Clara Industries Ltd

Dematerialisation/rematerialisation requests status

• No requests for dematerialisation or rematerialisation were received during the quarter ended 30 September 2026.

AGM Details

• AGM held on 29 September 2026 at 4:00 PM, physical meeting in Saharanpur, UP.
• Concluded at 5:30 PM.
• Quorum of 12 attendees.
• Observance of MCA and SEBI circulars; Companies Act compliance.

Resolutions proposed

• Resolution 1: adopt audited standalone financial statements for year ended March 31, 2026.
• Resolution 2: re-appoint Jay Gupta & Associates as statutory auditor for five years.
• Resolution 3: re-appoint Parry Kukreja as Managing Director.
• Resolution 4: appoint Geeta Rani as Independent Director for five years.
• Resolution 5: appoint Noor Kukreja as Non-executive Director and Chairperson.
• Resolution 6: take note of appointment of Secretarial Auditor for five years.

Voting status

• Voting results to be disclosed separately; not available in this filing.

Key appointments and terms

• Parry Kukreja reappointed as Managing Director.
• Geeta Rani appointed Independent Director for five-year term.
• Noor Kukreja appointed Non-executive Director and Chairperson.
• Jay Gupta & Associates reappointed as Statutory Auditor for second term.
• Secretarial Auditor appointed for five-year period.

Clara Industries Ltd — Closure of Trading Window from October 01, 2026 until 48 hours after the announcement of Unaudited Standalone Financial Results of the Company for the Quarter & Half Year ending 30th September 2026

Board action

• Board approved unaudited standalone results for quarter ended 30 June 2026 with Limited Review.
• IND-AS not applicable; listed on BSE SME platform.

Financial highlights

• Q1 revenue 404.09; Q1 PAT 23.17 from continuing operations.
• YTD revenue 1,400.27; YTD PAT 180.05; Q1 basic EPS 0.09; YTD EPS 0.74.

Meeting Details

• Date: September 17, 2026; time: not disclosed; venue: Office at Khasra 219, Padli Khushalpur, Saharanpur.

Key Agenda Items

• To consider unaudited financial results for quarter ended June 30, 2026.

Financial snapshot

• Revenue from operations: ₹1,400.27 lakh in FY2025-26.
• Total income: ₹1,433.63 lakh in FY2025-26.
• PBT: ₹240.61 lakh; PAT: ₹180.05 lakh.
• Basic EPS: ₹0.74; Diluted EPS: ₹0.67.
• Total assets: ₹6,276.81 lakh; Shareholders' equity: ₹6,064.65 lakh.
• Equity capital increased to ₹25.67 crore.

Growth & investments

• PP woven sack looms added to strengthen manufacturing base.
• Revenue growth near 30% year-on-year despite capex investments.
• Inventories rose to ₹1,714.39 lakh; WIP to ₹970.66 lakh.
• Investments focused on improving utilization and operating leverage.
• Strategic emphasis on scalable, resilient platform for future profitability.

Capital structure & funding

• Equity share capital rose to ₹25.67 crore (2,56,72,900 shares).
• Money Received Against Share Warrants: ₹359.38 lakh outstanding.
• Preference share capital raised: ₹1,250 lakh.
• Promoter holdings: Nikhil Kukreja 11.69%, Parry Kukreja 29.33%.
• Total promoter holding declined to 41.02% (from 50.94%).

Governance & board

• Board of five directors: MD Parry Kukreja; ED Nikhil Kukreja; Independent Avdesh Kamboj, Man Mohan Singh.
• Geeta Rani appointed as Independent Non-Executive Director.
• Noor Kukreja appointed as Non-Executive Director and Chairperson.
• Ten board meetings held; 100% attendance.
• Statutory Auditor: M/s Jay Gupta & Associates; Secretarial Auditor: M/s Verma Ashish & Co.

Audits & compliance

• Statutory Auditor reappointment recommended for 2026-31.
• Secretarial Audit: No qualifications; report annexed.
• Internal controls deemed adequate; no material weaknesses noted.

CSR and ESG status

• CSR not applicable for FY2025-26; threshold not met.
• ESG focus on resource efficiency, recycling, governance.
• CSR policy exists; governance and environmental initiatives embedded in operations.

Outlook & strategy

• Invest today to build tomorrow; deepen capabilities and expand woven sacks.
• Outlook: packaging demand in India remains positive; focus on utilization and profitability.

AGM Details

• AGM date and time: 29 September 2026 at 4:00 PM.
• Venue: Unit 3, Khasra 219, Padli Khushalpur, Dehradun Road, Saharanpur, UP 247001.
• Business to be transacted as per the AGM notice.

Overall Compliance Status

• Compliance status: All applicable SEBI regulations were complied with during the review period.

Key Non-Compliances

• Key Non-Compliances: No material non-compliances observed.

Remedial Actions

• Remedial Actions: No remedial actions required as there were no non-compliances.

Board and Committee Composition

• Board and Committee Composition: Board and committee structure is compliant; there are no director disqualification issues.

Website and Disclosure Practices

• Website and Disclosure Practices: The website is functional, with timely disclosures and accurate links.

Subsidiary Compliance

• Subsidiary Compliance: No subsidiaries identified during the review period.

Regulatory Actions

• Regulatory Actions: No actions by SEBI or stock exchanges reported.

Special Situations

• Special Situations: No insolvency, liquidation, or exemption status reported.

Dematerialisation status

• No requests for dematerialisation or rematerialisation were received during the quarter.