AGM Details

  • Date and Time: Friday, 3rd July 2026 at 11:00 AM IST
  • Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
  • E-voting Event Number (EVEN): 139482
  • Cut-off date for e-Voting: Friday, 26th June 2026
  • E-voting period: Tuesday, 30th June 2026 (9:00 AM) to Thursday, 2nd July 2026 (5:00 PM)
  • Record Date for Dividend: Thursday, 11th June 2026
  • Dividend Payment Date: On or before 1st August 2026

Dividend Declaration

  • Final dividend recommended: ₹3 (Rupees Three only) per equity share for FY 2025-26
  • Aggregate dividend amount: ₹263.85 lakhs
  • Dividend payable within stipulated statutory period if declared at AGM

Financial Performance Summary (₹ in Lakhs)

| Particulars | 2025-26 | 2024-25 | Growth |

| Gross Sales | 44,091 | 36,579 | 20.54% |

| Net Sales | 44,091 | 36,579 | 20.54% |

| Other Income | 307 | 315 | (2.54%) |

| Material Consumed | 32,546 | 27,063 | 20.26% |

| Employee Benefits Expense | 1,967 | 1,908 | 3.09% |

| Finance Costs | 503 | 910 | (44.73%) |

| Depreciation & Amortization | 1,071 | 977 | 9.62% |

| Profit Before Tax | 3,956 | 1,805 | 119.17% |

| Total Comprehensive Income | 2,982 | 1,438 | 107.37% |

| EPS (Basic & Diluted) | 37.15 | 19.83 | 87.34% |

Rights Issue Details

  • Issue Size: ₹12,990.41 lakhs
  • Entitlement Ratio: 10 Rights Equity Shares for every 51 fully paid-up Equity Shares
  • Number of Shares Allotted: 14,41,776 shares
  • Allotment Date: 27th October 2025
  • Issue Price: ₹901 per share (including premium of ₹891 per share)
  • Objects: Repayment/prepayment of borrowings and general corporate purposes
  • Utilization: ₹5,788.23 lakhs for term loans, ₹3,975.42 lakhs for working capital loans, ₹3,087.80 lakhs for general corporate purposes

Business Operations Overview

  • Industry: Specialty chemicals
  • Main Products: THEIC, Ethoxylates & Propoxylates, Antioxidants, HQEE, BC 700
  • End-use Applications: Metal treatment, wire enamels, PVC stabilizers, inks and coatings, agrochemicals, home and personal care
  • Export Markets: Americas, Europe, Far East
  • Revenue Breakdown:
  • Domestic: ₹36,285 lakhs (22.92% growth)
  • Exports: ₹5,985 lakhs (2.37% decline)
  • Traded: ₹1,729 lakhs (102.93% growth)

Board and Committee Composition

Directors as on 31st March 2026:

1. Dr. Maya Parihar Malhotra - Non-Executive Chairperson and Woman Director

2. Mr. Cyrus Poonevala - Non-Executive Independent Director

3. Prof. Aniruddha Pandit - Non-Executive Independent Director

4. Mr. Mukesh Malhotra - Non-Executive Independent Director

5. Mr. Jeet Malhotra - Managing Director & CEO

6. Dr. Anand Parihar - Non-Executive Director

Key Managerial Personnel:

  • Mr. Jeet Malhotra - Managing Director & CEO
  • Mr. Ashish Agarwal - Chief Financial Officer
  • Mr. Amit Kumashi - Company Secretary & Compliance Officer

Committee Memberships:

  • Audit Committee: Mr. Mukesh Malhotra (Chairman), Mr. Cyrus Poonevala, Dr. Maya Parihar Malhotra
  • Nomination & Remuneration Committee: Mr. Mukesh Malhotra (Chairman), Mr. Cyrus Poonevala, Dr. Maya Parihar Malhotra
  • Stakeholders Relationship Committee: Mr. Mukesh Malhotra (Chairman), Mr. Cyrus Poonevala, Mr. Jeet Malhotra

AGM Agenda Items

Ordinary Business

1. Adoption of audited financial statements for FY ended 31st March 2026

2. Declaration of final dividend of ₹3 per equity share

3. Re-appointment of Dr. Anand Parihar (DIN: 00513109) as director liable to retire by rotation

Special Business

4. Ratification of remuneration of ₹3,00,000 plus applicable tax to M/s Kishore Bhatia & Associates as Cost Auditors for FY 2026-27

5. Reappointment of Mr. Cyrus Poonevala (DIN: 09420865) as Independent Director for second term from 15th January 2027 to 14th January 2032

Auditor Appointments

  • Statutory Auditors: M/s. CNK & Associates LLP (until conclusion of 41st AGM in 2028)
  • Cost Auditors: M/s. Kishore Bhatia & Associates for FY 2026-27 (remuneration ₹3,00,000 + taxes)
  • Secretarial Auditors: M/s. Naithani & Shetty Associates (until conclusion of 43rd AGM in 2030)
  • Internal Auditors: M/s. Nikhil Narkar & Associates

Capital Structure Changes

  • Paid-up Equity Share Capital: ₹879.48 lakhs (87,94,836 equity shares of ₹10 each)
  • Increase during FY26: 14,41,776 shares issued via rights issue
  • Promoter Holding: Indus Petrochem Limited holds 62.36% (54,84,493 shares)

Key Financial Ratios

| Ratio | 2025-26 | 2024-25 | Change |

| Return on Equity | 17.02% | 16.40% | 3.80% |

| Inventory Turnover | 8.10 | 7.29 | 11.05% |

| Trade Receivable Turnover | 6.53 | 6.53 | - |

| Net Profit Ratio | 6.71% | 3.99% | 68.41% |

| Return on Capital Employed | 17.06% | 13.29% | 28.36% |

Contingent Liabilities (₹ in Lakhs)

  • Sales Tax Matters: ₹332.57
  • Income Tax Matters: ₹16.80
  • Customs Matters: ₹1,245.93
  • Other Receivables: ₹66.77

Corporate Social Responsibility

  • CSR Expenditure FY26: ₹43.35 lakhs (against requirement of ₹43.10 lakhs)
  • Focus Areas: Promotion of sports, environmental sustainability, rural development, health and hygiene
  • CSR Policy: Available on company website

Employee Statistics

  • Total Employees: 214 as on 31st March 2026
  • Median Remuneration: ₹5,32,643 per annum
  • Average Salary Increase: 3%
  • Sexual Harassment Complaints: Nil during FY25-26

Registered Office and Contacts

  • Plant Location: Village Rasal, Vave, Pali-Khopoli Road, Tal. Sudhagad, Dist. Raigad, Maharashtra
  • Registrar & Share Transfer Agent: MUFG Intime India Private Limited, Mumbai
  • Investor Email: investorservices@sunshieldchemicals.com