Annual Report_2025-26

25th August, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited 25th Floor, P. J. Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Dalal Street, Complex, Bandra (E), Mumbai -400 001 Mumbai -400 051 Security Code: 540923 Security Symbol: ASHOKAMET Dear Sir/ Madam, Sub: Annual Report for the Financial Year 2025-26 Pursuant to Regulation 34(1)(a) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the copy of Annual Report of the Company for the Financial Year 2025-26, along with notice of 17th Annual General Meeting to be held on Thursday, 17th September, 2026 at 3:30 P.M. IST through Video Conferencing (VC)/other Audio-Visual Means (OAVM). Kindly find the same and take on your records. Thanking you. Yours faithfully, For Ashoka Metcast Limited Ashok Shah Managing Director DIN: 02467830 Encl: As above Ashoka Metcast Limited Reg. Ofc: Corporate House-2, Anam-2, lscon Ambli BRTS Road, Nr. Vakil Saheb Bridge, Ambli, Ahmedabad-380058, Gujarat, India Website: www.ashokametcast.in CIN: L46620GJ2009PLC057642 Phone: 6358028106 Email: info@ashokametcast.in ANNUAL REPORT 2025-26 BOARD OF DIRECTORS Mr. Ashok Shah Managing Director Mr. Shalin Shah Non-Executive Director Mr. Hiteshkumar Donga Non-Executive Director Mr. Rushabh Shah Independent Director Mr. Kunjan Rathod Independent Director Mrs. Jhanvi Vikas Sethi Additional (Independent) Director KEY MANAGERIAL PERSONNEL Mr. Ankur Rastogi Company Secretary & Compliance Officer Mr. Chandrakant Chauhan Chief Financial Officer STATUTORY AUDITORS M/s. GMCA & Co., Chartered Accountants 101,"Parishram", 5-B, Rashmi Society, Nr. L.G. Showroom, Mithakhali Six Road, Navrangpura, Ahmedabad – 380 009, Gujarat SECRETARIAL AUDITOR Mr. Chintan K. Patel Practicing Company Secretaries, Ahmedabad REGISTERED OFFICE Corporate House-2, Anam-2, Iscon Ambli BRTS Road, Nr. Vakil Saheb Bridge, Ambli, Ahmedabad – 380 058, Gujarat, India. CIN: L46620GJ2009PLC057642 Website: www.ashokametcast.in E-mail: info@ashokametcast.in Contact No.: +91 63580 28106 REGISTRAR & SHARE TRANSFER AGENTS Bigshare Services Private Limited S6-2, 6th Floor Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093, Maharashtra, India ROAD MAP TO AGM VENUE The AGM will be held through video conferencing. NOTICE Notice is hereby given that 17th Annual General Meeting of Ashoka Metcast Limited will be held on Thursday, 17th September, 2026 at 3:30 P.M. IST through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) to transact the following Business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2026 including Audited Balance Sheet as at 31st March, 2026 and Statement of Profit and Loss and the Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors thereon. To consider and if thought fit, to pass with or without modification(s) following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of section 129, 134 and all other applicable provisions of the Companies Act, 2013 if any read with Companies (Accounts) Rules, 2014, (including any statutory modification(s) or re-enactment thereof) the Audited Standalone and Consolidated financial statements of the Company for the financial year ended 31st March, 2026 and reports of the Board of Directors and Statutory Auditors thereon, as circulated to the members, be and are hereby considered and approved.” 2. Re-appointment of Mr. Shalin Ashok Shah (DIN: 002974447), Non-Executive Director of the Company, who is liable to retire by rotation and being eligible, offers himself for re-appointment. To consider and if thought fit, to pass with or without modification(s) following resolution as an Ordinary Resolution: “RESOLVED THAT in accordance with the provisions of section 152 and other applicable provisions of the Companies Act, 2013 and The Companies (Appointment and Qualifications of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), Mr. Shalin Ashok Shah (DIN: 002974447), who retires by rotation at this meeting and being eligible for re-appointment, be and is hereby re-appointed as Non-Executive Director of the company.” “RESOLVED FURTHER THAT any of the Board of Directors/ Company Secretary of the Company be and is hereby authorized severally to do all such acts, deeds and things, to sign, execute and deliver all such documents, instruments and writings as may be required to give effect to this Resolution.” SPECIAL BUSINESS: 3. REGULARIZATION OF APPOINTMENT OF MRS. JHANVI VIKAS SETHI (DIN: 08593000) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY: To consider and, if thought fit, to pass, with or without modification(s), the following resolution as Special Resolution: “RESOLVED THAT pursuant to the provisions of sections 149, 150, 152 and any other applicable provisions of the Companies Act, 2013 (“the Act”) if any, read with Schedule IV to the Act, the Companies (Appointment and Qualification of Directors) Rules, 2014 including any other Rules made there under and Regulation 16(1)(b) and Regulation 25 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (including any statutory modification(s) or re-enactment thereof for the time being in force) and in accordance with Articles of Association of the Company, and based on recommendation of Nomination and Remuneration Committee, Mrs. Jhanvi Vikas Sethi (DIN: 08593000) who was appointed as an Additional Director (in the capacity of a Non-Executive Independent Director) of the company by the Board of Directors at its meeting held on 12th August, 2026 pursuant to section 161 of the Act and in respect of whom the company has received a Notice in writing from a Member under section 160 of the Companies Act, 2013 proposing her candidature for the office of Director and who has submitted a declaration that she meets the criteria for independence as provided in section 149 (6) of the Act, be and is hereby appointed as the Non-Executive Independent Director of the company to hold office for a term of 5 (five) consecutive years commencing from 12th August, 2026 to 11th August, 2031.” “RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, any Director of the Company be and is hereby authorised, on behalf of the Company, to do all acts, deeds, matters and things as may be deemed necessary, proper or desirable and to sign and execute all necessary documents, applications and returns for the purpose of giving effect to the aforesaid resolution.” 4. APPROVAL FOR ENHANCEMENT OF LIMIT FOR AVAILING FINANCIAL ASSISTANCE FROM PROMOTER AND PROMOTER GROUP AND CONVERSION OF LOAN INTO EQUITY SHARES: To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 62(3) and other applicable provisions, if any, of the Companies Act, 2013 and Rules made thereunder, and other applicable provisions, if any and to the extent applicable, of the Companies Act, 2013 and Rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) (hereinafter referred to as the “Act”) and in accordance with the provisions of the Memorandum and Articles of Association of the Company, the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as may be modified or re-enacted from time to time (hereinafter referred to as “ICDR Regulations”), the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (her [Showing first 8,000 characters — download PDF for full document]