Triveni Glass Limited has announced that its 55th Annual General Meeting (AGM) will be held on Friday, September 11, 2026, at 12:00 pm at Hotel Allahabad Regency in Prayagraj. The meeting aims to transact ordinary business, including the adoption of audited financial statements for the fiscal year ended March 31, 2026, as well as several special resolutions concerning board composition and related-party transactions.

The company’s share transfer books will remain closed from Saturday, September 5, 2026, through Friday, September 11, 2026. Members holding shares as of the record date, September 4, 2026, are eligible to vote. Remote e-voting facilities will be available via NSDL from Tuesday, September 8, 2026, at 9:00 am until Thursday, September 10, 2026, at 5:00 pm.

Financial Results for FY26

Shareholders will consider the adoption of financial results showing a significant shift in performance compared to the prior year. The company reported zero revenue from operations for both FY26 and FY25, reflecting its non-operational manufacturing status. However, other income declined sharply to ₹38.65 lakh in FY26 from ₹100.20 lakh in FY25. This reduction in income, coupled with an increase in total expenditure to ₹113.22 lakh from ₹87.16 lakh, resulted in a net loss of ₹74.57 lakh for FY26, a reversal from a net profit of ₹8.83 lakh in the previous fiscal year.

Board Reappointments and Continuations

The special business includes the reappointment of Mr. Ishwar Chandra Agarwal as an Independent Director for a second term of five years, commencing June 21, 2027. Additionally, shareholders will approve the continuation of Mr. Agarwal’s directorship post-attaining the age of 75 years, pursuant to Regulation 17(1A) of the SEBI (LODR) Regulations, 2015. Similarly, the meeting will seek approval for the continuation of Mrs. Manju Agarwal as a Non-Executive Independent Director after she attains 75 years.

Related-Party Transactions

Two related-party transactions with Uttar Pradesh Safety Glass Works Private Limited (UPSGWPL), a promoter group entity, require shareholder approval. The first involves the supply of materials, including scrap items generated from factory premises, for an aggregate value not exceeding ₹15 lakh per annum over five years. The second transaction authorizes the lease of motor vehicles on a bare lease basis at a monthly rental of ₹10,000 plus applicable GST, also for a five-year period starting October 1, 2026. Managing Director Mr. J.K. Agrawal has disclosed his interest in these resolutions as his wife is a director in UPSGWPL.

What the Numbers Show

The divergence between total income and total expenditure highlights the company's current operational challenges. With revenue from operations at zero, the entire income stream relies on other sources, which contracted by approximately 61% year-on-year. Meanwhile, expenditures rose by nearly 30%, driven largely by other expenses increasing from ₹62.93 lakh to ₹82.88 lakh. This structural imbalance—where fixed or semi-fixed costs outpace declining non-operational income—directly contributed to the swing from profit to loss, underscoring the dependency on future asset monetization strategies mentioned in the management discussion.

Triveni Glass Limited returned to profitability in the first quarter of FY27, reporting a standalone net profit of ₹15.83 lakh for the period ended June 30, 2026. This marks a significant turnaround from the net loss of ₹6.95 lakh incurred in the same quarter of the previous fiscal year. The improvement was driven by a substantial increase in total income from operations, which climbed to ₹60.66 lakh compared to ₹12.86 lakh in Q1FY26. The Board of Directors approved the unaudited financial results on July 28, 2026, under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company’s operational performance showed marked strength in Q1FY27. Total income from operations surged to ₹60.66 lakh, up from ₹12.86 lakh in Q1FY26. This revenue growth enabled the company to generate a pre-tax profit of ₹15.83 lakh, contrasting with the pre-tax loss of ₹6.95 lakh in the prior year’s quarter. There were no exceptional items or other comprehensive income reported for the period. The paid-up equity share capital remained unchanged at ₹1,261.94 lakh, and reserves stood at ₹4,408.75 lakh.

Financial Highlights

The earnings per share (basic and diluted) improved to ₹0.13 per share in Q1FY27, recovering from a loss of ₹0.06 per share in Q1FY26. For context, the company reported an audited net loss of ₹74.57 lakh for the full year ended March 31, 2026. The current quarter’s profit contributes positively to closing that annual deficit.

What the Numbers Show

The primary driver of this quarter’s profitability is the five-fold increase in operational income. While the source document does not break down revenue streams or cost structures, the shift from a ₹6.95 lakh loss to a ₹15.83 lakh profit indicates a significant improvement in the company’s operating leverage or volume mix during the quarter. Investors should monitor whether this operational income growth is sustainable in subsequent quarters or if it reflects one-off factors.

The unaudited standalone results were filed with the Bombay Stock Exchange. The full format of the quarterly results is available on the company’s website and the BSE platform. Tanushree Chatterjee, Company Secretary & Compliance Officer, certified the filing, which was published in newspapers on July 30, 2026.