Notice convening 38th Annual General Meeting of the Polymechplast Machines Limited, scheduled to be held on Thursday, the 25th September, 2025 at 3:00 p.m. (IST) through Video Conferencing ....
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Polymechplast Machines Limited (BSE: 526043) will hold its 38th AGM on Thursday, 25th September 2025 at 3:00 PM via video conferencing. Key items on the agenda include adopting FY25 audited financial statements, approving a final dividend of ₹1.00 per equity share (face value ₹10), and re-appointing/re-appointing several directors including Mr. Mahendrakumar Bhuva as Executive Chairman, Mr. Himmatlal Bhuva as Managing Director, and Mr. Anand Bhuva as Executive Director. The company is also seeking shareholder approval to adopt a new set of Articles of Association and a revised Memorandum of Association that shifts its stated objects away from IT services towards metals, die-casting, machine tools, CNC machines, automation, and robotics. FY25 financials showed revenue from operations of ₹6,488.66 lakhs (up from ₹5,904.35 lakhs) but profit after tax remained modest at ₹90.58 lakhs with EPS of ₹1.62. The board has also appointed a new Secretarial Auditor (M/s. Devesh Pathak & Associates) for a 5-year term starting FY 2025-26.
Shareholders stand to receive a small dividend of ₹1.00 per share. The MOA amendment is the most material item for investors — it signals a strategic pivot from legacy IT-services wording to manufacturing-focused activities in metals, machining, automation, and robotics, which could reshape the company's business direction but also requires careful scrutiny before approval.