Poojawestern Metaliks Limited has secured a significant international purchase order worth USD 61,215.35, marking a notable expansion in its overseas business operations. The company announced this development through a regulatory filing under SEBI Regulation 30, highlighting the order's potential to strengthen its customer base and enhance profitability.

Order Details and Specifications

The purchase order, dated January 27, 2026, was received from Puteus GmbH for supplying brass sanitary parts to TV Logistic & Service GmbH & Co KG. The order notification was communicated via email on January 30, 2026.

Payment and Execution Terms

The contract establishes clear payment and delivery parameters for the international transaction. Payment will be executed within 30 days from the issuance of the bill of lading, providing the company with a structured cash flow timeline. The order must be shipped by March 14, 2026, giving Poojawestern Metaliks approximately six weeks for production and logistics coordination.

Regulatory Compliance and Transparency

The company has confirmed that this transaction does not involve any related party interests. Neither the promoter, promoter group, nor group companies have any interest in Puteus GmbH, ensuring the deal maintains arm's length transaction status. This international order falls outside the scope of related party transactions, maintaining full regulatory compliance.

Strategic Business Impact

Poojawestern Metaliks views this international order as a significant step forward for its business operations. The company expressed confidence in its ability to execute the project efficiently while expecting the order to contribute positively to overall profitability. This overseas engagement represents an opportunity to diversify the customer base beyond domestic markets and establish stronger international business relationships.

Poojawestern Metaliks Limited has addressed shareholder concerns regarding non-receipt of dividend payments through a formal clarification submitted to BSE Limited on December 19, 2025. The company responded to grievances received from shareholders who expected dividend payments for the financial year ended March 31, 2025.

Board Recommendation and Shareholder Decision

The Board of Directors had initially recommended a final dividend during their meeting held on May 27, 2025. The recommendation details are outlined below:

However, the proposed dividend resolution failed to receive the requisite shareholder approval at the Annual General Meeting held on September 25, 2025. As a result, no dividend was declared or paid to shareholders for the financial year.

Official Confirmation and Documentation

The rejection of the dividend proposal has been officially documented and verified. The Scrutinizer's Report issued by M/s. SCS and Co. LLP dated September 29, 2025, confirms that the resolution pertaining to dividend declaration did not receive the required shareholder approval. This report was duly submitted to the Stock Exchange and made available to the public, ensuring transparency in the process.

Company's Response to Shareholder Concerns

Poojawestern Metaliks Limited has been actively responding to grievances received from shareholders regarding the dividend matter. The company has committed to:

• Continue addressing shareholder concerns in a timely manner
• Maintain transparency in all communications
• Ensure compliance with applicable laws and regulations
• Provide appropriate responses to shareholder queries

Future Dividend Policy and Commitment

The Board of Directors has reaffirmed its commitment to long-term shareholder value creation. The company stated that it will continue to review dividend declarations in future years, with decisions based on several key factors:

The clarification serves to inform shareholders about the circumstances surrounding the dividend non-payment and demonstrates the company's commitment to transparent communication with its stakeholder community.