Shetron Limited has fixed Friday, July 24, 2026, as the record date to determine shareholder entitlement for the dividend for the financial year 2025-26, if declared at the ensuing Annual General Meeting. The Register of Members and Share Transfer Books of the company will remain closed from Saturday, July 25, 2026, to Friday, July 31, 2026, both days inclusive, for the purpose of determining eligibility to attend the AGM and receive the dividend.

The company announced that its 46th Annual General Meeting will be held through Video Conference or Other Audio Visual Means at 11.00 AM on Friday, July 31, 2026. Jyoti Kumari, Company Secretary and Compliance Officer, confirmed the compliance with the Listing Regulations, SEBI Guidelines, and Company Laws. The intimation was made pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key AGM and Dividend Details

Shetron Limited has announced its audited financial results for the financial year ended March 31, 2026, reporting strong growth in profitability alongside key corporate governance decisions. The Board of Directors approved the audited financial results at their meeting held on May 2, 2026, which commenced at 12:00 PM and concluded at 3:00 PM.

Financial Performance Highlights

The company delivered robust performance across key financial metrics for FY26:

Quarterly Performance Analysis

The fourth quarter of FY26 demonstrated exceptional momentum with net profit reaching Rs. 96 lakhs compared to Rs. 25 lakhs in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 stood at Rs. 6,134 lakhs against Rs. 5,453 lakhs in Q4 FY25. For the quarter ended March 31, 2026, basic and diluted earnings per share were reported at Rs. 1.07.

Dividend Declaration and Corporate Actions

The Board has recommended a dividend of Rs. 1.00 per share (10% on face value of Rs. 10 each) for FY26. Additionally, several key appointments were approved:

The Board has approved the re-appointment of Mr. Kartik Manohar Nayak as Joint Managing Director for a period of three years with effect from May 15, 2026 to May 14, 2029, subject to the approval of the shareholders at the ensuing General Meeting. Mr. Nayak has a Bachelor's degree in Engineering and M.S. from USA, with more than two decades of experience in Finance, Commercial Divisions & project development. He is related to Mr. Diwakar Sanku Shetty, Executive Chairman of the Company.

The Internal Auditors, Messrs. Ishwar & Gopal, Chartered Accountants and Messrs. T.R. Chadha & Co., Chartered Accountants, have been re-appointed for the financial year 2026-27 based on the recommendation of the Audit Committee. Messrs. Ishwar & Gopal is a partnership firm established in July 1984, while T.R. Chadha & Co. is an elite chartered accountancy firm with over 77 years of history, ranked as one of Top 10 CA Firms in Economic Times Survey in 2015.

Mr. Vishwanath Bhat, Proprietor of Bhat & Co., Cost Accountants, has been re-appointed as Cost Auditor for the financial year 2026-27. He has more than 14 years of experience in Cost Audit and Tax Consultants.

Audit Opinion and Compliance

Messrs Naresh & Co, Chartered Accountants (FRN: 011293S), the company's statutory auditors, have issued an unmodified audit opinion on the financial results. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. The Executive Chairman has been authorized to convene the 46th Annual General Meeting and fix the record date for dividend payment.

Balance Sheet Strength

The company maintains a healthy balance sheet with total equity of Rs. 6,172 lakhs as of March 31, 2026, compared to Rs. 5,862 lakhs in the previous year. Outstanding borrowings stood at Rs. 40.81 crores, comprising long-term borrowings of Rs. 1,060 lakhs and current borrowings of Rs. 2,719 lakhs. The company is engaged in the manufacture of Metal Packaging and reports results under one segment.

Re-appointment Details