Poojawestern Metaliks Limited held its 10th Annual General Meeting (AGM) on Saturday, September 12, 2026 through Video Conferencing via Microsoft Teams Platform. The meeting commenced at 11:53 A.M. IST and concluded at 12:22 P.M. IST, lasting 29 minutes.
The meeting was chaired by Mr. Sunil Devram Panchmatiya, Chairman and Managing Director (DIN: 02080742). Other directors present included:
- Mr. Anil Devram Panchmatiya (Whole-time Director, DIN: 02080763)
- Mr. Vivek Sunil Panchmatiya (Executive Director)
- Mr. Meet Panchmatiya (Executive Director)
- Mr. Amit Pravinbhai Karia (Non-Executive Independent Director)
- Mr. Bimal Sureshkumar Udani (Non-Executive Independent Director, DIN: 06558577)
- Ms. Nayna Dwarkadas Kanani (Non-Executive Independent Director)
- Mr. Hitesh Amritlal Vishrolia (Non-Executive Independent Director, DIN: 09426403)
Also present were Mr. Hitesh Rasiklal Khakhkhar (Chief Financial Officer), Mr. Tejus Rameshchandra Pithadiya (Company Secretary & Compliance Officer), and authorized representatives of Statutory Auditors M/s. D.G.M.S & Co, Secretarial Auditor M/s. Mittal V. Kothari & Associates, and Scrutinizer M/s. SCS and Co. LLP.
Remote electronic voting facility was enabled by National Securities Depository Limited (NSDL) for members who had not already voted through the e-voting platform. This facility remained available until 15 minutes after the closure of the meeting.
M/s. SCS & Co. LLP, Company Secretaries (M. No.: F14118, COP: 23630), were appointed as Scrutinizer to scrutinize votes cast during the AGM and through remote e-voting. The consolidated voting results will be declared within two working days of the meeting conclusion and made available on the company's website.
Mr. Sunil Devram Panchmatiya addressed shareholders, sharing:
- Economic overview and industry developments
- Business Performance for FY 2025-26
- Consolidated Performance
- Strategic Initiatives
- Future outlook
- Appreciation to employees, customers, business partners, and shareholders
The following resolutions were considered:
1. Ordinary Resolution: Adoption of Audited Standalone & Consolidated Financial Statements for the financial year ended March 31, 2026
2. Ordinary Resolution: Reappointment of Mr. Anil Devram Panchmatiya (DIN: 02080763) as Whole-time Director, who retires by rotation
3. Ordinary Resolution: Appointment of M/S. B. B. Gusani & Associates, Proprietary Concern, as Statutory Auditor and fixation of their remuneration
4. Special Resolution: Reappointment of Mr. Hitesh Amritlal Vishrolia (DIN: 09426403) as Non-executive Independent Director for a second term of five consecutive years effective December 06, 2026
5. Special Resolution: Reappointment of Mr. Bimal Sureshkumar Udani (DIN: 06558577) as Non-Executive Independent Director for a second term of five consecutive years effective November 13, 2026
The Secretarial Audit Report for FY 2025-26 containing certain qualifications/observations, along with management's replies, was read at the meeting. The Statutory Auditor's Report for FY 2025-26 contained no qualifications or observations.
Registered shareholder speakers were invited to raise questions, which were addressed by management. Additional queries can be sent to info@poojametal.com.
The video recording of the AGM will be available on the company website at www.poojametal.com.