Stylam Industries Limited has confirmed the schedule for its 35th Annual General Meeting (AGM), set for Friday, August 28, 2026, at 11:30 A.M. (IST). The meeting will be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM). Shareholders seeking to participate remotely must cast their votes during the designated e-voting window, which opens on Tuesday, August 5, 2026, at 09:00 A.M. and closes on Thursday, August 7, 2026, at 05:00 P.M. This procedural update follows the company’s filing of its FY26 Annual Report, which highlighted a revenue surge to ₹1,129 crore and a PAT increase to ₹150 crore.

The AGM agenda includes critical governance matters stemming from recent ownership changes. Key special business items involve the appointment of new directors nominated by AICA Kogyo Company Limited, following its successful open offer completion in May 2026. Additionally, shareholders will vote on the revision of managerial remuneration for Managing Director Jagdish Gupta and Whole-time Director Manit Gupta to ₹420.00 Lakhs per annum each. The meeting will also address the continuation of Jagdish Gupta as Managing Director upon attaining the age of 70 years and the re-appointment of Manit Gupta for a further five-year term starting January 28, 2027.

Financial Context and Operational Milestones

The AGM occurs against a backdrop of strong financial performance in FY26. Standalone revenue from operations grew 10% year-on-year to ₹1,129 crore, while EBITDA expanded to ₹221 crore with margins improving from 18% to 20%. Profit after tax rose to ₹150 crore from ₹122 crore in the previous year. Exports remained a primary growth driver, contributing 73.60% of total turnover with an FOB value of ₹803 crore.

Operationally, the company achieved record laminate production volumes and launched new products including Anti-Mar and Magnetic Laminates. The commissioning of the greenfield facility at Manak Tabra, Panchkula, with an investment of approximately ₹334 crore, marks a significant capacity expansion step.

Governance and Shareholder Actions

The Board has undergone significant reconstitution, with multiple nominees from AICA Kogyo joining as Non-Executive Directors. Dhiraj Kheriwal, Company Secretary & Compliance Officer, issued the notice pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newspaper advertisement detailing the AGM and e-voting process was published in Financial Express on August 5, 2026. Shareholders are advised to ensure their electronic voting preferences are registered before the deadline to influence key strategic decisions regarding leadership continuity and compensation.

Stylam Industries Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the Bombay Stock Exchange and the National Stock Exchange of India on August 04, 2026. The filing, mandated under Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides stakeholders with a comprehensive overview of the company’s environmental, social, and governance performance. For investors, the report underscores the firm’s heavy reliance on international markets, with exports contributing 73.60% of total turnover, while confirming robust compliance with safety and human rights standards across its operations.

The report covers the period from April 01, 2025, to March 31, 2026, and is prepared on a standalone basis. Dhiraj Kheriwal, Company Secretary & Compliance Officer, signed the document, which forms an integral part of the Annual Report for FY26. The company reported a turnover of ₹11,360,299,946 and a net worth of ₹8,067,977,222, making Corporate Social Responsibility (CSR) applicable under Section 135 of the Companies Act, 2013.

Operational and Market Overview

Stylam Industries operates two manufacturing plants and eight offices across India, serving customers in 28 states. Its primary business activity involves the manufacturing of laminates and allied products, which accounted for 99.41% of its turnover. The company’s diverse customer base includes stockists, distributors, OEMs, architects, and institutional clients. Notably, the company does not have international offices, relying entirely on domestic infrastructure to support its significant export volume.

Governance and Related Party Transactions

The BRSR disclosure reveals minimal exposure to related-party transactions (RPTs). Purchases from related parties amounted to ₹33,40,156 against total purchases of ₹6,040,808,622, representing 0% of total purchases. Similarly, sales to related parties were ₹2,71,677 against total sales of ₹11,292,939,289, also constituting 0.00% of total sales. Investments in related parties stood at ₹10,000,000, which was 100% of total investments made, indicating a focused capital allocation strategy within the group structure, specifically towards its subsidiary, Stylam Panel Limited.

Environmental and Social Metrics

The company reported zero lost-time injury frequency rates (LTIFR) and zero fatalities for both employees and workers in FY26, maintaining a strong safety record aligned with its ISO 45001:2018 certification. Water withdrawal increased slightly to 2,32,155 kiloliters from 2,31,320 kiloliters in FY25, primarily sourced from groundwater. Total waste generated rose to 17.45 metric tonnes from 9.04 metric tonnes in the previous year, comprising 12.61 metric tonnes of plastic waste and 4.84 metric tonnes of other hazardous waste. The company aims to achieve Zero Liquid Discharge (ZLD) status at all feasible manufacturing units but has not yet implemented the mechanism fully.

Human Capital and Compliance

As of the end of FY26, Stylam employed 514 permanent employees, including 10 women (2% of the workforce), and 728 permanent workers. The board comprises nine directors, with two women representing 22.2% of the board. The company spent ₹27,770,864 on employee well-being measures, amounting to 0.25% of total revenue. No complaints were recorded regarding sexual harassment, discrimination, or child labor. The company confirmed that its premises are accessible to differently abled individuals as per the Rights of Persons with Disabilities Act, 2016.