Incredible Industries Limited has successfully concluded its postal ballot process, announcing results on February 11, 2026, with shareholders demonstrating strong support for the proposed resolution. The company conducted the voting exclusively through remote e-voting in accordance with regulatory requirements under Section 110 read with Section 108 of the Companies Act, 2013.

Postal Ballot Process and Regulatory Framework

The postal ballot notice was issued on January 8, 2026, seeking shareholder consent for appointing Mr. Raj Prakash Verma (DIN: 09305391) as a Non-Executive Director (Non-Independent) of the company. The process was conducted pursuant to the Companies Act, 2013, Companies (Management and Administration) Rules, 2014, MCA General Circular No. 09/2024, and SEBI Listing Regulations.

Voting Results and Shareholder Participation

The resolution received exceptional support from shareholders across all categories. A total of 61 members participated in the remote e-voting process, casting votes for 3,81,88,350 shares representing 81.66% of the total outstanding shares.

Category-wise Voting Breakdown

The promoter and promoter group demonstrated strong support for the resolution with 92.43% participation, while public shareholders also showed significant approval. The detailed voting pattern reflects broad-based confidence in the proposed appointment.

Scrutinizer's Report and Compliance

Mr. Mohan Ram Goenka of MR & Associates, Company Secretaries, served as the appointed scrutinizer to ensure the voting process maintained fairness and transparency. The scrutinizer's report dated February 11, 2026, confirmed that all procedural requirements were met and the resolution was passed with requisite majority.

The scrutinizer certified that 61 members cast their votes through the remote e-voting platform, with the voting portal being blocked immediately after the conclusion of the e-voting period. The votes were unblocked in the presence of two independent witnesses, and the e-voting summary was downloaded from CDSL's platform.

Resolution Outcome and Director Appointment

Based on the scrutinizer's report, the ordinary resolution for appointing Mr. Raj Prakash Verma as a Non-Executive Director (Non-Independent) has been deemed passed with requisite majority. The appointment does not involve any interest from the promoter or promoter group in the resolution.

The complete voting results and scrutinizer's report are available on the company's website at www.incredibleindustries.co.in for shareholder reference. All relevant records of the voting process are maintained in electronic format and preserved as per statutory requirements.

Incredible Industries announced its unaudited financial results for the quarter and nine months ended 31st December, 2025, following a Board of Directors meeting held on 5th February, 2026. The company has now completed the mandatory newspaper publication of these results on 6th February, 2026, in compliance with SEBI regulations.

Regulatory Compliance and Publication

The company published its Q3FY26 financial results in leading newspapers including Business Standard (English) and Aaj Kaal (Bengali) on Friday, 6th February, 2026. This publication follows the submission of unaudited financial results to stock exchanges and fulfills the regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Quarterly Financial Performance

The company's Q3FY26 performance showed mixed results with revenue growth but declining profitability. Revenue from operations increased to ₹18,897.50 lacs compared to ₹16,186.56 lacs in the corresponding quarter of the previous year, marking a growth of 16.74%.

Despite the revenue growth, net profit declined significantly to ₹179.35 lacs from ₹302.54 lacs in Q3FY25, representing a decrease of 40.70%. The earnings per share also dropped to ₹0.39 from ₹0.65 in the previous year.

Nine-Month Performance Analysis

For the nine months ended 31st December, 2025, Incredible Industries demonstrated stronger overall performance with consistent growth across key metrics.

The nine-month revenue from operations grew by 18.05% to ₹62,086.29 lacs from ₹52,592.23 lacs in the corresponding period of the previous year. Net profit for the nine-month period increased to ₹699.53 lacs compared to ₹664.65 lacs, showing a growth of 5.24%.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 5th February, 2026. Company Secretary and Compliance Officer Bharat Agarwal communicated the newspaper publication compliance to BSE, NSE, and Calcutta Stock Exchange on 6th February, 2026.

The company maintains its paid-up equity share capital at ₹4,676.38 lacs with a face value of ₹10.00 per share. Incredible Industries operates within a single primary business segment of "Iron & Steel Products" and has no subsidiary, associate, or joint venture companies as of 31st December, 2025.