Shlokka Dyes has announced that its fifth Annual General Meeting will be held on September 24, 2026. The meeting is scheduled to commence at 11:30 am through video conferencing or other audio-visual means.

The company confirmed the date in a filing submitted to the Bombay Stock Exchange on September 2, 2026. In compliance with Ministry of Corporate Affairs circulars and SEBI regulations, the AGM notice and the annual report for FY26 have been dispatched electronically to members with registered email addresses.

E-Voting Details

Shareholders holding equity shares as of the cut-off date of September 17, 2026 are eligible to vote. Remote e-voting facilities are provided by Bigshare Services Private Limited. The voting window opens on September 23, 2026, at 9:00 am and closes on September 25, 2026, at 5:00 pm.

Members who cast their votes remotely may attend the meeting but cannot vote again. Those who have not voted remotely can exercise their voting rights during the AGM session.

What the Numbers Show

The source document contains only procedural information regarding the corporate action. No financial performance metrics, revenue figures, or balance sheet data were disclosed in this specific filing.

Shlokka Dyes reported a 50.6% decline in net profit after tax to ₹495.96 lakh for FY26, down from ₹1,004.20 lakh in the previous year. The reactive dyes manufacturer attributed the contraction to volatility in raw material costs, subdued export demand, and restricted working capital deployment following its initial public offer.

Revenue from operations fell 20.8% year-on-year to ₹8,194.13 lakh, compared to ₹10,342.62 lakh in FY25. Despite the dip in profitability, the company’s net worth strengthened significantly from ₹2,724.03 lakh to ₹8,536.37 lakh due to the infusion of IPO proceeds.

Financial Performance

The company’s total income decreased to ₹8,289.81 lakh from ₹10,345.46 lakh in the prior period. Cost of materials consumed stood at ₹7,543.57 lakh, while manufacturing and operating costs rose to ₹310.89 lakh from ₹166.82 lakh. Finance costs declined slightly to ₹241.62 lakh from ₹280.43 lakh.

IPO Proceeds and Utilization

Shlokka Dyes raised gross proceeds of ₹5,778.86 lakh through its IPO in October 2025. As of March 31, 2026, the company had utilized ₹5,389.69 lakh, with ₹389.18 lakh remaining unutilized. The statutory auditors noted deviations in the utilization of funds, specifically an excess deployment of ₹1,256.83 lakh towards working capital requirements beyond the prospectus allocation.

Additionally, the monitoring agency reported that ₹2,179.00 lakh was transferred to third parties without board authorization. The company recovered ₹2,079.00 lakh of this amount by March 31, 2026, with legal action ongoing for the remaining ₹100.00 lakh.

What the Numbers Show

A significant divergence exists between the company’s top-line revenue and its related-party trade receivables. While total revenue declined by 20.8%, trade receivables increased by 19.2% to ₹5,407.84 lakh. Notably, receivables from related parties, primarily M/s. Equinox Impex, constituted ₹3,256.03 lakh of the total, indicating a high concentration of credit exposure within the promoter group despite overall lower sales volumes.

Corporate Governance and AGM

The company scheduled its fifth annual general meeting for September 24, 2026, to be held via video conferencing. Key agenda items include the re-appointment of Chairman & Managing Director Vaibhav Pravinchandra Shah and the appointment of Arpit Tiwari as an independent director. The board also seeks shareholder approval for borrowing powers and creation of charges up to an aggregate limit of ₹300 crore under Sections 180(1)(a) and 180(1)(c) of the Companies Act, 2013.

No dividend was recommended for FY26 as the board opted to conserve resources for future growth initiatives, including the recent acquisition of M/s. Equinox Impex’s business undertaking.