POKARNA LTD.

Pokarna Ltd has received a show cause notice (SCN) from the Officer of the Commissioner of Central Tax, Government of India. The SCN proposes a demand of GST amounting to ₹2,35,45,724/- along with applicable interest and penalty. The alleged violations include short-payment of GST due to non-fulfillment of conditions for supplies to merchant exporters and short declaration of black granite block quantities. The company, based on legal advice, is examining the allegations and intends to contest the proposed demand. While the SCN proposes a total potential liability of ₹4,70,91,448/- (including penalty), the company states there is no immediate impact on its financials or operations at this stage.

Pokarna Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on August 7, 2026. The company also noted the resignation of Mrs. Pratima Khandu Gulankar as Company Secretary and Compliance Officer, effective August 7, 2026, and appointed Mr. Om Jaiswal to the same positions, effective August 8, 2026. The limited review reports from the statutory auditors were also submitted.

Pokarna's consolidated (primary) revenue was ₹189.41 Cr in Q1 FY27, up 10.8% YoY from ₹170.96 Cr and 28.6% QoQ from ₹147.24 Cr, while PAT rose 50.6% YoY to ₹42.60 Cr from ₹28.29 Cr (+66.3% QoQ from ₹25.61 Cr). Both statements tie out internally (total income = revenue + other income; PAT = PBT − tax) with no exceptional items in either the current or comparison quarters, so growth is on a clean base — no adjusted-vs-reported split is needed. Standalone, which captures only the smaller Granites business, swung to a ₹0.95 Cr profit from a ₹2.26 Cr loss a year ago on granite revenue up 161% to ₹12.73 Cr; consolidated is the primary read since Quartz Surfaces (via subsidiary Pokarna Engineered Stone) is still roughly 93% of group revenue. The growth was not purely a Quartz Surfaces story. That segment's revenue rose a modest 6.4% YoY to ₹176.69 Cr (₹166.09 Cr) and 25.3% QoQ (₹141.04 Cr), lifting segment PBIT 21.5% YoY to ₹71.09 Cr. Granites, despite being under 7% of group revenue, contributed ₹7.86 Cr of the group's ₹18.45 Cr YoY revenue increase (43%) as it swung from a ₹0.79 Cr segment loss to a ₹3.18 Cr profit. Group operating margin (EBITDA excluding other income, on revenue from operations) expanded to 35.9% from 32.1% YoY and 30.6% QoQ, and net margin widened to 21.8% from 16.3% YoY — margin expansion outpaced revenue growth on both counts, indicating cost/mix discipline rather than volume alone drove the profit jump. No analyst consensus estimates for this quarter turned up in a search — Pokarna carries thin sell-side coverage — so vsStreet is unknown rather than beat/miss, and the company has issued no formal forward guidance in filings or on record, so vsGuidance is also unknown rather than assessed. For context, group revenue had fallen 38.5% in FY26 to ₹571.62 Cr (per ScanX Trade) after the US antidumping/countervailing duty (AD/CVD) regime on Indian quartz surface products; in January 2026 the US Department of Commerce and ITC continued rather than revoked those India/Türkiye AD/CVD orders. Pokarna Engineered Stone's own company-specific dumping margin, however, was calculated at zero percent in the most recent administrative review (2022-23 period, finalized November 2024) — a materially better outcome than the broader India-wide order implies. Read against that backdrop, Q1 FY27's YoY growth looks like a recovery off a depressed FY26 base rather than a guidance beat, since there is no guidance to measure against. No management press-release commentary was available for this filing beyond the regulatory disclosure, so there is no stated management framing to reconcile against the numbers. Beyond the results, the board used the same meeting to effect a company secretary transition — Pratima Khandu Gulankar's resignation effective close of business 7 August 2026, with Om Jaiswal appointed effective 8 August 2026 — an administrative item unrelated to the operating print.

Pokarna Ltd has announced that its Board of Directors will convene on August 7, 2026. The primary agenda item for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. In line with SEBI regulations, the trading window for company securities will remain closed for promoters, directors, officers, and designated employees from July 1, 2026, until 48 hours after the financial results are declared.

Pokarna Limited has issued a corrigendum to its 35th Annual General Meeting (AGM) notice, primarily revising the remote e-voting end date. The e-voting period has been extended by one day, now concluding on Sunday, July 26, 2026, at 5:00 PM IST, instead of Saturday, July 25, 2026. This change affects specific points within the AGM notice related to shareholder information and remote e-voting instructions. The AGM itself remains scheduled for Monday, July 27, 2026, at 11:00 AM IST, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The agenda includes adopting financial statements, declaring dividends, and appointing a director.

Pokarna Ltd has filed its Annual Report for the Financial Year 2025-26, along with the Notice for its 35th Annual General Meeting (AGM). The AGM is scheduled for Monday, July 27, 2026, at 11:00 a.m. IST, to be conducted via Video Conferencing. The report, themed 'Resilience with Unmatched Excellence', highlights the company's journey in the global surface solutions industry, emphasizing its over 30 years of experience, advanced manufacturing capabilities, and strong international presence. The report details corporate overview, product portfolio, financial statements (standalone and consolidated), and statutory reports. It also includes forward-looking statements regarding the company's future prospects.

Pokarna Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report, which is part of the Annual Report, details the company's corporate identity, operations, and market presence. Pokarna Limited is primarily involved in granite mining and processing, contributing 100% to its turnover. The company serves both domestic and international markets, with exports accounting for 49% of its total turnover. The BRSR also provides employee data, including a workforce of 88 permanent employees and 124 workers, with a notable representation of women in key positions. The report is available on the company's website.

Pokarna Ltd has announced its 35th Annual General Meeting (AGM) will be held on July 27th, 2026, at 11:00 AM IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means. Shareholders will consider and adopt the audited standalone and consolidated financial statements for the financial year 2025-26, including the Balance Sheet, Profit and Loss, Cash Flow, and Statement of Changes in Equity as of March 31, 2026. A dividend of ₹0.60 per equity share for FY 2025-26 is proposed. Additionally, the AGM will address the re-appointment of Mr. Prakash Chand Jain as a director and the re-appointment of Mr. Gautam Chand Jain as Chairman and Managing Director. The Annual Report and AGM notice are being sent electronically to registered shareholders and are also available on the company's website.

Pokarna Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 (Q1FY27). The specific date for the Board Meeting to approve these financial results will be communicated in due course. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Pokarna Ltd has responded to stock exchange queries regarding recent price movements in its scrip. The company stated that it has consistently disclosed all material information and events impacting its operations and performance, adhering to SEBI's Listing Regulations. Pokarna Ltd attributes the recent fluctuations in its stock price solely to prevailing market conditions and market-driven factors, asserting that there are no other underlying reasons.