Phoenix International Limited has issued notice for its 39th Annual General Meeting (AGM) scheduled to be held on Wednesday, September 30, 2026 at 01:00 P.M. (IST) through Video Conference/Other Audio Visual Means in compliance with the Companies Act, 2013 and SEBI Listing Regulations.

AGM Business Items

Ordinary Business:

  • To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026 together with Reports of the Board of Directors and Auditors
  • To appoint Mr. Paruvatharayil Mathai Alexander (DIN: 00050022), who retires by rotation and is eligible for re-appointment

Special Business - Item No. 3: Approval for Related Party Transactions

The company seeks shareholder approval for material related party transactions through an ordinary resolution. Specifically:

  • Transaction: Sale of Shoes Upper to M/s Focus Energy Limited
  • Transaction value: Not exceeding ₹20 Crore
  • Period: Financial year 2026-27
  • Nature: Ordinary course of business at arm's length prices

Financial Context

  • The company's annual consolidated turnover for FY 2025-26 is ₹27.59 Crores
  • Under SEBI Listing Regulations, any transaction exceeding 10% of annual consolidated turnover (₹2.75 Crores) is considered material
  • The Audit Committee and Board approved these related party transactions at their meetings held on May 30, 2026

Related Party Disclosure

Mr. Narender Kumar Makkar (Director, Company Secretary & CFO) and Mr. Paruvatharayil Mathai Alexander (Director) serve as directors on the Board of Focus Energy Limited, creating the related party relationship.

Shareholder Voting Arrangements

  • Cut-off date for voting eligibility: Wednesday, September 23, 2026
  • Remote e-voting period: Sunday, September 27, 2026 (9:00 AM IST) to Tuesday, September 29, 2026 (5:00 PM IST)
  • E-voting agency: National Securities Depository Limited (NSDL)
  • Scrutinizer: Mr. Anant Mishra, Partner, M/s. Anant & Co., Chartered Accountants
  • Results declaration: Within two working days of AGM conclusion

Document Distribution

  • Notice and Annual Report sent electronically to members whose email addresses are registered as of August 28, 2026
  • Documents available on company website: www.phoenixindia.com
  • Registrar and Share Transfer Agent: Mas Services Limited

Director Information

Mr. Paruvatharayil Mathai Alexander (Age: 71 years, Qualifications: BA) has 46 years of experience in PR and Liaisoning. He holds 14 directorships in other companies including Focus Energy Limited, Phoenix Cement Limited, and Yellow Velley Leasing and Finance Limited. He holds no shares in Phoenix International Limited and attended all 4 board meetings during FY 2025-26.