Enkei Wheels (India) Limited has issued a corrected disclosure to BSE Limited regarding the schedule for its 17th Annual General Meeting, addressing a typographical error in its previous communication and providing updated details about the corporate event.

Corrected AGM Schedule and Venue

The company has corrected the date for its 17th Annual General Meeting, which will now be conducted on Thursday, April 16, 2026. The meeting will take place at the company's registered office located at Gat no. 1425, Village Shikrapur, Tal. Shirur, Pune-412208, Maharashtra. In its official communication dated March 24, 2026, the company acknowledged that the previously announced date of March 23, 2026 was a typographical error.

Book Closure Period for Shareholders

Enkei Wheels (India) Limited has maintained the same book closure period despite the AGM date correction. The Register of Members will remain closed from Friday, April 10, 2026 to Thursday, April 16, 2026, with both days being inclusive. This alignment ensures that the book closure period concludes on the same day as the AGM.

Regulatory Compliance and Official Documentation

This corrected announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The official communication was addressed to the General Manager, Corporate Filling Department, BSE Limited at P.J. Towers, Dalal Street, Mumbai-400001, referencing the company's scrip code 533477. The company specifically noted in its disclosure that the correction was necessary due to a typographical error in the last disclosure.

Company Secretary Sourav Chowdhury digitally signed the corrected communication on March 24, 2026, at 08:46:18 +05'30', ensuring proper documentation and regulatory adherence for the updated information.

Company Profile and Certifications

Enkei Wheels (India) Limited operates with CIN L34300PN2009PLC133702 and maintains its factory and registered office at the same location in Pune, Maharashtra. The company holds multiple international quality certifications including ISO 45001:2018, IATF 16949:2016, and ISO 14001:2015, demonstrating its commitment to occupational health and safety, automotive quality management, and environmental management standards respectively.

Enkei Wheels (India) Limited has announced its audited financial results for the year ended December 31, 2025, under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The automotive wheels manufacturer delivered exceptional performance with significant improvements across all key financial metrics, demonstrating strong operational recovery and market positioning.

Outstanding Q3 Performance Turnaround

The third quarter results demonstrated remarkable operational turnaround with the company achieving strong profitability and margin expansion. The quarter showcased significant improvement in operational efficiency and market demand recovery, marking a complete reversal from the previous year's loss position.

Strong Annual Financial Performance

The company achieved remarkable growth in both revenue and profitability during FY25. The audited results showcase the effectiveness of operational strategies and improved market demand in the automotive wheels segment.

Fourth Quarter Performance Highlights

The fourth quarter performance demonstrated continued improvement compared to the corresponding period last year. The company successfully maintained profitability momentum established in the third quarter.

Impact of New Labour Codes

The company recorded exceptional items of ₹45.84 million during FY25, primarily related to compliance with new Labour Codes. This impact arose from the Government of India's notification of four Labour Codes on November 21, 2025, consolidating 29 existing labour laws. The incremental employee benefits cost primarily resulted from changes in wage definitions under the new regulations.

Strong Balance Sheet and Corporate Governance

The company maintained robust financial health with total assets increasing to ₹6,050.26 million as of December 31, 2025, compared to ₹5,637.48 million in the previous year. Shareholders' equity strengthened to ₹2,396.63 million from ₹2,354.34 million, reflecting improved retained earnings and financial stability.

The statutory auditors Kirtane & Pandit LLP issued an unmodified audit opinion on the financial statements, confirming the accuracy and compliance of the reported results with applicable accounting standards and regulatory requirements.