Pooja Western Metaliks Clarifies Dividend Non-Payment Following Shareholder Rejection
Published on: Dec. 19, 2025, 2:47 p.m. | Source: scanx.trade
Poojawestern Metaliks Limited has addressed shareholder concerns about not receiving dividends for the financial year ended March 31, 2025. The company clarified that while the Board had recommended a final dividend of ₹1.00 per equity share (10% of face value), the proposal did not receive the required shareholder approval at the Annual General Meeting on September 25, 2025. This was confirmed in the Scrutinizer's Report dated September 29, 2025. The company has committed to addressing shareholder concerns, maintaining transparency, and reviewing future dividend declarations based on profitability, cash flows, business requirements, and shareholder interests.
