Arrowhead Seperation Engineering Ltd

Dematerialisation/Rematerialisation status

• Dematerialisation requests processed and confirmed to depositories.
• Securities dematerialised have been listed on the stock exchange where earlier securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository's name substituted in the register of members.

Arrowhead Separation Engineering Limited — Trading window closes from 1 October 2026 until completion of 48 hours after the unaudited half-year results for the period ended 30 September 2026 are announced for designated persons and their immediate relatives.

AGM details

• AGM held 16 Sep 2026 at 3:00 PM via VC/OAVM; record date 9 Sep 2026.

Resolutions and outcomes

• Ordinary: Adopt audited financial statements for FY ended 31 Mar 2026 — Passed.
• Ordinary: Re-appoint Ajit Mundle by rotation — Passed.
• Special: Approve remuneration of Ajit Mundle (Chairman & MD) — Passed.
• Special: Approve remuneration of Jyoti Mundle (WTD) — Passed.

Voting results

• Total votes in favour: 766,013; 0 against; all resolutions passed.

Director changes

• Ajit Mundle re-appointed by rotation as director.

Remuneration approvals

• Remuneration approved for Ajit Mundle and Jyoti Mundle.

AGM details

• 35th AGM held Sep 16, 2026 at 3:00 PM via VC/OAVM.
• Total attendees: 10 members, including 1 director; 3 independent directors attended.
• Jyoti Mundle did not attend.
• Chairman: Ajit Mundle, MD.
• Remote e-voting ran Sep 12-15, 2026; in-meeting voting available for 15 minutes post-meeting.
• Meeting concluded at 3:35 PM.

Resolutions and voting

• Resolutions were placed to vote via remote e-voting before the meeting.
• There was no voting by show of hands.
• Specific resolution subjects are not listed in the excerpt.
• Results will be announced within 2 working days and posted on company/NSDL/stock exchange websites.

Book closure details

• Book closure from September 9, 2026 to September 15, 2026 (inclusive) for the 35th AGM.
• Meeting date: September 16, 2026 via VC/OAVM.
• Security: shares (register of members and share transfer books) closed.

Financial highlights

• Total Income ₹2,335.81 Lakhs for year ended 31-Mar-2026.
• Net Profit after Tax ₹16.57 Lakhs for year ended 31-Mar-2026.
• EPS Basic ₹0.89; Diluted ₹0.89 per share.
• PBT ₹26.98 Lakhs; Depreciation ₹6.21 Lakhs; Finance costs ₹4.88 Lakhs.
• Expenditure rose 17.22%; income grew 14.14% YoY.
• Dividend: no dividend declared or recommended for FY26.

Operations and products

• Arrowhead designs and manufactures chemical process equipment.
• Based in Mundhegaon, Igatpuri, Nashik; established 1991.
• Products include vacuum and rotary dryers, paddle dryers.
• Exporter and trader of continuous drying equipment.

Dividend & capital allocation

• Dividend not recommended for FY26.
• Paid-up capital ₹1.871 crore; authorised ₹2.0 crore.
• Capital expenditure ₹17.31 Lakhs on fixed assets.
• IEPF: no amount due.

Governance & compliance

• Board includes Ajit Mundle (MD) and Jyoti Mundle (WTD).
• Audit Committee met 3 times in FY26.
• Statutory auditor: B.B. Gusani & Associates.
• Secretarial auditor: JNG & Co.
• POSH policy: zero complaints FY26.

Outlook and risks

• Outlook: shift to higher value-add, tech-enabled equipment.
• Risks: regulatory changes, competition, cyber threats, rapid tech evolution.
• Cost optimization to restore profitability.

Internal controls and compliance framework

• Internal controls adequate and effective; Audit Committee oversight.
• DGMS & Co. conducts half-yearly internal audits.
• Secretarial audit: Annexure II; no qualifications.
• CSR not applicable.

Key ratios and liquidity

• Current ratio 2.74; Debt-Equity ratio 0.32.
• Inventory turnover 2.09; Trade receivable turnover 2.31; Trade payable turnover 8.75.
• Revenue growth 14.14% YoY.

AGM Details

• Date/time/mode: 16 September 2026, 03:00 PM IST, via VC/OAVM.
• Deemed venue: registered office.
• Books/Record closure: 09–15 September 2026.

Resolutions

• Ordinary Business: Adoption of Audited Financial Statements and reports.
• Ordinary Business: Re-appointment of Ajit Mundle by rotation.
• Special Resolution: Remuneration to Ajit Mundle up to Rs 1.5 crore.
• Special Resolution: Remuneration to Jyoti Mundle up to Rs 1.5 crore.

Director Changes

• Ajit Mundle retires by rotation; re-appointment proposed.
• Jyoti Mundle continues as Whole-time Director.

Remuneration & AGM actions

• Remuneration of Ajit Mundle as Chairman & Managing Director approved, subject to shareholders' approval.
• Remuneration of Jyoti Mundle as Whole Time Director approved, subject to shareholders' approval.
• Draft Board Report for FY 2025-26 approved.
• MD&A for FY 2025-26 approved.
• Appointed M/s JNG & CO. LLP as Scrutinizer for 35th AGM.
• Draft notice for 35th AGM fixed with date, time and place.

Dematerialisation processing status

• RTA confirmed processing all dematerialisation requests received in the quarter ended 30 June 2026.
• Securities dematerialised have been listed on the stock exchange where the earlier issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within prescribed time.