New Light Industries Ltd

Dematerialisation status

• Dematerialisation requests received during the reporting period were processed and confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository's name updated as registered owner within timeline.

AGM Details

• AGM held on 30 September 2026 at 2:30 PM IST via VC/OAVM; concluded at 3:05 PM.
• Remote e-voting was available from 27 Sept to 29 Sept 2026, with on-venue voting.

Ordinary Resolutions

• Adopt Audited Financial Statements for FY ended 31 March 2026 with the auditors' report.
• Re-appoint director retiring by rotation.
• Appoint Kapish Jain & Associates as Statutory Auditors.

Special Resolution

• Regularize appointment of Managing Director.

New Light Industries Limited trading window closure from 01 October 2026 till the completion of 48 hours after the declaration of the Unaudited Standalone Financial Results for the quarter ended 30 September 2026

AGM & Annual Report communications

• Letters sent to shareholders without registered emails to access the Annual Report via web link.
• AGM scheduled for 30 Sept 2026 at 2:30 PM IST via VC/OAVM.
• Notice of AGM and Annual Report for FY2025-26 sent via email to registered shareholders.
• Web-link and path provided to access Annual Report: Investors tab > Annual Report.
• QR code included to access the Annual Report.
• Annual Report available on the company's website and BSE.
• Requests for physical copy of the Annual Report may be sent to Company/RTA Beetal.
• Process for registering/updating email: physical holders file ISR-1; DP updates for Demat holders.
• SEBI Master Circular 2025 requires updated KYC details to receive dividends electronically.
• Correspondence dates: letter to shareholders dated 09 Sep 2026; AGM notice dated 08 Sep 2026.

AGM and book closure

• Book closure: 24 Sep 2026 to 30 Sep 2026 (inclusive).
• Purpose: to facilitate 31st AGM scheduled on 30 Sep 2026 at 2:30 PM IST.
• AGM venue: via Video Conferencing and Other Audio-Visual Means.
• Remote e-voting period: 27 Sep 2026 09:00 IST to 29 Sep 2026 17:00 IST.
• Record date for eligibility: 23 Sep 2026.
• Event date: AGM on 30 Sep 2026 at 2:30 PM IST.

Financial highlights

• Revenue from operations: 709.04 Lakhs in FY2025-26.
• Total income: 732.93 Lakhs.
• Net profit after tax: 42.12 Lakhs.
• Profit before tax: 56.29 Lakhs; tax expense: 14.17.
• Basic and diluted EPS: 0.048 each.
• Dividend not declared for FY2025-26.
• YoY: revenue fell from 1,724.57 to 709.04.
• YoY net profit fell from 113.99 to 42.12.

Operations & segment

• Single operating segment in apparels.
• Domestic sales 697.93 Lakhs; Export 11.23 Lakhs; Net sales 709.04 Lakhs.
• No subsidiary or joint venture as of 31 March 2026.
• Name changed to New Light Industries Limited in 2025.

Capital structure & liquidity

• Authorised capital Rs 30 crore; paid-up Rs 8.76 crore.
• Cash and cash equivalents Rs 76.57 Lakhs.
• No long-term borrowings; short-term borrowings Rs 0.86.
• Net debt negative due to cash holdings.
• Debt-to-equity ratio 0.001; DSCR 10.30.
• Total assets Rs 1,541.87 Lakhs; equity Rs 1,481.00 Lakhs.

Governance & leadership

• Saurabh Agrawal appointed MD & CFO from 23 Mar 2026.
• Himanshi Sharma resigned as MD & CFO on 23 Mar 2026.
• Sandeep Makkad moved to Non-Executive Director.
• Navneet Kumar appointed Company Secretary from 1 May 2025.
• Board held 9 meetings in FY2025-26; Audit Committee 4 meetings.

Audit & compliance

• Statutory auditors Kapish Jain & Associates appointed 2026-31.
• Outgoing auditors NGMKS & Associates; no qualifications observed.
• Secretarial auditor: Shashank Kumar & Associates.
• Internal auditor: Sahil Gambhir & Associates.
• Governance exemption under SME status; corporate governance report not required.

Related party transactions

• All related party transactions on arm's length basis.
• Remuneration to directors and loans converted into equity; notes in Annexure I.
• RPT policy approved; disclosures in Annexure I.

Material changes & new business plans

• Name change approved; listing updated effective Oct 2025.
• MOA amended to include EVs, electronics, and digital ventures.
• New lines: consumer electronics, EVs, omnichannel retail.

Outlook & risks

• Outlook remains positive; expects more orders.
• Textile sector faces volatility; input costs and logistics risks.
• Make in India, PLI incentives expected to boost growth.

CSR & compliance status

• CSR not applicable for the year 2025-26.
• Secretarial & statutory compliance mechanisms in place; no weaknesses reported.

AGM Details

• Date and time: 30 September 2026, 2:30 PM IST.
• Mode: VC/OAVM.
• Cut-off for e-voting: 23 September 2026.
• Remote e-voting window: 27 September 2026, 9:00 AM to 29 September 2026, 5:00 PM.
• Register of Members/Share Transfer Books closed: 24 Sep–30 Sep 2026 (inclusive).

Resolutions Put to Vote

• Ordinary: Adoption of Audited Financial Statements for FY 2025-26.
• Ordinary: Re-appointment of Suraj Parkash Goel as director, retiring by rotation.
• Ordinary: Appointment of Kapish Jain & Associates as Auditors for five years; remuneration to be fixed by Board.
• Special: Regularize Saurabh Agrawal as Managing Director for one year; remuneration up to Rs 6 Lakh.

Auditors & MD Details

• Auditors: Kapish Jain & Associates to be Statutory Auditors for FY 2026-31.
• Remuneration for auditors to be fixed by Board, per Audit Committee recommendation.
• MD appointment: 1-year term from 23 March 2026.

Directors / Officers Changes

• Suraj Parkash Goel to be re-appointed as Director by rotation.
• Saurabh Agrawal to continue as Managing Director; 1-year term.

Other Information

• Proxies not permitted; voting via remote e-voting and VC/OAVM.
• Record date and voting rights: as on 23 September 2026.
• Notice/AGM links available on company and NSDL sites.

Key Decisions

• Approved FY2025-26 Directors' Report and annexures.
• Issued AGM notice for FY2025-26 with calendar of events.
• Appointed Ms. Mayuri Sinha as Scrutinizer for AGM e-voting.
• Regularized Saurabh Agrawal as Managing Director from 23 Mar 2026 to 22 Mar 2027.
• Appointed Kapish Jain & Associates as Statutory Auditors for 5 years (post-AGM).

Transaction overview

• Target Company: New Light Industries Limited.
• Disclosing Party: Manoj Agrawal, non-promoter.
• Transaction Type: Disposal of 19,26,581 equity shares via Open Market.
• Pre-Transaction Holding: 46,76,469 shares, 5.34% voting rights.
• Transaction Details: 19,26,581 shares sold (2.20%); mode: Open Market.
• Post-Transaction Holding: 3.14% of voting rights.
• Date(s) of Transaction: 17 July 2026 to 27 August 2026.
• Share Capital Context: Equity capital before/after: 8,76,00,150; diluted capital: 8,76,00,150.