M M Forgings Limited will hold its 80th Annual General Meeting on August 8, 2026, at 3.00 p.m. IST via Video Conferencing and Other Audio-Visual Means. The meeting will transact business including the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The Board has recommended a final dividend of ₹4 per equity share for the financial year, aggregating to ₹19.32 crore.

The Annual Report details the audited financial results, which show a total income of ₹1,56,950.39 lakh for FY26, compared to ₹1,50,650.77 lakh in the previous year. Profit after tax for the period stood at ₹11,386.30 lakh. The company has also sought ratification for the remuneration of the Cost Auditor, Shri. S. Hariharan, for FY27, fixed at ₹75,000.

Key AGM Dates

The agenda includes the re-appointment of Smt. Sumita Vidyashankar and Shri. Ramnath Nagarajan, Directors who retire by rotation and are eligible for re-appointment. The corporate office of M M Forgings Limited is located at SVK Towers, 8th Floor, A25 Industrial Estate, Guindy, Chennai - 600032, India. The company is certified to IATF 16949:2016 and ISO 9001:2015 standards.

M M Forgings has filed the certified copy of the National Company Law Tribunal (NCLT) order sanctioning its amalgamation with D V S Industries Private Limited, marking the completion of the merger process. The order was filed with the Registrar of Companies, Tamil Nadu, in the prescribed Form INC-28 on 09 July 2026. Consequently, the transferor company, D V S Industries Private Limited, stands dissolved with immediate effect following the sanction.

The filing was made pursuant to the applicable provisions of the Companies Act, 2013 and Clause 3.5 of the Scheme of Amalgamation. M M Forgings had previously intimated the exchanges regarding the developments on 29 June 2026. The submission to the Registrar of Companies formalises the tribunal's approval, integrating the operations of D V S Industries Private Limited into M M Forgings.

Key Details of the Filing

The amalgamation scheme has now received the necessary judicial and regulatory approvals. With the filing of the certified true copy of the NCLT order, the corporate action moves to its final stage of implementation. The dissolution of D V S Industries Private Limited is effective as per the tribunal's sanction.