Poojawestern Metaliks Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 08 Apr 2026, 03:52 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Poojawestern Metaliks Limited filed its Q4FY26 certificate under SEBI Regulation 74(5) on April 07, 2026, covering the quarter ended March 31, 2026. The certificate from RTA Bigshare Services confirmed no securities were received for dematerialization during the period. This regulatory filing demonstrates the company's compliance with mandatory quarterly reporting requirements for listed entities.

powered bylight_fuzz_icon
37146133

*this image is generated using AI for illustrative purposes only.

Poojawestern Metaliks Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, marking the completion of Q4FY26 reporting obligations.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI regulations on April 07, 2026. This certificate was issued by Bigshare Services Private Limited, which serves as the company's Registrar and Share Transfer Agent (RTA).

Filing Details: Information
Filing Date: April 07, 2026
Quarter Covered: March 31, 2026 (Q4FY26)
Security Code: 540727
Security ID: POOJA
RTA: Bigshare Services Private Limited

Certificate Confirmation

Bigshare Services Private Limited confirmed in their certificate dated March 31, 2026 that no securities were received from depository participants for dematerialization during the reporting period. The RTA specifically stated that since no securities were received for dematerialization, no certificates were mutilated and cancelled, and consequently, there was no substitution of depository names in the register of members.

Company Leadership

The filing was signed by Sunil Devram Panchmatiya, Chairman and Managing Director of Poojawestern Metaliks Limited, with DIN 02080742. The document was digitally signed on April 07, 2026, from the company's location in Jamnagar.

Corporate Information

Poojawestern Metaliks Limited operates from Plot No.1, G.I.D.C. Industrial Area, Phase II, Dared, Jamnagar - 361004, Gujarat. The company holds CIN L27320GJ2016PLC094314 and maintains its corporate website at www.poojametal.com . This quarterly filing represents part of the company's ongoing compliance with SEBI regulations governing depositories and participants in the Indian securities market.

Historical Stock Returns for Poojawestern Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-0.58%+9.35%-27.52%-17.34%+0.39%

What factors might explain the absence of dematerialization activity for Poojawestern Metaliks during Q4FY26?

How could the company's zero dematerialization activity impact its stock liquidity and trading volumes in upcoming quarters?

Will Poojawestern Metaliks consider initiatives to encourage more investors to convert physical shares to demat form?

like15
dislike

Poojawestern Metaliks Withdraws ₹1622.72 Lakh Rights Issue After Board Decision

2 min read     Updated on 03 Mar 2026, 08:04 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Poojawestern Metaliks Limited announced the complete withdrawal of its proposed ₹1622.72 lakh rights issue following a board decision on March 3, 2026. The withdrawal came just days after the Rights Issue Committee had approved detailed terms including 81,13,600 partly paid-up equity shares at ₹20 per share with a 4:5 entitlement ratio and a scheduled opening date of March 17, 2026.

powered bylight_fuzz_icon
33491513

*this image is generated using AI for illustrative purposes only.

Poojawestern Metaliks Limited has announced the withdrawal of its proposed rights issue worth ₹1622.72 lakhs, following a board decision on March 3, 2026. The company informed BSE Limited that the Board of Directors decided not to proceed with the Rights Issue of Equity Shares, effectively withdrawing the comprehensive equity offering that was approved just days earlier.

Rights Issue Withdrawal Decision

The withdrawal comes merely four days after the Rights Issue Committee meeting on February 27, 2026, where the company had approved detailed terms and conditions for the equity offering. The board's decision to abandon the rights issue represents a significant strategic shift from the previously announced fundraising plans.

Decision Timeline: Details
Rights Issue Approval: February 27, 2026
Withdrawal Decision: March 3, 2026
Notification to BSE: March 3, 2026
Status: Completely withdrawn

Previously Approved Rights Issue Structure

Before the withdrawal, the Rights Issue Committee had approved the issuance of 81,13,600 partly paid-up equity shares with a face value of ₹10 each at an issue price of ₹20 per share, including a premium of ₹10 per share. The committee had established a rights entitlement ratio of 4:5, meaning eligible shareholders would have received four rights equity shares for every five existing equity shares held.

Original Issue Parameters: Details
Total Shares: 81,13,600 partly paid-up equity shares
Face Value: ₹10 per share
Issue Price: ₹20 per share (including ₹10 premium)
Total Amount: ₹1622.72 lakhs
Entitlement Ratio: 4:5 (4 new shares for every 5 held)

Planned Timeline Now Cancelled

The previously scheduled rights issue timeline, which included an opening date of March 17, 2026 and closing date of April 1, 2026, has been completely cancelled following the withdrawal decision. The last date for on-market renunciation of rights entitlements that was set for March 26, 2026 is no longer applicable.

Cancelled Schedule: Original Dates
Issue Opening Date: Tuesday, March 17, 2026
Last Date for Renunciation: Thursday, March 26, 2026
Issue Closing Date: Wednesday, April 1, 2026
Current Status: Withdrawn

Regulatory Compliance and Communication

The company has maintained regulatory compliance by promptly informing BSE Limited about the withdrawal decision under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Sunil Devram Panchmatiya, Chairman & Managing Director, ensuring proper corporate governance protocols were followed in communicating this significant development to stakeholders.

Historical Stock Returns for Poojawestern Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-0.58%+9.35%-27.52%-17.34%+0.39%
like15
dislike

More News on Poojawestern Metaliks

1 Year Returns:-17.34%