Parmeshwar Metal Ltd

Parmeshwar Metal Ltd announced that its Board of Directors has approved the incorporation of a new wholly-owned subsidiary, "Parmeshwar Copperx Private Limited", under the Companies Act, 2013. The subsidiary will be based in Gujarat, India, and will operate in the metal industry, focusing on manufacturing metal products including copper extrusion. The initial investment in the subsidiary will be Rs. 5,10,000, representing 51% of its total equity share capital. This move signifies the company's strategic expansion into new manufacturing ventures within the metal sector.

Parmeshwar Metal Ltd's board approved the audited financial results for the half year and year ended March 31, 2026. They recommended a final dividend of ₹1.25 per equity share, subject to shareholder approval. The board also appointed M/s. R N C A & Associates as Internal Auditor and M/s. S A & Associates as Cost Auditor for FY 2026-2027. The meeting commenced at 03:00 P.M. (IST) and concluded at 04:10 P.M. (IST).

Parmeshwar Metal Ltd has appointed M/s. S A & Associates, Practicing Cost Accountants, as the Cost Auditor for the financial year 2026-27. The board also approved the audited financial results for the half year and year ended March 31, 2026, recommended a final dividend of ₹1.25 per equity share, and appointed M/s. R N C A & Associates as Internal Auditor for FY 2026-27. The board meeting was held on May 08, 2026.

Parmeshwar Metal Ltd has appointed M/s. RNCA & Associates, Practicing Chartered Accountants, as the Internal Auditor of the Company for the Financial Year 2026-2027. This decision was made during the Board of Directors meeting held on May 08, 2026, where the audited financial results for the half year and year ended March 31, 2026, were also approved. The board recommended a final dividend of ₹1.25 per equity share, subject to shareholder approval.

Parmeshwar Metal Ltd's Board of Directors has recommended a final dividend of ₹1.25 per equity share of ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the audited financial results for the half year and year ended March 31, 2026. Additionally, they appointed M/s. R N C A & Associates as Internal Auditor and M/s. S A & Associates as Cost Auditor for FY 2026-2027.

Parmeshwar Metal Ltd has announced its audited financial results for the half year and year ended March 31, 2026. The board approved the results at a meeting held on May 8, 2026, and recommended a final dividend of ₹1.25 per equity share. The company also appointed M/s. R N C A & Associates as Internal Auditor and M/s. S A & Associates as Cost Auditor for the financial year 2026-2027. A statement of deviation or variation in the utilization of proceeds of Public Issue for the Half Year ended March 31, 2026 was also submitted.

Parmeshwar Metal Ltd's board approved the audited financial results for the year ended March 31, 2026, recommending a final dividend of ₹1.25 per equity share. They also appointed M/s. R N C A & Associates as Internal Auditor and M/s. S A & Associates as Cost Auditor for FY 2026-27. The board reviewed the statement of deviation or variation in the utilization of proceeds of the public issue for the half year ended March 31, 2026.

Parmeshwar Metal Ltd has scheduled a Board Meeting on May 08, 2026, to consider and recommend a final dividend on equity shares for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The board will also consider and approve the audited financial results for the half year and year ended March 31, 2026.

Parmeshwar Metal Ltd has scheduled a Board of Directors meeting on May 8, 2026, to consider and approve the audited financial results for the half year and year ended March 31, 2026. The board will also consider and recommend a final dividend on equity shares for the financial year ended March 31, 2026, subject to shareholder approval at the Annual General Meeting.

Parmeshwar Metal Ltd has received an order from the GST Authority, Gujarat, dated April 15, 2026. The order confirms a demand for ₹1.59 Crore in tax along with ₹6.07 Crore in interest and penalties, totaling ₹7.66 Crore, under the CGST Act, 2017 / GJGST Act, 2017. The issue pertains to alleged inadmissible Input Tax Credit (ITC) from non-existent suppliers or tax defaulters. The company intends to file an appeal before the Appellate Authority, stating that the demand is without merit and is expected to be set aside. Parmeshwar Metal does not foresee any material impact on its financial, operational, or other activities.