Pitti Engineering Ltd-$

Pitti Engineering Limited (PEL) announced that the National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the Scheme of Amalgamation. The scheme involves the amalgamation of Pitti Industries Private Limited (PIPL) and Dakshin Foundry Private Limited (DFPL) with Pitti Engineering Limited. The amalgamation, effective from the appointed date of April 1, 2026, will be operational upon filing the certified true copy of the NCLT's order with the Registrar of Companies. This approval marks a significant step in the consolidation process for the companies.

Pitti Engineering Ltd announced the resignation of Shri Vinod Kumar Nagururu, Non-Executive Independent Director, effective August 26, 2026. The resignation is attributed to health reasons, with no other material factors involved. The Board of Directors has placed on record its appreciation for his contributions during his tenure. The company has enclosed the resignation letter and necessary confirmations as per SEBI regulations.

Pitti Engineering Ltd has dispatched web link letters to members whose email addresses are not registered, providing access to the Annual Report for FY 2025-26. The 42nd Annual General Meeting (AGM) is scheduled for September 18, 2026, via Video Conferencing. The communication is specifically for members without registered email addresses as of August 21, 2026. The web link and exact navigation path to the report are provided.

Pitti Engineering Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per SEBI regulations. The report details the company's corporate identity, business activities, operational footprint, and employee statistics. Key business activities include manufacturing electrical laminations, sub-assemblies, die-cast rotors, castings, and machining of metal components, contributing 96.88% to turnover. The company serves B2B customers across 28 Indian states and 11 countries, with exports accounting for 31.89% of total turnover. As of March 31, 2026, the company had 1,070 permanent employees and 2,843 permanent workers. The report also covers details of its wholly-owned subsidiaries, Pitti Industries Private Limited and Dakshin Foundry Private Limited.

Pitti Engineering Ltd has announced its 42nd Annual General Meeting (AGM) will be held on Friday, September 18, 2026, at 4:00 PM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, declaration of a final dividend of ₹2.50 per equity share, and the re-appointment of Shri Akshay S Pitti as a Director. Additionally, the company will seek ratification of remuneration for Cost Auditors for FY 2026-27 and approval to maintain company registers at the Registrar and Transfer Agent's office.

Pitti Engineering Ltd has submitted its Annual Report for the financial year 2025-26, coinciding with the announcement of its 42nd Annual General Meeting (AGM). The AGM is scheduled for Friday, September 18, 2026, at 4:00 PM, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The report, which includes the AGM notice, has been disseminated to shareholders electronically and via a web link with a QR code for those without registered email addresses. The company highlights its position as India's largest manufacturer of electrical steel laminations and a vertically integrated engineering solutions provider serving diverse global industries. The report also touches upon the Indian economic environment and the company's strategic focus.

Pitti Engineering Ltd has announced the record date for the payment of its final dividend for the financial year 2025-26. The 42nd Annual General Meeting (AGM) is scheduled for September 18, 2026. The record date for determining eligibility for the final dividend and for the AGM is set as September 11, 2026. If declared at the AGM, the dividend will be paid within 30 days of the meeting's conclusion.

Pitti Engineering Ltd announced its 42nd Annual General Meeting (AGM) will be held on September 18, 2026, at 4:00 PM IST via Video Conferencing. The company has set September 11, 2026, as the record date for both the AGM and the payment of a final dividend of ₹2.50 per equity share (50%) for the financial year 2025-26. The Annual Report, including the AGM notice and financial statements, will be distributed to shareholders. E-voting will be available from September 15th to 17th, with a final voting opportunity during the AGM.

Pitti Engineering Limited announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a total income of ₹530 crore, a 14% increase year-on-year. Consolidated Adjusted EBITDA stood at ₹89 crore, up 14%, with an EBITDA margin of 16.8%. Adjusted PAT grew by 25% to ₹32 crore, resulting in a PAT margin of 6.0%. Sales volume for laminations and assemblies increased by 18.8% YoY to 19,240 MT. The company attributes this growth to global manufacturing trends, localization, and the China+1 strategy, supported by ongoing capacity expansion.

Pitti Engineering Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved both standalone and consolidated results during a meeting held on August 10, 2026. The results were prepared in accordance with Indian Accounting Standard 34 and submitted along with a limited review report from statutory auditors Talati & Talati LLP.