Satia Industries announced the closure of its trading window effective October 1, 2026. This action is taken in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended.

The trading window will remain closed until the third calendar day following the conclusion of the Board Meeting. This meeting is scheduled to consider the financial results for the quarter ended September 30, 2026.

Regulatory compliance and timeline

The company stated that the specific date for reopening the trading window will be intimated in due course. The closure applies to designated persons and insiders who are restricted from trading in the company's securities during this period.

Key details of the announcement

The filing was signed by Rakesh Kumar Dhuria, Company Secretary and Compliance Officer, on September 23, 2026.

Satia Industries has published the notice for its 45th Annual General Meeting (AGM) in Financial Express and Punjabi Jagran on September 8, 2026. This disclosure confirms the logistical details for shareholders ahead of the meeting scheduled for September 30, 2026.

The company issued this communication to comply with regulatory requirements for newspaper publication of AGM notices. The notice is also available on the company’s website under the Investors section.

AGM Schedule and Venue

The 45th AGM will be held on Wednesday, September 30, 2026, at 10:30 am. The venue is the company’s registered office located at VPO: Rupana, Malout-Muktsar Road, Sri Muktsar Sahib, Punjab.

Key Agenda Items

The ordinary business includes the adoption of the audited financial statements as at March 31, 2026. Shareholders will vote on the dividend recommendation by the Board of Directors out of profits for the financial year ending March 31, 2026.

Director Re-appointment

Mr. Chirag Satia, Executive Director, retires by rotation and offers himself for re-appointment. He has served since February 13, 2015, and holds 69,60,669 shares (6.96% stake). His father, Dr. Ajay Satia, serves as Chairman cum Managing Director.

Cost Auditor Remuneration

Under special business, shareholders will ratify the remuneration of ₹2,00,000 plus applicable taxes and out-of-pocket expenses to M/s Balwinder & Associates for conducting the cost audit for FY27.

Voting Schedule

Remote e-voting will commence on September 27, 2026, and conclude on September 29, 2026. The cut-off date for determining eligible members is September 23, 2026. The register of members will remain closed from September 24 to September 30, 2026.

FY26 Financial Performance

Satia Industries reported a challenging FY26, with revenue from operations declining 4% to ₹14,519 million (₹15,120 million in FY25). EBITDA fell 51% to ₹1,318 million, with margins contracting by 879 basis points to 9.1% from 17.9%. Profit for the period was ₹409 million against ₹1,186 million in FY25.

The decline in profitability reflects sustained pressure on realisations from low-cost imports, higher agro-fibre costs due to flooding in Punjab, and elevated fuel costs in Q4FY26 following geopolitical tensions in West Asia.

What the Numbers Show

Net debt to equity rose to 0.25x from 0.14x in FY25, driven by debt drawdowns for ongoing capital expenditure, specifically the PM3 upgrade. Despite margin compression, the company maintained its dividend payout, supported by strong operating cash flows of ₹23,349 million.