JTL Industries has reported its highest half-year volumes for H1 FY26, showcasing resilience in the face of adverse conditions. The company achieved a notable milestone in its operations, demonstrating growth despite environmental challenges.

Record-Breaking Performance

JTL Industries recorded a total volume of 1,82,210 metric tons in the first half of fiscal year 2026. This impressive figure represents a 3.50% increase compared to the same period in the previous year. The growth is particularly noteworthy considering the obstacles faced by the company during this period.

Overcoming Challenges

The company's achievement becomes even more significant when considering the adverse conditions it faced. JTL Industries managed to attain this growth despite encountering flood-related challenges during the period. This resilience underscores the company's operational strength and ability to navigate difficult circumstances.

Performance Overview

To better illustrate JTL Industries' performance, here's a breakdown of the key figures:

This table clearly shows the company's volume growth, highlighting its positive trajectory despite the challenges faced.

The company's ability to achieve record volumes while dealing with flood-related issues demonstrates its operational resilience and effective management strategies. This performance may be indicative of JTL Industries' strong market position and its capacity to maintain growth even in challenging environments.

JTL Industries Limited, a prominent player in the industrial sector, held its 34th Annual General Meeting (AGM) on September 23, 2025, where shareholders approved significant board changes and a new employee stock option scheme. The meeting, conducted through video conferencing, saw a series of important resolutions passed with overwhelming majority.

Board Reappointments and New Addition

One of the key highlights of the AGM was the reappointment of two Whole-time Directors, Mr. Dhruv Singla and Mr. Pranav Singla, each for a term of five years. Both directors, who were initially appointed in August 2021 with tenures set to expire in August 2026, received strong shareholder support for their reappointment.

Mr. Dhruv Singla, son of Managing Director Madan Mohan, brings over a decade of experience in finance, accounting, taxation, fund management, and auditing. He holds a B.Com (Honors) degree in Economics from Punjab University and a Master's degree in International Management from King's College, United Kingdom.

Mr. Pranav Singla, nephew of Madan Mohan and cousin to Dhruv Singla, has more than five years of experience in capital markets, accounting, finance, production management, strategic planning, cost management, and plant expansions. His reappointment was approved with 99.99% of votes in favor.

In addition to these reappointments, shareholders approved the appointment of Mr. Jagdeep Kumar Goel as a Non-Executive Non-Independent Director. Mr. Goel, a former Indian Revenue Service (IRS) officer, brings over 30 years of experience in taxation, finance, and legal affairs. He served in the Income Tax Department from 1989 to 2022, holding senior roles including Principal Commissioner and Director in the Central Board of Direct Taxes (CBDT). Mr. Goel's appointment was overwhelmingly supported, with 99.98% of votes cast in favor.

Employee Stock Option Scheme

Another significant development at the AGM was the approval of the JTL Industries Employee Stock Option Scheme – 2025. The scheme, which received 95.76% votes in favor, allows for the issuance of up to 30,00,000 stock options, each convertible into one equity share of Re. 1 face value. This move is likely aimed at aligning employee interests with those of the company and its shareholders.

Financial Matters

Shareholders also approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025. Additionally, a final dividend of Rs. 0.125 (12.5%) per equity share was declared for the FY 2024-25, applicable only to shareholders in the "Public Category".

Other Resolutions

The AGM saw the passage of several other resolutions, including:

• Reappointment of Mr. Madan Mohan as a director
• Appointment of Secretarial Auditors
• Ratification of remuneration for Cost Auditors for the Financial Year 2025-26

The strong shareholder support for these resolutions reflects confidence in the company's leadership and strategic direction. As JTL Industries moves forward with its refreshed board and new employee incentive scheme, stakeholders will be watching closely to see how these changes impact the company's performance and growth trajectory in the coming years.