Emmbi Industries Ltd

Committee reconstitution

• Board approved reconstitution of Audit, Nomination and Remuneration, Stakeholders Relationship, and CSR committees.
• Circular Resolution passed on 14 October 2026 authorizing the changes.
• Audit Committee: Nitin Alshi (Chairman, NED); Rinku Appalwar (Member, ED & CFO); Nimesh Mehta; Lalit Shah; Anuj Choksey.
• Nomination and Remuneration Committee: Nimesh Mehta (Chairman); Nitin Alshi; Lalit Shah; Anuj Choksey.
• Stakeholders Relationship Committee: Lalit Shah (Chairman); Rinku Appalwar (Member, ED & CFO); Nitin Alshi; Nimesh Mehta; Anuj Choksey.
• CSR Committee: Lalit Shah (Chairman); Rinku Appalwar (Member, ED & CFO); Nitin Alshi; Nimesh Mehta; Anuj Choksey.

Emmbi Industries Ltd: Trading Window Closure from Oct 01, 2026 until 48 hours after the declaration of Un-Audited Financial Results for the quarter and half year ended Sep 30, 2026

Appointment: Anuj Choksey

• Appointed as Non-Executive Independent Director for a 3-year term from 14 Aug 2026 to 13 Aug 2029.

Appointment: Maithili Makrand Appalwar

• Appointed as Executive Director, liable to retire by rotation, effective 14 Aug 2026.

Appointment: Yash Ravi Punjabi

• Appointed as Executive Director, liable to retire by rotation, effective 14 Aug 2026.

Director/KMP changes

• Appointment of Mr. Anuj Choksey as Non-Executive Independent Director, not liable to retire by rotation, for 3-year term.
• Appointment of Ms. Maithili Makrand Appalwar as Executive Director, liable to retire by rotation.
• Appointment of Mr. Yash Ravi Punjabi as Executive Director, liable to retire by rotation.
• All appointed directors are not debarred or disqualified by SEBI or other authorities.
• Maithili Appalwar is daughter of Makrand Appalwar (Chairman/MD) and Rinku Appalwar (Executive Director & CFO).
• Yash Punjabi is spouse of Maithili Appalwar.
• Effective from Aug 14, 2026.
• The appointments were approved at the 32nd AGM held on Sep 23, 2026.

AGM Details

• Date, time, mode: 23 September 2026 at 11:30 AM IST, via VC/OAVM.
• AGM duration: 11:30 AM to 12:23 PM IST.
• Venue deemed at the Company’s registered office; conducted through NSDL VC/OAVM.

Key Resolutions

• Adopt standalone and consolidated audited financial statements for FY ending 31 March 2026.
• Declare dividend of Rs. 0.30 per equity share for FY 2025-26.
• Re-appoint Mrs. Rinku M Appalwar as director by rotation.
• Ratify remuneration payable to cost auditor for FY 2026-2027.
• Appoint Anuj Choksey as Non-Executive Independent Director.
• Appoint Maithili Makrand Appalwar as Executive Director; approve terms and remuneration.
• Appoint Yash Ravi Punjabi as Executive Director; approve terms and remuneration.
• Approve remuneration to promoter-group Executive Directors in excess of threshold limits.

Voting Results

• Voting results not disclosed in the summary; combined results to be announced and posted on the website.
• Notices and statements indicate results to be declared within prescribed timelines.

Director Changes

• Re-appointment of Mrs. Rinku M Appalwar as Director by rotation.

Auditor Approvals

• Remuneration for Cost Auditor for FY 2026-2027 is to be ratified.

Financial performance

• Standalone net revenue: Rs 4,536.56 crore for FY2025-26.
• EBITDA: Rs 43.80 crore; margin 9.65%.
• PAT: Rs 8.11 crore; Basic EPS Rs 4.22.
• Gross margin expanded to 42.4%.
• Export sales Rs 341.60 crore; export share 64.4% of gross revenue.
• Export growth: 27.3% YoY; domestic revenue Rs 188.92 crore; down 8%.

Operations and geography

• Exports spanned 70+ countries; USA/Canada accounted for 57% of export mix; Europe 16%, UK 14%.
• Cumulative capacity: 31,032 MTPA; capacity utilization ~80.11%.
• Avana Water Conservation has saved over 13 million litres of water.
• Avana Drip irrigation launched; expected to contribute in FY2026-27.
• Domestic B2B demand remained subdued; value-added packaging helped mitigate downside.

Capital structure and dividends

• Paid-up equity capital after warrant conversion: Rs 192.40 crore (19,240,250 shares).
• Final dividend of Rs 0.30 per equity share proposed; payable by Oct 22, 2026.
• Warrants converted: 766,667; promoter group holdings adjusted; equity capital increased.
• Promoters hold 19.96% (Makrand Appalwar); Kitec 8.76%; Rinku Appalwar 12.31% (as of 31-Mar-2026).

Board and governance changes

• Anuj Choksey appointed as Non-Executive Independent Director; term 3 years from Aug 14, 2026.
• Maithili Makrand Appalwar appointed Executive Director with remuneration Rs 5,75,000/month from Aug 14, 2026.
• Yash Ravi Punjabi appointed Executive Director with remuneration Rs 5,98,000/month from Aug 14, 2026.
• New Company Secretary: Mahipal Singh Chouhan appointed Nov 24, 2025.
• Earlier CS changes: Rajesh Solanki resigned May 24, 2025; Mohit Dubey served mid-2025.

Audits and governance flags

• Statutory auditors: M/s. R. Daliya & Associates; Secretarial auditors: M/s. Sanjay Dholakia & Associates.
• Auditors’ reports in both standalone and consolidated financials carry unmodified opinions.
• Internal controls over financial reporting assessed as adequate; no material weaknesses reported.
• No significant non-compliances with SEBI/LSE requirements observed.

CSR and ESG

• CSR obligation: Rs 0.99 crore; actual expenditure: Rs 3.81 crore; shortfall Rs 2.82 crore carried forward.
• CSR activities include health, education, women empowerment, water conservation.
• CSR committee: 4 members; 1 Executive Director; 3 Independent Directors.
• Impact: CSR initiatives in rural areas around Silvassa; 150+ lives impacted.

Subsidiaries and consolidation

• Subsidiaries: Zastian PTE Ltd (Singapore) and Zastian Europe GmbH (Germany), each 100% owned.
• Consolidated financial statements include these subsidiaries; Form AOC-1 attached.
• No material subsidiaries other than these; group reporting disclosed.

Regulatory and corrigendum notes

• Corrigendum to AGM Notice and Annual Report issued to correct typographical/inadvertent disclosures; non-material.
• Corrigendum forms part of AGM documents; updated Annual Report available on emmbi.com.

Book closure details

• The Register of Members and Share Transfer Register will be closed 17–23 September 2026 for the AGM.

AGM notice and annual report access

• 32nd AGM scheduled for 23 September 2026 at 11:30 IST via VC/OAVM.
• Annual Report FY2025-26 accessible online; notices sent to registered emails.
• Letters dispatched to unregistered addresses with web-link to Annual Report.