Mehul Colours Ltd

Mehul Colours Ltd has announced that its Board of Directors will convene on November 7, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for the half-year period ending September 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mehul Colours Ltd has announced the closure of its trading window for all designated persons, their immediate relatives, and specified connected persons. This closure is in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Amendment Regulations, 2018. The trading window will be shut from October 1st, 2026, and will reopen 48 hours after the declaration of the financial results for the half-year ended September 30th, 2026. All insiders, including directors, have been formally notified not to engage in any transactions involving the company's securities during this period. The date for the board meeting to approve these financial results will be communicated separately.

Mehul Colours Ltd has announced the details for its 31st Annual General Meeting (AGM) scheduled for September 30, 2026. The company will provide members with the facility to vote electronically for the business to be transacted at the AGM. The cut-off date for determining eligible shareholders is September 23, 2026. Remote e-voting will be open from September 26 to September 29, 2026, in compliance with SEBI LODR regulations. The AGM will be conducted via video conferencing (VC) or other audio-visual means (OAVM).

Mehul Colours Limited has announced the closure of its Register of Members and Share Transfer Books from Friday, September 25, 2026, to Wednesday, September 30, 2026, inclusive. This closure is in preparation for the Company's 31st Annual General Meeting (AGM), scheduled for Wednesday, September 30, 2026, at 12:30 p.m. The AGM will be conducted via Video Conference (VC) or Other Audio-Visual Means (OVAM). Public notice regarding this book closure will be published in the Freepress Journal and Navshakti newspapers.

Mehul Colours Ltd has submitted its Annual Report for FY 2025-26, detailing financial performance and corporate actions. The company reported a total income of ₹3,181.16 lakhs, an increase from ₹2,371.29 lakhs in the previous fiscal year. Net Profit After Tax (PAT) for FY 2025-26 stood at ₹522.29 lakhs, a slight decrease from ₹550.30 lakhs in FY 2024-25. The company also completed an Initial Public Offer (IPO), issuing 30,08,000 equity shares at ₹72 per share, listing on the BSE SME platform on August 6, 2025. The Board has not recommended any dividend for FY 2025-26 to conserve resources for future growth. The 31st Annual General Meeting is scheduled for September 30, 2026.

Mehul Colours Ltd has announced its 31st Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 12:30 PM IST. The meeting will be conducted virtually through video conferencing (VC) and other audio-visual means (OAVM). Key agenda items include the adoption of the audited financial statements for the fiscal year ended March 31, 2026, the re-appointment of Mrs. Bhakti Mehul Joshi as a Director retiring by rotation, and the appointment of Mr. Tejas Harish Joshi as a Director.

Mehul Colours Limited announced the appointment of Mr. Tejas Harish Joshi as an Additional Director (Executive) on its Board, effective September 5, 2026. This appointment is subject to shareholder approval at the upcoming General Meeting. The board also approved the notice for the 31st Annual General Meeting and the Board's Report and Annual Report for FY 2025-26. Mr. Joshi, who has been with the company for over 15 years, brings extensive experience in manufacturing and business operations and will oversee day-to-day operations.

Mehul Colours Ltd has announced the appointment of Mr. Tejas Harish Joshi as an Additional Director in an Executive capacity, effective September 5, 2026. This appointment, approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation, is subject to shareholder approval at the upcoming General Meeting. Mr. Joshi, who has over 15 years of experience with the company in manufacturing and business operations, will be responsible for overseeing day-to-day operations. He is not related to any existing directors and has no other directorships or shareholding in the company.

Mehul Colours Ltd announced its audited financial results for FY26, reporting a 33.2% increase in revenue from operations to ₹30.40 crore, compared to ₹22.82 crore in FY25. Profit after tax stood at ₹5.22 crore, slightly lower than the ₹5.50 crore in the previous year. The company focused on strategic growth and market expansion, achieving its highest-ever revenue through increased demand and new business opportunities. While profitability was impacted by fluctuations in raw material prices, the company expects sustainable growth and long-term value creation.

Mehul Colours Ltd. reports the utilization of IPO proceeds for the half year ended March 31, 2026. Out of the total funds raised of ₹2,165.76 lakhs, ₹372.11 lakhs were used for capital expenditure, ₹400 lakhs for working capital, ₹9.17 lakhs for general corporate purposes, and ₹281.15 lakhs for issue-related expenses. The unutilized amount is temporarily held in separate bank accounts. The audit committee reviewed the statement on May 30, 2026.