Zenith Exports Ltd has scheduled its 44th Annual General Meeting for September 24, 2026. Shareholders will vote on financial statements, the re-appointment of Director Urmila Loyalka, and a proposed salary hike for Managing Director Varun Loyalka. Despite a decline in annual revenue to Rs 64.68 crore, the company reported a net profit of Rs 2.29 crore for FY 2025-26, up from Rs 1.71 crore in the previous year.
Zenith Exports Sets 44th AGM Agenda for September 2026
Revenue fell to Rs 64.68 crore for FY 2025-26 from Rs 72.10 crore last year; Net Profit rose to Rs 2.29 crore from Rs 1.71 crore.
Reader Takeaway: Improved bottom-line performance contrasts with revenue contraction; shareholders will weigh higher executive pay at the AGM.
What just happened
Zenith Exports Ltd has officially announced its 44th Annual General Meeting (AGM) to be held on September 24, 2026, at 11:30 A.M. via video conferencing. The meeting agenda includes the adoption of the audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of Mrs. Urmila Loyalka as Director. Additionally, shareholders will vote on a proposed increase in the monthly remuneration for Managing Director Mr. Varun Loyalka, effective from August 12, 2026.
Why this matters
The company saw a divergence in its financial performance for FY 2025-26. While revenue from operations contracted to Rs 64.68 crore, down from Rs 72.10 crore in the prior fiscal year, the company managed to improve its profitability. Net Profit (PAT) increased to Rs 2.29 crore compared to Rs 1.71 crore in FY 2024-25. The proposal to increase the Managing Director's annual compensation from Rs 15.22 lakh to Rs 21.22 lakh will be a key point of discussion during the voting process.
Voting and Participation
The company has set September 17, 2026, as the cut-off date for determining shareholder eligibility for remote e-voting. Remote e-voting will commence on September 21, 2026, at 9:00 A.M. and conclude on September 23, 2026, at 5:00 P.M.