Vinyoflex Limited has fixed September 18, 2026, as the record date for its 33rd Annual General Meeting (AGM), scheduled for Friday, September 25, 2026.

The Board of Directors approved the AGM notice and book closure dates during a meeting held on August 31, 2026. The company filed its Annual Report for FY26 with the Bombay Stock Exchange on September 2, 2026, in compliance with Regulation 34 of SEBI (LODR), 2015. The report and AGM notice were dispatched by email to members with registered addresses as of August 28, 2026, adhering to MCA circulars dated May 5, 2020, April 8, 2020, and April 13, 2020, and SEBI circulars dated May 12, 2020, January 15, 2021, May 13, 2022, and January 5, 2023.

Key agenda items

Shareholders will vote on three primary resolutions at the AGM:

• Adoption of the Balance Sheet as at March 31, 2026, along with the Profit & Loss Account and Cash Flow Statement, and reports from the Board and Auditors.
• Re-appointment of Mrs. Nila Uday Tilva (DIN: 07123527) as a Director, who retires by rotation and is eligible for re-appointment.
• Re-appointment of M/s. Bhavin Associates (FRN: 101383W) as Statutory Auditors until the conclusion of the 38th AGM in FY31.

E-voting and book closure

The company has enabled remote e-voting via the National Securities Depository Limited (NSDL) platform. Shareholders holding shares in physical or dematerialized form as on the cut-off date of September 18, 2026, are eligible to vote. The e-voting period commences on Monday, September 21, 2026, at 9:00 am and ends on Thursday, September 24, 2026, at 5:00 pm.

Once a vote is cast, it cannot be changed. The register of members and share transfer books will remain closed from September 18, 2026, to September 25, 2026, inclusive. This period serves as the cut-off for determining voting rights.

Corporate governance details

Mrs. Nila Uday Tilva, appointed on March 7, 2015, holds 41,980 shares (0.97%) in the company. She holds directorships in four other companies and has over 11 years of management experience.

CS Chetan Devidas Shah (ICSI Mem No. F-5131) has been appointed as the scrutinizer to oversee the electronic voting process and will submit his report within three working days of the conclusion of the e-voting period. Members holding shares in physical form are requested to consider converting their holdings to dematerialized form, as per SEBI regulations effective from April 1, 2019.

Vinyoflex Limited reported a 35% year-on-year increase in net profit to ₹83.6 lakh for the quarter ended June 30, 2026, driven by improved operational efficiency and reduced interest expenses. The company’s revenue from operations rose 4% to ₹941.1 lakh, reflecting steady demand in its single-segment PVC film business. Basic earnings per share (EPS) climbed to ₹1.94 from ₹1.43 in the corresponding period last year, signaling stronger profitability for shareholders.

The Board of Directors approved the standalone unaudited financial results on July 30, 2026, during a meeting at its registered office in Rajkot. The results were reviewed by statutory auditor M/s. Bhavin Associates under Standard on Review Engagement (SRE) 2400. Certification was provided by Chief Executive Officer Rahul Mansukhbhai Patel and Chief Financial Officer Kiritbhai B. Makadia under Regulation 33(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Key Financial Highlights

Revenue growth remained modest as other income declined to ₹7.6 lakh from ₹14.8 lakh in Q1FY26. However, cost controls helped preserve margins, with total expenses rising only marginally to ₹837.1 lakh compared to ₹834.3 lakh previously.

What the Numbers Show

A notable shift in Vinyoflex’s cost structure is the complete elimination of finance costs, which stood at ₹0.8 lakh in Q1FY26 but dropped to zero in Q1FY27. This improvement coincided with a significant reduction in trade receivables, which fell to ₹1,197.3 lakh from ₹1,385.9 lakh at the end of FY26. The decline in receivables suggests tighter credit management or faster collections, reducing working capital pressure. Meanwhile, cash and cash equivalents surged to ₹806.7 lakh from ₹442.8 lakh, enhancing liquidity.

Inventory levels increased to ₹774.2 lakh from ₹727.6 lakh, indicating potential buildup ahead of anticipated demand or production cycles. Despite this, the change in inventories contributed positively to profit before tax, showing efficient stock utilization. Deferred tax liabilities remained stable at ₹44.8 lakh, while provisions for current liabilities rose to ₹53.6 lakh from ₹9.6 lakh, possibly reflecting updated risk assessments.

Balance Sheet Position

Total assets expanded to ₹3,999.9 lakh from ₹3,793.8 lakh, primarily due to higher current assets. Non-current assets decreased slightly to ₹1,168.6 lakh, with property, plant, and equipment falling to ₹641.5 lakh from ₹654.3 lakh. Investments remained unchanged at ₹501.3 lakh. On the liability side, equity grew to ₹3,685.3 lakh, bolstered by retained earnings, while borrowings remained nil, underscoring a debt-free balance sheet.

The company operates exclusively in the PVC film segment, making segment reporting under Accounting Standard 17 inapplicable. Previous figures have been regrouped where necessary, and results comply with Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013.