POCL Enterprises Ltd — Important, 16-03-2026: Company Update
16-03-2026 | 06:26 pm
16-03-2026 | 06:26 pm
The company's Board has approved the amalgamation of Planetfirst Green Private Limited (PGPL) into POCL Enterprises Limited (POEL), effective April 1, 2026. This merger integrates PGPL's specialized lead recycling with POEL's manufacturing, expanding POEL's reach into Western India via PGPL's Surat unit. The goal is a vertically integrated business, ensuring stable access to recycled metal inputs, boosting operational efficiency, and realizing economies of scale. PGPL shareholders will receive POEL shares: 13 POEL equity shares for every 100 PGPL equity shares, and 5 POEL equity shares for every 100 PGPL preference shares.
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