Ganon Products Ltd

Dematerialisation status

• Dematerialisation requests processed during the quarter.
• Securities dematerialised listed on the relevant stock exchanges.
• Physical certificates were mutilated and cancelled after verification; depository name updated as registered owner.

Disposal by Kamla Business Ventures LLP

• Target Company: Ganon Products Limited.
• Disclosing party: Kamla Business Ventures LLP (promoter group).
• Transaction type: Disposal of equity shares.
• Pre-transaction holding: 554869 shares (5.93%), encumbrances Nil.
• Shares disposed: 87743 shares (0.93%) via Open Market sale of equity shares.
• Post-transaction holding: 467126 shares (4.99%), encumbrances Nil.
• Date of transaction: 12.10.2026.
• Capital context: before and after 9,33,10,000; diluted 9,33,10,000.

Ganon Products Ltd – Trading Window closed from 1st October, 2026 and shall re-open after expiry of 48 hours after the declaration of unaudited Financial Results for the second quarter and half year ended on 30th September, 2026

Disposal under Reg. 29(2) by promoter seller

• Target Company: Ganon Products Limited.
• Disclosing Party: Kamla Business Ventures LLP (Promoter group).
• Transaction Type: Disposal of 40,000 equity shares.
• Pre-Transaction: 690,372 voting rights (7.38%), encumbrance Nil.
• Transaction: 40,000 shares sold (0.43%).
• Mode: Open Market sale.
• Post-Transaction: 650,372 voting rights (6.95%).
• Date of sale: 08.09.2026.
• Equity capital before/after: 93,310,000; diluted capital: 93,310,000.

Transaction details

• Target Company: Ganon Products Limited.
• Disclosing Party: Kamla Business Ventures LLP (promoter group, seller).
• Transaction Type: Disposal of 47,597 equity shares.
• Pre-Transaction Holding: 737,969 shares (7.89%), encumbrances Nil.
• Transaction Details: Sold 47,597 shares (0.51%); equity; Open Market sale on 27.08.2026.
• Post-Transaction Holding: 690,372 shares (7.38%).
• Date(s) of Transaction: 27.08.2026.
• Share Capital Context: Before/After: 9,33,10,000; Diluted: 9,33,10,000.

Financial performance

• Gross Operating Income declined to 672.25 Lakhs in FY2025-26 from 1,707.35.
• Total Income fell to 712.36 Lakhs from 1,894.38.
• Net Profit After Tax rose to 52.35 Lakhs from 4.36.
• EPS improved to 0.56 from 0.05.
• Dividend declared for FY2025-26: none.
• Paid-up equity capital at 933.10 Lakhs across 93,31,000 shares.
• Unsecured loans surged to 1200.81 Lakhs from 166.38.
• Trade receivables stood at 499.13 Lakhs as of 31-03-2026.
• Total assets rose to 3,857.03 Lakhs; total equity 1,154.89 Lakhs.

Capital structure & liquidity

• Non-current borrowings totaled 1,099.75 Lakhs; total debt equal.
• Gearing ratio 95.22%.
• Book closure 24-30 September 2026.
• Cash and cash equivalents totaled 8.62 Lakhs.
• Trade payable 83.57 Lakhs as at 31-03-2026.
• Promoter holding 16.38% as of 31-03-2026.
• Ganon has not issued GDRs/ADRs.

Operations & business model

• Single primary segment: Digital Lights for Cinematography, Videography and Photography.
• Two secondary segments by geography: domestic and exports.
• Pan-India dealer network; active in industry exhibitions.
• No subsidiaries, joint ventures, or associates.
• Inventories: zero; receivables form core asset.
• Trade receivables aging: 79.47 Lakhs outstanding >6 months (Emphasis of Matter).
• Advance for Land: 120.00 Lakhs; asset on balance sheet.
• Total loans to group/associates: 3229.30 Lakhs; Shivam Investment 1867.32 Lakhs.

Governance & leadership

• Ms. Rashmi Ranjeet Kunar appointed Independent Director w.e.f 03 Sep 2025.
• Ms. Priya Goyal appointed Company Secretary & Compliance Officer w.e.f 01 Jul 2025.
• Mr. Madanlal Goyal resigned as Chairman & Director w.e.f 27 Feb 2026.
• Mr. Anand Mahadevan resigned as Independent Director w.e.f 10 Aug 2026.
• Eight Board meetings held in 2025-26; max gap 120 days.
• Audit Committee comprised 4 members; various meetings held.
• Secretarial Audit by HRU & Associates; MR-3; observations addressed.

Audit, controls & risk

• Independent Auditor's Report emphasizes trade receivable ageing; 79.47 Lakhs >6 months.
• Internal audit system not present; management to address.
• No fraud reported; no whistle-blower complaints.
• Adequate internal financial controls; no material weaknesses observed.

AGM, shareholding & disclosures

• 41st AGM on 30 September 2026 at 4.00 PM via VC/OAVM.
• Remote e-voting from 27-29 September 2026; cut-off 23 September 2026.
• Shareholding pattern: Promoters 16.38%; top holders Kamla Business Venture LLP 12.20%.
• Book closure from 24 to 30 September 2026.
• PAN and demat requirements for shareholders; RTA for physical holders.

AGM Details

• AGM scheduled for 30 September 2026 at 04:00 PM.
• Cut-off date for voting: 23 September 2026.
• Book closure from 24 September 2026 to 30 September 2026 (inclusive).
• E-voting opens 27 September 2026 at 09:00 AM.
• E-voting closes 29 September 2026 at 05:00 PM.

AGM Details

• 41st AGM on Wednesday, 30 September 2026 at 04:00 PM.
• Mode: VC/OAVM as per MCA/SEBI guidelines.
• Deemed venue: Registered office of the company.
• Record/Book closure: 24 Sep 2026 to 30 Sep 2026 (inclusive).

Ordinary Business

• Adopt Audited financial statements and reports for year ended 31 Mar 2026.
• Re-appoint Ravindra Gopale as Director, retiring by rotation.

Key Decisions

• Approved Director's Report and annexures for FY 2025-26.
• Draft Notice for the 41st AGM via VC/OAVM approved.
• Re-appointment of Ravindra Gopale as Director retiring by rotation.
• Approved Secretarial Audit Report for FY 2025-26.
• Appointment of M/s HRU & Associates as Scrutinizer for AGM.
• Appointment of NSDL for e-voting facility for AGM.

Governance change

• Independent Director Anand Mahadevan resigned from Ganon Products Ltd, effective 10 August 2026.
• Board noted the resignation at its meeting on 11 August 2026.