BSEParmeshwar Metal LtdHighPositive
Announced Mon, 8 Sept · 17:51 IST

Notice of 9th AGM Scheduled to be held on Tuesday, 30th September, 2025 at 11.00 A.M. through VC/OAVM.

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Parmeshwar Metal Ltd will hold its 9th Annual General Meeting on Tuesday, 30th September 2025 at 11:00 A.M. through video conferencing. The company has fixed Friday, 19th September 2025 as the Record Date to determine shareholder eligibility for the final dividend of ₹0.75 per equity share (7.5% on face value of ₹10) for FY 2024-25, subject to shareholder approval. E-voting will run from 26th to 29th September 2025, with the cut-off date set as 23rd September 2025. If approved, the dividend will be paid on or before 29th October 2025. Other key items on the AGM agenda include re-appointment of Mr. Suchitkumar Patel (director retiring by rotation), appointment of M/s. Shah & Shah as new statutory auditor for 5 years, ratification of cost auditor remuneration of ₹50,000, approval of related party transactions for FY 2025-26, and appointment of a secretarial auditor. A special resolution also seeks shareholder approval to vary the use of unutilised IPO proceeds towards working capital requirements.

Likely market impact

The AGM is largely procedural, but shareholders should note the ₹0.75 dividend (7.5% on face value) for FY25 and the proposal to reallocate unused IPO funds towards working capital, which signals the company is yet to fully deploy its IPO capital. Investors holding shares as of 19th September 2025 will be eligible for the dividend.