Padmanabh Alloys & Polymers Ltd has re-appointed M/s. Bhanwarlal Gurjar & Co. as its cost auditor and M/s. Mody & Associates as its internal auditor for the financial year 2026-27.

The board of directors approved these appointments, along with the Board's Report for the year ended March 31, 2026, during its meeting held on September 3, 2026. The board also approved the notice for the Annual General Meeting (AGM) scheduled for September 30, 2026.

Auditor Appointments

The company confirmed continuity in its audit processes for FY27. Shri Bhanwarlal Gurjar, proprietor of M/s. Bhanwarlal Gurjar & Co., continues as the cost auditor. He has been practicing since 2012 with extensive experience in accounts, costing, and taxation.

Shri Ramesh Kumar Mody, proprietor of M/s. Mody & Associates, Chartered Accountants, was re-appointed as the internal auditor. He brings vast experience in accounting, auditing, and finance to the role.

Director Re-appointment

The board approved the re-appointment of Shri Chetankumar Mohanbhai Desai (DIN: 00051541) as a Whole-time Director, subject to shareholder approval at the AGM. He retires by rotation and is eligible for re-appointment.

Shri Desai belongs to the Promoter Category and is the uncle of Shri Hemal Rajeshbhai Desai, another Whole-time Director. He possesses approximately 30 years of experience in accounting and administration. His appointment is effective from September 30, 2026, pending member approval.

AGM Details

The board finalized the schedule for the book closure period, cut-off date, and e-voting period for the upcoming AGM. Shri Kunjal Dalal, proprietor of M/s. K. Dalal & Co., Practicing Company Secretaries, was appointed as the scrutinizer for the voting process.

Promoter Hemal Rajeshbhai Desai acquired 1,326 equity shares of Padmanabh Alloys & Polymers Limited on August 27, 2026. The purchase was executed through the open market, raising his total stake in the company to 82,543 shares.

The acquisition represents a 0.024% increase in his shareholding relative to the total voting capital. This transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Structure

Prior to this acquisition, Desai held 81,217 shares, constituting 1.500% of the company’s total voting rights. None of these shares were encumbered by pledge, lien, or other disposal undertakings.

The total equity share capital of Padmanabh Alloys & Polymers Limited remains unchanged at 54,13,300 equity shares with a face value of ₹10 each. The total diluted voting capital also stands at 54,13,300 shares, indicating no outstanding convertible securities or warrants that would alter the voting structure upon conversion.

Regulatory Compliance

The disclosure confirms that the acquirer belongs to the promoter group. The transaction did not involve any change in pledged shares or voting rights through instruments other than equity shares. The filing was submitted to both the BSE Limited and the company’s registered office in Surat.