Jagan Lamps Limited has announced several significant corporate decisions following its Board of Directors meeting held on September 5, 2025. The company has made key appointments and set important dates for its upcoming Annual General Meeting (AGM).

New Independent Director Appointment

The Board has appointed Mr. Ashwani Mangla as an Additional Non-Executive & Independent Director, effective September 5, 2025. Mr. Mangla, a B.Tech in Chemical Engineering, brings over 24 years of experience in International Trade and Marketing to the role. As a Non-Resident Indian (NRI) residing in Australia, Mr. Mangla is not related to any existing directors or key managerial personnel of the company.

33rd Annual General Meeting

Jagan Lamps Limited has scheduled its 33rd AGM for September 29, 2025, at 10:00 AM. The meeting will be held at the company's registered office located at Narela Piao Manihari Road, District - Sonipat, Haryana.

Key Appointments and Decisions

Secretarial Auditor

M/s Mehak Gupta & Associates, a peer-reviewed firm of Company Secretaries, has been appointed as the Secretarial Auditor for a five-year term starting from the financial year 2025-2026, subject to shareholder approval at the upcoming AGM.

Internal Auditor

Mr. Surendra Prasad, a Commerce graduate with expertise in accounting, has been appointed as the Internal Auditor for the financial year 2025-2026.

E-Voting Arrangements

The company has appointed National Securities Depository Ltd (NSDL) to provide e-voting facilities for the 33rd AGM. M/s Mehak Gupta & Associates, Company Secretaries, will serve as the scrutinizer for the e-voting process.

Cut-off Date

September 22, 2025, has been set as the cut-off date for determining voting eligibility for the AGM.

Board Report Approval

The Board of Directors has approved the Board Report for the financial year ended March 31, 2025.

Legal Proceedings

The Board has authorized several officials, including Managing Director Mr. Ashish Aggarwal, Company Secretary Mr. Hardik Gujar, and legal professionals, to represent the company in filing an appeal against a Standard Operating Procedure (SOP) fine levied by the Bombay Stock Exchange.

These decisions reflect Jagan Lamps Limited's commitment to strong corporate governance and compliance with regulatory requirements. The appointment of Mr. Ashwani Mangla as an Independent Director is expected to bring fresh perspectives to the company's board, leveraging his extensive experience in international trade and marketing.

Jagan Lamps Limited , a manufacturer of lamps and lighting products, has reported its financial results for the first quarter. Despite facing a significant revenue decline, the company managed to maintain its profitability, showcasing resilience in challenging market conditions.

Financial Performance

Jagan Lamps Limited reported total income from operations of Rs. 896.10 lakhs for Q1, representing a 14.8% decline from Rs. 1052.40 lakhs in the corresponding quarter of the previous year. However, the company's net profit after tax remained stable at Rs. 37.14 lakhs, compared to Rs. 37.07 lakhs in the same period last year.

Key financial highlights for Q1:

All financial figures in Rs. lakhs, except for Earnings Per Share

Business Segment and Operations

Jagan Lamps Limited operates in a single business segment, focusing on the manufacturing and selling of lamps and lighting products. The company's ability to maintain profitability despite the revenue decline suggests effective cost management and operational efficiency.

Financial Position

As of the last reported financial year-end, Jagan Lamps Limited reported:

• Paid-up equity share capital: Rs. 729.52 lakhs
• Reserves: Rs. 2508.75 lakhs

Investor Communication

In compliance with regulatory requirements, Jagan Lamps Limited has published extracts of its Unaudited Financial Results for the quarter in the Financial Express (English) and Jansata (Hindi) newspapers. This demonstrates the company's commitment to transparent communication with its stakeholders.

Investors and stakeholders can access the detailed financial results on the company's website ( www.jaganlamps.com ) and the BSE website ( www.bseindia.com ).

As the lighting industry continues to evolve, Jagan Lamps Limited's performance in the coming quarters will be closely watched by investors and industry analysts alike.