Swadeshi Polytex announces 56th AGM via video conference

0 min read Updated on 13 Jun 2026, 08:50 AM

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Riya DScanX News Team

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Swadeshi Polytex Limited announced the 56th AGM scheduled for July 9, 2026, via video conference, with July 2, 2026, as the record date.

*this image is generated using AI for illustrative purposes only.

Swadeshi Polytex Limited has informed the exchange regarding the newspaper advertisement published for the Notice of its 56th Annual General Meeting (AGM), e-voting, and book closure. The AGM is scheduled to be held on July 9, 2026, at 12:00 noon through Video Conference (VC) or Other Audio-Visual Means (OAVM). The company has fixed July 2, 2026, as the record date to determine shareholder eligibility for the meeting.

The disclosure was submitted to BSE Limited on June 13, 2026, referencing Scrip Code No 503816. The notice and annual report for FY 2025-26 are available on the company’s website. Shareholders holding shares in physical form have been requested to register their email addresses and other details with the Registrar & Share Transfer Agent.

Key AGM Dates and Links

Event	Date / Link
Record Date	July 2, 2026
Book Closure	July 3, 2026 to July 9, 2026
Annual General Meeting	July 9, 2026
Annual Report FY 2025-26	https://www.splindia.co.in/agm.htm
Notice of AGM	https://www.splindia.co.in/agm.htm
E-voting Platform	https://www.evoting.nsdl.com/eVotingWeb/commonhtmls/Login

Historical Stock Returns for Swadeshi Polytex

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.08%	+5.67%	+7.56%	-22.75%	-44.14%	+547.36%

What key agenda items are proposed for the 56th AGM that could impact shareholder value?

How will the FY 2025-26 financial results influence the company's strategic direction for the upcoming year?

What are the expected outcomes regarding dividend declarations or capital restructuring during the meeting?

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Swadeshi Polytex reports FY26 profit of ₹417.57 Lakhs

1 min read Updated on 12 Jun 2026, 11:32 AM

Reviewed by

Shriram SScanX News Team

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Swadeshi Polytex Limited reported a profit after tax of ₹417.57 Lakhs for FY26, up from ₹227.59 Lakhs in the previous year. Total income increased to ₹797.58 Lakhs, driven by higher other income. The Board has proposed the re-appointment of Mr. Gaurav Swarup and Mr. Ashutosh Gupta as directors and decided not to declare a dividend for the year to conserve resources.

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Swadeshi Polytex Limited reported a profit after tax of ₹417.57 Lakhs for the financial year ended March 31, 2026, compared to ₹227.59 Lakhs in the previous year. Total income increased to ₹797.58 Lakhs from ₹760.76 Lakhs in the prior year, primarily driven by a rise in other income to ₹796.20 Lakhs. Revenue from operations for the year stood at ₹1.38 Lakhs. The Board has decided not to recommend any dividend for the financial year ended March 31, 2026, to conserve financial resources and strengthen long-term stakeholder value.

Financial Performance

The company’s profit before tax from continuing operations rose to ₹506.04 Lakhs in FY26 from ₹346.28 Lakhs in FY25. Total expenditure for the year decreased to ₹291.54 Lakhs from ₹414.48 Lakhs in the previous year. The company earned a profit of ₹417.57 Lakhs during the financial year 2025–26, which has been retained in the Statement of Retained Earnings. No amount was transferred to the General Reserve during the year.

Particulars	Year Ended 31.03.2026 (Rs. in Lakhs)	Year Ended 31.03.2025 (Rs. in Lakhs)
Revenue from Operations	1.38	40
Other Income	796.20	720.76
Total Income	797.58	760.76
Total Expenditure	291.54	414.48
Profit before tax	506.04	346.28
Profit after tax	417.57	227.59

Board and Governance

Pursuant to the provisions of the Companies Act, 2013, Mr. Gaurav Swarup (DIN: 00374298) and Mr. Ashutosh Gupta (DIN: 09043439) are liable to retire by rotation at the ensuing Annual General Meeting and, being eligible, have offered themselves for re-appointment. The Board comprises eight members, including four Independent Directors. The company has appointed M/s. SANMARK & Associates, Chartered Accountants, as Statutory Auditors for a term of five years.

Operational and Strategic Updates

During the financial year under review, the company continued to operate in the real estate development and allied business activities. The company is actively exploring prospective development projects and investment opportunities in the real estate sector to strengthen its operational base and enhance future revenue potential. The company made investments in mutual funds, including Kotak Equity Arbitrage Fund, SBI Arbitrage Opportunities Fund, ICICI Prudential Equity Arbitrage Fund, and HDFC Arbitrage Fund, amounting to ₹10 Crore each.

Historical Stock Returns for Swadeshi Polytex

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.08%	+5.67%	+7.56%	-22.75%	-44.14%	+547.36%

How does the company plan to utilize the retained earnings to revive its operational revenue, which currently stands at just ₹1.38 Lakhs?

What specific criteria or timeline will guide the exploration of prospective real estate development projects mentioned in the strategic update?

With ₹40 Crore invested in arbitrage funds, what is the company's strategy for balancing these liquid investments with capital-intensive real estate development?