Integrated Thermoplastics sets Sept 23 as AGM record date

ScanX News Integrated Thermoplastics sets Sept 23 as AGM record date 1 min read | Published on 08 Sept 2026, 12:45 AM | Updated on 08 Sept 2026, 12:48 AM Reviewed by Add as a preferred source on Google *this image is generated using AI for illustrative purposes only. Integrated Thermoplastics has fixed September 23, 2026, as the cut-off date for determining voting eligibility for its 32nd Annual General Meeting. The company's register of members and share transfer books will remain closed from September 23 to September 30, 2026, inclusive. Meeting Schedule and Voting The AGM is scheduled for September 30, 2026, at noon at the company's registered office in Manoharabad, Telangana. The primary agenda includes adopting the audited financial statements for FY26 and the reappointment of Mrs. Aravinda Rani Sannapureddy as a director. Event Date / Time Cut-off Date September 23, 2026 Book Closure Start September 23, 2026 Book Closure End September 30, 2026 Remote e-Voting Start September 26, 2026, 9:00 am Remote e-Voting End September 29, 2026, 5:00 pm AGM Date September 30, 2026, 12:00 pm Voting Procedures Central Depository Services (India) Limited (CDSL) will facilitate e-voting. Remote voting begins on September 26 and ends on September 29. Once a vote is cast remotely, it cannot be modified or voted again at the physical meeting. Physical shareholders must use their folio numbers on the CDSL portal. UYC & Associates, represented by CS Uday Chandra Yemmanuru, has been appointed as the scrutinizer to ensure a fair process. Director Profile Mrs. Sannapureddy retires by rotation and offers herself for re-election. She holds a BE in Mechanical Engineering and has over two decades of experience. She attended seven board meetings during FY26 and holds no shares or remuneration in Integrated Thermoplastics. Historical Stock Returns for INTEGRATED THERMOPLASTICS 1 Day 5 Days 1 Month 6 Months 1 Year 5 Years 0.0% 0.0% 0.0% 0.0% - 1. 87 % 0.0% How might the reappointment of Mrs. Aravinda Rani Sannapureddy influence Integrated Thermoplastics' strategic direction given her mechanical engineering background? fuzz it What specific operational or financial targets for FY27 are shareholders likely to scrutinize during the adoption of the FY26 audited financial statements? fuzz it Could the decision to keep the share transfer books closed for a full week impact short-term trading liquidity and volatility for Integrated Thermoplastics stock? fuzz it ScanX News Integrated Thermoplastics sets Sept 23 as AGM record date 2 min read | Published on 07 Sept 2026, 10:21 PM | Updated on 07 Sept 2026, 10:21 PM Reviewed by Add as a preferred source on Google *this image is generated using AI for illustrative purposes only. Integrated Thermoplastics reported a net profit of ₹4.96 crore for the financial year ended March 31, 2026 (FY26), reversing a net loss of ₹6.06 crore in the previous year. The company also announced that its 32nd Annual General Meeting will be held on September 30, 2026. The turnaround in profitability was primarily driven by a significant increase in other income, which rose to ₹9.84 crore from just ₹0.05 crore in FY25. This non-operating gain offset a sharp decline in core business performance, as revenue from operations fell 62% to ₹2.45 crore from ₹6.50 crore in the prior year. Financial Performance Total income for the company increased by approximately 87.70% to ₹12.29 crore in FY26, up from ₹6.55 crore in FY25. Despite the lower top-line revenue, total expenses decreased significantly to ₹7.22 crore from ₹12.47 crore in the previous financial year. Metric FY26 FY25 Change Revenue from Operations ₹2.45 crore ₹6.50 crore -62.3% Other Income ₹9.84 crore ₹0.05 crore +19,580% Total Income ₹12.29 crore ₹6.55 crore +87.7% Net Profit/(Loss) ₹4.96 crore (₹6.06 crore) Turnaround The company reported earnings per share (basic) of ₹7.88 for FY26, compared to a loss per share of ₹9.64 in FY25. The Board of Directors did not recommend any dividend for the financial year, citing the need to conserve resources for operational and financial obligations. What the Numbers Show The reported profitability masks underlying operational challenges. While the bottom line turned positive, the operating profit margin deteriorated to (181.87%) from -91.86% in the previous year. This divergence highlights that the net profit was not derived from core manufacturing or trading activities but was substantially supported by other income. Consequently, the improvement in reported profitability should not be construed as a recovery in core operating performance. Balance Sheet and Liquidity The company continues to face liquidity pressures, with a current ratio declining to 0.04:1 from 0.19:1 in FY25. Total equity remains negative at ₹53.71 crore, although this is an improvement from the negative net worth of ₹58.66 crore in FY25. Trade payables stood at ₹26.85 crore, significantly higher than the material consumption of ₹2.22 crore during the year, indicating reliance on supplier credit to fund operations. Governance and Compliance The statutory auditors issued a qualified opinion on the financial statements. Key qualifications included the inability to obtain sufficient audit evidence for certain debtors and creditors due to pending confirmations. Additionally, the company has not appointed an internal auditor as required under Section 138 of the Companies Act, 2013, though management stated that the process for appointment is underway. The secretarial audit report highlighted several compliance gaps, including deactivated Director Identification Numbers (DINs) for three independent directors and the non-constitution of an Internal Complaints Committee under the Sexual Harassment of Women at Workplace Act. The company also noted that provisions related to Corporate Social Responsibility (CSR) will become applicable from FY27 based on its financial parameters. Historical Stock Returns for INTEGRATED THERMOPLASTICS 1 Day 5 Days 1 Month 6 Months 1 Year 5 Years 0.0% 0.0% 0.0% 0.0% - 1. 87 % 0.0% What specific sources contributed to the ₹9.84 crore in other income, and is this revenue stream sustainable for future fiscal years? fuzz it How does the company plan to address its critical liquidity crisis, given a current ratio of 0.04:1 and heavy reliance on trade payables? fuzz it What strategic initiatives will Integrated Thermoplastics implement to reverse the 62% decline in core operating revenue? fuzz it view all