Suditi Industries held its 35th Annual General Meeting on September 30, 2026, via Video Conferencing and Other Audio-Visual Means. Both ordinary resolutions placed before members were passed with the requisite majority, with 99.9995% of votes polled cast in favour.

The meeting commenced at 4:00 pm and concluded at 4:26 pm. As on the record date of September 23, 2026, the total number of shareholders stood at 5,956. A total of 47 shareholders attended through video conferencing, comprising 1 from the promoter and promoter group and 46 from the public. Remote e-voting was open from September 27, 2026 at 9:00 am to September 29, 2026 at 5:00 pm, facilitated through the National Securities Depository Limited platform under Electronic Voting Event Number 142837.

Resolutions considered at the meeting

Two ordinary resolutions were placed before members for approval:

• Resolution 1: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditor thereon.
• Resolution 2: To appoint a Director in place of Mr. Raja Gopal Chinraj (DIN: 00158832), who retires by rotation under Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.

Voting results summary

The following table presents the consolidated voting outcome for both resolutions:

Both resolutions recorded identical voting outcomes. The promoter and promoter group, holding 26,401,545 shares, cast 24,744,442 votes entirely in favour via e-voting, representing 93.7235% of their outstanding shares. Public non-institutional shareholders polled 1,509,406 votes, of which 1,509,283 were in favour and 123 were against, representing 6.7842% of their outstanding shares. Public institutional shareholders, holding 956,740 shares, cast no votes. The overall voter turnout across all categories was 52.9237% of total outstanding shares of 49,607,024.

Scrutinizer details

Mitesh Shah, Proprietor of Mitesh J. Shah & Associates, Practicing Company Secretaries, Mumbai, was appointed as Scrutinizer by the Board of Directors at its meeting held on August 5, 2026. The Scrutinizer's report was issued on October 1, 2026. MUFG Intime India Private Limited served as the Registrar and Share Transfer Agent for the Company.

Suditi Industries reported a consolidated net profit of ₹1,052.90 lakh for FY26, a sharp increase of 235% from ₹314.18 lakh in the previous year. The textile manufacturer also scheduled its 35th Annual General Meeting (AGM) for September 30, 2026.

The company’s standalone net profit rose to ₹963.05 lakh from ₹231.63 lakh, reflecting improved operational efficiency across its integrated manufacturing capabilities in knitting, dyeing, and garmenting.

Financial Performance

Consolidated revenue from operations grew 27.1% to ₹12,130.70 lakh, up from ₹9,547.68 lakh in FY25. This top-line expansion was supported by strong demand in the domestic apparel market and enhanced product differentiation.

The EBIT margin expanded significantly to 9.6% from 2.7%, driven by disciplined cost management and better operating leverage. Basic earnings per share increased to ₹2.12 from ₹1.17.

Capital Structure and Shareholding

The paid-up equity share capital increased to ₹4,960.70 lakh (4,96,07,024 shares) from ₹3,961.63 lakh, following the conversion of 75,00,000 warrants into equity shares and a preferential allotment of 24,90,733 shares at ₹59.12 per share. The authorized capital was raised to ₹70 crore.

Promoter holding stood at 53.22% as on March 31, 2026, down from 59.74% in the previous year, primarily due to the dilution from new issuances. Pawan Agarwal, Chairman, holds 25.83% of the equity.

AGM Details and Governance

The 35th AGM will be held via video conference on September 30, 2026, at 4:00 pm. Key agenda items include:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of Mr. Raja Gopal Chinraj as Whole-time Director and CEO, who retires by rotation.

Remote e-voting will be open from September 27 to September 29, 2026. The cut-off date for determining voting eligibility is September 23, 2026.

What the Numbers Show

The substantial improvement in profitability was not just volume-driven but also margin-led. While revenue grew 27.1%, the EBIT margin more than tripled from 2.7% to 9.6%, indicating that cost controls and higher-value product mix contributed significantly to the bottom line. Additionally, the debt-equity ratio improved to 0.11 from 0.44, strengthening the balance sheet ahead of potential future expansions.