Padmanabh Alloys & Polymers has scheduled a meeting of its Board of Directors for Thursday, September 3, 2026. The gathering aims to approve the annual report and finalize key appointments for the upcoming fiscal year.

The company issued the intimation to BSE Limited on August 27, 2026. Chetankumar Mohanbhai Desai, the whole-time director, signed the communication.

Agenda Highlights

The Board will consider and approve several critical items during the session:

• The Board’s Report for the year ended March 31, 2026.
• The Notice of the Annual General Meeting (AGM) for the same period.
• Appointment of M/s. Bhanwarlal Gurjar & Co. as Cost Auditors for verifying cost records for 2026-27.
• Appointment of M/s. Mody & Associates, Chartered Accountants, as internal auditors for 2026-27.
• Appointment of M/s. K. Dalal & Co., Practicing Company Secretaries, as scrutinizers for voting at the ensuing AGM.

The Board will also address any other business with the permission of the Chairman.

Padmanabh Alloys & Polymers promoter Hemal Rajeshbhai Desai acquired 2,065 equity shares in the open market on August 20, 2026. The transaction increased his stake to 1.494% of the total voting capital.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Desai, who is part of the promoter group, made the purchase through open market transactions.

Shareholding Changes

Before the transaction, Desai held 78,818 shares, representing 1.456% of the company’s total voting rights. None of these shares were encumbered or pledged.

The purchase added 0.038% to his existing holding. The total equity share capital of Padmanabh Alloys remains unchanged at 5,413,300 equity shares with a face value of ₹10 each.

What the Numbers Show

The acquisition represents a marginal increase in promoter ownership without altering the overall capital structure. With no encumbrances reported on either the pre-existing or newly acquired shares, the promoter’s net voting position strengthened slightly while maintaining a clean balance sheet regarding pledged collateral.