New Swan Multitech Ltd

Dematerialisation status

• No dematerialisation/rematerialisation requests were received in the period.
• Entire holding is in demat form; regulation not applicable.

AGM Details

• Date: 30 September 2026; Time: 3:00 PM; Mode: VC/OAVM.
• Remote e-voting: 27 Sep 2026, 09:00 to 29 Sep 2026, 17:00.
• Cut-off date for voting: 23 September 2026.

Ordinary Business

• Adopt Audited Financial Statements for year ended 31 March 2026.
• Declare Final Dividend 5% (Rs 0.50 per share).
• Confirm re-appointment of Mrs. Manmeet Kaur, director.

Special Business

• Ratify Cost Auditor’s remuneration for FY 2026-2027.
• Re-appoint Barunpreet Singh Ahuja as Whole-Time Director for five years.
• Approve Material Related Party Transactions with M/s New Swan Enterprise.
• Alter Articles of Association to include dividend waiver clause.

Voting and Results

• E-voting results and Scrutinizer's report to be announced within 2 working days.

New Swan Multitech Limited — Trading Window closes from 01 October 2026 until the end of 48 hours after the declaration of unaudited financial results for the half-year ending 30 September 2026 become generally available.

Meeting Details

• Board meeting scheduled for 05 September 2026 at 11:30 IST; location not disclosed.

Key Agenda Items

• Recommend final dividend on equity shares (Rs 10) subject to AGM approval; approve Director’s Report for FY 2025-2026.
• Convene 12th AGM; fix date/time/venue/mode; appoint Scrutinizer for remote e-voting.
• Fix Record Date for voting and final dividend, subject to AGM approval.
• Re-appoint Barunpreet Singh Ahuja as Whole-Time Director for 5 years; appoint Internal Auditors M/s NCLS & Associates.
• Amend AoA; approve Material Related Party Transactions with New Swan Enterprise, subject to AGM approval.
• To transact such other business with permission of the Chair.

Other Notes

• All agenda items subject to shareholders' approvals at AGM.

Business Overview

• Diversified engineering platform serving automotive components and Swan Agro farming equipment.
• Two manufacturing facilities in Punjab and Gujarat; pan-India presence in 19 states.
• FY26 PAT ₹9.6 Cr; net worth ₹88.4 Cr; revenue ₹177.2 Cr.
• Automotive components and Swan Agro form two engine pillars for growth.

Operational Highlights

• FY27 growth strategy focuses on dealer expansion, capacity utilization, and OEM relationships.
• Gujarat plant ~80% and Punjab plant ~60% capacity utilization; headroom for scale.
• Vithlapur plant expansion and other sites planned to support growth.
• Exports to Russia and Cameroon; selective international expansion planned.
• New HMSI motorcycle line at NSMLV; potential higher component demand.
• 250+ dealers; 300+ SKUs; pan-India distribution.
• FY26 revenue growth 10.9% YoY.

Financial Performance

• FY26 revenue 177.2 Cr; YoY growth 10.9%; EBITDA 22.1 Cr; PAT 9.6 Cr.
• EBITDA margin 12.4%; ROE 11.3% in FY26.
• PAT declined 16.8% YoY to ₹9.6 Cr despite revenue growth.
• CFO negative ₹19.6 Cr due to seasonal inventory build; normalization expected.
• Inventory ₹77.8 Cr; average inventory days ~125; normalized 55-60 days.

Capital Structure & Liquidity

• Debt profile: gross ₹37.3 Cr; net debt ₹35.2 Cr; cash ₹2.1 Cr.
• Cost of debt ~11%.
• Deleveraging plan: target D/E below 0.50x; strengthen balance sheet via internal accruals.
• Inventory build temporarily affected cash flow; cash flow expected to improve as inventories normalize.

Strategic Priorities & Outlook

• FY26 as a margin-transition year; management expects margin recovery in FY27 and beyond.
• Recovery levers: better procurement, more OEM orders, operating leverage, higher capacity utilization.
• Lowering cost through product mix shift, lean operations, and capex-driven scale.
• Exports selectively expanding opportunities; potential international market growth.

Risks & Mitigation

• Rising input costs and mix shift to lower-margin products pressure margins.
• Mitigations: stronger vendor negotiations, backward integration, higher-margin product mix.
• Capacity ramp-up costs and one-time expenses; margin improvement expected as expansion stabilizes.

Governance & Leadership

• Leadership team includes Upkar Singh Ahuja (MD), Kanwardeep Singh (Technical Director), Barunpreet Singh (Executive Director).

Cancellation details

• Original date: 21 August 2026 at 11:30 IST.
• Meeting cancelled due to unavoidable reasons.

Meeting Details

• Date: 21 August 2026; Time: 11:30 AM IST; Location: not disclosed.

Key Agenda Items

• Interim dividend on equity shares for FY 2026-27 to be considered.

Other Notes

• Trading window closure period not specified.

Dematerialisation status

• No dematerialisation/rematerialisation requests were received in the reporting quarter.
• Regulation 74(5) not applicable; entire holding is in demat form.