, at 8:30 pm. The clarification was issued in response to an email from BSE’s Listing Compliance Monitoring Team dated October 6, 2026.

AGM outcomes and voting results

The AGM was held on September 29, 2026, via Video Conferencing and Other Audio Visual Means (VC/OAVM), with the registered office in New Delhi serving as the deemed venue. All three proposed resolutions were approved unanimously by shareholders.

Promoters and the promoter group accounted for 71.96% of the total votes polled across all resolutions. Public institutions did not cast any votes, while public non-institutional shareholders voted in favor of all items.

Shareholder participation details

The record date for the AGM was September 22, 2026. A total of 233 shareholders were on the register. Of these, 8 members attended the meeting via video conferencing, comprising 5 from the promoter and promoter group and 3 from the public category.

The scrutinizer’s report, prepared by Kavita Gupta & Co., confirmed that the voting process was conducted fairly and transparently in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Remote e-voting was facilitated by Maashitla Securities Private Limited from September 26 to September 28, 2026.

Meeting proceedings

Company Secretary Ritika Bachhawat welcomed members and briefed them on participation procedures. She confirmed the presence of a requisite quorum and compliance with regulatory norms. Managing Director Sanjay Kumar Rathi delivered a brief overview of the company's financial performance for the fiscal year ended March 31, 2026.

The notice convening the AGM was taken as read with member permission. Following a question-and-answer session where members sought clarifications, the Chairman concluded the meeting with a vote of thanks. The session commenced at 4:00 pm and ended at 5:00 pm.

Sampark India Logistics has scheduled its 14th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means to adopt the financial statements for the fiscal year ended March 31, 2026.

The company reported a robust performance for FY26, with total income growing 11% to ₹2,237.9 crore. Net profit rose 26% year-on-year to ₹105.3 crore, driven by operational efficiency and margin expansion.

Financial Performance

Revenue from operations stood at ₹2,232.7 crore in FY26, compared to ₹2,009.7 crore in the previous year. Earnings Before Interest, Depreciation, and Amortization (EBITDA) increased by 23% to ₹200.1 crore, reflecting an EBITDA margin expansion of 90 basis points to 9.0%.

Profit After Tax (PAT) reached ₹105.3 crore, up from ₹83.5 crore in FY25. The PAT margin improved by 56 basis points to 4.7%. Basic Earnings Per Share (EPS) was reported at ₹11.67, compared to ₹9.26 in the prior year.

What the Numbers Show

The divergence between revenue growth (11%) and EBITDA growth (23%) indicates significant operating leverage. This margin accretion was supported by a favorable revenue mix, with approximately 52% of revenue derived from higher-margin air and rail services. Additionally, finance costs rose 39% to ₹456.0 crore, primarily due to higher borrowings, yet net profit still expanded notably, underscoring the strength of top-line and operating profit growth.

Corporate Developments

Sampark India Logistics listed its equity shares on the BSE SME platform on July 7, 2026, at an issue price of ₹84 per share. The Initial Public Offering (IPO) raised approximately ₹27.2 crore in fresh capital. This post-balance-sheet event has strengthened the company’s balance sheet without altering its asset-light framework.

The paid-up share capital increased from ₹901.9 lakh to ₹1,225.9 lakh following the IPO. The company plans to utilize the proceeds for working capital needs, scaling its umbrella supplier model, and securing complex international contracts.

Governance Changes

The Board approved the re-designation of Ms. Renu Rathi from Executive Director to Non-Executive Director, effective September 5, 2026, subject to member approval at the AGM. Mr. Sanjay Kumar Rathi seeks re-appointment as a Director liable to retire by rotation. Mr. Anil Periwal has been appointed as the new Chief Financial Officer, succeeding Mr. Sudarshan Jain who resigned in August 2026.

The cutoff date for determining eligibility to vote at the AGM is Tuesday, September 22, 2026. Shareholders can participate via remote e-voting.