Poojawestern metaliks Limited has announced the rescheduling of its Rights Issue Committee meeting, moving the date from February 24, 2026 to February 27, 2026. The company communicated this change to BSE Limited through a formal notification under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Rescheduling Details

The postponement was attributed to the non-receipt of RI-ISIN and some unavoidable circumstances. The meeting was originally scheduled following the company's earlier communication dated February 16, 2026, regarding the Board Meeting intimation.

Rights Issue Agenda

The committee meeting is scheduled to consider various matters relating to the Rights Issue, with specific focus on determining crucial parameters for the proposed offering. The agenda includes consideration of terms and conditions such as the Issue Price and ratio of rights equity shares for the proposed Rights Issue of the company.

Key matters to be discussed include:

• Issue Price determination
• Ratio of rights equity shares
• Terms and conditions of the Rights Issue
• Other matters incidental or connected to the Rights Issue

Trading Window Restrictions

Poojawestern Metaliks Limited has maintained its trading window closure for specific categories of individuals. The trading window for dealing in the securities of the company remains closed for Connected Persons, Insiders, Designated Persons and their immediate relatives covered under the Code of Conduct.

The notification was signed by Sunil Panchmatiya, Chairman and Managing Director of the company, with DIN: 02080742. The company has requested BSE Limited to bring this rescheduling to the notice of all concerned parties.

Poojawestern Metaliks Limited has announced its board's approval for a strategic overseas acquisition aimed at expanding the company's international footprint. The Board of Directors approved entering into a definitive agreement to acquire a majority stake in a Singapore-based entity during their meeting on February 19, 2026.

Acquisition Details

The proposed transaction involves acquiring up to 51% majority stake in Saffron Feathers Pte. Ltd., a company incorporated in Singapore. The following table outlines the key parameters of the proposed acquisition:

Strategic Rationale

The proposed acquisition forms part of Poojawestern Metaliks Limited's strategic objective to expand and strengthen its presence in overseas markets. The company is particularly focused on establishing a stronger foothold in Singapore and other international jurisdictions, positioning itself for enhanced global operations.

Regulatory and Compliance Framework

The transaction remains subject to several conditions precedent that must be satisfied before completion. These include:

• Execution of definitive agreements between the parties
• Completion of comprehensive due diligence procedures
• Receipt of necessary regulatory and statutory approvals, if required
• Fulfillment of customary conditions precedent
• Compliance with all applicable laws and regulations

Transaction Status and Future Disclosures

Poojawestern Metaliks Limited emphasized that the proposed transaction may or may not be consummated, depending upon the satisfaction of the aforementioned conditions and other relevant factors. The company has committed to making appropriate disclosures to the stock exchange as and when there are further material developments regarding this acquisition, in compliance with applicable provisions of the SEBI LODR Regulations.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory compliance.