Poojawestern Metaliks Limited will hold its 10th Annual General Meeting (AGM) on Saturday, September 12, 2026, at 11:30 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (OVAM) in compliance with Ministry of Corporate Affairs and SEBI circulars. The cut-off date for ascertaining members entitled to vote electronically is Saturday, September 5, 2026.

Director Reappointments

The board has recommended three key director appointments for shareholder approval at the AGM:

• Mr. Anil Devram Panchmatiya (DIN: 02080763): Reappointment as Whole-time Director. He retires by rotation at the ensuing AGM and, being eligible, offers himself for reappointment. He is the longest-serving member on the Board.
• Mr. Hitesh Amritlal Vishrolia (DIN: 09426403): Reappointment as Non-Executive Independent Director for a second term of five consecutive years, commencing December 6, 2026.
• Mr. Bimal Sureshkumar Udani (DIN: 06558577): Reappointment as Non-Executive Independent Director for a second term of five consecutive years, commencing November 13, 2026.

All three directors attended nine board meetings during the financial year ended March 31, 2026. Neither Mr. Vishrolia nor Mr. Udani holds any shareholding in the company as of March 31, 2026, while Mr. Panchmatiya holds 16,18,481 equity shares.

Statutory Auditor Appointment

On the recommendation of the Audit Committee, the board approved the appointment of M/S. B. B. Gusani & Associates, a proprietary concern led by CA Bhargav Bharatbhai Gusani, as the statutory auditor. This replaces the retiring auditor, M/s. DGMS & Co., Chartered Accountants.

The appointment is for a term of five consecutive years, starting from the conclusion of the 10th AGM in 2026 until the conclusion of the 15th AGM in 2031. The firm holds ICAI Firm Registration No. 140785W. There is no material change in the proposed remuneration compared to that paid to the outgoing auditors.

AGM Logistics and Voting

The deemed venue of the meeting is the Registered Office of the Company at Plot No. 1, G.I.D.C. Industrial Area, Phase II, Dared, Jamnagar. Key logistical approvals included:

• Appointment of National Securities Depository Limited (NSDL) as the Remote E-Voting Agency.
• Appointment of M/s. SCS and Co. LLP as the Scrutinizer for the e-voting process.
• Approval of the draft Directors' Report for FY26 along with annexures.

Remote e-voting will commence on Wednesday, September 9, 2026, at 9:00 am and end on Friday, September 11, 2026, at 5:00 pm. Members holding shares as on the cut-off date are eligible to vote.

Poojawestern Metaliks Limited shareholders have approved two special resolutions through a remote e-voting process concluded on August 16, 2026. The company announced the final voting results on August 18, 2026, confirming that both proposals received the requisite majority under the Companies Act, 2013.

The approved resolutions authorize the conversion of outstanding unsecured loans against subscription money payable towards rights equity shares. Additionally, shareholders sanctioned the issue of partly paid-up equity shares on a rights basis. SCS and Co. LLP served as the independent scrutinizer for the postal ballot process.

Voting Breakdown

A total of 71 shareholders participated in the e-voting process, representing 62.4% of the eligible shares as of the cut-off date of July 10, 2026. The promoter group demonstrated strong support for the corporate action, while public non-institutional shareholders expressed significant dissent.

The promoter group, holding 5,895,019 shares, cast 5,886,419 votes in favor, resulting in a 100% approval rate for this segment. In contrast, public non-institutional shareholders, who held 4,246,981 shares, voted 408,679 shares against the resolution, representing 92.28% of their polled votes.

What the Numbers Show

The voting pattern reveals a sharp divergence in shareholder sentiment based on ownership category. While the promoter group provided complete backing for the capital restructuring, the public non-institutional segment opposed the measures by a wide margin. This split highlights differing perspectives on the proposed conversion of unsecured loans and the dilution implications of the partly paid-up rights issue among minority investors.

Process Details

The remote e-voting window opened on July 18, 2026, at 9:00 am and closed on August 16, 2026, at 5:00 pm. Notices were dispatched electronically to members registered with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). The scrutinizer confirmed that all procedural requirements under Section 108 and Section 110 of the Companies Act, 2013, were duly complied with.