Pursuant to Regulation 30 & 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We are enclosed herewith the Annual Report of the Company including the Notice ....
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Porwal Auto Components Ltd has submitted its Annual Report for the financial year ended March 31, 2025, along with the Notice convening its 33rd Annual General Meeting (AGM) on Friday, 26th September 2025 at 1:00 PM (IST), to be held via Video Conference. The AGM agenda includes adoption of audited financial statements, ratification of Cost Auditor remuneration of Rs. 35,000 for FY2025-26, and appointment of Mrs. Shraddha Jain as Secretarial Auditor for five years (FY2025-30). A significant agenda item is the alteration of the Object Clause of the Memorandum of Association to include renewable energy business — solar, wind, hydel, biomass, tidal energy, battery storage, and related power generation and sale. Additionally, Mr. Mukesh Jain (Chairman) and Mr. Devendra Jain (Managing Director) are being reappointed for three years from August 2026 to July 2029; both are over 70 years of age, requiring special resolutions.
For shareholders, the most notable signal is the company's proposed diversification into renewable energy, which could expand the business beyond auto components. Director reappointments ensure continuity, while the passing of founder Mr. Surendra Jain (1952–2024), to whom the report is dedicated, marks a leadership transition. No major financial surprises or dividend announcements are highlighted in this filing.