Sarthak Metals Limited has fixed Tuesday, August 11, 2026, as the record date to determine shareholder eligibility for voting at its 31st Annual General Meeting (AGM). The company announced that only members whose names appear in the Register of Members as of the cut-off date will be entitled to vote. The AGM is scheduled to be held on Tuesday, August 18, 2026, at 12:30 P.M. (IST) at Hotel Ashish International in Bhilai, Chhattisgarh.

In compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided a remote e-voting facility. Shareholders may cast their votes electronically prior to the meeting or via ballot paper during the AGM. The e-voting facility will be available from 9.00 a.m. (IST) on Saturday, August 15, 2026, until 5.00 p.m. (IST) on Monday, August 17, 2026.

The company has engaged Bigshare Services Private Limited to facilitate the e-voting process. Members who acquire shares after the notice is sent but hold them on the record date may obtain their login ID and password by requesting ivote@bigshareonline.com , copying cs@sarthakmetals.com . The remote e-voting module will be disabled immediately after the closing time on August 17.

Sarthak Metals has dispatched the Notice of the AGM along with the Annual Report 2025-26 electronically to members with registered email addresses. Physical letters containing the URL link to the Annual Report are being sent to members without registered email addresses. The documents are also available on the company’s website, the BSE, and the NSE. For queries regarding e-voting, members may contact Mr. Nithin Nair, Client Service Executive, Bigshare Services Pvt Ltd, at 1800 22 54 22.

Key Event Details

Shareholders holding shares in demat form are requested to update their email addresses with their Depository Participant, while those holding physical shares should update details with the Registrar and Transfer Agent.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE017W01010/35f4c15cb90f4edd.pdf

Sarthak Metals Limited reported an 8% increase in revenue from operations to ₹192.25 Crore for the financial year ended March 31, 2026, supported by volume growth in its core cored wire business. Net profit for the year rose 12% to ₹4.61 Crore, with EBITDA margins improving to 4.1% from 3.9% in the previous year. The company’s welding consumables division completed its first full year of operations, contributing ₹15.7 Crore in revenue.

The flagship cored wire business grew volumes by 14% during the year, while the aluminium flipping coils segment remained subdued due to overcapacity and pricing distortions in the domestic market. The company stated it consciously refrained from unviable price competition to protect profitability. The fourth quarter brought an encouraging recovery in the aluminium flipping coils segment, with volumes growing 35% year-on-year.

Financial Performance

Revenue from operations for FY26 stood at ₹192.25 Crore, compared to ₹178.42 Crore in FY25. Operating profit (EBITDA excluding other income and exceptional items) improved to ₹7.90 Crore from ₹7.00 Crore. The balance sheet remains virtually debt-free, providing the company with flexibility to fund new growth areas.

Business Segments

The welding consumables segment, led by Flux Cored Wires, sold more than 1,400 tonnes during the year with average monthly volumes exceeding 115 tonnes. The division secured RDSO approval from Indian Railways in April 2025. The company also ventured into biotechnology, with a pilot Solid State Fermentation R&D facility in Nagpur becoming operational in May 2025.

Corporate Governance

The Board of Directors met five times during the financial year. The company has appointed Mrs. Ushasree Bhagavatula as an Additional Independent Woman Director, subject to shareholder approval at the upcoming Annual General Meeting. The statutory auditors, Begani and Begani, Chartered Accountants, have audited the financial statements and expressed an unqualified opinion.