Zenith Exports has designated September 17, 2026 as the cut-off date for determining shareholder eligibility to vote electronically at its 44th Annual General Meeting. The company will close its register of members and share transfer books from September 18, 2026 to September 24, 2026 (both days inclusive). The AGM is scheduled to take place on Thursday, September 24, 2026 at 11:30 am through Video Conference or Other Audio Visual Means.

The voting rights of members, including those for remote e-voting, will be reckoned based on names appearing in the Register of Members or list of Beneficial Owners as on the end of day on September 17, 2026. This determination is made pursuant to Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates

The company will avail the e-voting facility from National Securities Depository Limited (NSDL) for its members to cast their votes electronically. Detailed instructions on attending the AGM and casting votes will be provided in the Notice of the AGM, which will be sent along with the Annual Report for the year ended March 31, 2026.

This intimation was issued on August 13, 2026 by Anita Kumari Gupta, Company Secretary and Compliance Officer. The disclosure was made in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Zenith Exports reported a standalone net loss of ₹60 lakh for the quarter ended June 30, 2026 (Q1FY27), compared to a net profit of ₹140 lakh in the corresponding period of FY26. The company’s revenue from operations declined by approximately 25% year-on-year to ₹1,349 lakh, down from ₹1,790 lakh in Q1FY25.

The pre-tax loss widened to ₹79 lakh from a pre-tax profit of ₹193 lakh in the prior year quarter. This deterioration was driven by a significant contraction in top-line growth coupled with persistent operational costs. Total expenditure stood at ₹1,508 lakh, exceeding total income of ₹1,429 lakh. Earnings per share (basic and diluted) were recorded at -₹1.11, compared to ₹2.59 in Q1FY25. Total comprehensive income for the period was -₹4 lakh, a sharp decline from ₹149 lakh in the previous year quarter.

Segment Performance

The Industrial Leather Hand Gloves segment remained the largest revenue contributor but saw a sharp decline in sales. Revenue from this segment fell to ₹854 lakh from ₹1,239 lakh in Q1FY25. Conversely, the EOU - Silk Fabrics segment witnessed a marginal increase in revenue to ₹272 lakh from ₹266 lakh.

All four reportable segments recorded losses before tax and interest in Q1FY27. The Silk Fabrics/Made-ups segment posted a loss of ₹16 lakh, while the EOU - Silk Fabrics segment reported a loss of ₹29 lakh. In contrast, during Q1FY25, both segments were profitable, with Silk Fabrics contributing ₹182 lakh and EOU - Silk Fabrics adding ₹15 lakh to the bottom line.

What the Numbers Show

The financial results reveal a complete reversal in profitability across all business verticals. While total income dropped by ₹463 lakh year-on-year, total expenditure decreased by only ₹191 lakh. This divergence indicates that cost structures did not adjust proportionally to the revenue decline, leading to margin compression. Specifically, other expenditure remained relatively stable at ₹438 lakh compared to ₹444 lakh in the prior year quarter, despite the significant fall in operating revenue.

Corporate Developments

During its meeting on August 12, 2026, the Board of Directors approved several administrative changes:

• AGM Schedule: The 44th Annual General Meeting is scheduled for September 24, 2026, to be held via Video Conferencing/OAVM.
• Remuneration Revision: The Managing Director, Mr. Varun Loyalka, received a salary increase of ₹50,000 per month.
• Scrutinizer Appointment: Mr. Vivek Mishra of M&A Associates was appointed as the scrutinizer for the AGM.
• Record Date: The cut-off date for voting rights is September 17, 2026, with the register of members closed from September 18 to September 24, 2026.

The unaudited standalone financial results were reviewed by statutory auditors V. Goyal & Associates.