Outcome of Board Meeting held on 30.05.2025

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Price reactionminutes from the announcement price · days from the prior close

-7.7%Reaction day

₹209.95

prior close

₹213.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-7.8% vs market

Aluminium peers, median of 8sector-0.6%-7.1% vs sector

On the reaction day the stock moved 7.8 pts less than Nifty Microcap 250 and 7.1 pts less than its Aluminium peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.8

10m

-3.8

15m

-6.1

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.7+0.1-7.8-0.6-7.1

Next day

-5.7-0.2-5.5+0.3-6.0

-6.2+0.3-6.5+0.6-6.9

-4.7+0.9-5.6+0.6-5.3

-5.8+0.8-6.6+3.5-9.3

-4.9+2.2-7.1+4.5-9.5

-4.3+3.4-7.6+5.0-9.3

15d

-5.7-0.8-4.9+4.5-10.2

+0.0+2.9-2.9+6.3-6.3

-7.6+0.8-8.4+4.3-11.9

-42.4+0.0-42.4+12.0-54.4

UpDownMarket · Nifty Microcap 250Sector · Aluminium peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved Palco Metals' audited standalone and consolidated financial results for Q4 and the full year ended 31 March 2025, both carrying an unmodified (clean) opinion from the statutory auditors. The board also cleared a merger scheme to absorb its wholly-owned subsidiary, Palco Recycle Industries Ltd (PRIL), into itself, and will now approach the NCLT Ahmedabad bench after an earlier attempt via the Regional Director route failed for lack of 90% shareholder approval. PRIL's turnover grew roughly 21.5% year-on-year to Rs 19,407.71 lakh in FY24, and its net worth rose from Rs 30.33 crore (FY24) to Rs 36.96 crore (FY25). Additionally, CS Punit Santosh Kumar Lath was appointed as Secretarial Auditor for FY25, and CS Mukesh Tiwari was appointed as Internal Auditor for FY25 and FY26.

Likely market impact

Routine, largely procedural updates: clean audit opinion is a neutral-to-positive signal, while the merger is a group simplification with no change in shareholding or cash consideration, so existing shareholders are not materially affected.