Poojawestern Metaliks Limited has closed its trading window for insiders starting Thursday, October 1, 2026. The restriction will remain in effect until 48 hours after the company declares its financial results for the quarter and half year ended September 30, 2026.

Regulatory compliance and timeline

The closure is implemented pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's Code of Internal Procedures and Conduct for Prevention of Insider Trading in Securities. This measure ensures that designated persons do not trade in equity shares while in possession of unpublished price-sensitive information regarding the upcoming earnings report.

All Designated Persons have been formally informed to refrain from dealing in the securities of the company during this specified period. The communication was issued by Sunil Devram Panchmatiya, Chairman & Managing Director, from Jamnagar on September 28, 2026.

Key dates and restrictions

This procedural step is standard practice for listed companies to maintain market integrity and prevent insider trading violations during critical reporting periods.

Poojawestern Metaliks Limited declared the consolidated voting results for its 10th Annual General Meeting (AGM), held via video conferencing on September 12, 2026. Shareholders passed all five resolutions with near-unanimous support, approving the appointment of a statutory auditor and the reappointment of two independent directors.

The meeting commenced at 11:53 am and concluded at 12:22 pm. Voting was conducted through the National Securities Depository Limited (NSDL) e-voting facility. M/s SCS & Co. LLP served as the scrutinizer for the votes cast during the AGM and through remote e-voting.

Voting Participation and Results

As of the record date of September 5, 2026, the company had 10,030 shareholders. A total of 6,138,651 votes were polled out of 10,142,000 shares held, representing a 60.53% participation rate on outstanding shares.

Promoter and promoter group shareholders held 5,895,019 shares and polled 5,886,419 votes (99.85% of their holdings). Public non-institutional shareholders held 4,246,981 shares and polled 252,232 votes (5.94% of their holdings). No public institutional shareholders participated in the voting.

Resolutions Passed

Shareholders approved all ordinary and special resolutions with minimal dissent. Only 17 votes were cast against any of the resolutions, accounting for less than 0.01% of total votes polled.

Mr. Anil Devram Panchmatiya, Whole-Time Director, retired by rotation and was reappointed. Two independent directors, Mr. Hitesh Amritlal Vishrolia and Mr. Bimal Sureshkumar Udani, were reappointed for a second term of five consecutive years effective December 6, 2026, and November 13, 2026, respectively.

The company appointed M/s B. B. Gusani & Associates, a proprietary concern led by CA Bhargav Bharatbhai Gusani, as its Statutory Auditor for a term of five years. The firm holds ICAI Firm Registration No. 140785W and offers services in audit, tax, and statutory compliance.

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.

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.

What the Numbers Show

The voting data reveals a stark divergence in engagement between promoter and public shareholders. While promoters voted on 99.85% of their holdings, public non-institutional shareholders participated at only 5.94%. Despite this low public turnout, the promoter group’s decisive control ensured that all governance changes, including board reappointments and auditor approvals, faced negligible opposition.