Palco Metals Ltd

AGM Details

• Date of meeting: 28 September 2026.
• Time: 11:00 AM to 11:45 AM.
• Mode: Physical meeting with remote e-voting.
• Record date: 21 September 2026.
• Shareholders on record: 3,276.
• Voting facility: NSDL e-voting.

Key Resolutions

• Adoption of audited financial statements and reports; passed.
• Re-appointment of Naman Naredi, retiring by rotation; passed.

Voting Results

• Resolution 1 passed; minor opposition: 2,250 votes against.
• Resolution 2 passed; minor opposition: 2,250 votes against.

Director Changes

• Re-appointment of Naman Naredi as director; eligible.
• Board meeting date of appointment: 24 August 2026.

AGM Details

• AGM held on date in September 2026 at 11:00 AM, in-person in Ahmedabad.
• Quorum established with substantial shareholding represented at the meeting.
• Remote e-voting facility available from start to end dates; NSDL used; Scrutinizer appointed.
• Ballot voting provided; poll procedures explained.

Ordinary Resolutions

• Resolution 1: Adoption of audited financial statements and reports.
• Outcome: Passed subject to receipt of requisite votes; final results to be announced.
• Resolution 2: Re-appointment of director by rotation.

Palco Metals Limited: Trading Window closed from 1 October 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter ended 30 September 2026

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.

Meeting Details

• Board meeting on 10 August 2026 at 3:00 PM at registered office, Ahmedabad.

Key Agenda Items

• Consider and approve standalone unaudited financial results for quarter ended 30 June 2026.
• Consider and approve consolidated unaudited financial results for quarter ended 30 June 2026.

Other Notes

• Results to be declared on 10 August 2026.
• Trading window remains closed until 12 August 2026.

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.