Palco Metals Ltd

Results publication

• Extract of unaudited quarterly results for quarter ended 30 June 2026 published in newspapers.
• Newspapers: Indian Express (English) and Financial Express (Gujarati); results posted on company website.
• Audit Committee reviewed; Board approved the results on 10 August 2026.
• Full quarterly results filed with stock exchanges and available on company's website.

Financial results

• Standalone unaudited Q1 2026-27 results approved.
• Consolidated unaudited Q1 2026-27 results approved.
• Results to be declared on 10 August 2026; trading window closed until 12 August 2026.
• Audit Committee reviewed results; statutory auditors approved and taken on record by Board.
• Subsidiary Palco Recycle Industries Limited included in consolidation; revenue Rs 6845.73 Lakhs; PAT Rs 161.57 Lakhs.
• Ind AS 108 not applicable; single business segment.

Purpose of Meeting

• NCLT-ordered Scheme of Amalgamation between Palco Metals and Palco Recycle Industries.

Key Resolutions

• Approval of the Amalgamation Scheme by equity shareholders.

Voting Outcome

• Equity shareholders approved with requisite statutory majority.
• Public shareholders approved; two shareholders voted against (20 shares).
• No abstentions reported.

Shareholder/Creditor Impact

• No exchange ratio or capital-structure changes disclosed.
• No listing-status changes disclosed.

Next Steps

• Await NCLT sanction for Scheme to become effective.
• Timeline for sanction not disclosed.

Purpose of Meeting

• Unsecured creditors meeting to approve the Palco Metals–Palco Recycle amalgamation scheme.

Key Resolutions/Business

• Approval of the Scheme of Amalgamation between Palco Metals Ltd and Palco Recycle Industries Ltd; voting via poll.

Voting Outcome

• Voting conducted via poll; outcome not disclosed in filing; results to be filed separately.

Shareholder/Creditor Impact

• Amalgamation contemplated; no share exchange ratio or listing status disclosed.

Next Steps

• NCLT order dated June 16, 2026; further approvals pending.

Purpose of Meeting

• Court-convened meeting on July 27, 2026 to approve Palco Metals Limited and Palco Recycle Industries Limited amalgamation.

Key Resolutions/Business

• Approve the Scheme of Amalgamation between Palco Metals Limited and Palco Recycle Industries Limited.

Voting Outcome

• Voting results to be submitted separately; remote e-voting conducted July 24–26, 2026.

Shareholder/Creditor Impact

• Details on share exchange ratio or capital structure will accompany voting results.

Next Steps

• Next steps include submission of voting results; no further steps disclosed.

demat/remat processing status

• Securities received for dematerialisation during the period were confirmed to the depositories as accepted or rejected.
• Securities dematerialised have been listed on the stock exchanges where the original securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification, with the depository's name substituted as registered owner within 15 days.

Board outcome submission delay

• Board meeting on 25 June 2026 ran 3:00–3:30 PM; submission delay due to OCR conversion and connectivity issues.

🗓️ Meeting Details

• Board meeting scheduled for 13th February 2026 at 4:00 PM at registered office, Ahmedabad, Gujarat.

📊 Financial Results Approval

• Approval of standalone unaudited financial results for quarter and nine months ended December 31, 2025.
• Approval of consolidated unaudited financial results for quarter and nine months ended December 31, 2025.