Scoobee Day Garments (India) Limited has scheduled its 32nd Annual General Meeting for Tuesday, September 29, 2026. The company issued the notice on September 3, 2026, and subsequently provided web links for the Annual Report and AGM notice on September 7, 2026.

The meeting will be held at 12:00 pm through Video Conferencing or Other Audio Visual Means. The Annual Report for FY26 is available electronically for registered members. For shareholders without registered email addresses, the company dispatched letters containing a web link and QR code to access the documents.

Meeting Details

The AGM aims to transact business as outlined in the official notice. Members can participate remotely using the VC/OAVM facility. The quorum will be reckoned based on attendees joining through these digital means.

Key Agenda Items

The meeting includes several special resolutions regarding management continuity and related-party transactions.

Management Continuation

Shareholders will vote on the continuation of Mr. K L V Narayanan as Managing Director upon attaining the age of 70 years during his current term. His existing term is valid until September 30, 2027. He will attain the age of 70 on April 2, 2027. The Board recommends this continuation based on his experience and contribution to the company's growth. His remuneration remains capped at ₹20 lakh per annum.

Additionally, Mr. Dony Dominic retires by rotation and offers himself for re-appointment as a Director.

Related-Party Transactions

The company seeks shareholder approval for material related-party transactions (RPTs) with group entities for FY27. The total aggregate value of proposed transactions is ₹375 crore.

These transactions are expected to be undertaken in the ordinary course of business on an arm's length basis. The Audit Committee has reviewed and approved these proposals.

Shareholder Information

Shareholders holding physical shares must update their email addresses with the Registrar and Share Transfer Agent, Cameo Corporate Services Limited. Those with demat accounts should register their details with their respective Depository Participants to receive the annual report electronically. Investors without registered emails can use the web link and QR code provided in the separate communication dated September 5, 2026.

Remote e-voting will commence on Saturday, September 26, 2026, at 9:00 am and end on Monday, September 28, 2026, at 5:00 pm. The cut-off date for voting eligibility is September 22, 2026.

Scoobee Day Garments (India) Limited reported a standalone net loss of ₹38.9 lakh for the quarter ended June 30, 2026, reversing the net profit of ₹87.4 lakh recorded in Q1FY26. The company’s revenue from operations contracted significantly, falling 49% year-on-year to ₹800.0 lakh from ₹1,577.5 lakh in the prior year period.

The financial results were approved by the Board of Directors at a meeting held on August 14, 2026. The unaudited standalone results were reviewed by statutory auditors Varma & Varma Chartered Accountants in accordance with Standard on Review Engagements (SRE) 2410 and Regulation 33 of SEBI (LODR) Regulations 2015.

Financial Performance

Revenue decline was primarily led by the core garments segment, which contributed ₹741.6 lakh to total sales, down from ₹1,493.8 lakh in Q1FY25. The aluminium roofing and accessories segment also saw a contraction, with revenue falling to ₹45.5 lakh from ₹60.3 lakh year-ago.

Total expenses for the quarter stood at ₹852.4 lakh, higher than the total income of ₹800.0 lakh. Key expense components included:

• Cost of materials consumed: ₹339.1 lakh
• Employee benefits expense: ₹299.0 lakh
• Other expenses: ₹145.0 lakh
• Depreciation and amortization: ₹72.9 lakh

Finance costs remained relatively stable at ₹30.7 lakh, compared to ₹69.5 lakh in Q1FY25. The company reported no exceptional items during the period.

Note: The significant variance in absolute figures between Q1FY27 and Q1FY26 reflects operational scaling or reporting adjustments as per the filed data.

What the Numbers Show

A notable divergence exists between revenue generation and profitability. While the garments segment generated ₹741.6 lakh in revenue, it posted a segment result of just ₹0.7 lakh before tax and interest. In contrast, the aluminium roofing segment reported a loss of ₹3.5 lakh despite lower revenue of ₹45.5 lakh. This indicates that the core garments business is operating on extremely thin margins, with unallocable expenditures and finance costs further eroding the bottom line. The shift from a ₹117.3 lakh pre-tax profit in Q1FY26 to a ₹52.4 lakh pre-tax loss in Q1FY27 highlights pressure on operational efficiency despite top-line activity.

Corporate Developments

During the meeting, the Board considered the continuation of Mr. K L V Narayanan as Managing Director upon attaining the age of 70 years during his current term. This approval is subject to shareholder consent at the ensuing Annual General Meeting (AGM).

The company has scheduled its 32nd AGM for Tuesday, September 29, 2026, at 12:00 pm. The meeting will be conducted through Video Conference and Other Audio-Visual Means (OAVM), in compliance with relevant regulatory circulars.

The paid-up equity share capital remains unchanged at ₹1,692.0 lakh. Basic earnings per share (EPS) recorded a loss of ₹0.23, compared to a profit of ₹0.65 in Q1FY26.