Pearl Polymers Limited

AGM Details

  • Meeting Date: Friday, September 25, 2026 at 12:30 PM
  • Mode: Video Conferencing/Other Audio Visual Means as per MCA circulars
  • Cut-off Date: Friday, September 18, 2026 for determining voting rights
  • Remote e-voting Period: September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
  • Business Items:

1. Adoption of audited standalone financial statements for FY 2025-26

2. Re-appointment of Mr. Amit Seth (DIN: 00017395) who retires by rotation

Financial Performance Highlights (Standalone)

(₹ in Lakhs)

| Particulars | 2025-26 | 2024-25 | Change |

| Gross Total Revenue | 2,265.36 | 2,516.81 | -9.99% |

| Total Expenses | 2,756.87 | 3,043.94 | -9.43% |

| Loss Before Tax | (491.51) | (527.13) | Improvement of 6.76% |

| Tax Expenses | (14.63) | (15.13) | -3.30% |

| Loss After Tax | (476.88) | (512.00) | Improvement of 6.86% |

Key Financial Position (as at March 31, 2026)

  • Authorized Share Capital: ₹50 crore (₹30 crore equity shares + ₹20 crore preference shares)
  • Paid-up Equity Capital: ₹168.34 lakh (16,834,932 equity shares of ₹10 each)
  • Total Assets: ₹3,599.55 lakh (Previous year: ₹4,085.04 lakh)
  • Current Investments: ₹2,298.90 lakh (Previous year: ₹2,652.01 lakh)
  • Cash & Cash Equivalents: ₹36.35 lakh (Previous year: ₹75.69 lakh)
  • Reserves and Surplus: ₹1,204.37 lakh (excluding Revaluation Reserve)
  • Debt Position: Nil borrowings (debt-free company)

Dividend Declaration

No dividend recommended for FY 2025-26 due to losses incurred during the year.

Director Changes and Appointments

  • Resignation: Mr. Aman Thakran resigned as Company Secretary effective September 08, 2025
  • Appointment: Ms. Prachi Tyagi appointed as Company Secretary effective September 12, 2025
  • Re-appointment: Mr. Anant Kanoi (DIN: 00150667) re-appointed as Independent Director for second term from March 30, 2026 to March 29, 2031

Corporate Governance

  • Board met 5 times during FY 2025-26
  • All Independent Directors provided declarations of independence
  • Company has various policies including Code of Conduct, Related Party Transactions, Whistle Blower, etc.
  • No material related party transactions requiring shareholder approval

Contingent Liabilities

  • Excise Duty Demands: ₹366.13 lakh (various show cause notices from 1997-2004 periods)
  • GST Demands: ₹9.81 lakh (two matters for FY 2022-23 and 2018-21 periods)
  • All matters are under appeal with appropriate authorities

Shareholding Pattern (as at March 31, 2026)

  • Promoter Holding: 55.58% (93.56 lakh shares)
  • Public Holding: 40.64% (68.41 lakh shares)
  • Dematerialized Holdings: 95.75% of total shares
  • Physical Holdings: 4.25% of total shares

Key Ratios

  • Current Ratio: 4.75 times (Previous year: 5.60 times)
  • Debt-Equity Ratio: 0.00 (debt-free)
  • Return on Equity: -14.15% (Previous year: -14.23%)
  • Inventory Turnover Ratio: 6.80 times (Previous year: 6.45 times)
  • Trade Receivable Turnover Ratio: 10.71 times (Previous year: 12.64 times)

Other Disclosures

  • CSR: Not applicable to the company
  • Employee Strength: 66 employees as on March 31, 2026
  • Median Employee Remuneration: ₹5,12,598 (10.11% increase over previous year)
  • Sexual Harassment Complaints: No complaints received during the year
  • IEPF: Unclaimed amounts transferred to Investor Education and Protection Fund as required

Voting Arrangements

  • NSDL appointed as authorized e-voting agency
  • Mr. Abhishek Gupta appointed as Scrutinizer for e-voting process
  • Facility for remote e-voting and e-voting at AGM provided to members

Additional Information

  • Company's product portfolio includes PET jars and bottles under PearlPET brand
  • Business operations include manufacturing and trading of consumer houseware products
  • Manufacturing Facility: B-3/2, M.I.D.C. Industrial Area, Mahad, Distt.-Raigad, Maharashtra