Valson Industries has scheduled its 42nd Annual General Meeting for September 19, 2026, at 11:30 am. The meeting will be conducted through video conferencing or other audio-visual means in accordance with SEBI and Ministry of Corporate Affairs circulars.

Meeting Agenda

The Board of Directors has outlined three key items for shareholder consideration during the virtual gathering:

• Adoption of the audited annual financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board and Auditors.
• Reappointment of Mr. Ankit Mutreja as a Director in place of his retirement by rotation.
• Ratification of the remuneration for Cost Auditors for the fiscal year ending March 31, 2027.

Cost Auditor Remuneration

Shareholders will vote to ratify the appointment of M/s. ABK & Associates as Cost Auditors for the upcoming fiscal year. The proposed remuneration is ₹1,25,000 plus applicable taxes and reimbursement of out-of-pocket expenses incurred during the audit process.

Director Reappointment Details

Mr. Ankit Mutreja, who holds a Bachelor of Business Administration degree, seeks reappointment after retiring by rotation. He currently holds 3,39,276 equity shares, representing 4.43% of the company’s equity share capital. His current remuneration stands at ₹1,25,000 per month, including employer’s Provident Fund contribution.

Voting and Participation

The record date for determining voting eligibility is set for September 11, 2026. Remote e-voting will be available from September 16, 2026, at 9:00 am until September 18, 2026, at 5:00 pm. National Securities Depository Limited (NSDL) has been appointed to facilitate both the video conferencing facility and the e-voting process.

Members holding shares as on the cut-off date can cast their votes electronically either prior to the meeting or during the live session. The facility to join the meeting via video conference will be available on a first-come, first-served basis for up to 1,000 members, excluding large shareholders, promoters, and institutional investors who have unrestricted access.

Valson Industries Limited reported a 20.2% rise in net profit to ₹48.40 lakh for the financial year ended March 31, 2026, compared to ₹40.31 lakh in the previous year. Revenue from operations for the period decreased by 14% to ₹11164.81 lakh from ₹12978.67 lakh in FY25. The company’s total income stood at ₹11251.51 lakh for FY26, down from ₹13083.98 lakh in the preceding year.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹24.22 lakh, an increase from ₹15.91 lakh in the same quarter of the previous year. Revenue from operations for Q4FY26 was ₹2891.66 lakh, compared to ₹2711.04 lakh in Q4FY25. Total expenses for the financial year were ₹11212.90 lakh, lower than ₹13032.89 lakh in the previous year.

The Board of Directors, at its meeting held on May 30, 2026, approved the audited annual financial results. The statutory auditors, Bastawala and Associates, Chartered Accountants, issued an unmodified opinion on the financial statements. The company operates in a single business segment, 'Yarns', with sales substantially in the domestic market.

In addition to the financial results, the Board approved the re-appointment of Mehta Chokshi Shah & LLP as Internal Auditors and ABK & Associates as Cost Auditors. The re-appointments are effective from the financial year 2026-27. The information was filed pursuant to Regulation 33 and Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The company noted that the Government of India’s new Labour Codes, effective from November 21, 2025, were implemented during the quarter ending March 31, 2026, with no material financial impact. The figures for the quarter ended March 31, 2026, are the balancing figures between the audited annual results and the published unaudited results for the nine months ended December 31, 2025.

Financial Performance Summary