Shivagrico Implements Ltd

Dematerialisation processing status

• Dematerialisation requests received were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchange where earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner within the prescribed timeline.

Shivagrico Implements Ltd - trading window closure notice

AGM Details

• Date: 20 August 2026; Time: 11:00 AM; Mode: VC/OAVM.
• Cut-off date for voting: 13 August 2026.
• Remote voting window: 17-19 August 2026.

Key resolutions and outcomes

• Adoption of Audited Financial Statements for the year; ordinary; passed.
• Re-appointment of the rotating director; ordinary; passed.
• Re-appointment of Managing Director for three-year term; ordinary; passed.
• Appointment of a Non-Executive Director; special; passed.
• Appointment of an Independent Director; special; passed.
• Appointment of another Independent Director; special; passed.

Dividend

• No dividend proposed or declared.

Director Changes

• Rotating director re-appointed; MD appointed for three years; two independent directors appointed.

Auditor & Related Approvals

• No changes to auditors or material related-party transactions disclosed.

Other Material Approvals

• No other material approvals disclosed.

AGM details

• Date: 20 August 2026; Time: 11:00 AM; Mode: VC/OAVM.
• Quorum: 28 attendees representing equity shares.
• Remote e-voting facility provided; results to be announced.

Key resolutions

• Adopt audited financial statements for year ended 31 March 2026.
• Re-appoint director by rotation (DIN 00194870) eligible for re-appointment.
• Re-appoint Vimalchand Jain as Managing Director for three years.

Voting outcomes

• Adoption of financial statements: results not disclosed in filing.
• Rotation director re-appointment: results to be declared by 21 August 2026.
• MD re-appointment: results to be declared by 21 August 2026.

Director changes

• MD re-appointment indicates ongoing governance action.
• Other director changes not disclosed in this filing.

Financials & KPIs

• Quarter ended 30/06/2026: total income from operations ₹1,172.41 Lakh; net sales ₹1,163.59 Lakh; other operating income ₹8.82 Lakh.
• Geography: India ₹943.06 Lakh; Overseas ₹220.53 Lakh; Total ₹1,163.59 Lakh.
• Expenses ₹935.49 Lakh; major items: materials ₹640.31 Lakh; inventories ₹96.24 Lakh; manufacturing ₹160.20 Lakh; employee benefits ₹138.69 Lakh; finance costs ₹26.03 Lakh; depreciation ₹47.17 Lakh; other expenditure ₹54.54 Lakh.
• PBT before tax ₹7.71 Lakh; tax ₹12.84 Lakh; PAT ₹1.62 Lakh.
• Earnings per share (basic/diluted) ₹0.12 for the quarter.
• Paid-up equity share capital ₹501.36 Lakh.
• Auditor: Ambavat Jain & Associates; Limited Review indicates no material misstatement; report dated 12-Aug-2026.
• Single operating segment; revenue split by geography only.

AGM Details

• Date and time: 20 August 2026 at 11:00 AM.

Key Resolutions

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Re-appointment of retiring director by rotation.
• Re-appointment of Mr. Vimalran Jain as Managing Director for three years.
• Appointment of Mr. Vinit Ranarat as Non-Executive Non-Independent Director.
• Appointment of Mr. Arvind Joshi as Non-Executive Independent Director.
• Appointment of Mrs Kavita Jain as Non-Executive Independent Director.

Director Changes

• MD appointment and additional directors; independence-focused appointments.

Book closure details

• Book closure from 17 August 2026 to 20 August 2026 (inclusive) for taking record of members for AGM.
• Purpose: to record members for the AGM on 20 August 2026.
• Security type: equity shares.
• Event date: AGM scheduled for 20 August 2026.

AGM details

• Date, time and mode: 20 August 2026 at 11:00 AM via VC/OAVM.
• Book closure: 17 August to 20 August 2026 (inclusive).

Resolutions put to vote

• Ordinary: adopt Audited financial statements for the year ended 31 March 2026.
• Ordinary: re-appoint Hemant Ranawat as director by rotation.
• Special: re-appoint Vimalchand Jain as Managing Director for three years (14 Aug 2026–13 Aug 2029) without remuneration.
• Ordinary: appoint Vinit Ranawat as Non-Executive Non-Independent Director, liable to retire by rotation.
• Special: appoint Arvind Kumar Joshi as Non-Executive Independent Director for five years (26 Feb 2026–25 Feb 2031).
• Special: appoint Kavita Rakesh Jain as Non-Executive Independent Director for five years (26 Feb 2026–25 Feb 2031).

Dividend

• No dividend proposed or declared for the year.

Director changes

• Hemant Ranawat retires by rotation; offers himself for re-appointment.
• Vimalchand Jain re-appointed as Managing Director for three years (14 Aug 2026–13 Aug 2029) with no remuneration.
• Vinit Ranawat appointed Non-Executive Non-Independent Director, liable to retire by rotation (appointed 12 Aug 2025).
• Arvind Kumar Joshi appointed Non-Executive Independent Director for five years from 26 Feb 2026.
• Kavita Rakesh Jain appointed Non-Executive Independent Director for five years from 26 Feb 2026.

Financial highlights

• Total income 4,756.04 lakhs, up 9.32% year-on-year.
• Revenue from operations 4,718.06 lakhs; PBIDT 329.25 lakhs.
• Profit before tax 69.29 lakhs; tax 30.69 lakhs; PAT 38.60 lakhs.
• Earnings per share 0.77; dividend not declared for 2025-26.
• Exports 746.30 lakhs, 7.03% higher; India sales 3,970.69 lakhs; overseas 747.37 lakhs.
• Capex: 99.86 lakhs; CFO 122.55 lakhs; net cash change -7.81 lakhs.

Operations and markets

• Single operating segment: Rolling and Forging; focus on exports and domestic market.
• Turnover rose to 4,718.06 lakhs; export sales 746.30 lakhs.
• Volume: Rolling 12,241.848 MT; Forging 1,236.141 MT.
• Export growth supported by new product development in rolling and forging.
• Pan-India market expansion underway; ongoing product development aligned with customer demand.

Capital structure and liquidity

• Total borrowings 1,756.88 lakhs; current borrowings 1,569.15; non-current 187.74.
• Debt-equity ratio 2.20; liquidity framework backed by rolling cash flow projections.
• Cash and equivalents 0.72 lakhs; bank balances 8.50 lakhs; total cash/bank ~9.22.
• Working capital around 54.07 lakhs (current assets 1,738.40 vs current liabilities 1,684.33).
• Capex incurred 99.86 lakhs; finance costs 102.34 lakhs; interest burden manageable.

Governance and board changes

• Board six directors; three Independent Directors as of 31-03-2026.
• Hemant Ranawat to retire by rotation; re-appointment sought.
• Vimalchand Jain re-appointed Managing Director for three years from 14-08-2026, no remuneration.
• New independent directors appointed: Arvind Kumar Joshi and Kavita Rakesh Jain (26-02-2026).
• Vinit Ranawat appointed as Non-Executive Director (Non-Independent) on 12-08-2025.

Shareholder information and AGM

• Forty-seventh AGM on 20-08-2026; via VC/OAVM.
• Remote e-voting: 17-08-2026 to 19-08-2026; Book closure 17-08-2026 to 20-08-2026.
• Promoters hold 62.18% (31,17,730 shares); total equity shares 50,13,600.
• Demat shareholding 81.29%; NSDL 9,51,917 and CDSL 31,23,483.
• Registrar: Big Share Services Pvt Ltd; no interim dividend; no ESOPs.

Audits and internal controls

• Statutory auditors: Ambavat Jain & Associates LLP; unmodified opinion.
• Secretarial auditors: A. D. Parekh & Associates; no material reservations.
• Internal financial controls assessed as adequate and operating effectively.

Risks and outlook

• Export freight costs and global tensions pose risk to margins.
• Labor skill shortages and macro uncertainties could affect demand and supply.