Sharvaya Metals Limited commissioned a new 10-inch aluminium extrusion press at its Ahilyanagar facility on October 5, 2026. This development completes the company's integrated value chain from alloy to finished component.

The new facility enables Sharvaya to serve high-value sectors including Defence, Aerospace, Railways, Electric Vehicles, and Engineering. By controlling the entire manufacturing process, the company aims to improve speed, quality, and economics for demanding customer programmes.

Facility capabilities

The newly installed line features a modern billet extrusion press with an integrated setup. Key components include advanced billet heating, online quenching, puller and stretcher systems, and ageing facilities. The infrastructure is designed for stringent process control, dimensional consistency, and metallurgical performance.

This addition complements existing strengths such as CNC/VMC machining centres, precision inspection equipment, and in-house die manufacturing. The facility focuses on producing high-strength and precision aluminium extrusions across various alloys.

Strategic expansion

The commissioning marks a significant milestone in the company's growth strategy. It allows the firm to cater to sophisticated requirements in construction, automotive, and industrial applications. Management emphasised a disciplined ramp-up and rapid customer qualification to convert this capability into profitable growth.

About the company

Established in 2014, the company manufactures aluminium products for domestic and international markets. Its portfolio includes alloyed ingots, billets, slabs, sheets, circles, and EV battery housings. The firm serves industries ranging from aviation and defence to cookware and consumer appliances.

Sharvaya Metals Limited concluded its 12th Annual General Meeting on September 24, 2026, adopting the financial statements for the fiscal year ended March 31, 2026. The virtual meeting saw the approval of key corporate resolutions including director appointments and auditor ratifications.

The proceedings were presided over by Shreyans Ravindra Katariya, Chairman and Managing Director. A total of 12 members attended the meeting virtually, with no proxies present. The requisite quorum was met, allowing the transaction of business in compliance with the Companies Act, 2013, and SEBI Listing Regulations.

Voting Results Breakdown

Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted detailed voting results. All four resolutions were passed with a 100% majority in favour and 0% against. The voting pattern highlights a significant concentration of power with the promoter group, which cast votes for 61,62,388 shares, while public non-institutional shareholders voted for 5,81,412 shares.

Key Resolutions Passed

The shareholders transacted both ordinary and special business as outlined in the notice convening the meeting. The following resolutions were approved:

During the consideration of Item No. 2, regarding the retirement by rotation of Mr. Katariya, he abstained from presiding over that specific agenda item due to his personal interest. Ms. Surbhi Jain, Independent Director, took the chair for this item before Mr. Katariya resumed his role.

Meeting Logistics and Voting

The meeting was held from the company's registered office in Ahilyanagar, Maharashtra. Remote e-voting facilities were provided through Bigshare Services Private Limited, commencing on September 21, 2026, and concluding on September 23, 2026. Members present at the AGM who had not voted remotely were allowed to vote electronically during the session.

No members registered as speaker members within the prescribed timeline, resulting in no questions or queries being raised during the meeting. The statutory auditors, M/s. Pukhraj & Associates, expressed their inability to attend, while representatives from M/s. DMP & Associates, acting as Secretarial Auditors and Scrutinizers, attended virtually.

Strategic Context

In his address, the Chairman highlighted the successful listing of the company’s equity shares on the BSE SME Platform on September 12, 2025, as a significant milestone during the financial year 2025-26. The board reported no qualifications, reservations, adverse remarks, or disclaimers in the Statutory Auditors' Report or the Secretarial Audit Report, indicating clean compliance records for the period.

The consolidated voting results, along with the Scrutinizer's report, are to be announced and placed on the company website in accordance with regulatory requirements.