SM Auto Stamping Ltd

Rematerialisation requests status

• RTA Bigshare Services Pvt. Ltd. confirms no dematerialisation/rematerialisation requests received for quarter ended 30 Sept 2026.

SM Auto Stamping Limited: Trading window to close from 1 October 2026 until the completion of 48 hours after the announcement of the half-year financial results for the period ended 30 September 2026.

MD reappointment by rotation

• Reappointment by rotation of Mukund Narayan Kulkarni as Managing Director at AGM on 07/09/2026.
• Term not specified in the filing.
• Remuneration Rs 54,00,000 per annum.
• Spouse of Alka Mukund Kulkarni, Non-Executive Director.
• Current position: Managing Director.
• Has over 40 years' engineering and management experience.
• Diploma in Mechanical Engineering.
• Age 66 years.
• Chairman and member of Audit Committee.
• Attended 8 of 8 board meetings in FY 2025-26.
• Holds 100 equity shares in the company.
• Other directorships: SM Auto Vision Pvt Ltd and BBN Global Association.

AGM Details

• AGM held on 7 Sep 2026 at 11:00 AM via VC/OAVM.
• Deemed venue: C-13, MIDC Ambad, Nashik.
• Attendance: 11 members attended the AGM.
• E-voting conducted via Bigshare; period 12:00 PM–2:00 PM on meeting day.
• Cut-off date for voting: 1 Sep 2026.
• Total valid votes cast: 11,565,708.

Resolutions & Voting

• Resolution 1 (Ordinary): Adopt audited standalone and consolidated financial statements; in favour 11,565,708; against 0.
• Resolution 2 (Ordinary): Declare final dividend; in favour 11,565,708; amount per share not disclosed.
• Resolution 3 (Ordinary): Re-appoint Chairman & MD; in favour 4,976,599; abstained 6,589,109; against 0.
• Resolution 4 (Ordinary): Approve material related party transactions for FY 2026-27; in favour 1,580,000; abstained 9,985,708; against 0.
• Notable abstentions by interested shareholders observed for Resolutions 3 and 4.

Dividend

• Final dividend declared; per-share amount not disclosed.

Director Changes

• Re-appointment of Chairman and MD Mukund Narayan Kulkarni; retires by rotation; eligible.

Related Party Transactions

• Approval of material RPTs for FY 2026-27; in favour 1,580,000; abstentions 9,985,708; against 0.

AGM Details

• 20th AGM held on 07 September 2026 at 11:00 a.m. via video conferencing.
• Deemed venue: C-13, MIDC Ambad, Nashik.
• 11 members attended via VC/OAVM.
• E-voting via Bigshare; voting window 12:00 to 14:00.
• Cut-off date for voting eligibility: 01 September 2026.

Resolutions and outcomes

• Resolution 1: Ordinary; adoption of standalone and consolidated financial statements; passed.
• Resolution 2: Ordinary; final dividend on equity shares declared; passed.
• Resolution 3: Ordinary; re-appointment of MD and Chairman Mukund Narayan Kulkarni; passed with abstentions.
• Resolution 4: Ordinary; approve material related party transactions for FY 2026-27; passed with abstentions.
• Resolution 3 abstained by two members.
• Resolution 4 abstained by five members.

Director changes

• Re-appointment of Mukund Narayan Kulkarni as MD and Chairman; retiring by rotation; eligible for re-appointment.

Remuneration details

• Remuneration for MD and Chairman: Rs 54 lakh per annum.

Dividend and AGM details

• Final dividend of Rs 1.50 per share for FY2025-26 recommended, subject to AGM approval.
• Record date for entitlement is 1 September 2026; dematerialized holders as of close of business will be eligible.
• 20th AGM to be held via video conference on 7 September 2026 at 11:00 am.
• AGM venue: deemed venue at C-13, MIDC Ambad, Nashik.

SM Auto Stamping Ltd — Trading Window Closure from Sep 2, 2026 to Sep 7, 2026 until the conclusion of its 20th AGM

Key dates and actions

• Purpose: AGM-related book closure and entitlement for voting and final dividend.
• Security: Equity shares.
• Book closure: Sep 2, 2026 to Sep 7, 2026 (inclusive).
• Record date for dividend: Sep 1, 2026.
• Voting cut-off date: Sep 1, 2026.
• Voting to be conducted via Bigshare e-voting.
• AGM date: Sep 7, 2026 at 11:00 AM.

Financial performance

• Revenue from operations ₹71.31 crore; up from ₹66.38 crore.
• Total income ₹73.10 crore; expenditure ₹69.11 crore.
• Profit before tax ₹3.90 crore; profit after tax ₹2.78 crore.
• EPS ₹2.03; net worth ₹23.15 crore.
• Profit retained as surplus; no transfer to reserves.

Dividends & returns

• Final dividend proposed ₹1.50 per equity share.
• Record date 1 September 2026.
• AGM scheduled 7 September 2026; via VC.
• Unclaimed dividends ₹16,920 and ₹7,920 as of 31 Mar 2026.
• Dividend payments subject to tax deductions as applicable.

Capital structure & shareholding

• Authorized share capital ₹16.50 crore; issued/subscribed ₹13.69 crore.
• No change in capital during the year.
• Promoter group holds 72.95% of equity.
• Associate SM Autovision Pvt Ltd holds 48% equity.
• Total investment in associate ₹10.55 crore.

Related party transactions

• Material RPTs with SM Autovision Pvt Ltd and Suvidh Engineering.
• FY2026-27 proposed aggregate RPTs exceed 10% of turnover.
• SM Autovision: Labour received ₹1.00 crore; Labour paid ₹0.80 crore; Purchases ₹2.00 crore; Sales ₹4.00 crore.
• Suvidh Engineering: Sales ₹2.00 crore; Purchases ₹2.00 crore.
• Omnibus approvals and shareholder approval sought for RPTs.

Audit, controls & compliance

• Standalone and Consolidated audits: unmodified opinions.
• Trade payables/receivables balances are subject to confirmation.
• DGFT show-cause notices; EPCG surrender completed; non-utilization certificates obtained.
• Internal controls: ERP integration and stock/asset modules need enhancements.
• No fraud reported; no impairment recognized.

AGM notices & regulatory

• 20th AGM through VC on 7 Sep 2026; notice and annual report on website.
• Cut-off date 7 Aug 2026; record date 1 Sep 2026.
• No proxies allowed; corporate members to provide board resolutions.
• E-voting window: 7 Sep 2026, 00:00 to 14:00 IST.

Outlook & risks

• Outlook: growth in automotive and non-automotive segments; exports expansion.
• Focus on low-cost automation and digital systems; leadership development.
• Risks: supply chain disruptions; raw material price volatility; regulatory/compliance changes.

Dividend and financial reports

• Recommended final dividend for FY 2025-26, subject to shareholder approval at AGM; fixed record date set.
• Approved opening of separate dividend account with ICICI Bank.
• Considered, approved, and adopted Director's Report for FY 2025-26.
• Approved Annual Report for FY 2025-26.

AGM preparations

• Approved Book Closure for the 20th AGM.
• Appointed Scrutinizer for AGM voting process.
• Approved Notice of the 20th AGM for year ended 31 March 2026.

Compliance and disclosures

• Noted compliance under SEBI LODR and Depository Regulations for quarter ended 30 June 2026.
• Noted compliances under other legislations.

Financing and licenses

• Renewed cash credit facility with TJSB Sahakari Bank Limited, Nashik.
• Renewal of Factory Act license for plant at MIDC Ambad, Nashik, for 2026-28.

Governance and POSH

• Appointed Nodal Officer for POSH Act SHe-Box portal.