Date: 14.07.2026
Board Meeting Outcomes
The Board of Directors meeting held on Tuesday, 14th July, 2026 from 11:30 a.m. to 04:00 p.m. approved the following:
- Unaudited Financial Results for Q1 FY27 ended 30th June, 2026
- Re-appointment of Mr. Sushil Kumar Agrawal as Managing Director
- Re-appointment of Mr. Karan Agrawal as Whole-time Director
- 16th Annual General Meeting on 3rd September, 2026 at 11:30 a.m. through VC/OAVM
- Cut-off date of 27th August, 2026 for shareholder voting eligibility
- Cut-off date of 27th August, 2026 for final dividend eligibility
- Revised "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information"
- Revised "Policy and procedures for inquiry in case of leak/Suspected Leak of Unpublished price sensitive information"
- Appointment of Mr. Devansh Agrawal as Vice-President Business Development
Financial Results (Standalone & Consolidated)
Standalone Results (Amount in Lacs):
Quarter Ended 30th June 2026 (Unaudited)
- Revenue from Operations: ₹26,214.09
- Other Income: ₹89.85
- Total Income: ₹26,303.94
- Total Expenses: ₹24,405.14
- Profit Before Tax: ₹1,898.80
- Current Tax: ₹471.00
- Deferred Tax: ₹11.58
- Net Profit for Period: ₹1,416.22
- Total Comprehensive Income: ₹1,416.22
- Paid-up Equity Share Capital: ₹1,066.34
- Basic EPS: ₹1.34
- Diluted EPS: ₹1.32
Comparative Standalone Figures:
- Q1 FY26 (30th June 2025): Revenue ₹24,978.48, Net Profit ₹1,410.08
- FY26 (31st March 2026): Revenue ₹88,446.42, Net Profit ₹4,097.15
Consolidated Results (Amount in Lacs):
Quarter Ended 30th June 2026 (Unaudited)
- Revenue from Operations: ₹26,214.09
- Other Income: ₹92.54
- Total Income: ₹26,306.63
- Total Expenses: ₹24,414.08
- Profit Before Tax: ₹1,892.55
- Current Tax: ₹471.00
- Deferred Tax: ₹11.58
- Net Profit for Period: ₹1,409.97
- Total Comprehensive Income: ₹1,406.62
- Paid-up Equity Share Capital: ₹1,066.34
- Basic EPS: ₹1.33
- Diluted EPS: ₹1.32
Subsidiaries included in consolidation: JPA Snacks Pvt Ltd and Manaksia International FZE
Company's share of subsidiary revenue: ₹2.69 lakhs
Company's share of subsidiary net loss: ₹6.25 lakhs
KMP / Board Changes
Re-appointment of Managing Director:
- Mr. Sushil Kumar Agrawal (DIN: 00091793)
- Re-appointed as Managing Director for 3 years effective 23rd November, 2026
- Commerce Graduate and Diploma holder in Management from IIM Bangalore
- Wide experience in business management and marketing of coated metals products
- Relationship: Father of Mr. Karan Agrawal
- Liable to retire by rotation
Re-appointment of Whole-time Director:
- Mr. Karan Agrawal (DIN: 05348309)
- Re-appointed as Whole-time Director for 3 years effective 17th November, 2026
- Commerce Graduate with wide experience in overall business management, manufacturing, and factory administration
- Expertise in household insecticides and coated metals operations
- Relationship: Son of Mr. Sushil Kumar Agrawal
- Liable to retire by rotation
New Appointment:
- Mr. Devansh Agrawal appointed as Vice-President Business Development
- Remuneration: ₹8,00,000 per month effective 1st July, 2026
- Appointment subject to shareholder approval at ensuing AGM
Dividend Declaration
- Cut-off date approved as 27th August, 2026 for final dividend eligibility
- Dividend payment subject to approval at 16th AGM on 3rd September, 2026
Other Operational Disclosures
- Segment reporting as per Ind AS 108 not applicable for current quarter
- Company had previously identified two operating segments: Metal Products and Other Products (Mosquito Repellent Coils, Robin Blue, etc.)
- Preferential allotment details: 2,07,00,000 warrants issued to Promoter and Non-Promoter groups
- Warrant conversion price: ₹16.25 per warrant (₹1 face value + ₹64 premium)
- Multiple warrant conversions completed between May 2025 and June 2026
Corporate Governance
- Revised insider trading policies adopted in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015
- All directors confirmed not debarred from holding office per SEBI orders