Submission of Annual Report of the Company for the Financial Year 2025-26

PBM POLYTEX LTD. CIN :L17110GJ1919PLC000495 REGD. OFFICE: OPP. STATION, POST PETLAD – 388450, DIST: ANAND, GUJARAT, PHONE: 224001, 224003, STORES: 224005, SALES: 224006, FAX (02697) 224009, E-Mail: pbmmills@patodiagroup.com THROUGH BSE.LISTING CENTRE Date-03.09.2026 The General Manager M/s BSE Limited, Department of Corporate Services, Floor 25, P. J. Towers, Dalal Street, Mumbai – 400001 Scrip Code – 514087 Sir / Madam, SUB: ANNUAL REPORT FOR THE FINANCIAL YEAR 2025-26 Pursuant to provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copy of 107th Annual Report of the Company for the Financial Year 2025-26 along with the Notice of 107th Annual General Meeting of the Company, as circulated to the Shareholders of the Company through electronic mode today. The 107th Annual Report is placed on the Company’s website i.e. www.pbmpolytex.com. This is for your kind information and record. Thanking you, Yours faithfully, For PBM Polytex Limited Swati Billore Company Secretary and Compliance Officer (FCS 8321) ENCL: As above BARODA OFFICE: 8TH FLOOR, “RAMAKRISHNA CHAMBERS”, PRODUCTIVITY ROAD, ALKAPURI, BARODA – 390 007. TELEPHONE NO. : 2333587, 2320053, FAX NO. (0265) 2338979 E-Mail: pbm@patodiagroup.com, Website: www.pbmpolytex.com P BM POLYTEX LIMITED PBM POLYTEX LIMITED One Hundred and Seventh A N N U A L R E P O R T FY 2025–26 PETLAD · GUJARAT · INDIA WWW.PBMPOLYTEX.COM PBM POLYTEX LIMITED Table of Contents Corporate Information 1 107TH AGM Notice 2 Boards’ Report and Annexures 27 Corporate Governance Report 47 Shareholders’ Information 60 Management Discussion and Analysis 64 Standalone Financial Statements - Independent Auditor’s Report - Balance Sheet 84 - Statement of Profit & Loss 85 - Statement of Cash Flow 86 - Change in Equity - Notes to Financial Statements Consolidated Financial Statements - Independent Auditor’s Report - Balance Sheet - Statement of Profit & Loss - Statement of Cash Flow 144 - Change in Equity 145 - Notes to Financial Statements 146 PBM POLYTEX LIMITED 107TH ANNUAL REPORT (2025-26) BOARD OF DIRECTORS Shri Krishan Kumar Patodia Chairman Shri Gopal Patodia Managing Director Shri Mohan Kumar Patodia Managing Director cum CFO Shri Ashok Pandit Independent Director Shri Rakesh Todi Independent Director Shri Chirayush Patel Independent Director Ms. Amishal Modi Independent Director SENIOR EXECUTIVES Shri Amit Patodia Senior President cum CEO Shri Vikash Patodia Senior President COMPANY SECRETARY Ms. Swati Billore REGISTERED OFFICE CIN: L17110GJ1919PLC000495 Opposite Railway Station, Petlad – 388450 Dist. Anand, Gujarat, Website – www.pbmpolytex.com MUMBAI OFFICE 12th Floor, Raheja Chambers, 213, Nariman Point, Mumbai – 400 021 CORPORATE OFFICE 8th Floor, Ramakrishna Chambers, Productivity Road, Alkapuri, Vadodara – 390 007 MANUFACTURING UNITS (1) Opposite Railway Station, Petlad – 388 450 Dist. Anand, Gujarat. (2) Plot No. 16 to 19, Sector B, AKVN Industrial Area, Kheritaigaon, Borgaon, Dist. Chhindwara (MP) WINDMILLS (1) Vill: Suthari, Revenue Survey No. 870/P, AbdasaTaluka, Dist. Kutch (Guj.) (2) Vill: OkhaMadhi, Survey No. 24 Part, Taluka Dwarka, Dist. Jamnagar (Guj.) (3) Vill: Methan Survey No. 284, Taluka Jamjodhpur, Dist. Jamnagar (Guj.) (4) Vill: Methan Survey No. 284/3 Paiki, Taluka Jamjodhpur, Dist. Jamnagar (Guj.) BANKERS State Bank of India IDBI Bank Limited STATUTORY AUDITORS M/s. Mahendra N. Shah & Co. (FRN : 105775W) Chartered Accountants, 201, Pinnacle Business Park, Corporate Road, Near Auda Garden, Prahaladnagar, Ahmedabad-380015. REGISTRAR AND SHARE TRANSFER AGENT M/s. MUFG India Intime India Pvt. Ltd. (“RTA”) “Geetakunj”, 1, Bhakti Nagar Society, Behind ABS Tower, Old Padra Road, Vadodara – 390 015 ANNUAL REPORT 2025-26 1 PBM POLYTEX LIMITED NOTICE OF 107TH ANNUAL GENERAL MEETING The Shareholder, The Notice is, hereby, given that the 107th Annual General Meeting of the Members of PBM Polytex Limited will be held through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), on Monday, the 28th Day of September, 2026 at 11:00 A.M. to transact the following business(es): ORDINARY BUSINESS: 1. To receive, consider and adopt the Standalone and Consolidated Financial Statements including Audited Balance Sheets as at 31st March 2026, Statements of Profit and Loss and Cash Flow Statements for the year ended on that date together with the Directors’ Report and Auditors’ Reports thereon. 2. To appoint a Director in place of Shri Mohan Kumar Patodia (DIN: 00035381), as director who retires by rotation and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: 3. To ratify the remuneration payable to the Cost Auditor for the financial year 2026-27: To consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 and all other applicable provisions, if any, of the Companies Act, 2013, and the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), the remuneration of Rs. 60,000/- (Rupees Sixty Thousand only) plus GST and reimbursement of travelling and out-of pocket expenses to M/s. K.C. Moondra & Associates, Cost Accountants, Vadodara (FRN No. 101814), as recommended by the Audit Committee and approved by the Board to conduct the audit of cost records and statements maintained by the Company for the financial year 2026-27, be and is, hereby, ratified and confirmed. RESOLVED FURTHER THAT the Board of Directors of the Company, be and is, hereby, authorized to do all such acts, things and deeds and take all such steps as may be deemed necessary, proper or expedient to give effect to this resolution.” 4. To re-appoint Shri Gopal Patodia (DIN: 00014247) as Managing Director of the Company: To consider and if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197 and 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, (including any statutory modification(s) or re-enactment thereof for the time being in force), the Articles of Association of Company, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, consent of the members be and is hereby accorded for the re-appointment of Shri Gopal Patodia (DIN: 00014247) as Managing Director of the Company, for a period of 3 (three) years, on expiry of his present term of office, i.e., with effect from 1st April, ANNUAL REPORT 2025-26 2 2027 on the terms and conditions as recommended by the Nomination and Remuneration Committee and approved by the Board of Directors of the Company and set out in the Statement annexed to the Notice.” “RESOLVED FURTHER THAT the Board of Directors be and is hereby authorised to alter, amend, vary, and modify the terms of appointment including the remuneration within the overall limit and enter into agreement with Shri Gopal Patodia, and do all acts and take all such steps and actions including accepting any modification, if any, deemed necessary in this regard, for the purpose of giving effect to this resolution.” 5. To re-appoint Shri Mohan Kumar Patodia (DIN: 00035381) as Managing Director of the Company: To consider and if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197 and 203 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, (including any statutory modification(s) or re-enactment thereof for the time being in [Showing first 8,000 characters — download PDF for full document]