Precision Camshafts Limited has recommended a final dividend of ₹1 per equity share of ₹10 each for the financial year ended March 31, 2026. If approved by shareholders, the total cash outflow will amount to ₹949.86 Lakhs. The dividend will be paid on or before August 28, 2026, subject to the deduction of Tax Deducted at Source (TDS). The record date to determine shareholder eligibility is Thursday, July 23, 2026.

The company has scheduled its 34th Annual General Meeting (AGM) for Thursday, July 30, 2026, at 3:00 PM IST. The meeting will be conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) without physical presence. Shareholders will consider the adoption of audited standalone and consolidated financial statements for FY26 and the declaration of the final dividend. The Register of Members and Share Transfer Books will remain closed from Friday, July 24, 2026, to Thursday, July 30, 2026.

Executive Remuneration

The AGM notice includes special resolutions seeking shareholder approval for remuneration paid to executive directors in excess of limits specified under Section 197 and Schedule V of the Companies Act, 2013 for FY26, citing inadequacy of profits. The aggregate remuneration paid to the Managing Director and Whole-time Directors for FY26 was ₹661.88 Lakhs, against an aggregate permissible limit of ₹530.00 Lakhs, resulting in excess remuneration of ₹131.88 Lakhs.

The Board seeks approval for remuneration limits for FY27 for the following directors:

Additionally, the company seeks ratification for the remuneration of M/s. S. V. Vhatte & Associates, Cost Accountants, for the financial year ending March 31, 2027, at a proposed remuneration of ₹1,50,000 plus taxes and out-of-pocket expenses.

E-Voting and Meeting Details

Remote e-voting will commence on Monday, July 27, 2026, at 9:00 AM and conclude on Wednesday, July 29, 2026, at 5:00 PM. Shareholders whose names appear in the register of members as on the record date of July 23, 2026, are eligible to vote. Physical attendance is dispensed with, and no proxy appointments are permitted. Mr. Jayavant B. Bhave, Proprietor of M/s J. B. Bhave and Co., Company Secretaries, has been appointed as the scrutinizer for the e-voting process.

Precision Camshafts Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing key environmental and governance metrics. The company reported that renewable energy constituted 44% of its total electricity consumption during the year, surpassing its target for 2030. Additionally, the entity achieved zero violations of compliance for three consecutive years, reinforcing its commitment to regulatory adherence and operational integrity.

The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's performance across environmental, social, and governance parameters. The report covers standalone operations for the period from April 1, 2025, to March 31, 2026. TUV SUD South Asia provided limited assurance for the essential indicators disclosed in the report.

Operational and Financial Overview

precision camshafts operates manufacturing facilities in Solapur and a corporate office in Pune, employing 713 permanent employees and 470 permanent workers. The company derives 100% of its turnover from the manufacturing of metal and metal products, specifically camshafts for the automotive industry. Exports contributed 35% to the total turnover, with markets spanning 17 countries.

The company’s paid-up capital stood at ₹94.98 crore. It listed its shares on BSE Limited and National Stock Exchange of India Limited. The report identifies health and safety, customer satisfaction, and climate change as material issues, with strategies in place to mitigate associated risks.

Environmental Performance

The company reported a total energy consumption of 3,20,375.48 GJ for FY 2025-26, comprising 76,487.74 GJ from renewable sources and 2,43,887.74 GJ from non-renewable sources. Energy intensity per rupee of turnover was recorded at 5.54. Water consumption totaled 81,988.42 kilolitres, an increase from the previous year attributed to the installation of additional induction hardening machines and expansion of green cover.

Greenhouse gas emissions included 4,705.42 metric tonnes of CO2 equivalent for Scope 1 and 33,845.67 metric tonnes for Scope 2. The company has implemented a Zero Liquid Discharge (ZLD) mechanism across its manufacturing operations. Total waste generated amounted to 15.47 metric tonnes, with 6.2 metric tonnes recycled and 7.546 metric tonnes sent to landfill.

Key Environmental Metrics

Social and Governance Disclosures

The company maintained 100% health and accident insurance coverage for all permanent employees and workers. Women constituted 44% of the Board of Directors, though there was no female representation among Key Managerial Personnel. The Lost Time Injury Frequency Rate (LTIFR) was 0.385 for employees and 0.679 for workers. No complaints were reported regarding sexual harassment, discrimination, or child labour during the year.

On the governance front, the company reported no fines, penalties, or settlements for the financial year. It confirmed that all manufacturing units are certified for ISO 9001, ISO 14001, and ISO 45001. The report also notes that the company did not conduct a Life Cycle Assessment (LCA) for its products but accounts for its organization-wide carbon footprint annually.