Mayur Leather Products Ltd (531680) — FY26 Annual Report | 7 September 2026

Mayur Leather Products Ltd (BSE: 531680) filed its 41st AGM notice on September 7, 2026, scheduled for September 29, 2026, at 2:00 PM IST in Jaipur. The filing includes e-voting details, AGM agenda, financial highlights, and board composition. Standalone profit after tax reached ₹127.37 crores for 2025-26, up from prior year, while consolidated profit before tax was ₹112.44 crores. The company faces material audit concerns including going concern doubts, internal control deficiencies, non-compliance with IND AS 19 and IND AS 109, and unresolved litigation. Auditor flags unclaimed dividends of [amount context mismatch] lakhs, deferred tax liability of ₹14.30 lakhs without disclosed basis, and failure to preserve audit trails. Note 32 reveals total borrowings of ₹433.59 crores, exceptional items of ₹67.82 lakhs, and contingent liabilities of ₹56.31 lakhs. Property, plant, and equipment net value declined to ₹150.74 crores in 2026. Independent Director Mr. Mahesh Bhatter, CA and CAO of Aikyam Capital Group, was appointed effective September 27, 2025, with board-approved remuneration pending approval.