Pradeep Metals Limited has fixed Friday, July 31, 2026, as the record date to determine shareholder eligibility for the final dividend of ₹2.50 per equity share. The dividend, equivalent to 25% of the face value of ₹10 each, is subject to shareholder approval at the 43rd Annual General Meeting (AGM) scheduled for Friday, August 7, 2026, at 3:00 p.m. IST via Video Conferencing. The payment of the dividend will commence on or after Friday, August 14, 2026.

The company reported a 9.43% increase in profit after tax (PAT) to ₹2,532.74 lakhs for the financial year ended March 31, 2026. This growth was driven by a 10.27% rise in total income to ₹33,030.79 lakhs, supported by new customer acquisitions, a diversified product mix, and cost optimization measures. The statutory auditors, M/s. KKC & Associates LLP, issued an unmodified opinion on the standalone and consolidated financial statements.

Key Financial Highlights for FY 2025-26

Corporate Actions and E-Voting

The Board has approved an investment of up to ₹250 Crores for a greenfield manufacturing facility at Butibori, Nagpur, to cater to global defense demand. Additionally, the company plans to install a 600 KW rooftop solar plant to enhance energy efficiency. E-voting for the AGM will be open from Tuesday, August 4, 2026, at 9:00 a.m. IST to Thursday, August 6, 2026, at 5:00 p.m. IST. The cut-off date to determine entitlement for e-voting is Friday, July 31, 2026.

The company has also issued letters providing a web-link for accessing the Integrated Annual Report 2025-26 to members who have not registered their email addresses. The report is available on the company's website and the websites of National Securities Depository Limited and BSE Limited. Security holders holding shares in physical mode are reminded to update their KYC details, including PAN and nomination, to ensure seamless dividend payments.

Pradeep Metals Limited has scheduled its 43rd Annual General Meeting (AGM) for Friday, August 7, 2026, at 3.00 p.m. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting will be conducted without the physical presence of shareholders in compliance with the General Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fixed Friday, July 31, 2026, as the record date to determine shareholder eligibility for dividend payment, subject to approval at the AGM.

The Notice of the 43rd AGM and the Annual Report for Financial Year 2025-26 were dispatched electronically on July 15, 2026, to members whose email addresses are registered with the company or the depositories. These documents are also available on the company's website, the websites of BSE Limited and National Stock Exchange of India Limited, and the National Securities Depository Limited (NSDL) e-voting portal.

E-voting and Participation Details

The company has engaged NSDL to provide remote e-voting facilities and participation through VC/OAVM. Shareholders whose names appear in the Register of Members or the records of depositories as on the cut-off date of Friday, July 31, 2026, are entitled to vote. Members who have not cast their votes remotely may exercise their voting rights through the e-voting system during the AGM.

Members holding shares in physical form who have not registered their email addresses are requested to send a signed request letter to the Registrar and Transfer Agent, MFUG Intime India Private Limited. For queries regarding the AGM or e-voting, members may contact Mr. Abhishek Joshi, Company Secretary, or the NSDL helpline.