Simplex Castings hosts plant visit and analyst meet on Sep 29

0 min read | Published on 18 Sept 2026, 07:18 PM |Updated on 18 Sept 2026, 07:18 PM

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Ashish TScanX News Team

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Key Highlights

Simplex Castings hosts plant visit on September 29, 2026
Event organized by Merlin Capital Advisors for buy-side funds
Location is Bhilai, Chhattisgarh
No unpublished price-sensitive info to be shared

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

Simplex Castings Limited will host a plant visit and analyst interaction on September 29, 2026, in Bhilai, Chhattisgarh.

The event is organized by Merlin Capital Advisors and is open to buy-side funds and family offices. The company confirmed the schedule via a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Event Details

The interaction aims to provide investors with insights into the company’s operations at its Bhilai facility. The company noted that the schedule may change due to unexpected exigencies.

Detail	Information
Date	September 29, 2026
Organizer	Merlin Capital Advisors
Participants	Buy-side funds, family offices
Location	Bhilai, Tedesara, Chhattisgarh
Type	Plant visit and analyst interaction

Simplex Castings emphasized that no unpublished price-sensitive information will be shared during the meeting. The disclosure was signed by Chandra Shekhar Sahu, Company Secretary.

How might the insights shared during the Bhilai plant visit influence Simplex Castings' valuation among buy-side funds and family offices?

What specific operational efficiencies or capacity expansions at the Chhattisgarh facility could be highlighted to attract institutional investment?

Could this targeted investor engagement signal upcoming strategic partnerships or capital expenditure plans for Simplex Castings?

Simplex Castings declares 46th AGM voting results; all resolutions pass

1 min read | Published on 16 Sept 2026, 05:50 PM |Updated on 17 Sept 2026, 05:06 PM

Reviewed by

Ashish TScanX News Team

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Key Highlights

Simplex Castings declares final voting results for its 46th AGM held on September 16, 2026
All six resolutions passed, including the appointment of Mrs Smita Thakur as independent director
Promoter group voted 99.07% of outstanding shares; public participation was minimal
Total shareholder base stood at 7,321 as on the record date of September 9, 2026

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

Simplex Castings Limited declared the consolidated voting results for its 46th Annual General Meeting held on September 16, 2026. All six resolutions proposed at the meeting were passed by shareholders.

The company reported a total of 7,321 shareholders on the record date of September 9, 2026. Voting participation was driven primarily by the promoter group, which held 20,645,630 shares and cast votes representing 99.07% of their outstanding holding. Public non-institutional shareholders, holding 17,110,781 shares, participated with a poll rate of 0.14%. No public institutional shares were voted.

Key Resolutions Passed

Shareholders approved ordinary and special resolutions covering financial statements, director appointments, and auditor mandates. The detailed voting breakdown for each resolution is outlined below.

Resolution Description	Type	Votes In Favour	Votes Against	Outcome
Adoption of audited financial statements for FY26	Ordinary	20,478,455	5	Passed
Re-appointment of Mr Sajal Kumar Ghosh as Director	Ordinary	20,478,455	5	Passed
Appointment of Statutory Auditor (casual vacancy)	Ordinary	20,478,455	5	Passed
Appointment of Statutory Auditor for five years	Ordinary	20,478,455	5	Passed
Ratification of remuneration to Cost Auditor	Ordinary	20,478,455	5	Passed
Appointment of Mrs Smita Thakur as Independent Director	Special	20,477,955	505	Passed

Governance and Compliance

Ms Meena Naidu of Meena Naidu & Associates served as the Scrutinizer for the e-voting process. The remote e-voting facility was available from September 13, 2026, to September 15, 2026. The Scrutinizer’s report confirmed that all resolutions were passed by the requisite majority under Section 108 of the Companies Act, 2013.

The Statutory Auditor's Report and Secretarial Audit Report for the financial year ended March 31, 2026, contained no qualifications or adverse observations. The meeting was chaired by Mr Avinash Hariharno, Whole-time Director.

How might the extremely low public shareholder participation rate of 0.14% impact Simplex Castings' corporate governance dynamics and minority shareholder protections in the future?

What strategic initiatives or operational changes is the newly appointed Independent Director, Mrs Smita Thakur, expected to bring to the board's oversight capabilities?

Given the clean audit reports for FY26, what specific growth targets or margin improvement strategies has management outlined for FY27 in response to current market conditions?