Investment & Precision Castings Ltd

Processing and listing confirmations

• Dematerialisation requests processed; accepted or rejected and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification; depository name substituted as owner.
• Timeline: substitution and cancellation completed within the prescribed timeline.

Investment & Precision Castings Limited – Trading window closed from 1 October 2026 until 48 hours after unaudited standalone and consolidated financial results for the quarter ended September 30, 2026 are uploaded online.

Order details

• PLR Systems Private Limited awarded Light Machine Gun components order; value undisclosed; received 21.09.2026; not related party.
• Order expected to augment the company's order book and positively impact financial performance.

Order from HAL

• Awarding entity is Hindustan Aeronautical Limited (HAL), a domestic Indian defense contractor.
• Nature and scope: supply of combat aircraft components for aerospace use.
• Order value: not disclosed due to confidentiality obligations.
• Date of receipt: 05.09.2026.
• Related party: not a related party transaction.
• Impact: augments the order book and improves financials during execution period.

AGM results and key resolutions

• Ordinary resolution to adopt standalone and consolidated financial statements for year ended 31 March 2026 approved.
• Dividend of 10% (Rs 1 per share) for FY2025-26 approved.
• Reappointment of Vishakha P. Tamboli as director approved (retires by rotation).
• Special resolution to increase directors' remuneration approved.
• Remuneration of Cost Auditor ratification approved.

Governance and voting details

• Scrutinizer appointed: Devesh Mehta & Associates for AGM voting.
• All resolutions passed with requisite majority via remote e-voting and ballot.

AGM Details

• AGM held on 13 Aug 2026 at 4:30 PM at registered office; physical meeting with remote e-voting.

Key Resolutions and Voting Outcomes

• Item 1: Adopt financial statements; 99.99999% in favour.
• Item 2: Dividend declared; 99.999% in favour.
• Item 3: Reappoint Tamboli; 99.997% in favour.
• Item 4: Increase remuneration; 99.997% in favour.
• Item 5: Ratify cost auditor remuneration; 99.9993% in favour.

Director Changes

• Tamboli reappointed as director following retirement by rotation.

Auditor Approvals

• Cost Auditor remuneration ratified.

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.