Poojawestern Metaliks Limited concluded its 10th Annual General Meeting on September 12, 2026. The gathering approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026.

The meeting was conducted via video conferencing through the Microsoft Teams platform. It commenced at 11:53 am and concluded at 12:22 pm. Members exercised their voting rights through the National Securities Depository Limited e-voting facility.

Sunil Devram Panchmatiya, Chairman and Managing Director, chaired the session. He addressed shareholders on the economic overview, industry developments, and the company’s performance during FY25-26. He also outlined strategic initiatives and future outlooks.

Governance and Appointments

Shareholders passed ordinary resolutions to adopt the financial statements and appoint M/s B. B. Gusani & Associates as the statutory auditor. The board also fixed the auditor’s remuneration during the meeting.

Mr. Anil Devram Panchmatiya, Whole-Time Director, retired by rotation. Being eligible, he offered himself for reappointment, which members approved via an ordinary resolution.

Two special resolutions were passed for the reappointment of independent directors. Mr. Hitesh Amritlal Vishrolia and Mr. Bimal Sureshkumar Udani were reappointed for a second term of five consecutive years. Their terms begin on December 6, 2026, and November 13, 2026, respectively.

Audit Observations

The Statutory Auditor’s Report for FY25-26 contained no qualifications or observations. However, the Secretarial Audit Report included certain qualifications and observations. Management provided replies to these points, which were read out during the meeting.

M/s SCS & Co. LLP served as the scrutinizer for the votes cast during the AGM and through remote e-voting. The consolidated voting results will be declared within two working days of the meeting’s conclusion.

What the Numbers Show

The absence of qualifications in the statutory audit report signals clean compliance with accounting standards for FY26. Conversely, the presence of qualifications in the secretarial audit report indicates specific procedural or governance deviations that management addressed directly with shareholders.

Poojawestern Metaliks Limited has informed the Bombay Stock Exchange (BSE) that it has dispatched letters containing web links to its Annual Report for FY26. The notification, filed on August 25, 2026, confirms compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company sent these physical letters specifically to shareholders who have not registered their email addresses with the company or their depositories. This ensures all members have access to the financial documents ahead of the upcoming general meeting.

AGM Schedule and Voting Details

The 10th Annual General Meeting (AGM) is scheduled for Saturday, September 12, 2026, at 11:30 am. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM), adhering to Ministry of Corporate Affairs (MCA) circulars.

Remote e-voting through National Securities Depository Limited (NSDL) runs from Wednesday, September 9, 2026, at 9:00 am until Friday, September 11, 2026, at 5:00 pm. Shareholders holding shares as of the cut-off date, Saturday, September 5, 2026, are eligible to vote.

Director Reappointments

Shareholders will consider the reappointment of three directors at the AGM:

• Mr. Anil Devram Panchmatiya (DIN: 02080763): Reappointment as Whole-time Director. He retires by rotation and offers himself for reappointment. He holds 16,18,481 equity shares.
• Mr. Hitesh Amritlal Vishrolia (DIN: 09426403): Reappointment as Non-Executive Independent Director for a second five-year term starting December 6, 2026.
• Mr. Bimal Sureshkumar Udani (DIN: 06558577): Reappointment as Non-Executive Independent Director for a second five-year term starting November 13, 2026.

All three directors attended nine board meetings during FY26. Neither Mr. Vishrolia nor Mr. Udani holds shares in the company as of March 31, 2026.

Statutory Auditor Appointment

The board approved M/S. B. B. Gusani & Associates, led by CA Bhargav Bharatbhai Gusani, as the new statutory auditor. This replaces M/s. DGMS & Co., Chartered Accountants. The appointment covers a five-year term from the conclusion of the 10th AGM in 2026 until the 15th AGM in 2031. There is no material change in remuneration compared to the outgoing auditors.

Shareholder Instructions

The deemed venue for the meeting is the Registered Office at Plot No. 1, G.I.D.C. Industrial Area, Phase II, Dared, Jamnagar. The register of members and share transfer books remain open.

Shareholders without registered email addresses are urged to update their Know Your Customer (KYC) details with their Depository Participant. KYC details include name, postal address, email ID, mobile number, PAN, bank account details, mandates, nominations, and power of attorney. The Annual Report is available on the company website at www.poojametal.com under Investors > Finance > Annual Report.