Synergy Green Industries Limited has filed a revised Annual Report for the financial year 2025-26 with BSE Limited and the National Stock Exchange of India Ltd., following the identification of certain typographical errors in the original report submitted on July 01, 2026. The company clarified that these typographical errors do not impact the financial statements for the year ended March 31, 2026, and that the corrigendum should be read in conjunction with the original Annual Report. The revised report has been made available on the websites of BSE, NSE, and the company's website at https://synergygreenind.com/investors-relations/ .

Financial Performance for FY 2025-26

The company recorded total income of ₹37,637.36 Lakhs in FY 2025-26, compared to ₹36,368.30 Lakhs in the previous year, representing a marginal growth of 3.49%. Export revenues rose to ₹10,564.63 Lakhs from ₹9,777.44 Lakhs in the prior year, an increase of 8.05%, and accounted for approximately 27% of total revenues. The following table summarises the key standalone financial results:

Profitability was impacted by higher outsourcing and operating costs associated with the relocation and stabilization of the new unit, increased finance costs and depreciation linked to capital expenditure, and lower export realizations during the development phase of the in-house machining facility. PBDIT stood at ₹4,932.18 Lakhs against ₹5,369.91 Lakhs in the previous year, a year-on-year decline of 8.15%. Profit after tax for the year was ₹465.83 Lakhs, compared to ₹1,688.82 Lakhs in the prior year.

Multi-Year Financial Highlights

The following table presents the company's revenue and key profitability metrics over the past six financial years:

Transformational Capex Programme and Operational Milestones

FY 2025-26 was described as a transformational year, marked by the successful completion of the company's ₹217 crore capex programme spanning foundry expansion, in-house machining, and captive solar power. The investments were funded through the Rights Issue completed in October 2024, internal accruals, and debt financing. Key operational milestones achieved during the year included:

• Completion of brownfield foundry expansion, enhancing single product weight capability from 23 MT to 30 MT and increasing overall foundry capacity from 30,000 TPA to 45,000 TPA.
• Establishment of a new fettling and inspection facility designed for 45,000 TPA capacity.
• Development of 12 new products across major OEM customers on higher MW turbine platforms of up to 5 MW.
• Commissioning of state-of-the-art machining and surface treatment facilities with an installed capacity of 20,000 TPA.
• Expansion of captive solar power capacity from 2 MW to 10 MW.

Key Financial Ratios

The company reported significant changes in several key financial ratios for FY 2025-26 compared to FY 2024-25, primarily reflecting the impact of the capital expenditure programme:

The increase in the Debt-Equity Ratio to 2.25 from 1.45 reflects borrowings availed for the capex programme. The decline in the Net Profit Ratio and Return on Net Worth is attributed to higher depreciation and finance costs associated with the capital expenditure and a lower profit after tax for the year.

Human Resources and Workforce

The company had 252 permanent employees on its rolls as on March 31, 2026. The median remuneration of employees during the financial year was Rs. 4.81 Lakh, with an increase of 6.43% in the median remuneration compared to the previous year. The company maintained a Zero TRIR (Total Recordable Incident Rate) for four consecutive years and holds ISO 45001 Occupational Health & Safety Management System certification.

16th Annual General Meeting and AGM Agenda

The 16th Annual General Meeting of the company is scheduled for Thursday, July 23, 2026, at 11:00 A.M., to be held at the Registered Office through Video Conferencing. The remote e-voting period opens on Monday, July 20, 2026, at 09:00 A.M. and closes on Wednesday, July 22, 2026, at 05:00 P.M. Key items of business at the AGM include:

• Adoption of standalone and consolidated audited financial statements for the year ended March 31, 2026.
• Re-appointment of Mr. Niraj S. Shirgaokar as a director retiring by rotation.
• Declaration of dividend on 10% Redeemable Cumulative Preference Shares for FY 2025-26.
• Appointment of M/s P. G. Bhagwat LLP, Chartered Accountants, as statutory auditors for a period of 5 years in place of retiring auditors M/s D A B & Associates.
• Continuation of Mr. Subhash G. Kutte as Independent Director under Regulation 17(1A) of SEBI (LODR) Regulations 2015.
• Increase in borrowing limits under Section 180(1)(c) and 180(1)(a) of the Companies Act, 2013 from Rs. 200.00 Crores to Rs. 250.00 Crores.
• Ratification of remuneration payable to Cost Auditor M/s. Dhananjay V. Joshi & Associates for FY 2026-27 at Rs. 2,50,000/-.
• Acceptance/renewal of unsecured deposits from members under Section 73 of the Companies Act, 2013.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE00QT01015/364ad9b2-16d2-4115-a39c-972b5b94cc08.pdf

Synergy Green Industries Ltd has issued a corrigendum to its 16th Annual Report for FY2025-26, which was circulated along with the notice of the Annual General Meeting (AGM) scheduled to be held on Thursday, July 23, 2026, at 11:00 A.M. (IST) through Video Conferencing. The corrigendum, filed with BSE Limited and the National Stock Exchange of India Ltd. on July 03, 2026, was signed by Company Secretary and Compliance Officer Nilesh M. Mankar. The company clarified that the corrections are editorial in nature and do not affect the financial statements, statutory disclosures, or any other financial information contained in the Annual Report.

Corrigendum: Typographical Corrections

The corrigendum identifies three specific errors in the Annual Report for FY2025-26 that require correction. Members are requested to read the Annual Report in conjunction with this corrigendum. The following table summarises the corrections:

The revised Annual Report incorporating the above corrections is available on the Company's website at https://synergygreenind.com/investors-relations/ . The corrigendum is also available on the websites of BSE Limited and the National Stock Exchange of India Limited.

AGM and Financial Highlights

The 16th AGM will be held on July 23, 2026, to transact business including the adoption of standalone and consolidated audited financial statements for the financial year ended March 31, 2026. The company reported total income of ₹37,637.36 Lakhs for FY2025-26, compared to ₹36,368.30 Lakhs in the previous year, recording a marginal growth of 3.49%. Profit after Tax stood at ₹465.83 Lakhs, compared to ₹1,688.82 Lakhs in the previous year. EBITDA for the year was ₹49.3 crores (13.1%), compared to ₹53.70 crores (14.8%) in the previous year, reflecting a year-on-year decline of 8.1%.

The following table presents the key standalone financial results:

Key AGM Business and Meeting Details

The AGM agenda includes re-appointment of Mr. Niraj S. Shirgaokar as director, appointment of M/s P. G. Bhagwat LLP as statutory auditors for five years replacing M/s. D A B And Associates, and declaration of dividend on 10% Redeemable Cumulative Preference Shares. Special business includes a resolution to continue the appointment of Mr. Subhash G. Kutte as Independent Director beyond the age of 75 years until January 07, 2029, and approval to increase borrowing limits from ₹200.00 crore to ₹250.00 crore under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013. The meeting will also ratify the remuneration of ₹2,50,000 payable to Cost Auditor M/s. Dhananjay V. Joshi & Associates for FY2026-27.

The facility for remote e-voting will be provided by National Securities Depository Limited (NSDL). The AGM will be conducted entirely via video conferencing in compliance with regulatory circulars issued by the Ministry of Corporate Affairs and SEBI. Physical attendance has been dispensed with, and consequently, the facility for appointment of proxies will not be available.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE00QT01015/40145096-1e7a-49b9-a815-5b1c359db7fe.pdf