Pankaj Polymers: Promoter Group Entity Sells 18.14% Stake via Off-Market SPA

Pankaj Polymers Limited has received a disclosure from Pankaj Strips Private Limited, a promoter group entity, reporting the sale of 10,05,730 equity shares, representing 18.14% of the company's total share capital, through an off-market transaction pursuant to a Share Purchase Agreement (SPA). The disclosure, dated May 15, 2026, was submitted to BSE Limited in accordance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Promoter Group Share Sale Details

The sale was executed on May 14, 2026, by Pankaj Strips Private Limited (CIN: U17303TG1998PTC041693, PAN: AAADCP9301K), classified under the Promoter Group category. The transaction was carried out off-market as per the Share Purchase Agreement (SPA) and was reported on BSE. The total value of shares disposed of amounted to Rs. 20,11,4600.

The key details of the transaction are summarised below:

Parameter: Details Seller Pankaj Strips Private Limited Category Promoter Group Type of Security Shares Shares Held Prior to Sale 10,05,730 (18.14%) Shares Sold 10,05,730 Value of Shares Sold Rs. 20,11,4600 Shares Held Post Sale Nil Date of Sale May 14, 2026 Date of Intimation to Company May 15, 2026 Mode of Sale Off-market as per Share Purchase Agreement (SPA) Exchange BSE

Context: Ongoing Promoter Transition

This sale is part of the broader promoter transition underway at Pankaj Polymers Limited. As disclosed earlier, Rahul Nagar, along with Persons Acting in Concert (PACs) — Vikas Garg, Sandeep Jain, and Himanshu Arora — entered into a Share Purchase Agreement dated January 14, 2026, with the existing promoters for the acquisition of 32,23,627 equity shares, representing 58.15% of the equity share capital, with the intent to take control of the company.

In a related acquisition disclosed on May 13, 2026, Rahul Nagar and PACs acquired 10,45,380 shares (18.86%) through an off-market SPA pursuant to an open offer, bringing their combined post-acquisition holding to 17,02,956 shares, representing 30.72% of the total share and voting capital. The equity share capital of Pankaj Polymers Limited remains at Rs. 5,54,39,000, comprising 55,43,900 equity shares of Rs. 10/- each.

Pre and Post-Sale Shareholding of Pankaj Strips Pvt. Ltd.

Parameter: Details Shares Held Before Sale 10,05,730 (18.14%) Shares Sold 10,05,730 (18.14%) Shares Held After Sale Nil

The disclosure was signed by Pankaj Goel, Director of Pankaj Strips Private Limited (DIN: 09010059), and filed on behalf of the company from Secunderabad on May 15, 2026. The company's Managing Director, Pankaj Goel (DIN: 00010059), also acknowledged the receipt of the insider trading disclosure on behalf of Pankaj Polymers Limited.

Pankaj Polymers Limited has announced its audited financial results for FY26, following a Board Meeting held on 30th April 2026. The company reported a significant financial turnaround with a profit of ₹219.64 lakhs for the full year, marking a remarkable recovery from the loss of ₹12.94 lakhs recorded in FY25. The results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors Luharuka & Associates providing an unmodified opinion.

Financial Performance Overview

The company demonstrated strong financial recovery across key metrics. Total income for FY26 reached ₹461.12 lakhs, representing a substantial increase from ₹227.36 lakhs in the preceding year. While revenue from operations declined to ₹129.84 lakhs from ₹149.92 lakhs in FY25, other income surged dramatically to ₹331.28 lakhs from ₹77.44 lakhs, primarily driving the overall income growth.

Particulars: FY26 (₹ in Lakhs) FY25 (₹ in Lakhs) Change Total Income: 461.12 227.36 +102.8% Revenue from Operations: 129.84 149.92 -13.4% Other Income: 331.28 77.44 +327.8% Total Expenses: 231.65 240.90 -3.8% Profit Before Tax: 229.47 (13.54) Turnaround Net Profit: 219.64 (12.94) Turnaround Basic EPS: 3.96 (0.23) Positive

Quarterly Performance Analysis

For the quarter ended 31st March 2026, Pankaj Polymers reported a profit of ₹9.80 lakhs, compared to a loss of ₹0.93 lakhs in the corresponding quarter of the previous year. Total income for Q4 FY26 stood at ₹119.72 lakhs, with revenue from operations at ₹57.11 lakhs and other income contributing ₹62.61 lakhs.

Balance Sheet Strengthening

The company's balance sheet position showed significant improvement as of 31st March 2026. Total assets remained stable at ₹1,412.95 lakhs compared to ₹1,408.10 lakhs in the previous year. However, the capital structure improved substantially with total equity increasing to ₹1,304.59 lakhs from ₹1,092.16 lakhs, while total liabilities decreased significantly to ₹108.36 lakhs from ₹315.93 lakhs.

Balance Sheet Items: As at 31st March 2026 As at 31st March 2025 Total Assets: ₹1,412.95 lakhs ₹1,408.10 lakhs Total Equity: ₹1,304.59 lakhs ₹1,092.16 lakhs Total Liabilities: ₹108.36 lakhs ₹315.93 lakhs Non-current Borrowings: NIL ₹123.11 lakhs Current Borrowings: NIL ₹64.09 lakhs

Debt Reduction and Cash Flow Management

A notable achievement during FY26 was the complete repayment of borrowings. Outstanding qualified borrowings stood at NIL as of 31st March 2026, compared to ₹1.69 crores at the beginning of the fiscal year. The cash flow statement reveals substantial cash inflows from investing activities of ₹628.33 lakhs, primarily from proceeds from sale of fixed assets (₹294.04 lakhs) and sale of investments (₹268.20 lakhs). Cash and cash equivalents increased to ₹15.96 lakhs from ₹10.63 lakhs at the end of the previous year.

Regulatory Compliance and Audit Opinion

The financial results comply with Regulation 33 of SEBI (LODR) Regulations, 2015. Managing Director Pankaj Goel submitted the mandatory declaration confirming that statutory auditors Luharuka & Associates issued an unmodified audit opinion on the financial results. The Board Meeting commenced at 1.30 PM and concluded at 3.00 PM on 30th April 2026, with all required documents submitted to the Bombay Stock Exchange.

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