Investment & Precision Castings Ltd

AGM Details

• Date and time: 13 August 2026, 16:30 hours.
• Mode: Physical meeting at Hotel Sarovar Portico, Bhavnagar.
• Quorum: more than the required 30 members attended.
• E-voting window: 10–12 August 2026; 53.43% votes received before AGM.
• Scrutinizer: CS Devesh Mehta appointed for e-voting and poll.
• AGM concluded: 4:45 PM on 13 August 2026.

Key Resolutions

• Adoption of Audited Financial Statements (standalone & Consolidated) for year ended 31 March 2026 (Ordinary).
• Dividend declaration: 10% (Rs.1 per share) for FY 2025-26 (Ordinary).
• Re-appointment of Director Vishakha P. Tamboli (Ordinary).
• Ratification of remuneration of Cost Auditor (Ordinary).
• Increase in overall managerial remuneration of Directors (Special).

Voting Results

• Resolution 1: Outcome not disclosed in document.
• Resolution 2: Outcome not disclosed in document.
• Resolution 3: Outcome not disclosed in document.
• Resolution 4: Outcome not disclosed in document.
• Resolution 5: Outcome not disclosed in document.

Dividend Details

• Dividend proposed: Rs.1 per share, 10% for FY 2025-26.

Director Changes

• Re-appointment of Director Vishakha P. Tamboli.

Auditor/Remuneration

• Ratification of remuneration of Cost Auditor.

Other Material Approvals

• Increase in overall managerial remuneration of Directors (Special).

Financial results reviewed

• Unaudited standalone quarterly results for quarter ended 30 June 2026 reviewed; no material misstatement.
• Auditors did not express an audit opinion on standalone results.

Subsidiary results

• I&PCL Vacuum Cast Limited had Nil revenue and ₹0.23 lakh net loss in Q1 2026.
• Subsidiary results were not reviewed by the same audit firm; other auditors conducted review.

Regulatory context

• Review conducted under SEBI LODR Reg 33; Reg 33(8) circulars applied.
• No material misstatement observed; statements prepared per Ind AS and Indian GAAP.

Dematerialisation processing and listing

• Securities received for dematerialisation were confirmed to depositories by the registrar.
• Securities dematerialised have been listed on the stock exchanges where earlier securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within 15 days.

AGM Details

• 51st AGM scheduled for 13 August 2026 at 4:30 PM IST.
• Mode: physical meeting.
• Venue: Efcee Sarovar Portico, Bhavnagar, Gujarat.

Documents & Access

• Annual Report 2025-26 and AGM Notice enclosed; available on the company's website.
• Link for Annual Report provided in the notice.

Rating upgrade and facilities

• CARE Ratings upgraded IPCL bank facilities to CARE BBB; Stable; from BBB-; Stable.
• Total facilities: LT Term Loan 23.76, LT/ST Cash Credit 57.00, LT/ST BG/LC 14.00 crore.
• Outlook: Stable; rationale cites scale growth, diversified end-user base, profitability and debt coverage improvements.
• FY26 TOI rose 14% to ₹189 crore; PBILDT margin 16.80%; PAT margin 6.22%.
• Leverage and liquidity: gearing 0.70x; interest coverage 5.04x; TD/GCA 3.40x.

Price movement

• Company confirms no undisclosed material information; price movement is market-driven by conditions.
• Disclosures of all material events have been promptly made to the Stock Exchange.
• No impending announcements are planned as of the date of the letter.

Investment & Precision Castings Ltd — Trading window closed from 1 July 2026 till completion of 48 hours after the financial results are uploaded online on the portal of the stock Exchanges where the securities of the company are listed for the quarter ended June 30, 2026