POCL Enterprises Ltd — Important, 14-08-2026: Company Update

The company's board has approved the financial results for the quarter ended June 30, 2026, showing standalone net profit of 5.71 Cr and consolidated net profit of 6.17 Cr. Terms for five key directors were extended, subject to shareholder approval. The statutory auditor resigned due to fee concerns; R K C G & Associates LLP was immediately appointed, alongside new cost and internal auditors. A strategic move includes acquiring a 51% stake in Trichy Metals and Alloys for 12.47 Cr, establishing it as a subsidiary. An AGM on September 28 will finalize these decisions and a final dividend.