Swadeshi Polytex FY26 profit rises, AGM resolutions passed

2 min read     Updated on 10 Jul 2026, 01:05 PM
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AI Summary

Swadeshi Polytex Limited reported a Profit After Tax (PAT) of ₹417.57 lakhs for the financial year 2025-26, compared to ₹227.59 lakhs in the previous year. The 56th Annual General Meeting was held on July 9, 2026, via video conferencing, where shareholders adopted the audited financial statements and re-appointed Mr. Gaurav Swarup and Mr. Ashutosh Gupta as directors.

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Swadeshi Polytex Limited reported a Profit After Tax (PAT) of ₹417.57 lakhs for the financial year 2025-26, a significant increase from ₹227.59 lakhs in the previous year. The improved performance was driven by efficient resource management and income from existing operations and investments. The company disclosed this during its 56th Annual General Meeting held on July 9, 2026, via video conferencing. Shareholders approved all ordinary resolutions, including the adoption of audited financial statements and the re-appointment of directors.

Financial Performance

The company's financial results for FY26 showed strong growth compared to the prior year. The Chairman highlighted the details of the operational performance and financial results, which were outlined in the Annual Report.

Metric FY 2025-26 FY 2024-25
Profit After Tax (PAT) ₹417.57 lakhs ₹227.59 lakhs

Meeting Proceedings

The meeting was convened through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. Ms. Anuradha Sharma, Company Secretary & Compliance Officer, confirmed the requisite quorum and declared the meeting duly convened. As the Chairman and Vice-Chairman were absent, the Directors present elected Mr. Atul Seksaria, Independent Director, to act as Chairman.

Statutory Auditors M/s Sanmark & Associates, Secretarial Auditor Mr. Baldev Singh Kashtwal, and Scrutinizer Ms. Shruti Garg were present via video conferencing. The Chairman noted a minor observation in the Statutory Auditor's Report regarding the audit trail feature in Tally Prime EL software, which was addressed in the Board's Report. The Secretarial Auditor's observation regarding 5,000 equity shares, representing 0.04% of the promoter's holding, was also explained, with over 99.96% of promoter shares already dematerialized.

Resolutions Passed

All ordinary resolutions listed in the notice were passed with the requisite majority. The resolutions included the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Mr. Gaurav Swarup and Mr. Ashutosh Gupta as directors liable to retire by rotation. Remote e-voting was conducted from July 6 to July 8, 2026, and results were announced within 48 hours of the meeting's conclusion.

Resolution Description Votes For Votes Against % For
Adoption of Financial Statements 15,779,649 69 99.9996
Re-appointment of Mr. Gaurav Swarup 15,779,649 69 99.9996
Re-appointment of Mr. Ashutosh Gupta 15,779,649 69 99.9996

Historical Stock Returns for Swadeshi Polytex

1 Day5 Days1 Month6 Months1 Year5 Years
+3.59%+6.85%+7.03%-1.76%-40.96%+628.97%

What strategic initiatives does Swadeshi Polytex plan to implement to sustain the current growth trajectory into FY27?

Will the company consider increasing dividend payouts or reinvesting profits to expand existing operations?

How does the management plan to leverage investment income to further boost profitability in the coming years?

Swadeshi Polytex announces 56th AGM via video conference

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

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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 Day5 Days1 Month6 Months1 Year5 Years
+3.59%+6.85%+7.03%-1.76%-40.96%+628.97%

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?

More News on Swadeshi Polytex

1 Year Returns:-40.96%