Triveni Glass Limited has issued a comprehensive postal ballot notice seeking shareholder approval for the reappointment of Mrs Manju Agarwal as Independent Woman Director. The company dispatched the notice on February 5, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Timeline and Process

The company has established a detailed timeline for the postal ballot process, with all communications conducted electronically:

In compliance with MCA Circulars, the postal ballot notice has been sent only through electronic mode to shareholders whose email addresses are registered with the Company, Registrar and Share Transfer Agent, or Depositories (NSDL and CDSL).

Director Reappointment Details

The postal ballot seeks approval for the reappointment of Mrs Manju Agarwal (DIN: 00778983) as an Independent Woman Director for a second term of five consecutive years. The proposed term will commence from March 19, 2026 and conclude on March 18, 2031.

Mrs Manju Agarwal was initially appointed as an Independent Director for her first term effective March 19, 2021. According to the explanatory statement, she is a graduate who holds directorship for more than 15 years in different companies and is described as a respected business leader and valuable asset to the board.

Regulatory Compliance and Authorization

The reappointment requires approval through a Special Resolution as per the provisions of Sections 149, 150, 152 read with Schedule IV of the Companies Act, 2013, and applicable SEBI Listing Regulations. The Nominations & Remuneration Committee has recommended her reappointment for the five-year term.

The resolution also authorizes Mr. Jitendra Kumar Agrawal, Managing Director (DIN: 00452816) and Mr Anil Kumar Dhawan, Director Finance (DIN: 00694401) to jointly or severally execute all necessary acts and regulatory filings related to the appointment.

E-Voting Infrastructure

The company has appointed CS Ruchika Chopra, proprietor at M/S Ruchika Chopra and Associates, as Scrutinizer for conducting the postal ballot through the e-voting process. Shareholders can cast their votes electronically during the specified voting period using the NSDL e-voting platform.

The company's Registrar and Transfer Agent is CB Management Services Private Limited. Detailed instructions for e-voting have been provided in the notice, including specific login methods for individual shareholders holding securities in demat mode with NSDL and CDSL, as well as procedures for shareholders holding securities in physical mode.

For shareholders whose email addresses are not registered, the company has provided a process to receive the notice, login ID and password for e-voting by submitting required documents to akd@triveniglassltd.com .

Triveni Glass Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing challenging operational performance. The company's board meeting held on January 28, 2026, at Hotel Allahabad Regency in Prayagraj addressed key financial and governance matters.

Financial Performance Analysis

The company's Q3FY26 results show a significant deterioration in financial performance compared to the previous year. Key metrics demonstrate the operational challenges faced during the quarter.

The company reported total income from operations of ₹7.24 lakhs in Q3FY26, marking a sharp decline of 90.37% from ₹75.19 lakhs in Q3FY25. This dramatic reduction in operational revenue contributed significantly to the company's shift from profitability to losses.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, Triveni Glass reported a net loss of ₹47.83 lakhs compared to a profit of ₹22.98 lakhs in the corresponding period of the previous year. Total revenue for the nine-month period stood at ₹20.26 lakhs, substantially lower than ₹97.30 lakhs in the previous year.

Board Decisions and Corporate Governance

The board meeting addressed several important governance matters beyond the financial results approval. A significant decision involved the reappointment of key independent director positions.

Smt Manju Agarwal, described as a respected business leader with specialized knowledge in business domain and functioning, will continue her role subject to member approval. The board confirmed she is not related to any other directors and is not debarred from holding directorship by any regulatory authority.

Financial Position and Cash Flow

The company's balance sheet as of December 31, 2025, shows total assets of ₹602.42 lakhs compared to ₹657.59 lakhs as of March 31, 2025. The equity position remains negative at ₹1,520.20 lakhs, reflecting accumulated losses over time.

Cash flow from operating activities showed an outflow of ₹63.33 lakhs during the quarter, indicating operational challenges. However, investing activities generated positive cash flow of ₹20.36 lakhs, while financing activities contributed ₹42.91 lakhs.

Regulatory Compliance

The financial results were prepared in accordance with applicable accounting standards and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Amit Ray & Co., Chartered Accountants, conducted the review and confirmed that nothing came to their attention suggesting material misstatements in the unaudited financial results.