Thejo Engineering Limited has initiated a postal ballot process to seek shareholder approval for the re-appointment of its top executives. The company is seeking approval for the re-appointment of Mr. V.A. George as Whole-time Director designated as Executive Chairman and Mr. Manoj Joseph as Managing Director. The resolutions require a special resolution and an ordinary resolution, respectively.

The company has completed the dispatch of the notice of postal ballot dated May 27, 2026, through electronic mode to members whose email addresses were registered as of the cut-off date of June 5, 2026. In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013, the voting process will be conducted exclusively through remote e-voting.

The Board has appointed Mrs. Sindhuja Porselevam, a Practicing Company Secretary, as the scrutinizer to oversee the process. The remote e-voting period commences on June 12, 2026, at 9:00 A.M. (IST) and concludes on July 11, 2026, at 5:00 P.M. (IST). Members holding shares in either physical or dematerialized form as on the cut-off date are eligible to cast their votes during this window.

The resolutions deemed to be passed on the last date of e-voting, July 11, 2026, if approved by the requisite majority. The scrutinizer will submit a report to the Chairman upon completion of the scrutiny. The results of the postal ballot are expected to be declared on or before July 14, 2026, and will be displayed at the registered office and hosted on the company's website.

Resolutions for Postal Ballot

The notice and explanatory statement are available on the company's website and the websites of the National Stock Exchange of India Limited and CDSL. Members who have not received the notice can download it from these platforms or request it via email.

Thejo Engineering Limited reported a 14.4% year-on-year increase in revenue from operations to ₹63,209 lakh for the financial year ended March 31, 2026, while profit after tax (PAT) declined 6.6% to ₹4,885 lakh. The company announced its financial results for the fourth quarter and full year at its Board Meeting held on May 27, 2026. The strong top-line growth was driven by sustained customer engagement and execution across key markets, despite a challenging operating environment during the year.

FY26 Financial Performance

For the full year, revenue from operations rose to ₹63,209 lakh from ₹55,274 lakh in FY25. EBITDA stood at ₹8,968 lakh, a decrease of 3.3% from the previous year's ₹9,276 lakh. The EBITDA margin for FY26 was 14.2%, compared to 16.8% in FY25. Net profit for the year decreased to ₹4,885 lakh from ₹5,231 lakh in the prior year, with a PAT margin of 7.7%.

Q4 Performance Highlights

In the quarter ended March 31, 2026, revenue grew 18.3% year-on-year to ₹18,117 lakh from ₹15,319 lakh in Q4 FY25. EBITDA for the quarter was ₹2,757 lakh, a decrease of 3.7% from ₹2,864 lakh in the same period last year. PAT for Q4 FY26 stood at ₹1,659 lakh, a marginal increase of 0.1% compared to ₹1,658 lakh in Q4 FY25. The EBITDA margin for Q4 was 15.2%, while the PAT margin was 9.2%.

*Before exceptional items

Management Commentary

Mr. V.A. George, Executive Chairman of Thejo Engineering Limited, stated that the company delivered healthy top-line growth driven by demand for specialised engineering solutions. He highlighted that the company continued to strengthen manufacturing capabilities and expand its global presence through ongoing capacity expansion initiatives. The management expressed confidence based on a healthy order book and expanding operational capabilities, positioning the company to capitalise on emerging opportunities in productivity and efficiency.