Baroda extrusion Limited has announced that its board of directors will convene on February 12, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will take place at the company's registered office and works facility located at Survey No. 65-66, Jarod-Samalaya Road, Village Garadhiya, Taluka Savli, Vadodara, Gujarat.

Meeting Details and Compliance

The board meeting has been scheduled in accordance with Regulation 29 read with Regulation 33 of the Listing Regulations. The company formally notified BSE Limited about this meeting through an official communication dated February 6, 2026, ensuring compliance with regulatory requirements for listed companies.

Board Meeting Agenda

The primary agenda for the board meeting includes consideration and approval of the company's unaudited financial results for the quarter and nine months ended December 31, 2025. The board will also address any other business matters that may arise with the permission of the chairperson during the meeting.

Corporate Information

Baroda Extrusion Limited, incorporated under CIN L27109GJ1991PLC016200, operates from its registered office and manufacturing facility in Vadodara, Gujarat. The company secretary, Vaishali Joshi, signed the official communication to BSE Limited, ensuring proper corporate governance procedures are followed for this important board meeting announcement.

Baroda Extrusion Limited has reported a robust financial performance for the second quarter of fiscal year 2025-26, alongside a significant equity fundraising initiative. The company, which specializes in copper tubes and bars, has shown marked improvement in its revenue and profitability.

Financial Highlights

For the quarter ended September 30, 2025, Baroda Extrusion reported the following key figures:

The company's performance for the first half of FY2025-26 also showed significant growth:

Equity Fundraising

During the quarter, Baroda Extrusion completed a substantial preferential issue of equity shares:

• Total shares issued: 4.53 crore
• Issue price: ₹8.25 per share (Face Value: ₹1, Securities Premium: ₹7.25)
• Total funds raised: ₹37.40 crore

The fundraising was structured as follows:

1. Conversion of unsecured loans: ₹20 crore (2.42 crore shares)
2. Fresh fund infusion: ₹17.40 crore (2.11 crore shares)

This equity infusion has significantly strengthened the company's balance sheet, with the total equity increasing to ₹197.08 crore as of September 30, 2025, compared to a negative ₹197.03 crore as of March 31, 2025.

Operational Performance

The company's improved financial performance can be attributed to increased demand for its copper products and effective cost management. The cost of materials consumed rose in line with revenue growth, indicating steady operational efficiency.

Auditor's Observation

The company's auditors have noted a qualification regarding advances received for the supply of goods. An amount of ₹64.86 lakhs in customer advances has not been appropriated against the supply of goods within the 365-day period required by the Companies Act, 2013.

Outlook

With a strengthened balance sheet and improved profitability, Baroda Extrusion appears well-positioned to capitalize on growth opportunities in the copper tubes and bars market. However, investors should monitor how the company addresses the auditor's qualification and manages its working capital in the coming quarters.

The company's board meeting to approve these results was held on November 11, 2025, demonstrating timely reporting of its financial performance to stakeholders.