ND Metal Industries Ltd

Fund-raising and deviation status

• Purpose: Non-applicability of deviation due to no funds raised in the half-year.
• Mode of fund raising: None; no issue, rights, or QIP undertaken.
• Amount raised: Nil; no funds raised during the period.
• Date of fund raising: Not applicable.
• Deviation/variation: Not applicable.
• Monitoring agency: Not applicable.
• Status of fund utilisation: Not applicable.

Dematerialisation status

• Securities received for dematerialisation were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchange where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner within 15 days of receipt.
• No Demat/Remat requests were received during the period.

N. D. METAL INDUSTRIES LTD – Trading Window closure from 01 October 2026 until 48 hours after the declaration of unaudited financial results for the half year and Q3 ended 30 September 2026.

AGM Details

• 40th AGM held on 30 Sep 2026, 1:00–3:30 PM, at Mumbai registered office (physical).

Voting & Proceedings

• Remote e-voting and on-site e-voting used; show of hands not permitted.

Resolutions

• Ordinary: Adopt audited financial statements for year ended 31 March 2026 and related reports.
• Ordinary: Re-appoint Harsh Rekha Garg, retiring director, by rotation.
• Ordinary: Appoint Statutory Auditor Suvarna & Katdare from 2026 AGM to 2029.
• Special: Appoint Nikita Goyal as Independent Director.

Results

• All resolutions passed with requisite majority as per scrutinizer's report.

Book closure details

• Book closure for equity shares from 23 Sep 2026 to 30 Sep 2026.
• Purpose: record of members for AGM on 30 Sep 2026 for the FY ended 31 Mar 2026.

AGM Details

• 40th AGM scheduled for 30 September 2026 at 1:00 PM in electronic voting mode.
• Notice and annual report for 2025-26 sent electronically to members and filed with exchanges.

Financials

• Total income ₹97.50 Lakhs; revenue from operations ₹2.32 Lakhs; other income ₹95.18 Lakhs.
• Profit after tax ₹14.57 Lakhs; EPS ₹0.59.
• Dividend for 2025-26: ₹0; no final dividend.
• Paid-up capital ₹248.00 Lakhs; total equity ₹313.92 Lakhs.

Operational snapshot

• Revenue from operations fell to ₹2.32 Lakhs in FY25-26 from ₹5.06 Lakhs prior year.
• Other income ₹95.18 Lakhs, largely from rental income ₹90.12 Lakhs.
• Segment: Trading and Manufacturing; investment income not treated as separate segment.

Dividends & reserves

• No dividend declared for 2025-26; no buybacks or rights issue.
• Transferred ₹14.57 Lakhs to Reserves/Surplus.

Governance & board

• Independent Director Nikita Goyal appointed; term to 2031.
• Board meetings held: seven during the year.
• Secretarial audit notes governance gaps; board balance not proper; independent directors being identified.

Audit & internal controls

• Statutory auditors: Suvarna & Katdare; appointment proposed till FY2029.
• Secretarial auditor: Sweeti Shaifali; internal controls deemed adequate.
• Internal auditor appointed; compliance with PIT and LODR in process.

Related party & risks

• Related party transactions disclosed; arm's length and ordinary course.
• Related parties include Gaurav Garg (Director) and group entities; sale ₹2.32 Lakhs, purchase ₹2.24 Lakhs, rent ₹0.60 Lakhs.
• Risk management policy adopted; ongoing oversight.

Key Decisions

• Approve Director's Report for the financial year ended 2026.
• Approve Notice of 40th AGM scheduled for Sep 30, 2026 at the registered office.

Appointments/Resignations

• Appointed M/S Priyanka Singh & Co, Practicing Company Secretaries, as Scrutinizers for conducting E-Voting.