Enkei Wheels (India) Limited has notified BSE Limited of a forthcoming Board of Directors meeting, scheduled to be held on Tuesday, May 12, 2026, at the company's registered office located at Gat No. 1425, Village Shikrapur, Tal. Shirur, Pune, Maharashtra. The intimation, dated May 4, 2026, was filed in compliance with Regulation 29(1)(a) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The meeting has been convened to transact key financial business, with the primary agenda focused on reviewing and approving the company's audited financial results. The following table summarises the key details of the scheduled board meeting:

Agenda for the Meeting

The sole business item on the agenda is the consideration and approval of the audited financial results of Enkei Wheels (India) Limited for the quarter and year ended March 31, 2026. This filing represents a standard regulatory disclosure requirement for listed companies ahead of the publication of their annual and quarterly financial performance.

The intimation was signed by Sourav Chowdhury, Company Secretary & Compliance Officer of Enkei Wheels (India) Limited, and submitted to the Corporate Filing Department of BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Enkei Wheels (India) Limited has filed its Annual Report 2025 for the financial year ended December 31, 2025, providing comprehensive insights into the company's performance and strategic direction.

Company Overview and Operations

Established in 2009, Enkei Wheels (India) Limited operates as a prominent manufacturer of aluminium alloy wheels for two-wheelers and four-wheelers in India. The company forms part of the globally acclaimed Enkei Group, bringing over 70 years of expertise in manufacturing aluminium alloy wheels for the automotive sector.

Production Capacity and Infrastructure

The company operates a modern manufacturing unit at Pune, leveraging advanced equipment and technologies used by the Enkei Group. The facility demonstrates significant production capabilities across different product categories.

Market Position and Performance

According to the Society of Indian Automobile Manufacturers (SIAM) announcement made on January 13, 2026, automobile sales in 2025 reached 5.517 million units, representing a 5.5% increase from the previous year. This marked the fifth consecutive year of positive growth in the automotive sector.

Two-Wheeler Market Performance

The two-wheeler segment showed resilience with sales reaching 20.5 million units, a 4.9% increase from the previous year. Total production volume reached 25.479 million units, an 8.1% increase from the previous year, while export volume reached 4.939 million units, a 24.2% increase from the previous year.

Four-Wheeler Market Developments

In the passenger vehicle segment, both passenger vehicles (4.489 million units) and commercial vehicles (1.028 million units) recorded their highest-ever figures on a calendar-year basis. The UV category, which the company primarily supplies, increased by 7.4% from the previous year.

Strategic Developments and Capacity Expansion

A notable milestone in 2025 was the launch of operations at MAP2, which can produce four-wheel wheels up to 20 inches. This capital investment was made to manufacture 18/19-inch wheels for Suzuki's first EV model, the e-Vitara.

Production Capacity Enhancement

The production facility expansion project titled "Preparations For Our Future (PFF)" was fully completed in 2025. The renovation of the MAP2 plant was completed, and mass production commenced in April, establishing a production capacity of 140,000 units per month across five plants.

Financial Highlights and Corporate Information

The company is listed on the Bombay Stock Exchange (BSE) with the stock code 533477. As of December 31, 2025, the company had a market capitalisation of ₹ 8,783.43 million.

Board Composition

The company's board includes experienced directors from various backgrounds:

• Mr. Kenjiro Hama - Managing Director
• Mr. Junichi Suzuki - Non-Executive Director
• Mr. Makoto Miura - Alternate Director
• Mr. Shailendrajit Rai - Non-Executive Director
• Mr. Ratanlal Goel - Independent & Non-Executive Director
• Mr. Satchidanand Ranade - Independent & Non-Executive Director

Corporate Social Responsibility

The company has implemented meaningful corporate social responsibility initiatives to support society and local communities. The CSR programmes focus on education development and community support, demonstrating the company's commitment to responsible growth.

Future Outlook and Strategic Direction

For 2026, the company plans to install a machining sub-line to fully leverage the casting capacity of the MAC5 and MAP plants. Additionally, investments in automated deburring systems are planned to enhance productivity and improve quality. These initiatives aim to strengthen competitive differentiation and drive further sales growth.

The Enkei Group's Action Guideline for FY 2026 is "One Step Forward Again," focusing on addressing stagnation within the group, promoting change, evolution, and growth, and ultimately achieving sales expansion.