Porwal Auto Components Ltd

AGM Details

• AGM held on 28 September 2026 at 01:00 PM IST via VC/OAVM.
• Book closure from 22 to 28 September 2026.
• Record-date shareholders: 7,530.
• Attendance: 57 members via VC; quorum 30.

Resolutions and outcomes

• Resolution 1: Adoption of audited financial statements for FY2026; ordinary; passed with 99.98% in favour.
• Resolution 2: Appointment of Mukesh Utsavlal Jain as WTD and Chairman; ordinary; passed with 99.98% in favour.
• Resolution 3: Ratification of remuneration to Nikhil Jain & Associates for FY2026-27; ordinary; passed with 99.9%.
• Resolution 4: Approval of Material Related Party Transactions for FY2026-27; ordinary; passed with 99.97%.

Director changes

• Mr. Mukesh Utsavlal Jain appointed as Whole-Time Director and Chairman; retire by rotation.

Auditors

• Remuneration of Cost Accountants ratified for FY2026-27; no statutory auditor change disclosed.

Related party transactions

• Approval of material related party transactions for FY2026-27; counterparty not disclosed in excerpt.

CEO & KMP appointment

• Type: Appointment of Mr. Anish Jain as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP).
• Effective date: 29 September 2026.
• Brief profile: seasoned business leader with growth, operations, and strategic development.
• Shareholding: 75,828 shares.
• Disclosures on relationships: Not Applicable.
• Reason for change: Appointment.
• Impact on board/committee: Not specified.

Key Decisions

• Appointed Mr. Anish Jain as Chief Executive Officer and Key Managerial Personnel in the 29 Sept 2026 meeting.
• Other routine business approved with chair's permission.

AGM Details

• Date and time: 28 September 2026, 01:00 PM IST.
• Mode: VC/OAVM; venue deemed at registered office.
• Meeting concluded at 01:29 PM IST.
• e-voting conducted during AGM and 15 minutes after; results within 2 working days.

Resolutions

• Four resolutions were put to vote as per AGM notice.
• Voting results to be announced after Scrutinizer's report within 2 working days.

Capital actions discussed

• Discussion on issuance of equity shares and preferential issuance of convertible warrants.

Porwal Auto Components Ltd: Trading Window closed for Designated Persons from 1 October, 2026 till the declaration of Un-Audited Financial Results for the quarter ended 30 September 2026 and 48 hours thereafter.

Listing approval details

• Approval for issue of 17,54,384 equity shares to Non-Promoter Investors.
• Face value Rs 10; issue price Rs 57 per share (premium Rs 47).
• BSE approval letter uploaded on 19 August 2026.
• Trading approval to follow after NSDL/CDSL credit and depository confirmations.
• Shareholding pattern to be filed in XBRL if paid-up capital changes by more than 2%.
• Seven working days to file trading application from listing approval; ICDR compliance required.
• SEBI ICDR provisions apply; listing approval subject to exchange confirmations.