Gulshan Polyols AGM 2026: Date, venue, record date

Gulshan Polyols Limited has confirmed the schedule for its 26th Annual General Meeting (AGM), setting out the date, time, and venue in a regulatory intimation. The company said the meeting will be held on Friday, September 11, 2026, at 1:00 pm in Muzaffarnagar, Uttar Pradesh. The disclosure was filed as a formal communication to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

The filing also references compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Alongside the AGM update, the company has recently disclosed an ethanol-related Limited Notice to Proceed (LNTP) from Oil Marketing Companies and provided order book and financial performance metrics.

AGM schedule and venue details

The company has scheduled the AGM for September 11, 2026. It will take place at The Solitaire INN Hotel, located at 6 Mile Stone, Meerut Road, National Highway 58, Muzaffarnagar, Uttar Pradesh. The meeting is scheduled to begin at 1:00 pm.

Gulshan Polyols said the AGM notice will be available on the company’s website. The intimation acts as a record for shareholders as well as regulatory bodies. It also serves as the base disclosure for any shareholder actions linked to the meeting.

Regulatory filing and signatory

The intimation was issued on August 17, 2026. It was filed in compliance with the Companies Act, 2013 and SEBI LODR Regulations, 2015. The communication was signed by Reetika Pant, Company Secretary.

The letter was addressed to both BSE and NSE, reflecting standard disclosure practice for listed companies. The company also indicated that the disclosure is part of its formal shareholder and regulatory communication process.

Record date and book closure update

In the same information set, Gulshan Polyols also referenced a corporate action item: fixing a date of Friday, August 28, 2026. The filing notes that an intimation regarding the record date and book closure was enclosed.

While the detailed parameters of book closure are not provided in the available text, the presence of a record date is typically used to determine shareholder eligibility for corporate actions that may require shareholder approval or entitlement determination.

Ethanol LNTP: allocation, value, and timing

Separately, Gulshan Polyols disclosed that it received a Limited Notice to Proceed (LNTP) valued at ₹146.65606 crore from Oil Marketing Companies (OMCs). The LNTP relates to an additional allocation of 20,740 kiloliters of ethanol for Q4 of the Ethanol Supply Year (ESY) 2025-26.

The supply under this allocation covers Assam and Madhya Pradesh. The disclosure date for this update was also stated as August 17, 2026. The company described the LNTP as a pre-qualification or mobilisation step rather than a fully executed contract.

What an LNTP means for revenue recognition

The filing clarifies that revenue recognition begins only after a formal work order is issued by the OMCs. In other words, the LNTP is not treated as a complete contracted order for accounting purposes.

It further adds that as a TYPE B filing, the ₹146.65606 crore figure represents advance engineering costs or mobilisation value. The full contract value, as per the disclosure, would be recognised only upon formal work order issuance.

This distinction matters for investors tracking how quickly disclosed order wins translate into reported revenue, especially when the disclosed value is tied to mobilisation or advance activity rather than executed supply under a final order.

Order book position and coverage disclosed

Gulshan Polyols stated that its total disclosed order book stands at ₹244.62 crore. It added that this provides coverage for 0.43 quarters of average quarterly revenue.

This metric frames the disclosed order book against the company’s typical quarterly revenue run-rate. The company did not provide the underlying quarterly revenue figure in the text, but it did disclose the coverage multiple directly.

FY26 performance numbers and dividend proposal

The company reported net profit of ₹107 crore for FY26, described as a 332% increase from ₹25 crore in FY25. It also reported revenue rose 14% to ₹2,314 crore.

The board recommended a dividend of 150%, or ₹1.50 per share, subject to shareholder approval. The company also disclosed, in a separate financial summary, that profit after tax for the year ended March 31, 2026 was ₹107.1467 crore (10,714.67 lakh), compared with ₹24.7871 crore (2,478.71 lakh) in the previous year. If approved, the dividend will be paid within 30 days of the AGM.

Stock snapshot and other disclosed items

The provided market snapshot shows a delayed quote of ₹207.21, down ₹1.70 or 0.81%. The dataset also references a “Fund Raise Proposal” dated Aug 06, 2026, and states “Gulshan Polyols March-Quarter Net PAT 375.4 Million Rupees,” which is ₹37.54 crore.

The company also disclosed management appointments effective May 22, 2026, naming Ms. Reetika Pant as Company Secretary cum Compliance Officer and Mr. Vipin Kumar Sharma as Factory Manager for the Muzaffarnagar plant.

Key figures at a glance

Why the disclosures matter for shareholders

The AGM intimation sets the timeline for shareholder voting and approvals, including the proposed dividend that is explicitly stated as subject to shareholder approval. The record date and book closure references, while not fully detailed in the text, point to procedural steps that often accompany AGM-linked entitlements.

On the business side, the ethanol LNTP and order book disclosures give a near-term view of demand visibility and execution milestones. The company’s clarification on revenue recognition is also material, because it separates mobilisation-stage value from a fully executed work order for accounting recognition.

Conclusion

Gulshan Polyols has fixed September 11, 2026 as the date for its 26th AGM in Muzaffarnagar and stated that the AGM notice will be hosted on its website. In parallel, it has disclosed a ₹146.65606 crore ethanol LNTP for Q4 ESY 2025-26 and an overall disclosed order book of ₹244.62 crore. Shareholders will also watch for AGM-related approvals, including the board-recommended dividend of ₹1.50 per share and the timeline linked to the record date cited as August 28, 2026.