Tainwala Chemicals & Plastics has published the notice for its 41st Annual General Meeting (AGM) in Financial Express and Mumbai Lakshadeep on August 11, 2026, confirming the schedule for shareholders to vote on key resolutions. The meeting is set for Thursday, September 3, 2026, at 2:00 p.m. IST, and will be conducted exclusively through Video-Conferencing (VC) or Other Audio Visual Means (OAVM), ensuring remote participation in compliance with the Companies Act, 2013, and SEBI regulations.

The publication was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Divya Saboo, Company Secretary and Compliance Officer of Tainwala Chemicals, signed the disclosure dated August 11, 2026, directing investors to the company’s website ( www.tainwala.in ) for the full notice and Annual Report for FY25. The virtual format aligns with Ministry of Corporate Affairs General Circular No. 03/2025, allowing members to participate without physical presence while maintaining quorum under Section 103 of the Act.

Shareholders must ensure their contact details are updated to receive electronic communications and dividends. The notice and annual report are dispatched electronically to members with registered email addresses with the company, Registrar and Transfer Agent (RTA), or depositories. Physical copies are available only upon specific request. In line with SEBI Circular HO/38/13/(4)2026-MIRSD-POD/14298/2026, dividend payments will be made exclusively in electronic mode, requiring physical shareholders to update their PAN, bank details, and specimen signatures with the RTA to avoid delays.

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) has been engaged to facilitate the e-voting process. The remote e-voting module will be disabled after September 2, 2026, at 5:00 p.m. IST. Members who have already cast their votes remotely may attend the AGM via VC/OAVM but cannot vote again during the meeting. Proxy appointments are not available for this AGM. Investors with queries regarding login or voting can contact MUFG Intime at (+91) 8108116767 or via email at instameet@in.mfms.mufg.com .

Tainwala Chemicals & Plastics has declared an interim dividend of ₹3 per equity share for the financial year 2026–27, with August 11, 2026, fixed as the record date. The Board of Directors approved the payout on August 5, 2026, confirming shareholder returns despite a significant year-on-year decline in net profit for the first quarter of FY27. This declaration provides clarity on the timeline for distributions amidst recent earnings volatility, ensuring eligible shareholders receive their entitlements within 30 days of the declaration.

The interim dividend represents a 30% payout on the face value of ₹10 per equity share. Shareholders holding equity shares on the record date will be eligible for the distribution. The company noted that the total paid-up value of equity shares stands at ₹9.36 crore (₹9,36,38,630). To facilitate tax-efficient distribution, shareholders requiring TDS exemption certificates must submit Form 121/41 via the designated link on or before August 11, 2026. Divya Saboo, Company Secretary and Compliance Officer, issued the intimation to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Context

The dividend declaration follows the release of Q1FY27 results, where Tainwala Chemicals reported a net profit of ₹25.2 lakh, a 99% drop from ₹281.23 lakh in Q1FY26. The sharp contraction was primarily driven by a collapse in other income, which fell to ₹15.70 lakh from ₹308.64 lakh in the prior year period. Despite this, operational performance remained relatively stable, with revenue from operations at ₹95.17 lakh, down slightly from ₹100.94 lakh in Q1FY26.

The Plastic Sheets segment remained resilient with a profit of ₹13.92 lakh, compared to ₹15.42 lakh in Q1FY26. The Tradable Items segment reported negligible results, contributing ₹0.00 lakh, whereas it had posted a loss of ₹31.17 lakh in the previous year's quarter. Total expenses were reduced to ₹97.30 lakh from ₹113.35 lakh, reflecting effective cost-control measures.

What the Numbers Show

The decision to declare an interim dividend despite a near-total collapse in net profit highlights management’s commitment to shareholder returns even during periods of high earnings volatility. The divergence between stable operational margins and volatile non-operating income underscores the company’s reliance on other income for peak profitability. While core operations generated consistent segment profits, the absence of other income in Q1FY27 exposed underlying operating margin pressure, making the dividend payout a significant signal of confidence in future cash flows.

Corporate Governance Updates

In addition to the dividend announcement, the Board had previously approved several governance changes subject to shareholder approval at the Annual General Meeting (AGM) scheduled for September 3, 2026:

• New Director: Appointment of Alpesh Jagdishbhai Nayak as a Non-Executive Independent Director for five years, effective September 3, 2026.
• Auditor Change: Appointment of SDBA & Co., Chartered Accountants, as Statutory Auditors for five years, replacing retiring auditors GMJ & Co.
• Re-appointments: Re-appointment of Ramesh Tainwala as Chairman and Managing Director for five years starting August 9, 2027. Devendra Saligram Anand and Uday Ramniklal Mehta were also re-appointed as Non-Executive Independent Directors for five-year terms commencing August 8, 2027.