Yug Decor has scheduled its 23rd Annual General Meeting (AGM) for September 26, 2026. The company published the formal notice in newspapers on September 6, 2026, confirming the date and providing specific timelines for e-voting and book closure alongside its Annual Report for FY26.

The meeting will be held at 12:00 noon at the company’s registered office in Ahmedabad. Shareholders holding shares as of the cut-off date of September 19, 2026, are eligible to vote. The company has enabled remote e-voting through Central Depository Services (India) Limited (CDSL).

E-Voting and Book Closure

Remote e-voting will commence on Wednesday, September 23, 2026, at 9:00 am and conclude on Friday, September 25, 2026, at 5:00 pm. Shareholders who do not cast their votes during this period can vote electronically during the physical meeting. Votes cast via the e-voting facility are final and cannot be changed subsequently.

The Register of Members, Share Transfer Books, and Register of Beneficial Owners will remain closed from Sunday, September 20, 2026, to Saturday, September 26, 2026, inclusive.

FY26 Financial Performance

The AGM agenda includes the adoption of audited financial statements for the fiscal year ended March 31, 2026. Yug Decor reported a total revenue of ₹392.3 crore (₹3,92,272.21 lakh), an increase from ₹332.1 crore in FY25. Net profit after tax rose to ₹7.65 crore (₹764.90 lakh) compared to ₹6.77 crore in the previous year.

Operating profit before interest, depreciation, and taxes (PBIT) stood at ₹24.97 crore, up from ₹18.33 crore in FY25. However, finance costs increased significantly to ₹14.61 crore from ₹9.25 crore, reflecting higher borrowing levels despite a rights issue that raised paid-up capital to ₹161.8 crore.

Director Appointments

The board previously reappointed Mr. Chandresh S. Saraswat as Managing Director and Ms. Ankita Saraswat as Whole-Time Director for five-year terms effective February 7, 2027. These appointments require shareholder approval at the upcoming AGM.

Mr. Sunil Thakore was appointed as an Additional Director in the Independent Director category on August 27, 2026. He holds this position until the AGM, after which shareholders may appoint him as an Independent Director for a five-year term. Additionally, Mr. Santosh Kumar Saraswat retires by rotation and offers himself for reappointment as Non-Executive Director.

Governance and Compliance

The company affirmed that none of the appointed or reappointed directors are debarred from holding office by SEBI or any other authority. Details regarding these appointments were disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Chandresh S. Saraswat brings over 40 years of experience in marketing within the timber, plywood, and FMCG sectors. Ms. Ankita Saraswat has managed marketing, human resources, and brand activities since 2012. Mr. Sunil Thakore has over three decades of experience in project management and the laminates/plywood industry.

Yug Decor promoter group member Ankita Chandresh Saraswat acquired 46,575 equity shares through open market transactions on September 2 and 3, 2026. The purchase raises her total holding to 3.94% of the company’s issued and paid-up share capital.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Saraswat bought the shares on the Bombay Stock Exchange’s SME Platform. Each share has a face value of ₹10.

Shareholding Changes

Saraswat held 5,90,813 shares, representing 3.65% of the voting capital, prior to these transactions. The recent purchases consist of two separate blocks: 20,700 shares (0.13%) on September 2 and 25,875 shares (0.16%) on September 3.

The post-acquisition holding stands at 6,37,388 shares. There were no changes in encumbered shares, warrants, or other convertible securities during this period. The disclosure was submitted to the Department of Corporate Services at BSE Limited.

What the Numbers Show

The incremental stake increase of 0.29% reflects a modest consolidation of promoter interest. With the promoter group maintaining a relatively small absolute stake of under 4%, this move signals continued confidence from key insiders without triggering substantial acquisition thresholds that would mandate further disclosures under SAST regulations.