Announced Tue, 2 Sept · 18:53 IST

We would like to inform you that the 9th Annual General Meeting of the company will be held on Thursday, September 25, 2025, at 11:30 A.M., through VC or OAVM.

Board & Shareholder Meetings View source PDF

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AI summary

Poojawestern Metaliks has announced its 9th AGM to be held on Thursday, September 25, 2025, at 11:30 AM via video conferencing. The cut-off date to determine eligible shareholders is September 19, 2025, and remote e-voting will run from September 22 to September 24, 2025. Shareholders will consider adoption of audited standalone and consolidated financial statements for FY 2024-25, and a final dividend of Rs. 1 per equity share (on face value of Rs. 10) has been recommended for the year ended March 31, 2025. Other items include re-appointment of Mr. Vivek Sunil Panchmatiya as Executive Director (retire by rotation), appointment of M/s. Mittal V. Kothari & Associates as Secretarial Auditor for 5 years (FY 2025-26 to 2029-30), revision in remuneration for CMD, Whole Time Director, and one Executive Director, re-appointment of Mr. Meet Panchmatiya as Executive Director for 5 years effective November 11, 2025, and adoption of a new set of Articles of Association.

Likely market impact

Routine AGM business with a modest final dividend of Rs. 1 per share (10% on face value of Rs. 10). The re-appointments, remuneration revisions, and new Articles of Association are largely standard governance items; shareholders should watch the outcomes of the e-voting on director remuneration and AOA adoption, though none of these appear unusual or contentious based on the notice.