Parmeshwar Metal Ltd — Important, 08-05-2026: Company Update
08-05-2026 · 05:47 pm
Parmeshwar Metal's Board has approved the financial results for the half-year and year. The company proposed a final dividend of Rs. 1.25 per equity share, subject to shareholder approval. For improved governance, M/s. R N C A & Associates were appointed as Internal Auditors and M/s. S A & Associates as Cost Auditors for FY 2026-2027. The company also clarified the utilization of its Rs. 24.74 Cr public issue funds. A shareholder-approved reallocation of Rs. 0.41 Cr was made from public issue expenses to working capital, ensuring optimal use of funds within the original IPO objectives.
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