Gujarat Poly Electronics Limited has scheduled its 37th Annual General Meeting (AGM) to be held on Thursday, 20th August, 2026 at 11:00 A.M. through Video Conferencing (VC)/Other Audiovisual Means (OAVM).

Ordinary Business Items:

1. To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March, 2026, including Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, and reports of Board of Directors and Auditors.

2. To declare dividend of ₹0.50 per equity share of ₹10 each for FY ended 31st March, 2026.

3. To appoint a director in place of Mr. Vinay Kumar Puniani (DIN 10706691), who retires by rotation and offers himself for re-appointment.

Special Business Item:

4. Re-appointment of Mr. Vinay Kumar Puniani as Whole-time Director designated as 'Executive Director' for 2 years commencing from 1st August 2026 (Special Resolution required).

Financial Performance Highlights (₹ in lakhs):

  • Sales Turnover: FY26 - 1687.30, FY25 - 1778.94, FY24 - 1691.31
  • Profit/(Loss) before Tax: FY26 - 3188.40, FY25 - 252.11, FY24 - 184.33
  • Current Tax: FY26 - 356.86, FY25 - 8.44, FY24 - 0
  • Deferred Tax: FY26 - 32.59, FY25 - 29.19, FY24 - (31.60)
  • Profit after Tax: FY26 - 2802.22, FY25 - 214.48, FY24 - 215.93

Director Re-appointment Details:

Mr. Vinay Kumar Puniani (68 years) holds B.E. (Electronics & Electrical Communication) and has 44 years of experience in electronic components manufacturing. He has been with the company since inception, serving as Sr. General Manager (Plant) from January 1992 to August 2022, then as consultant until his appointment as Executive Director in August 2024.

Remuneration Terms for Executive Director:

  • With Profits: Salary up to 5% of Net Profit as decided by Board
  • Without/Inadequate Profits: Salary up to ₹5,00,000 per month or ₹60,00,000 per annum as minimum remuneration
  • Includes perquisites: house rent allowance, conveyance allowance, medical expenses, education allowance, leave travel allowance, mediclaim insurance, bonus
  • Previous remuneration: ₹25,38,658 paid as Executive Director for FY 2025-26
  • Holds 121 equity shares of the company

Meeting Logistics:

  • Virtual meeting through VC/OAVM
  • Deemed venue: Place from where chairman conducts the meeting
  • Members can join 30 minutes before and 15 minutes after scheduled time
  • Facility available for 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs)
  • Register of Members and Share Transfer Book closed from 14th August to 20th August 2026

Dividend Information:

  • If declared, dividend of ₹0.50 per equity share will be credited/dispatched after 20th August 2026
  • Record date: Friday, 17th July, 2026
  • TDS will be deducted as per Income Tax Act provisions
  • Dividend payments to physical shareholders will be made only through electronic mode

Voting Procedures:

  • Remote e-voting period: 17th August (9:00 AM) to 19th August (5:00 PM) 2026
  • Cut-off date for voting rights: 13th August 2026
  • NSDL appointed as e-voting agency
  • Ms. Ragini Chokshi of Ragini Chokshi & Co. appointed as Scrutinizer
  • Results to be declared within 2 working days of meeting conclusion

Additional Information:

  • Company nature: Manufacturer, Importer, Seller, Marketing of Ceramics Capacitors
  • No foreign investments or collaborations
  • Paid-up equity share capital: 85,50,000 equity shares of ₹10 each
  • Listed only on Bombay Stock Exchange
  • Annual listing fees for 2026-2027 paid to BSE
  • MUFG Intime India Pvt. Ltd serves as Registrar and Share Transfer Agent
  • Company has established Common Dispute Resolution Portal (ODR Portal) for investor disputes

Compliance References:

  • Filed pursuant to SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015
  • Compliance with Companies Act, 2013 provisions
  • Following MCA circular dated 22nd September 2025 for virtual AGM conduct
  • Documents include DIR-2 consent, DIR-8 disclosure, MBP-1 interest disclosure