PPAP Automotive Limited

PPAP Automotive Limited has announced a meeting of its unsecured creditors to discuss the scheme of amalgamation with Avinya Batteries Limited. The meeting, convened as per the National Company Law Tribunal's (NCLT) order, will be held on September 30, 2026, at 3:30 PM via Video Conferencing/Other Audio-Visual Means (VC/OAVM). Unsecured creditors as of March 31, 2026, are eligible to attend and vote. Remote e-voting will be available from September 26 to September 29, 2026. The notice includes details on the amalgamation scheme, NCLT order, and related board resolutions.

PPAP Automotive Limited has announced a crucial meeting of its shareholders scheduled for September 30, 2026, at 10:30 AM. This meeting, to be conducted via Video Conferencing/Other Audio-Visual Means (VC/OAVM), is in accordance with an order from the National Company Law Tribunal (NCLT), New Delhi Bench, dated July 29, 2026. The purpose of the meeting is to discuss and vote on the proposed scheme of amalgamation where Avinya Batteries Limited (Transferor Company) will merge with PPAP Automotive Limited (Transferee Company). Shareholders registered as of the cut-off date, May 22, 2026, are eligible to vote. Remote e-voting will be available from September 26 to September 29, 2026. The notice, including details for e-voting and meeting participation, has been dispatched to shareholders and is also available on the company's website.

PPAP Automotive Limited has announced a meeting of its secured creditors, scheduled for September 30, 2026, at 12:30 PM via Video Conferencing/Other Audio-Visual Means (VC/OAVM). This meeting is convened pursuant to an order from the National Company Law Tribunal (NCLT), New Delhi Bench, dated July 29, 2026. The purpose is to discuss the scheme of amalgamation of Avinya Batteries Limited (Transferor Company) with PPAP Automotive Limited (Transferee Company). Voting rights will be proportional to the outstanding amount as of March 31, 2026. Remote e-voting will be available from September 26 to September 29, 2026. The notice, along with other relevant documents including the explanatory statement and the amalgamation scheme, has been dispatched to creditors and is also available on the company's website.

PPAP Automotive Ltd has filed its Business Responsibility and Sustainability Report for the financial year ended March 31, 2026. This report, submitted pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is enclosed with the Notice for the 31st Annual General Meeting (AGM) scheduled for September 18, 2026. The report details the company's financial and operational performance, strategic priorities, governance, and sustainability initiatives, including environmental progress and green practices. It also covers the company's subsidiaries and associates, and includes forward-looking statements subject to risks and uncertainties. The report is available on the company's website.

PPAP Automotive Ltd has announced its 31st Annual General Meeting (AGM) scheduled for September 18, 2026, at 11:30 a.m. IST, to be conducted via video conferencing. Concurrently, the company has released its Annual Report for the financial year 2025-26. This report details the company's financial and operational performance, strategic priorities, governance, and sustainability efforts. It also covers forward-looking statements regarding future prospects, subject to risks and uncertainties. The report is available on the company's website, www.ppapco.in, and includes sections on corporate overview, business philosophy, financial statements, and sustainability initiatives.

PPAP Automotive Ltd's Board of Directors has recommended a final dividend of ₹1.5 per equity share (15%) for FY 2025-26, subject to shareholder approval at the upcoming 31st AGM. The dividend will be paid within 30 days post-AGM. Shareholders are informed that dividend income is taxable in their hands as per the Income Tax Act, 2025. The company will deduct tax at source (TDS) at applicable rates, which vary based on residential status and shareholder category. Resident individual shareholders receiving up to ₹10,000 in FY 2026-27 will not have tax deducted. Specific TDS rates and required documentation for resident and non-resident shareholders are detailed, including a 20% TDS rate for PAN-Aadhaar non-linkage and for non-residents unless a lower DTAA rate applies. Shareholders are urged to submit necessary documents by September 12, 2026.

PPAP Automotive Ltd announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27), reporting a strong start to the fiscal year. Consolidated revenue from operations surged by 34.1% year-on-year to ₹156.4 Crores, driven by robust model-based growth and favorable industry demand. EBITDA increased by 33.3% YoY to ₹12.4 Crores. The company achieved a Profit After Tax of ₹0.9 Crores, a significant improvement from a loss of ₹2.3 Crores in the prior year's quarter. Key business highlights include securing lifetime order wins of approximately ₹131 Crores, with a substantial increase in EV orders, and entering a strategic partnership with Hutchinson for advanced body sealing systems in India. The company expressed optimism for sustained growth, supported by a healthy order pipeline and new product initiatives.

PPAP Automotive Limited has announced its Annual General Meeting (AGM) will be held on Friday, September 18, 2026, at 11:30 AM IST. The meeting will be conducted exclusively through video conferencing or other audio-visual means. The company has set Friday, September 11, 2026, as the record date for determining shareholders eligible for dividend, if approved at the AGM. The Register of Members and Share Transfer Book will be closed from September 12 to September 18, 2026. The cut-off date for remote e-voting and e-voting at the AGM is also September 11, 2026. Remote e-voting will be open from September 14 to September 17, 2026.

PPAP Automotive Limited has announced the record date for its final dividend for the fiscal year 2026. The company's Annual General Meeting (AGM) will be held on September 18, 2026, via video conferencing. Shareholders as of September 11, 2026, will be eligible to receive the dividend, subject to approval at the AGM. The register of members and share transfer books will be closed from September 12 to September 18, 2026. The cut-off date for remote e-voting and e-voting at the AGM is also set for September 11, 2026, with remote e-voting commencing on September 14 and concluding on September 17, 2026.

PPAP Automotive Limited announced its unaudited financial results for the quarter ended June 30, 2026. The results were considered and approved by the Board of Directors at a meeting held on August 7, 2026. The financial results are both standalone and consolidated, accompanied by a limited review report from the statutory auditor. The company has prepared these results in accordance with Indian Accounting Standard 34, Interim Financial Reporting.